A Charleston-based start-up has launched a “bucket list” social networking website. Bucquistador allows users to create lists of goals, connect them with other people and events and raise money for those goals through crowdfunding.
While other services offer goal-tracking, event management and crowdfunding, Bucquistador, a blend of “bucket” and “conquistador,” says it’s the first to bring it all together. TJ Schallot is the founder.
While the service is free to join, the company will charge 4 percent on all funds raised and feature “targeted advertising” intended to help users to achieve their goals.
NEW YORK — The founder of an online currency transfer business was indicted in the U.S. along with six other people in a $6 billion money-laundering scheme described as “staggering” in its scope, authorities said Tuesday.
Arthur Budovsky is the founder of Liberty Reserve, a Costa Rica-based website favored by cybercrime scammers. He was arrested in Spain on Friday. A defendant identified as his partner, Vladimir Kats, was in custody in New York.
Authorities said the network processed at least 55 million illegal transactions worldwide for 1 million users, including 200,000 in the U.S.
NEW YORK — Kellogg Co. has agreed to pay $4 million to settle a class-action lawsuit over the marketing claims it made for Frosted Mini-Wheats.
The company, which makes other cereal brands, was sued for saying the product improved children’s attentiveness, memory and other cognitive functions.
If approved, the settlement will result in cash refunds for up to three boxes of cereal purchased during the time of the advertising in question. People may seek reimbursement of up to $5 a box, with a maximum of $15 per customer.
Kellogg said customers can go to cerealsettlement.com to submit a claim for a refund.
NEW YORK — British drugmaker AstraZeneca plans to spend about $260 million on Omthera Pharmaceuticals, a specialty drug developer with only 14 employees but with a potential treatment for patients with high levels of fats called triglycerides in their blood.
Omthera has completed late-stage testing on Epanova, a fish oil-based treatment.
NEW YORK — Moody’s Investors Service has raised its outlook for the U.S. banking industry for the first time in five years, citing the improving economy and banks’ stronger balance sheets.
The agency said in a report Tuesday that sustained economic growth and a better jobs picture will help banks over the next 18 months. It raised its outlook to “Stable” from “Negative.”
Staff and wire reports