Friday, December 12, 2008 A US$14 billion bailout package deal for the “Big Three” United States automakers — Chrysler, Ford, and General Motors — has been rejected in the United States Senate after failing a procedural vote. The bill was rejected after bipartisan discussions on the bailout broke down when Republican Party leaders insisted that […]

Wednesday, July 14, 2010 In her first election promise, Australian Prime Minister Julia Gillard specifically offered parents tax breaks of up to A$800 to cover the school uniforms of their children. Gillard aims to pledge $220 million over four years to expand the current tax breaks to cover refunds each worth $390 for primary school […]

Thursday, July 3, 2014 Ian Narev, the CEO of the Commonwealth Bank of Australia, this morning “unreservedly” apologised to clients who lost money in a scandal involving the bank’s financial planning services arm. Last week, a Senate enquiry found financial advisers from the Commonwealth Bank had made high-risk investments of clients’ money without the clients’ […]

 Correction — Aug 2, 2010 Nader referred to the 1999 repeal of the 1933 Glass-Steagal Act. The Wikinews article omitted the word “repeal” from the account of Nader’s speech.  Sunday, October 5, 2008 Independent U.S. presidential candidate Ralph Nader had harsh words for the Democrats who engineered yesterday’s passage of the Emergency Economic Stabilization Act of […]