Archive | Markets

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Wells Fargo Reportedly Faces Federal Probe Over Sales Tactics

Employees allegedly committed these practices in a bank known for its aggressive sales goals, with every customer of Wells Fargo having, on av...

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Nick Hillary Murder Trial: Defense Calls for Dismissal or Mistrial

Jones, like Hillary, is an ex-boyfriend of Phillip's mother. Another neighbor, Andrew Caranza, also testified on Wednesday. After Wednesday'...

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Yen falls following negative rate report

Delving further into negative interest rates makes the yen unattractive to hold. Elsewhere, the dollar slipped 0.1 percent to 102.345 yen JPY=...

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Donald Trump 47%, Hillary Clinton 44% — CNN Florida poll

Clinton leads Trump in the most recent poll by five points nationally, with 48 percent of those polled saying that she was their gal compared ...

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Monsanto accepts takeover offer from Germany's Bayer AG

The all-cash deal is valued at about US$128 a share, making it the weightiest all-cash buyout in history, beating the US$60 billion deal between...

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Novato's Raptor Pharmaceutical selling to Horizon Pharma for $800M

In addition, the Raptor acquisition is expected to strengthen Horizon's US orphan business, and expand its footprint in Europe and other key wor...

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Trump says Fed keeping rates low because of pressure from Obama

To suggest Yellen is in the bag for his opponent would also fit Trump's argument that a corrupt political establishment is trying to rig the sys...

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As Fed rate hike speculation eases, global stocks recover

That followed a 1.47% S&P 500 gain on Monday, as investors recovered some poise after Fed governor Lael Brainard called for "prudence" at ne...

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LinkedIn founder offers US$5m reward if Trump dare to release taxes

Pete is attempting to raise $25,000 , and if Trump releases his tax forms, he'll donate every penny to non-profits that assist veterans, like T...

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Obama Fumes as Netanyahu Schools Him on Real Peace

Certain proposals, such as the "trading" of Arab populated areas in Israel for some of the settlement blocks in the West Bank, have been describ...

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Wells Fargo cutting sales goal in wake of hefty fine

The bank, which has fired more than 5,3000 employees who were involved in the fraud scheme over the past five years, has said it deeply regret...

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British Airways passengers face chaos due to IT outage

An IT glitch has caused delays for British Airways (BA) passengers at several airports. However, the number of flights that have been affected h...

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Hillary Clinton diagnosed with pneumonia

Less than two months from Election Day, it was an unwanted visual for Clinton as she tries to project the strength and vigor needed for one of t...

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Potash, Agrium to combine, creating huge crop fertilizer

Potash Corporation of Saskatchewan Inc. The combination is expected to generate up to $500 million of annual operating synergies. After the ...

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Syrian opposition hopes Russia-US deal will aid civilians

The Syrian government has told Moscow it is prepared to comply with the deal, and opposition forces have also said they will fulfil the peace pl...

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Volkswagen engineer pleads guilty in United States diesel emissions probe

Clean Air Act . A Germany-based Volkswagen engineer was indicted in Detroit federal court today and pleaded guilty for his role in developin...

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Rahul Gandhi to appear in Bhiwandi court over 'RSS killed Gandhi' remark

Kunte filed the criminal defamation complaint against Rahul Gandhi for blaming RSS, the Bharatiya Janata Party's (BJP) ideological arm, for Maha...

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Tesla to roll out autopilot that relies more heavily on radar sensing

Musk said he had wanted to improve Autopilot's capabilities past year but was told it was impossible to do so without incurring more "false posi...

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Pipeline operator Enbridge to buy Spectra Energy for $28B

Based on the September 2 stock price, Enbridge values its offer at $40.33 US per Spectra share. The combined company will operate under the ...

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Korean shipping and health care

A U.S. Court on Tuesday provided a temporary reprieve, which may help vessels call on ports such as Los Angeles without the fear of being impoun...

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South Korea's Hanjin Shipping seeks court-led restructuring

It last traded 24 percent lower at 1,240 won. South Korea's largest shipper said on Wednesday it would file for court receivership after los...

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First person has been indicted in connection with Volkswagen diesel scandal

The German worked in VW's diesel development department in Germany from 1983 to May 2008, before moving to the US. He could face five years in...

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Wells Fargo fined $185 million for opening bogus accounts

One of America's biggest banks issued an apology along with a $190 million payout over a widespread fraud involving more than 5,000 bonus-chasin...

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Dollar Tree Inc. (DLTR) Stake Raised by Eagle Asset Management Inc

According to analysts minimum EPS for the current quarter is expected at $0.71 and can go high up to $0.84. The company recent traded volume was...

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Apple CEO expects to repatriate billions of dollars to US next year

He rejected the assertion by European competition commissioner, Margrethe Vestager, who conducted a three-year investigation into the iPhone mak...

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