SEC charges fraud against Canopy, executive

The Securities and Exchange Commission filed fraud charges against Canopy Financial Inc., the health care financial services company that tumbled into bankruptcy this week amid accusations that it had falsified financial reports.
In its complaint, the SEC alleges that Canopy and Jeremy Blackburn — the former president and chief operating officer who resigned shortly after the […]

Europe Seeks ‘Orderly, Gradual’ Yuan Appreciation, Juncker Says

European finance chiefs renewed calls for China to let its currency appreciate amid concern that the strengthening euro may undermine the region’s economic recovery.
Europe is seeking “an orderly and gradual appreciation of the yuan against the euro,” rather than “abrupt” or “dramatic” changes, Luxembourg’s Jean-Claude Juncker said late today in Brussels after leading […]

Amazon says Kindle sales hit monthly record in November

Amazon.com Inc said on Monday that its Kindle electronic book reader posted its best sales yet in the month of November, as rivals struggle with fulfilling their customer orders.
The online retailer said shoppers were buying several Kindles at once as holiday gifts, while businesses and organizations were buying the device “in large quantities” for […]