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US Fed Chair Jerome Powell under criminal investigation
Posted onFederal prosecutors have opened a criminal investigation into Federal Reserve Chairman Jerome Powell, he said on Sunday. In a video announcing the probe, Powell said the US justice department served the agency with subpoenas and threatened a criminal indictment over testimony he gave to a Senate committee about renovations to Federal Reserve buildings. He called…
I blew the whistle on a massive tax fraud – and they sued me
Posted onTheo LeggettBusiness Correspondent Jas Bains Jas Bains alerted Danish authorities to a £1bn tax scam and they hit him with a lawsuit “We’d be met at airports in 20-foot limousines, and taken to places like the Atlantis hotel in Dubai or the Singapore Grand Prix. There’d be a hundred grand spent in the bar.” In…
Vinted users furious over InPost UK parcel delivery delays
Posted onUsers of the second-hand shopping app Vinted have taken to social media in outrage over severe delays in receiving their orders via one of the firm’s partner couriers. Posts seen by the BBC describe parcels not being collected from InPost UK lockers or left stuck in transit without updated tracking information. Some customers were notified…
Food dyes: Tech firms look for natural food colours
Posted onSuzanne Bearne Technology Reporter Fermentalg There are hundreds of thousands of microalgae species French firm Fermentalg has been all over the planet in its search for useful microalgae. “One of our lucky scientists got to go and climb the volcanoes in the Caribbean for example, and I have to restrain myself from collecting more every…
British Gas boss says energy bills rise inescapable if prices stay high
Posted onThe discussion of ways to mitigate any energy price rises came after the government’s cost-of-living tzar, Lord Walker, who is also chief executive of supermarket chain Iceland, suggested in the Sunday Times that energy companies and petrol stations should have their profits temporarily capped as oil prices jump.
