US President Barack Obama Thursday urged Americans to open their hearts to refugees in his Thanksgiving message to the nation, likening them to the pilgrims the holiday celebrates. "Nearly four centuries after the Mayflower set sail, the world is still full of pilgrims -- men and women who want nothing more than the chance for a safer, better future for themselves and their families," Obama said in his weekly address, referring to the boat on which the first pilgrims reached the New World. Thanksgiving was first celebrated by the group who fled religious persecution in England.
Britain's financial regulator on Thursday fined Barclays bank Â£72 million ($109 million, 102 million euros) for failing to carry out proper checks on a vast so-called "elephant" deal for ultra-wealthy clients. The Financial Conduct Authority said Barclays rushed through a huge Â£1.88-billion transaction in order to secure fees from a number of very rich customers. "The clients involved were politically exposed persons and should therefore have been subject to enhanced levels of due diligence and monitoring by Barclays," the FCA added in a statement.
An ex-girlfriend has set in motion a legal battle over whether 92-year-old billionaire Sumner Redstone, who controls Viacom and CBS, is able to make his own health care decisions. Redstone has trouble controlling routine bodily functions and grasping significance of what doctors tell him, Herzer maintained in a legal filing Tuesday. "Sumner Redstone is a tragic figure in the waning days of an accomplished life," Herzer said in a civil suit asking for a California state court hearing on the matter to be hastily convened.