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Indonesia's Lippo appoints banks for initial $200 million e-commerce funding

Indonesian conglomerate Lippo Group has appointed Credit Suisse and Bank of America Merrill Lynch to lead its first round of funding, worth $200 million, for its e-commerce push. Lippo, controlled by the Riady family, has also chosen Rothschild as its financial adviser for the transaction. The funding will be used ...

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Wink smart home hubs knocked out by security certificate (update)

Now for the downside of a house loaded up with "smart" devices to allow remote control and monitoring: turning your home into a computer means computer-like problems. Today's example comes from the Wink Hub, a $50 device sold at Home Depot that's sup...

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Senator Robert Menendez used political clout to get visas for three of wealthy donor's foreign girlfriends, according to corruption indictment

New Jersey Senator Robert Menendez is facing the possibility of 15 years in prison for using his position to help a wealthy donor in exchange for nearly $1m in campaign contributions and gifts.

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