On Tuesday, the Securities and Exchange Commissions (SEC) said that the fortune 500 company, Wells Fargo, would have to pay $6.5 million as penalty for failing to disclose risks on investments sold to non-profit organizations, municipalities and other customers.
On Friday, according to a “Forbes Richest Author List 2012,” the author who has become famous for his legal thrillers is labeled as the richest writer of the year, with a reported $94 million for 14 of his books published between 2011 and 2012.
CEO of Papa John's Pizza, John Schnatter, says that customers will have to pay more for a slice of pizza because of Obama's healthcare plan. According to trade reporter, Dennis K Berman, the price of a slice of pizza is likely to increase by 11 to 14 cents, which amounts to an increase between 15 to 20 cents more per order.
On Tuesday, the lawyers of George Zimmerman, who is being charged with second-degree murder of 17-year-old Travyon Martin, say that will not attend Wednesday’s routine court hearing , because they need more time to prepare for the case. According to Mark O’Mara, Zimmerman’s attorney, the trial is likely to start in a year’s time.
