7 charged over the ‘biggest money laundering case in history’ – BUSINESS BULLETIN – 05/29/2013

7 charged over the ‘biggest money laundering case in history’
05/29/2013 – US authorities have charged 7 people over a massive money laundering operation using the digital currency operator Liberty Reserve. They suspect that 55 million transactions worth $6bn were put through the system. Also, Wal-Mart has been fined $82m over breaking environmental laws in the US, and Netflix shares have been hit by mixed reviews of the new series of ‘Arrested Development’. Stephen Carroll presents today’s business round-up.
The full list of stories in today’s bulletin:
7 charged over $6bn Liberty Reserve money laundering
US consumer confidence at 5-year high
Brands pull advertising from Facebook after juxtaposition with offensive imagery
News in brief:
Wal-Mart fined $82m over environmental breaches
Newsweek owners looking to sell stake
New News Corp publishing arm logo emulates Murdoch’s handwriting
Nike ends partnership with Livestrong
Drive-thru supermarkets in France expanding
Netflix shares fall 6% after mixed reviews of new Arrested Development series
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