Commonwealth Bank of Australia CEO apologies for financial planning scandal

Thursday, July 3, 2014 Ian Narev, the CEO of the Commonwealth Bank of Australia, this morning “unreservedly” apologised to clients who lost money in a scandal involving the bank’s financial planning services arm. Last week, a Senate enquiry found financial advisers from the Commonwealth Bank had made high-risk investments of clients’ money without the clients’

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Derailments close Australian rail routes

Sunday, February 1, 2009 Two train derailments in two days have closed railway lines in Australia. A Rio Tinto iron ore train derailled at Pilbara, on a spur of the Tom Price to Dampier line on Thursday 29. The following day, a freight train with 40 wagons derailed east of Kalgoorlie, injuring three people. The

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Founder and CEO of Rockmount Ranchwear Jack Weil dies at age 107

Friday, August 15, 2008 Jack A. Weil, founder and CEO of Rockmount Ranch Wear died on August 13 at the age of 107 in Denver, Colorado. He was the oldest working CEO in the United States. He was also known as “Papa Jack”. He was born on March 28, 1901 in Evansville, Indiana. In 1946,

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US home sales fall at fastest pace on record

Monday, January 25, 2010 Sales of previously owned homes in the US fell at the fastest rate ever recorded last December, according to data from the National Association of Realtors (NAR). According to the association, existing home sales fell 16.7% last month, to an annual rate of 5.45 million, the largest crash since 1968. The

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Finnish police isolate ports in Helsinki

Saturday, August 6, 2005 The Finnish police isolated the ports of Katajanokka and Länsisatama on Saturday. The ports were isolated at around 9.30 p.m. local time and the isolation was called off at around 11.30 p.m. Finnish police received reports from Estonia that a shipping container loaded with explosives could be coming from Estonia Saturday

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Author Amy Scobee recounts abuse as Scientology executive

Monday, October 11, 2010 Wikinews interviewed author Amy Scobee about her book Scientology – Abuse at the Top, and asked her about her experiences working as an executive within the organization. Scobee joined the organization at age 14, and worked at Scientology’s international management headquarters for several years before leaving in 2005. She served as

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Three Walmart superstores open in Canada

Wednesday, November 8, 2006 Wal-Mart Canada’s first three supercenters opened in Ancaster, London and Stouffville, Ontario. The idea originally started in the United States in late 2005 and was announced that it would be arriving in Canada. Flat screen TVs suspended from the ceiling will feature a television network, featuring fashion shows of Wal-Mart’s clothing

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Chrysler files for bankruptcy, Fiat Group SpA to run company

Friday, May 1, 2009 The American auto company Chrysler filed for bankruptcy Thursday, however a deal with European auto maker Fiat went through. The emerging Chrysler will be owned 55 percent by the United Auto Workers, eight percent by the United States Government, two percent by the Canadian Government and Fiat would begin with a

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