Business

Wells Fargo CEO Faces Calls to Resign on Capitol Hill

Wells Fargo CEO Faces Calls to Resign on Capitol Hill Responding to Warren's criticism, Sloan acknowledged he had made mistakes, but said the bank has made fundamental changes to how it does business since a year ago. An expanded internal review revealed in August that the number of fake accounts opened was around 3.5 million, rather than the 2.1 million that was originally estimated past year . [Full Article...]

Hammerstein Ballroom: Stage Prop Falls, Injures Marilyn Manson In New York City

Hammerstein Ballroom: Stage Prop Falls, Injures Marilyn Manson In New York City According to the magazine, Manson lay on the stage for several minutes, as workers yelled for ice to be brought out. They went on: 'The shows from Boston, October 2 through Houston, October 14 will be rescheduled for a later date. Variety reported that the band was playing a cover of the Eurythmics' " Sweet Dreams (Are Made of This )". After pulling himself back onstage, Manson told the cro... [Full Article...]

GM Promises Two New EVs in 18 Months, Plans All-Electric Future

GM Promises Two New EVs in 18 Months, Plans All-Electric Future This year, GM has sold just under 12,000 Bolts in the U.S. Infrastructure challenges remain, with additional charging stations needed to keep vehicles powered and avoid stranded motorists. Using a hydrogen fuel cell would make the vehicle emissions free. The Bolt EV has been well-reviewed, particularly for its 236 miles of EPA-certified range, though the hatchback body style is not the most popula... [Full Article...]

Monarch Airlines stops trading - latest info and your rights

Monarch Airlines stops trading - latest info and your rights Monarch Airlines confirmed it has ceased trading following failed negotiations with the Civil Aviation Authority (CAA ). If you've booked a holiday with Monarch sometime in the near future, you're in trouble. The airline said companies affected by its failure include Monarch Airlines Ltd, Monarch Holidays Ltd, First Aviation Ltd, Avro Ltd and Somewhere2stay Ltd. [Full Article...]

Italy's Manufacturing Growth Steady At 6-1/2 Year High

Italy's Manufacturing Growth Steady At 6-1/2 Year High The Philippines last month managed to land second place in Southeast Asia behind Vietnam in terms of growth of manufacturing activity, but the improvement was its second weakest since its inclusion in January past year in the survey IHS Markit conducts for Nikkei, Inc. [Full Article...]

Nigel Farage Tells LBC New Leader Henry Bolton Gives Ukip "Hope"

Nigel Farage Tells LBC New Leader Henry Bolton Gives Ukip Based in Folkestone, the former soldier and police officer was considered to be a front-runner in the contest and had seen the odds on him winning fall dramatically in recent weeks. "Brexit is our core task", Bolton announced. "If you look at the things I've done, you'll see a certain degree of endurance there, both physical, emotional and political", he said. [Full Article...]

Trump Meets With Warsh About Top Fed Job

Trump Meets With Warsh About Top Fed Job Under her leadership, the Fed has slowly increased its benchmark interest rate, which was reduced to nearly zero in the wake of the crisis. "In terms of policy, I think it is fair to say that Warsh is less dovish than Yellen", said Stephen Stanley, chief economist at Amherst Pierpont Securities in NY. [Full Article...]

Real Madrid's Gareth Bale has calf strain, but 'nothing important' - Zidane

Real Madrid's Gareth Bale has calf strain, but 'nothing important' - Zidane When asked about whether Cristiano Ronaldo has hinted for a contact renewal or not, the manager said that the Portuguese worldwide is in good shape and is most interested in scoring goals by playing more matches. Oscar Duarte remains out injured with a long-term injury, although Javi Fuego is back from sickness and can feature alongside Sergi Darder in midfield. [Full Article...]

Critics say Trump tax plan could hurt New Yorkers

Critics say Trump tax plan could hurt New Yorkers Yet the proposal, announced on September 27, does none of these things. The GOP tax framework unveiled this week would spread tax cuts across all income groups, with the richest Americans seeing the biggest windfall. There is less public support for raising taxes on higher-income households. Their shareholders, consumers and workers do. "Shareholders and corporate executives do not need ... [Full Article...]

Air France flight to Los Angeles diverted after engine damage

Air France flight to Los Angeles diverted after engine damage Air France has immediately sent personnel from Montreal and NY on site to take care of the passengers. The plane was about an hour off the coast of Canada when the incident occurred, Miguel Amador, a passenger on the flight, said. One passenger tweeted that the engine had "blown apart" over the Atlantic. Air France said in a statement on social media: "AF66 landed safely". An worldwide fligh... [Full Article...]

It's National Coffee Day! Freebies, Deals In Metro Detroit

It's National Coffee Day! Freebies, Deals In Metro Detroit Cinnabon: Get a free 12-ounce coffee all day Friday, September 29th. Several businesses are celebrating by offering free or discounted coffee. Krispy Kreme is turning National Coffee Day into an all-weekend event, with free premium blend coffee available on Friday, Saturday and Sunday. [Full Article...]

Varadkar: Ryanair must respect passengers rights

Varadkar: Ryanair must respect passengers rights He said he welcomes the commitment but is "disappointed" that the carrier has yet to respond to a request made on September 21 for clarification on how Ryanair will help the customers affected by its cancellations. It adds to mounting anger against Ryanair , which already came under heavy fire after cancelling up to 50 flights a day earlier this month. The airline, who has until 5pm today t... [Full Article...]

Worldwide airport chaos as airlines hit by computer systems crash, media reports

Worldwide airport chaos as airlines hit by computer systems crash, media reports IT Pro has contacted Heathrow airport for comment, though Quartz reported its check-in systems were affected "intermittently". "We experienced a network issue that caused disruption to some of our systems", it said in a statement. It said its technical teams identified the cause of the problem and services were gradually being restored. The spokeswoman declined to share further details,... [Full Article...]

Roku Prices Shares at $14, Valuing Company at $1.3 Billion

Roku Prices Shares at $14, Valuing Company at $1.3 Billion Shares opened for trading at $15.78 a piece. Where Google, Amazon , and Apple are blocking rival services and products-Google recently pulled its YouTube video Service from Amazon's Echo Show device, and Netflix was not initially included in one of Apple's TV apps-Roku offers its users a wide range of streaming options. [Full Article...]

Nike, Inc. (NKE) Stake Lifted by Trust Co. of Vermont

Nike, Inc. (NKE) Stake Lifted by Trust Co. of Vermont Trust Investment Advisors now owns 5,265 shares of the footwear maker's stock worth $277,000 after buying an additional 50 shares during the last quarter. This represents a $0.72 annualized dividend and a dividend yield of 1.35%. Instinet maintained Nike Inc (NYSE:NKE) rating on Thursday, March 23. Nike's dividend payout ratio is presently 28.69%. [Full Article...]

Could This Crazy-Sounding Tax Reform Proposal Actually Work?

Could This Crazy-Sounding Tax Reform Proposal Actually Work? Trump is expected to speak about the plan on Wednesday afternoon. If these tax cuts are all part of the GOP plan, some estimates show that it would cost upward of $4 trillion. This includes reducing the amount of a mortgage eligible for a tax break from $1 million to $500,000 - impacting fewer than 6% of mortgages nationally - and converting the deduction into a credit, providing a greater tax b... [Full Article...]

Sonic Discloses That Hackers Breached Customers' Credit Cards

Sonic Discloses That Hackers Breached Customers' Credit Cards USA fast-food chain operator Sonic Corp said on Tuesday it had been notified of unusual activity regarding credit cards used at its drive-in outlets. Sonic has over 3,500 locations in the USA, including 15 in New York, according to NBC New York . Sonic Drive-In is the latest in a slew of USA restaurants and hospitality chains to suffer a major data breach. [Full Article...]

Lucara sells 1111 carat Lesedi La Rona to Graff for $53m

Lucara sells 1111 carat Lesedi La Rona to Graff for $53m Graff Diamonds chairman Laurence Graff said they were thrilled and honoured to become the new custodians of such an incredible diamond. A tennis ball-sized rough diamond , said to be the second largest gem-quality example ever found, fetched almost $66 million (US$53 million) for a Vancouver-based diamond producer on Monday. [Full Article...]

Prices for Iranian crude exceed $53 per barrel

Prices for Iranian crude exceed $53 per barrel And while OPEC and other countries that have cut production will undoubtedly take comfort from Brent near $60 a barrel, they should be wary of taking too much of the credit and certainly can't relax their output restraint. The oil pipeline delivers between 500,000 and 600,000 barrels per day (bpd) to Ceyhan Port in Turkey. However, a private meeting Friday between OPEC and some non-OPEC member... [Full Article...]

Japan's Abe announces snap election amid worries over North Korea crisis

Japan's Abe announces snap election amid worries over North Korea crisis Support for Abe's party has since rebounded, somewhat helped by his Cabinet reshuffle last month and fading scandals during the parliament's recess. While highlighting his government's resolve to protect the people's lives and properties, he said, " North Korea's threats should never influence the election, which is the point of origin for democracy". [Full Article...]


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