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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

U.S. economic growth hits 3% rate in second quarter

Quarterly growth, however, can vary widely from the annual average; GDP growth exceeded 3 percent in five quarters since mid-2013, but the overall growth rate each year was ultimat...

LEADING OFF: Astros play 'home' game, KC nears futility mark

Despite a published report that indicated a decision on the Mets series was final, Ryan stopped short of announcing the Astros' plans past the Rangers series. "We had agreed ...

Jailing of Samsung heir raises questions over company's outlook

This week, Samsung's billionaire heir-apparent Lee Jae-yong sentenced to five years in prison for bribery. In return, they were promised of government support in the merger of ...

Trump comments on NAFTA talks put some Arizona businesses on edge

Donald Trump has threatened to cancel NAFTA less than one week into the renegotiation of the trade agreement, providing an early indication that the upcoming talks might occur un...

LeBron James and Dwyane Wade could reunite with Cavaliers

Earlier in the offseason, Wade opted in to the final year of his contract with the Bulls and is set to collect almost $24 million. Friedell says those players didn't appreciate ...

Total to Buy Maersk's Oil and Gas Business for $4.95 Billion

The Maersk assets will boost the French giant's business in the North Sea, adding to deals earlier this year that expanded its presence in Uganda and Brazil . In addition, the...

Watch Secret Superstar first song Main Kaun Hoon

Main Kaun Hoon is her first song, which garners her much appreciation for her voice. The song was launched in the presence of Aamir Khan along with director Advait Chandan and...

Flag mistake: Foreign Ministry extends apology to Indonesian government, people

President Joko "Jokowi" Widodo also called for an apology but cautioned against exaggerating the incident. Indonesia's flag has a red stripe above a white stripe, but it was pr...

Sensex gains 70 points, Nifty regains 9900 mark

Other gainers were Reliance Industries at Rs 1,589.90 per piece up 1.46%, followed by Tata Steel at Rs 635.10 (0.85%), Bharti Airtel at Rs 409.70 per piece (0.75%), Dr Reddy'...

US July retail sales volumes jump past forecasts

Internet-driven purchases probably received a boost from the spike in online shopping tied to Amazon.com's Prime Day event. Wall Street shares ended Tuesday little changed, but t...

Special Reports

Target takes steps to compete more seriously with Amazon

Target takes steps to compete more seriously with Amazon

In a blog post on Target's corporate website, Valdez said Grand Junction will help Target offer product assembly, installation and other services. Rob: Our team is excited abou...

Toyota, Mazda Corp. to Establish $1.6-Bln Joint Venture in US

Toyota, Mazda Corp. to Establish $1.6-Bln Joint Venture in US

Toyota and Mazda will invest $1.6 billion to produce crossover models and Toyota's Corolla sedan in the United States starting 2021. On Friday (4 August), the Japanese auto...

Teenager jumps out of plane's emergency exit as it lands

Teenager jumps out of plane's emergency exit as it lands

The teen, a USA citizen, was accosted by a construction crew working nearby on the airfield. He was also reportedly taken to a hospital for a psychiatric evaluation. Airport spoke...

Sprint Surprises with Profit, Says a Deal May Be Coming Soon

Sprint Surprises with Profit, Says a Deal May Be Coming Soon

Therefore, the firm believes, irrespective of the potential M&A target, be it Charter, T-Mobile US Inc (NASDAQ: TMUS ), DISH Network Corp (NASDAQ: DISH) or someone else, there...

HSBC in €255m plan to move 1000 jobs to Paris after Brexit

HSBC in €255m plan to move 1000 jobs to Paris after Brexit

It also announced a share buyback program of up to $2 billion, which is expected to be completed this year. "We have made an excellent start to 2017", Chief Executive Stuart G...