Category : Search result: California financial crisis
FCA Investigates Aberdeen Over Dubai Operations Compliance
The UK's Financial Conduct Authority launches an investigation into Aberdeen's Dubai operations, raising serious questions about oversight in the emirate's burgeoning financial district and compliance with international standards.
Two Children Found Dead in Suitcases in Southern California
A heartbreaking discovery in Southern California as two young children are found deceased inside suitcases. Authorities are investigating this deeply disturbing case.
Major Pacific Storm To Hit California, Southwest US
A significant atmospheric river event is set to batter California and the Southwest US, bringing heavy rain, mountain snow, and potential flooding, with meteorologists warning of travel disruptions and power outages.
Major Manufacturer Closes California Factory After 78 Years
A landmark US manufacturing firm closes its California factory after 78 years, laying off hundreds of workers and dealing a severe blow to the state's industrial sector amid a growing business exodus.
Armed suspect on run after California desert shootout with deputies
A major police manhunt is underway in Southern California's desert after a suspect opened fire on San Bernardino County deputies and fled into the wilderness near Palm Springs.
Napa Valley Wildfire Forces Mass Evacuations
A rapidly expanding wildfire, the 'Hennessey Fire,' is tearing through Napa County, California, prompting urgent evacuations, threatening homes and vineyards, and casting a dense, hazardous smoke plume over the renowned wine region.
California Redistricting Deadlock Threatens 2026 Elections
California faces an unprecedented constitutional crisis as a political stalemate leaves the state without a valid congressional map, potentially disenfranchising millions of voters ahead of the 2026 midterms.
Newsom Vetoes California Redistricting Bill in Political Showdown
California Governor Gavin Newsom blocks a Democratic-backed bill that would have altered state redistricting rules, preventing Republican gains in key districts. The move sparks intense political debate about electoral fairness.
San Quentin Shooting: Two Guards Critical in Targeted Attack
Exclusive: Two correctional officers were critically wounded in a calculated shooting at San Quentin prison, raising urgent questions about safety and the state's escalating firearm epidemic.
Newsom's Children Targeted in Beverly Hills Abduction Attempt
Shocking security breach as two suspects attempt to snatch Governor Newsom's children under protection of California Highway Patrol in exclusive Beverly Hills neighbourhood.
Deadly Valley Fever Surge Sparks California Health Alert
Health officials issue urgent warning as cases of the potentially lethal Valley Fever, caused by inhaling fungal spores from disturbed soil, surge across California. Experts link the rise to climate conditions and call for increased public awareness.
Newsom's Redistricting Power Grab Sparks Fury
California Governor Gavin Newsom faces fierce backlash from Republicans over a controversial last-minute redistricting bill, accused of gerrymandering to secure Democratic supermajorities and oust GOP incumbents ahead of the 2026 election.
California Baby Kidnapping: Hunt for Newborn and Suspect
California law enforcement launches a massive manhunt for a female suspect accused of violently kidnapping a newborn baby during a fake medical appointment in a brazen daytime attack.
Mercury Insurance seeks major rate hike in California
Mercury Insurance is pushing for a significant rate increase in California, citing rising costs and market instability, as homeowners face soaring premiums.
Earthquake swarm rocks California, shakes Los Angeles
A swarm of earthquakes has rattled Southern California, with multiple tremors shaking Los Angeles and surrounding areas. Experts warn of potential aftershocks.
FCA warns of rising financial scams in UK
The Financial Conduct Authority (FCA) has issued a stark warning about increasing financial scams targeting UK consumers. Learn how to spot and avoid these fraudulent schemes.
Citizens Advice Calls for FOS Reform Amid Delays
Citizens Advice urges an overhaul of the Financial Ombudsman Service, citing delays and inefficiencies as consumer complaints surge.
Mystery as stolen California plane returned undamaged
A bizarre incident in California saw a stolen plane returned undamaged, leaving authorities and locals baffled. Discover the strange details behind this aviation mystery.
California wildfire triggers evacuations
A fast-moving wildfire in Southern California has prompted evacuation orders as firefighters battle to contain the blaze amid challenging conditions.
FCA cracks down on misleading financial promotions
The Financial Conduct Authority (FCA) has issued new warnings to financial firms over misleading promotions, with 450 alerts issued in just three months. Learn how this affects consumers and firms.
Supreme Court backs FCA in financial promotions case
The UK Supreme Court has ruled in favour of the Financial Conduct Authority in a high-profile case against legal firms over unauthorised financial promotions.
Supreme Court limits Financial Ombudsman powers
The UK Supreme Court has overturned a Court of Appeal decision, limiting the Financial Ombudsman Service's powers in a major ruling affecting financial disputes.
Supreme Court rules in favour of financial watchdog FCA
The UK Supreme Court has ruled in favour of the Financial Conduct Authority (FCA) in a high-profile case, reinforcing its regulatory powers over financial disputes.
Supreme Court upholds FCA powers in landmark case
The UK Supreme Court has ruled in favour of the Financial Conduct Authority (FCA) in a high-profile case, reinforcing its regulatory powers over financial disputes.
WAG retail chain files for bankruptcy in California
WAG, a California-based retail company, has filed for Chapter 11 bankruptcy, citing financial difficulties. The move aims to restructure debts while keeping stores operational.
FCA warns banks and insurers over customer protection
The Financial Conduct Authority has issued a stark warning to banks and insurers, demanding immediate improvements in how they treat vulnerable customers and handle complaints.
Barclays fined £42m over financial risk mishandling
Barclays faces a hefty £42m penalty from UK regulators for failing to manage financial risks effectively. Discover the details behind the fine and its implications.
Banned Adviser Misled Retirees to Invest in Guardian Super
A banned financial adviser in Australia convinced retirees to invest their life savings in Guardian Super, likening himself to a 'personal trainer' for finances. The scandal has raised serious concerns about financial advice regulations.
Money Dysmorphia: The Hidden Financial Crisis
A growing number of young adults are struggling with 'money dysmorphia', a psychological condition leading to overspending and financial insecurity. Experts reveal the causes and solutions.