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Wells Fargo unit's leader departs with $125M after bank incurs record fine

Wells Fargo announced Tuesday it would eliminate product sales goals for retail bankers, one of several recent measures it has taken to try and get in front of a gathering public storm over the sales scandal. For decades, big banks sought to put tell...

Horizon breaks with M&A-shy specialty peers to snag Raptor

The overall goal of this transaction is to help Horizon expand their orphan business in Europe and other key global markets. With the purchase, Horizon acquires two orphan drugs; Procysbi , a treatment for nephropathic cystinosis and Quinsair ,...

Passengers Hit by British Airways Glitches and London City Protest

BA later said its systems were back online at bases including Heathrow and Gatwick, although check-in is taking longer than usual due to the backlog of flights. BA passenger Dana Al-Qatami claimed she had been issued with a handwritten boarding pas...

Hillary Clinton diagnosed with Pneumonia, is 'recovering nicely' doctor says

Lisa R. Bardack said in a statement on Sunday. She was reportedly diagnosed with the disease on Friday. Clinton later said she regretted applying that description to "half" of Trump's backers, but stuck by her assertion that the he has given a pla...

VW engineer pleads guilty in USA over diesel pollution scandal

The company addressed the suit: "To date, Volkswagen has agreed to buy back or modify affected 2.0L TDI vehicles, establish a $2.7 bn environmental remediation trust, for which Vermont is eligible to receive $17.8m, and invest $2bn for infrastructu...

Creditors Unanimously Rejected to Aid Hanjin Shipping

Shares in Hanjin Shipping have been suspended after plunging 24 per cent on Tuesday. Shares of Korean Air, the shipping company's largest shareholder, however, rose 6.87 percent to 31,100 won while Hanjin Kal rose 5.85 percent to 19,000 won compare...

Steps customers can take after Wells Fargo fallout

The bank opened more than 2 million deposit and credit card accounts that may not have been authorized, the CFPB said Thursday. The Consumer Financial Protection Bureau says since 2011, some Wells Fargo employees were secretly moving money arou...

Tim Cook: €13bn tax arrears 'political crap'

He goes on to say that Apple was not only the biggest corporate taxpayer in Ireland in 2014, but that it paid out $400m, "and that amount of money was based on the statutory Irish income tax rate of 12.5 percent". Vestager responded that "the figur...

PayPal, Mastercard Reach Deal on Store Payments

The agreement marks a step further in the tug-of-war between card issuers and online payment companies as they grapple with consumers' demands for instant forms of payment. There is also fierce competition from tech firms such as Apple Inc., and youn...

General Electric Buys Shelton-Based Company

He added, "3-D printing or additive manufacturing will drive new levels of productivity for GE including a wide array of additive manufacturing customers, and for the industrial world". Arcam , founded in 1996 and based in Sweden near the city of Got...

Oil prices rebound from sharp losses

NEW CRUDE GRADE ALMOST READY Separately, Iran could receive a major boost to oil production as it prepares to export a new crude oil grade, known as West Karoun. "Surely Iran at some point reached production capacity of slightly more than 4 million b...

Friday 10 pm Weather Forecast

Tropical Storm force winds can range from 39 miles per hour to 57 miles per hour. The National Weather Service is calling for a mostly cloudy Saturday , with slight chance of showers. Mostly sunny and warm, comfortable conditions are expected t...

Faced with crunch, Tesla plans to raise additional cash this year

Autopilot, as of 31 August, uses a combination of cameras, radar, ultrasonic sensors, and data to automatically steer down the highway, change lanes, and adjust speed in response to traffic, according to Tesla . American automotive and energy Storag...

Allardyce makes three changes in first England lineup

The former Sunderland boss has handed West Ham midfielder Michail Antonio a first worldwide call-up, but has stuck with Wayne Rooney as captain - who has said the 2018 World Cup in Russian Federation will be his last global tournament. In my opinion ...

Olympic gold for Yogeshwar Dutt? Maybe not

With both the gold and silver medallists in 60kg category testing positive for banned substance, Yogeshwar Dutt might be an Olympic gold medal victor! However, the United World Wrestling has not confirmed Toghrul Asgarov failing a dope test.

US hiring slows to 151K jobs in August; Fed hike less likely

The U.S. economy added 151,000 jobs in August, less than many economists projected, and the unemployment rate did not move, staying at a historically low 4.9 percent for the third month. Like summer turning to fall, the hot U.S. jobs market is coolin...

HHS ACT scores outpace state, nation

Of the students who took the ACT, 92 percent met the benchmark. Compared to the 387 Georgia high schools with ACT scores, some testing fewer than 100 students, McIntosh was 10th in the state, Starr's Mill was 11th in the state, Whitewater was 38th ...

Irish government to appeal against EC's Apple tax ruling

Some Irish voters are confused as to why their government would reject such an obvious tax windfall. Noonan said the retroactive nature of the European Union ruling was "little short of weird and outrageous". Apple CEO Tim Cook says last week's ru...

M20 closed after lorry crash causes footbridge collapse

Highways England is advising motorists caught up in the traffic chaos to stay with their vehicles as they will be allowed to u-turn shortly. A male motorcyclist aged in his 50s was taken to hospital in Tunbridge Wells with suspected broken ribs fol...

Joe Biden to rally for Hillary Clinton in OH today

Biden has spoken openly of his son's death as well as the time he spent in Iraq and has referred to war veterans as "the heart, soul and spine" of the nation. He also told OH voters in many stops throughout the day that Donald Trump just wasn't quali...

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Breaking News

"One Is To One": Mamata Banerjee's Template For 2019 General Elections

By the time she ended her rounds for the day, the Trinamool Congress chief said the Mayawati-Akhilesh Yadav format could be replicated in many other states. "Delhi is a part of Ind...

Jaguar and Waymo announce self driving auto deal and driverless I-Pace

Companies planning to launch driverless car services generally supplement existing hardware on vehicles supplied by auto makers with their own self-driving technology. Waymo CEO ...

Nearly 100 jobs to go in Toys R Us distribution hub closure

Retail Group, and Party City Holdco Inc., which often open pop-up stores around the Halloween season and fill their stores with Halloween gear, toys and props. "I am very disappoin...

Powell marks start of Fed tenure with rate rise

There were no dissents to the vote to raise rates. Americans with credit card debt are especially vulnerable to rising interest rates. The central bank continues to project three r...

Amazon to buy Toys R Us?

Shoppers visiting the soon-to-close Toys R Us store in Johnson City may have been surprised to see signs indicating the business was hiring. In February began going-out-of-business...

Dog bound for Kansas ends up in Japan

The Kansas breeder said her French bulldog Tilley will get some extra hugs tonight. A flight attendant, anxious that the carrier did not fit under the seat, instructed the owners ...

Trump 'On the Same Wavelength' as Mike Pompeo on North Korea

Tillerson had visited Nigeria on the last leg of his official visits to Africa, and met President Muhammadu Buhari, during which they discussed issues of mutual interest to both c...

Fake news travels six times faster than the truth on Twitter

The final statistics show that it took "the truth about six times as long as falsehood to reach 1500 people and 20 times as long as falsehood" to "cascade", or spread new inf...

Goldman CEO Blankfein to step down as soon as year-end

Lloyd Blankfein could step down as Goldman Sachs Group Inc (GS.N) chief executive as soon as the end of the year, the Wall Street Journal reported on Friday, swiveling the focu...

Allscripts Launches EHR-Integrated Lyft Transportation Service

The ride cost for the patients will be covered by the health care providers. With it, businesses can schedule rides for individuals. In the previous year alone, 3.6 million peop...

Special Reports

United tried to replace bonuses with a $100000 lottery

United tried to replace bonuses with a $100000 lottery

United Airlines appears to have had a change of heart about its decision to replace quarterly employee bonuses with a lottery system . A new staff bonus reward program implemen...

Amazon Could Soon Offer Checking Accounts

Amazon Could Soon Offer Checking Accounts

That JPMorgan Chase & Co.is seemingly among the first banks Amazon has approached about the project is most likely no coincidence. Sie Soheili, a spokesman for Capital One, and...

U.S. security concerns delay Qualcomm vote on $142bn Broadcom sale

U.S. security concerns delay Qualcomm vote on $142bn Broadcom sale

CFIUS asked Qualcomm to delay the Broadcom takeover vote which was supposed to happen on Tuesday. Qualcomm's shares fell 4 percent in trading before the bell. "It is critic...

Gold plunges Rs 460 on weak global cues, fall in demand

Gold plunges Rs 460 on weak global cues, fall in demand

The S&P 500 lost 36.16 points, or 1.33 percent, to 2,677.67 and the Nasdaq Composite dropped 92.45 points, or 1.27 percent, to 7,180.56. But stocks mounted a huge rebound, clawing ...

Crude export disruptions from key terminal after Libyan oil field production halt

Crude export disruptions from key terminal after Libyan oil field production halt

Brent crude rose 20 cents to $67.51 per barrel and US West Texas Intermediate futures had climbed 41 cents as of 11:35 a.m. EST, with both contracts reaching their highest increa...