Author Archive
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The SEC Is Investigating Exxon Over Asset Valuations – Fortune
FortuneThe SEC Is Investigating Exxon Over Asset ValuationsFortuneThe U.S. Securities and Exchange Commission is investigating how ExxonMobil has valued its oil reserves in the wake of low prices and potential curbs on carbon emissions, the company said, confirming an earlier report. Wall Street Journal, which first ...SEC Is Latest to Look Into Exxon Mobil's WorkingsNew York Times
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Peppered with questions, Wells Fargo CEO seemed taken aback – Washington Post
Washington PostPeppered with questions, Wells Fargo CEO seemed taken abackWashington PostWASHINGTON — Facing bipartisan outrage from a Senate panel over accusations of employee misconduct, Well Fargo CEO John Stumpf appeared taken aback by the intensity of the verbal lashing. At a few points, he seemed flustered and stumbled a bit ...Senators push Wells Fargo CEO on pay ...
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Fed expected to keep rates unchanged, may signal year-end hike – Reuters
ReutersFed expected to keep rates unchanged, may signal year-end hikeReutersA security guard walks in front of an image of the Federal Reserve following the two-day Federal Open Market Committee (FOMC) policy meeting in Washington, DC, U.S. on March 16, 2016. REUTERS/Kevin Lamarque/File Photo. By Lindsay Dunsmuir | ...Yellen wants to get back in the rate hiking gameCNBC
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Yen Drops the Most This Month After BOJ Shifts Policy Framework – Bloomberg
BloombergYen Drops the Most This Month After BOJ Shifts Policy FrameworkBloombergThe yen fell the most against the dollar this month after the Bank of Japan shifted the focus of its monetary policy from expanding money supply to controlling yield curves. The Japanese currency fell 0.8 percent to 102.54 versus the greenback as of 6 ...Instant View: ...
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World’s Biggest IPO This Year Gets Help from Beijing – New York Times
New York TimesWorld's Biggest IPO This Year Gets Help from BeijingNew York TimesA man leaving a Postal Savings Bank of China branch in Beijing. The bank's initial public offering is highlighting the practice of cornerstone investing, where big investors are invited to buy up shares ahead of a company going public. Credit Kim Kyung ...China's PSBC ...
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Big Pharma, Biotech Attack NASH Liver Illness From All Sides – Bloomberg
Yahoo SportsBig Pharma, Biotech Attack NASH Liver Illness From All SidesBloombergIt's been called a “silent epidemic” that's slowly wasting away the livers of millions of Americans while doctors have a paltry understanding of the disease and no approved treatments. Non-alcoholic steatohepatitis, or NASH, is now in the sights of ...Allergan Acquires Akarna Therapeutics Adding to its ...
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Pharma CEO’s mom helped boost EpiPen sales with education group – New York Daily News
New York Daily NewsPharma CEO's mom helped boost EpiPen sales with education groupNew York Daily NewsA giant drug company under fire over the price of EpiPens received a sales boost with the help of an education group led by the CEO's mother, a report revealed Tuesday. The price of the lifesaving Mylan product for severe allergic reactions ...
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This is how Oracle lured top-flight programmers away from Amazon and Microsoft to build its next big thing – Business Insider
Business InsiderThis is how Oracle lured top-flight programmers away from Amazon and Microsoft to build its next big thingBusiness InsiderFor the last two years, Oracle has quietly (and not so quietly) been snapping up programming talent from Microsoft, Amazon, and startups as it worked to build out a new cloud computing service that can take on the ...
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Microsoft Plans $40 Billion Stock Buyback and Raises Dividend – Wall Street Journal
Wall Street JournalMicrosoft Plans $40 Billion Stock Buyback and Raises DividendWall Street JournalMicrosoft Corp. MSFT -0.21 % announced plans to buy back up to $40 billion in stock and boost its dividend by 8%, the latest in a series of moves by the software giant to share a steady flood of cash with shareholders. The latest repurchase ...
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Trump used $258000 from his charity to settle legal problems – Washington Post
Washington PostTrump used $258000 from his charity to settle legal problemsWashington PostDonald Trump spent more than a quarter-million dollars from his charitable foundation to settle lawsuits that involved the billionaire's for-profit businesses, according to interviews and a review of legal documents. Those cases, which together used ...Trump aide dismisses concerns over report he used family charity ...