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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

Spithill skippers Oracle to 1st win in America's Cup

DEFENDING champion Oracle Team USA clawed its way back into the America's Cup on Saturday with a much-needed win over Emirates Team New Zealand to reduce its deficit to 1-4 i...

Trump organization ends management of Toronto tower

Trump Hotels and JCF Capital, which has owned the building since late 2016, announced Tuesday that they were ending their contract. The building and another one elsewhere in Van...

Wounded Rep. Steve Scalise out of intensive care

He was near death when he arrived at the hospital and remained in critical condition into this week. Doctors say Congressman Scalise is in fair condition and is in the pro...

Hedge fund star Dan Loeb bets $3.5 billion on Nestle

It said in the letter that it has already had productive conversations with Nestle management. Food companies are under pressure to reduce costs, after Kraft Heinz Co.'s unsucc...

Altice USA Prices Offering at $30 Per Share

The IPO is part of a USA offensive by Drahi and Altice, which operates cable and broadband in 21 U.S. states and competes against American rivals such as Verizon and Comcast....

Biggest US banks clear first hurdle in Fed's annual stress tests

Overall, officials found that in the most severe scenario, companies would have suffered about US$383 billion in losses on loans. Passing the stress test does not necessarily mean ...

Millions of detailed voter records found unprotected on the internet

A California-based cybersecurity firm found a database of almost 200 million American voters - along with their preferences and modeling data - left unsecured on an Amazon c...

Uber board member apologies for remark about talkative women

After fellow board member Arianna Huffington said the presence of a woman on the board was likely to attract other females, Bonderman remarked that it actually meant "more talkin...

Uber Board Said To Be Considering Leave Of Absence For Kalanick

The board met on Sunday to talk about changes regarding the company's management structure. An Uber spokesman had no comment. By taking on entrenched taxi companies and regul...

$3.8 billion Dakota Access oil pipeline begins service

ETP maintains it didn't intentionally do anything wrong in either case. Regulators decided during a Wednesday meeting to hold hearings in either July or August. "This pipeline b...

Special Reports

British PM, rival face angry voters as election nears

British PM, rival face angry voters as election nears

LABOUR will create one million decent jobs and build an economy where the whole country shares its wealth, Jeremy Corbyn pledged yesterday. Corbyn is a far-left politician with pro...

United States unemployment rate dips to 4.3 percent

This also suggests that the jobs market is fairly tight right now and that employers are not feeling pressure to increase either wages or the workweek significantly in order to pre...

All-Star promise: Subban says Preds will win Game 3 vs. Pens

All-Star promise: Subban says Preds will win Game 3 vs. Pens

Through two games in the Stanley Cup Final, Rinne and the Nashville Predators' first trip to the Final, Pekka has been the reason the Predators have lost two straight for the ...

China will stick to Paris climate deal

That's what the top House Democrat is calling President Donald Trump's expected decision to pull the USA from a historic climate agreement. The US administration under Trump ...

Schapelle Corby arrives in Australia after last-minute flight change to avoid media

Schapelle Corby arrives in Australia after last-minute flight change to avoid media

She was taken in a convoy from her Bali villa to the airport, to catch a flight to Brisbane . " Schapelle Corby's name has been famous for 12 or 13 years, she's a brand, ther...