Finance

Wells Fargo Board faults aggressive culture in sales scandal

Wells Fargo Board faults aggressive culture in sales scandal

Wells Fargo & Co had a return on equity of 12.60% and a net margin of 23.30%. After the scandal came out, the company's now-former CEO even announced his sudden plan for retirement, saying "My imme...

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Bears officially waive Tracy Porter

Bears officially waive Tracy Porter

Cutting Porter will save the Bears $3,600,000 in cap space, with $600,000 counting towards dead money. The Bears have parted ways with a veteran member of their secondary. 107 out of 111 qualifying ...

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Oil spikes as US strikes Syria

Iran sits behind Saudi Arabia and Iraq as the third-biggest OPEC producer. Vladimir Putin of Russia regarded the airstrike as an act of agreession, which is considered to have strained US-Russia rel...

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Twitter pushes back against USA government data demand

Wilmer Cutler Pickering Hale and Dorr represented Twitter in the federal suit, filed in the Northern District of California, according to the Recorder . "On its face, CBP's request for information ...

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Sacked SA finance minister rubbishes conspiracy allegations against him

Sacked SA finance minister rubbishes conspiracy allegations against him

The Anglican Archbishop of Cape Town, Thabo Makgoba, has said the cabinet sackings "constitute an assault on the poor of South Africa". The union federation is calling on Zuma to resign with immed...

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Trump, Xi agree to 'peaceful' resolution of NoKo nuclear threat

Military equipment of the Thaad arrived in Seoul on 6 March - the same day the hermit state fired off four ballistic missiles. Trump showed support for South Korea's policy toward North Korea, addin...

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'It's my country, I will go no matter what'

Blackhawks defenseman Duncan Keith did not say what his decision would be if the NHL's stance did not change. "Because it's my country", Ovechkin added. "It's a great experience to have them at th...

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United Kingdom central bank drawn into market manipulation scandal

United Kingdom central bank drawn into market manipulation scandal

BoE says Libor was not regulated in the United Kingdom at the time. The rate was rigged by traders from numerous banks, who agreed amongst themselves to submit rates that were either higher or lower...

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Toshiba nuclear company files for bankruptcy

In 2005, the USA government gave nuclear developers a package of tax credits, loan guarantees and cost-overrun backstops. According to a statement from Westinghouse , the strategic reshuffling will...

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US jobs report: A tale of 2 surveys, at a glance

Retailers are cutting jobs because the future looks bleak; they're consolidating in order to survive. In the first 3 months of this year, healthcare added an average of 20,000 jobs per month, compar...

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Pepsi Pulls Latest Ad & Apologises To Kendall Jenner Following Public Backlash

Pepsi Pulls Latest Ad & Apologises To Kendall Jenner Following Public Backlash

New York Times reported Elle Hearns, the executive director of the Marsha P. Johnson Institute and formerly an organizer for Black Lives Matter, said the ad "plays down the sacrifices people have hist...

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Private equity stake sale values Brewdog at £1 billion

Private equity stake sale values Brewdog at £1 billion

Founders James Watt and Martin Dickie had previously said they would never sell to a multinational beer maker, but Mr Watt told the BBC selling a minority stake to the USA firm would "give us the fi...

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United Airlines Drags Passenger From Plane At O'Hare Airport

United said in a statement provided to some media outlets that the flight was overbooked . Two uniformed men then reach into the doctor's seat and yank him from his chair. A young couple was ...

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Beijing drops cordiality to denounce President after Xi flies home

In their 20-minute conversation, Trump said he emphasized the importance of the Seoul-Washington alliance and spent a lot of time during the summit discussing the Korean Peninsula. In February, th...

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Dotdigital Group plc's (DOTD) Corporate Rating Reaffirmed at N+1 Singer

Deutsche Bank AG reaffirmed their buy rating on shares of Ladbrokes Coral Group PLC (LON:LAD) in a research report report published on Thursday morning, StockTargetPrices.com reports. The ex-dividend ...

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Gold leaps to 5-month high after USA strike on Syria

Gold leaps to 5-month high after USA strike on Syria

It was trading up 0.5% ahead of the announcement, and is now down 1.5% at $18 an ounce. Spot gold rose 1.03 percent to $1,264.64 per ounce in the early trading. "Gold has broken the 200-day moving a...

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European Union sets out 'phased' Brexit strategy

European Union sets out 'phased' Brexit strategy

These include the timeframe for wrapping up the EU-U.K. talks, which remains unclear but has been an early sticking point ahead of negotiations. But Tusk, who has sent the draft negotiating guidelin...

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Tillerson, Russia's foreign minister discuss Syria strike

In the letter, dated Saturday, Trump said he "acted in the vital national security and foreign policy interests of the United States , pursuant to my constitutional authority to conduct foreign rel...

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Trump Senior Adviser Kushner Travels to Iraq

Bossert, a presidential assistant for homeland security and counterterrorism, was announced by Capt. Greg Hicks, a spokesman for Dunford. Taking this fact into account, Mr Kushner has been given a wid...

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London attacker's wife 'shocked and saddened' by husband's crime

London attacker's wife 'shocked and saddened' by husband's crime

He then fatally stabbed police officer Keith Palmer while trying to enter Parliament before being shot dead by another officer. "The injuries ranged from cuts and bruises to extensive bone and skull...

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China offers $73k on Tip-offs on Foreign Agents

The top reward for whistle-blowers ranges from 100,000 yuan to 500,000 yuan, depending how important the intelligence is, according to the article. China is offering cash rewards of up to United Sta...

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Head of China's insurance regulator under investigations

Head of China's insurance regulator under investigations

The country's insurance industry expanded rapidly under Xiang, who joined the regulatory commission as chairman in 2011. Corporate raiders jumped into the fold and regulators tightened the reins, bu...

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Tesla overtakes General Motors in market value

Tesla overtakes General Motors in market value

The company has a 50-day moving average of $263.85 and a 200-day moving average of $225.94. Tesla has a one year low of $178.19 and a one year high of $304.88. boosted its stake in Tesla by 1.4% i...

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Hamilton strikes back in ultimate battle of wills with Vettel

Hamilton strikes back in ultimate battle of wills with Vettel

Max Verstappen, who started 16th, finished a surprise third to hand his Red Bull team their 100th podium. With Kimi Raikkonen and Valtteri Bottas both struggling to emulate their teammates, it now...

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From Britain, first China-bound freight train sets off with exports

From Britain, first China-bound freight train sets off with exports

The first freight train from China arrived in Britain in January. The cargo train with 30 containers will lug British goods, which would include among other things whiskey, soft drinks, vitamins and p...

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Mcebisi Jonas has resigned as an ANC member of parliament

Mcebisi Jonas has resigned as an ANC member of parliament

The rating agency Standard and Poor's downgraded South Africa's sovereign credit rating to junk status. "We should not allow inflammatory rhetoric from certain elements, including on social media, to ...

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Powerful cyclone slams into Australia's tropical north east

Premier Annastacia Palaszczuk says there have been few reports of injuries so far, but warns many of those who bore the brunt of Debbie's category four fury can't are still without ways to call for he...

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Gov. Christie halts Amtrak payments, calls for inspection

Gov. Christie halts Amtrak payments, calls for inspection

New Jersey Transit commuters rush to catch a train heading for Gladstone, N.J., Wednesday, April 5, 2017, in Hoboken, N.J. The heads of the two major commuter rail lines that use New York's Penn Stati...

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Liverpool to play Sydney FC in May

Liverpool to play Sydney FC in May

The post-season friendly at ANZ Stadium on May 24 will take place a week before the Reds' 125th anniversary on June 3. "It will be another proud moment in our history where we represent Sydney and...

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AT&T to buy Straight Path Communications for $1.25 billion

AT&T to buy Straight Path Communications for $1.25 billion

Straight Path became an independent public company back in 2013, with an initial price per share of $6.40. The deal with AT&T is supported by Straight Path's majority shareholder, Howard Jonas,...

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US job growth slows according to March job report

US job growth slows according to March job report

The number of unemployed people fell by 326,000. The number of part-time workers who would prefer full-time jobs declined. And the broader U-6 ( unemployment and underemployment) dropped to its low...

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Senate hearing probes Russian election meddling; Putin rejects accusations

Senate hearing probes Russian election meddling; Putin rejects accusations

US intelligence agencies concluded in January that Putin had ordered a hacking campaign that saw sensitive emails from Democratic leaders released ahead of the November election to help Trump defeat h...

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US threatens more pressure on Syria after missile strikes

The rhetoric ramped up when a joint command centre made up of the forces of Russia, Iran and militias supporting Assad said the U.S. strike on a Syrian air base on Friday crossed "red lines" and it wo...

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Swift Merges with Knight Transportation to Create Company Valued at $6B

The combined entity will be called Knight-Swift Transportation Holdings Inc. The deal would combine two of the largest players in trucking in a business valued at over United States $5 billion. Both...

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Le Pen says France not responsible for WWII roundup of Jews

Ms Le Pen had acknowledged the support of Flosse's Tahoeraa Huiraatira party, saying Flosse was the spokesperson for a majority of French Polynesians. But there has been a recent surge by the Communis...

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