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19848 articles published since 08 Mar 2022

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Switzerland scraps Credit Suisse execs' bonuses
Switzerland scraps Credit Suisse execs' bonuses
Business and Economy

The Swiss government said Wednesday it would scrap the outstanding bonuses of Credit Suisse's executive board following the bank's implosion and emergency takeover by rival UBS. The government -- which engineered the merger -- said the move was due to the top-level management's "responsibility" for the decline of the 167-year-old institution.

Operation Cookie Monster: police shut huge cybercrime site
Operation Cookie Monster: police shut huge cybercrime site
Business and Economy

A global police operation has shut down one of the world's largest online marketplaces where cybercriminals can buy stolen identities and passwords, international law enforcement said on Wednesday. Europol said the "unprecedented law enforcement operation" had taken down "one of the most dangerous marketplaces selling stolen account credentials to hackers worldwide."

US private hiring, services activity cool in March
US private hiring, services activity cool in March
Business and Economy

US private employers slowed their hiring pace in March while services sector activity eased, separate surveys showed Wednesday, in signs that the economy is cooling following efforts to contain inflation. "Our March payroll data is one of several signals that the economy is slowing," ADP chief economist Nela Richardson said in a statement on Wednesday.

Nintendo 'needed to be involved' in new Mario movie, says Miyamoto
Nintendo 'needed to be involved' in new Mario movie, says Miyamoto
Business and Economy

When Shigeru Miyamoto first created a princess-rescuing plumber more than four decades ago, Nintendo's future mascot was just a collection of pixels who didn't have a flamboyant Italian accent -- or even a name. According to Miyamoto, the idea for a film emerged from a major strategic shift by Nintendo around a decade ago, to make its games "more character-driven."

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