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Bank of New York Mellon has agreed to pay $714 million to settle federal and state allegations. The allegations are that the bank defrauded pension funds and other clients by wrongly representing how it managed their foreign exchange transactions.

According to the US Department of Justice and New York's top legal official, the investment services and management company said that it wrongly informed customers that it would give them the `best rates' available in a process. The process was designed to maximize the proceeds of every trade in the foreign currency exchange market.

Meredith Corp, nation's top publisher of magazines and websites for women, had originated from a journal that was sold door-to-door featuring tips to help farmers get ahead in the early 1900s.

Since then, Meredith Corp. survived depression, recession, the Internet and an increasingly crowded field of magazine competitors, and has now finally grown and evolved to reach more than 200 million people a month.

The magazine publisher managed to do so by developing a keen understanding of its readers, and used its huge database for polishing how women seek and use information in the areas of food, home, parenthood and health.

E-commerce company Amazon has been awarded with an 'experimental airworthiness certificate' by the Federal Aviation Administration (FAA) on Thursday to test a delivery drone outdoors.

Amazon wants to practice its goal of sending packages to customers by air, even though it faces public concern about safety and privacy.

The permission was awarded to test drones in outdoor areas near Seattle, where one of Amazon's research and development labs is developing the technology.

The FAA issued the certificate to an Amazon business unit and its prototype drone, which would allow test flights over private, rural land in Washington state.

Seattle-based Amazon has to obtain a new certification in case it modifies the aircraft or flies in a different version.

A novel study published in the journal Royal Society Open Science claimed that parasites encourage cannibalistic behaviour in some animals.

In the study, the researchers studied the effect of the common parasite Pleistophora mulleri on adult shrimps. The researchers came to know that adult shrimps infected with the parasite were more likely to eat their own kind than uninfected adults were.

As per the researchers, the shrimps can sometimes display cannibalism behavior, but when they are infected then the behaviour increases. The parasite Pleistophora mulleri is quite tiny and rests in the shrimp’s muscles.

European Organization for Nuclear Research’s (CERN) Large Hadron Collider (LHC) is the world's largest and most powerful particle collider. Anything that happens at the LHC plays an important role in the life of manufacturers or citizens in general.

It is well known the particle physics is going affect the lives of every citizen in the 21st century. The LHC is known for the discovery of the God Particle. After World War II, the high-powered accelerators have been used to smash the nucleus and search for new particles. Scientists work led the discovery of a cornucopia of new particles, which further led to the Standard Model, a quantum field theory. Many of the physicists agree with the model, while some of them think it is not a complete description of nature.

Netflix’s ‘Bloodline’, a new series from the makers of ‘Damages’, is a story of buried secrets and ambiguously motivated crime set against the backdrop of a close-knit family that reaches a breaking point after gathering to celebrate a pier being named after the parents.

As per Bloodline’s makers in the series, a prodigal son returns to his family’s resort in the Florida Keys and things go wrong after that.

On one hand ‘Damages’ was intensely serialized within seasons, ‘Bloodline’ on the other very skillfully portrays family tragedy.

Each season of ‘Damages’ was largely a reboot, bringing in a handful of big name supporting actors to play along with Glenn Close and Rose Byrne.