An audit of a university in North Dakota shows that hundreds of foreign students were admitted despite lacking credentials and were awarded degrees without completing coursework. According to the report, released Friday, only 10 of the 410 foreign students awarded joint degrees since 2003 at Dickinson State University actually completed all the required course work. […]
North Dakota University Awarded Unearned Degrees to Foreign Students
Posted February 13th, 2012 at 3:15 am (UTC-5)
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North Dakota University Awarded Unearned Degrees to Foreign Students
Posted February 13th, 2012 at 2:51 am (UTC-5)
An audit of a university in North Dakota shows that hundreds of foreign students were admitted despite lacking credentials and were awarded degrees without completing coursework. According to the report, released Friday, only 10 of the 410 foreign students awarded joint degrees since 2003 at Dickinson State University actually completed all the required course work. […]
Japanese Firm Sues Past, Present Executives Over Accounting Cover-Up
Posted January 10th, 2012 at 8:10 am (UTC-5)
Japanese technology giant Olympus is suing the company’s president and 18 other former and current executives for their involvement in a massive accounting fraud scandal. The suit accuses President Shuichi Takayama and the others of either taking part in or knowing about a scheme to hide $1.7 billion in losses from bad investments. Olympus is […]
Fired Olympus President Gives Up Efforts to Return
Posted January 5th, 2012 at 9:25 pm (UTC-5)
The former head of Japan’s Olympus camera company who was fired for exposing a massive accounting scandal says he is giving up his efforts to get his job back. Michael Woodford, who is British, said Friday he could not get the support of major Japanese shareholders. He also said his struggles to return to the […]
China’s Long History of Tainted Food Products
Posted November 9th, 2011 at 8:30 am (UTC-5)
Here is a timeline of notable food safety incidents in China: 2008: Six babies are killed and 300,000 others sickened after drinking milk formula is contaminated with an industrial chemical Dumplings are discovered tainted with an insecticide 2010: Food sciences professor exposes recycled cooking oil taken from sewers outside restaurants Green beans are found to […]
Pioneering Japanese Firm Admits to Accounting Cover-Up
Posted November 8th, 2011 at 6:30 am (UTC-5)
The future of Japanese technology giant Olympus is in doubt after the company revealed it hid massive losses on securities investments dating from the 1990s. The admission sent Olympus’ stock plunging by 29 percent to its lowest mark in 16 years. Observers say the revelations could lead to the 92-year-old company being delisted from the […]
Chinese Oil Firm Sparks Anger Over Excessive Spending
Posted October 10th, 2011 at 3:40 am (UTC-5)
China’s largest oil-refining company is the latest state enterprise to run afoul of an Internet-empowered public. State media report Monday on a wave of public anger over online accusations that a subsidiary of China Petrochemical Corporation, or Sinopec, grossly overspent on business cards for its staff. Reports say a writer claiming to be a company […]
Representative Wu Refuses To Resign Over Sexual Misconduct Allegations
Posted July 25th, 2011 at 1:35 am (UTC-5)
U.S. House Democratic Leader Nancy Pelosi has called for an ethics committee investigation of Representative David Wu. A newspaper had reported allegations by a young woman of “aggressive and unwanted sexual behavior” by the congressman after last year’s election. This is the second time Wu has faced accusations of unacceptable sexual behavior. In 1976 Wu […]
Former British Lawmaker Loses Appeal of Expense Account Fraud Conviction
Posted July 20th, 2011 at 1:45 pm (UTC-5)
A jailed former member of Britain’s House of Lords has lost an appeal of his conviction for expense account fraud. The Court of Appeal Wednesday rejected the bid by Lord Hanningfield, a former Tory peer and leader of the Essex County Council, to overturn his conviction. The court ruled his trial had been conducted properly. […]
Indian Sports Centers Raided for Banned Drugs
Posted July 11th, 2011 at 9:55 am (UTC-5)
India’s National Anti-Doping Agency has conducted raids at two of the country’s top sports centers in search of banned drugs. A raid Monday at the the center for elite athletes in the southern city of Bangalore comes after a string of doping cases earlier this month. The agency also searched the National Institute of Sports […]
