BBC News Trump's fortune drops $800m in one yearBBC News"Part of the beauty of me is that I'm very rich," Donald Trump once said, but according to Forbes magazine he's much less rich than a year ago. The business magazine has reappraised the Republican White House hopeful's personal wealth and found it has …Forbes Pegs Trump's […]
Bloomberg Stumpf's Pay Cut Eclipsed by Fury as Yellen, State Join InBloombergWells Fargo & Co. Chief Executive Officer John Stumpf gave up $41 million to buy a reprieve from the bank's widening scandal. Then it got worse. The company was battered anew by regulators and politicians throughout Wednesday, less than 24 hours after …California Suspends Ties […]
Bloomberg Takata's Tricky Protection RacketBloombergDavid Fickling is a Bloomberg Gadfly columnist covering commodities, as well as industrial and consumer companies. He has been a reporter for Bloomberg News, Dow Jones, the Wall Street Journal, the Financial Times and the Guardian.Takata in Talks to Resolve Allegations of Criminal Wrongdoing Over Faulty Air BagsWall Street JournalTakata Takeover […]
Channel NewsAsia CBS-Viacom merger may be closer to reality, thanks to Redstones and National AmusementsLos Angeles TimesThe oft-foretold reunification of CBS Corp. and Viacom Inc. may be moving closer to reality. National Amusements Inc., the theater chain operator and investment vehicle of media mogul Sumner Redstone, is poised to call on the two companies to […]
Reuters Asia stocks, Mexico peso bounce as markets score one for ClintonReutersA picture illustration shows Mexican pesos and U.S. dollars banknotes in Mexico City July 6, 2015. REUTERS/Edgard Garrido. 2/2. left. right. Men are refelcted in a screen displaying market indices outside a brokerage in Tokyo, Japan April 19, 2016.Asia Markets Tilt Toward Perceived Clinton […]
CNBC China August industrial profits rise nearly 20%, fastest in 3 yearsCNBCWorkers operate on the assembly line at an automobile factory in Liuzhou, Guangxi Province, China. Profits earned by China's industrial firms in August grew at the fastest pace in three years helped by rising sales, higher prices and lower costs …China Industrial Profits Jump […]
Los Angeles Times Disney's rumored Twitter bid raises doubtsLos Angeles TimesOne is an entertainment giant famous for exacting tight control over its content. The other is a tech firm whose commitment to free speech has earned it a reputation as a hub for news and a haven for online harassment. Together, they make for a […]
Telegraph.co.uk Drugmaker Pfizer decides not to break up businessThe Boston GlobeNEW YORK — Drug giant Pfizer says it won't split into two publicly traded companies, despite pressure from investors frustrated by its lagging stock price, ending years of Wall Street speculation over its strategy and future. The biggest US-based drug …Pfizer Has Abandoned Its Plan […]
New York Times Technology|US Accuses Tech Firm of Bias Against Asian Software EngineersNew York TimesPalantir offices in Palo Alto, Calif. The Labor Department sued the tech company on Monday, claiming that it discriminated against Asians. Credit Peter DaSilva for The New York Times. SAN FRANCISCO — The United States Department of Labor sued …Palantir charged with […]
New York Times Wells Fargo Workers Claim Retaliation for Playing by the RulesNew York TimesDennis Russell said he was fired from Wells Fargo because he resisted the pressure to create unauthorized customer accounts to meet sales goals. Credit Stuart Palley for The New York Times. At least 5,300 Wells Fargo employees have been fired for […]