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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

Russell Westbrook's mega-contract could impact his decision on future — Paul George

Twitter dwellers noticed and celebrated an interesting coincidence - that the Westbrook-Thunder deal was finalized on Durant's 29th birthday. Oklahoma City Thunder star Paul G...

Senior Audi engineer is arrested over diesel scandal

Since admitting to installing emissions-cheating software in 11 million diesel cars across the world, Europe's largest carmaker has been in talks with customers and governments ove...

Uber Rival Lyft Has Been Cosying up With London Transport Officials

The Sun newspaper reported past year that 32 sexual assault claims were made against Uber drivers in 2015/16, more than a fifth of all claims against taxi drivers filed to Brit...

Uber will No Longer be Allowed to Operate in London

While we haven't been asked to make any changes, we'd like to know what we can do. The ban will add to the cost of living in what is already the UK's most expensive city Speaking...

Tesla working with AMD to develop chip for self-driving car

GlobalFoundries, which fabricates chips, has a wafer supply agreement in place with AMD . Tesla is reportedly working on a chip to handle all the tasks needed to power the f...

Italian antitrust authority to investigate Ryanair over mass cancellations

He again apologised for the disruption, which he said was down to mismanagement of the pilots' rostering system. O'Leary told Ryanair's Annual General Meeting that it did not...

Flipkart Big Billion Days 2017 - All Offers & Latest Deals

Moreover, Front load washing machine from IFB is also available under Rs 20,000. Without any offer, the Honor 6X (Review) will be available at Rs. 11,999 and Rs. Another Micromax...

Toys R Us files for bankruptcy in the USA and Canada

The Canadian retailer said it's opening its 56th store in Orleans, Ont. Tuesday and plans to have locations open later this year in Sudbury, Ont., Langford, B.C., Fredericton, and ...

Millions of users infected after hackers hide backdoor in CCleaner

In a blog post , the company's VP of Products Paul Yung said that another one of it software products, CCleaner Cloud (version 1.07.3191), has also been affected. Hackers broke in...

Thousands of air passengers stranded in New Zealand after fuel pipeline bursts

Flights have been affected, with airlines told to fill plane tanks to capacity at other airports before flying to Auckland , and long-haul global flights told to plan for re-fuel...

Special Reports

Leishman backs up good start with a low score at BMW

Leishman backs up good start with a low score at BMW

Fowler got off on the right foot by sinking a 25-foot eagle putt on the opening hole, but mustered just one birdie the rest of the day. Jason Day holes out as he takes the lead...

FTC is investigating the Equifax breach

FTC is investigating the Equifax breach

The FTC said it's investigating Equifax's breach on Thursday. Equifax may not be the largest data breach ever in terms of the number of people affected, but it may be more sign...

Air Berlin cancels 100 flights after 200 pilots call in sick

Air Berlin cancels 100 flights after 200 pilots call in sick

Lufthansa's low cost subsidiary, Eurowings , which is renting aircraft and pilots from Air Berlin , also had to cancel flights. Passengers booked to travel on the cancelled se...

Tesla Extends EV Range For Hurricane Irma Evacuees

Tesla Extends EV Range For Hurricane Irma Evacuees

If 60kWh buyers found they needed more range and wanted to upgrade later, they could... or if Tesla wanted to suddenly bestow owners with some extra range in case of an emergency...

Equifax changes fine print for TrustedID Premier free credit monitoring

Equifax changes fine print for TrustedID Premier free credit monitoring

That detail, which has gotten a little overblown in its rounds on social media, has inspired nearly as much anger as the hack itself. "You need to take more action", one consume...