The Financial Conduct Authority issued a work ban on former UBS AG senior trader John Hughes today due to his involvement in aiding former colleague Kweku Adoboli in hiding a $2.3 billion unauthorized trading loss in an "umbrella" account, Bloomberg said.
Federal Communications Commission Chairman Tom Wheeler had told attendees at the National Cable and Telecommunications Association (NCTA) Cable Show today that the commission is intent on protecting the open Internet from entities who are leaning to take advantage of it for financial gains.
Representative Jason Chaffetz of the House committee investigating the attack on the US Consulate in Benghazi, Libya has demanded that the White House release all emails in its true, unredacted form pertaining to the purported terrorist attack that killed a US ambassador and 3 State Department employees, USA Today said.
Businessweek said six couples have recently sought legal action against the state of Ohio for its "unconstitutional" law that bans the recognition of same-sex marriages.
