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Barclays plc chief executive Bob Diamond

Ex- Barclays CEO Blames Bank of England for Libor Debacle

The British Parliament, might not be the place one would expect to see fireworks lit on July 4. But that's what's likely to happen Wednesday, when the former CEO of Barclays plc (NYSE:BCS), who resigned Tuesday, is expected to tell the House of Commons its fraud was partly done at the bequest of the Bank of England.
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Barclays CEO Bob Diamond Resigns

Barclays chief executive officer Bob Diamond Tuesday quit his post over the London Inter Bank Offered Rate (LIBOR) fixing scandal, in which the bank was fined £290 million ($450m) by the U.S. and UK regulators last week.
Ed Damiano (right) delivers insulin to his son David, at the family's home in Acton, Mass. Damiano is working on a bionic pancreas that will automatically control blood glucose in people with type 1 diabetes.

Global Pharma Giants Feed On Smaller Biotech Makers

Bristol-Myers Squibbs' takeover of Amylin follows the trend of pharma companies that are acquiring biotech companies to benefit from growing medical needs, offset patent losses and boost their internal pipeline productivity.
Ava Virtual Assistant

Beyond Tupac: New Airport Holograms Assist Passengers

When ?Tupac? dazzled audiences at the Coachella music festival earlier this year, it heralded the mainstream arrival of the hologram. Now, so-called virtual assistants are popping up at airports across the globe.
oil

Crude Oil Futures Retreat In Asia After EU Deal Rally

Crude oil futures declined during Asian trading hours Monday after reporting their biggest one-day price surge in three years in the previous session as a breakthrough in the European Union summit in Brussels boosted sentiment.

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