Washington Post

Peppered with questions, Wells Fargo CEO seemed taken aback
Washington Post
WASHINGTON — 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 clawbacks after bogus accountsReuters
Stumpf's Bad Day in Senate Ends With Wells Fargo Up $2.8 BillionBloomberg
'You Should Resign': Watch Sen. Elizabeth Warren Grill Wells Fargo CEO John StumpfNPR
Wall Street Journal –Business Insider –USA TODAY –Los Angeles Times
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Reuters

Fed expected to keep rates unchanged, may signal year-end hike
Reuters
A 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
3 things to watch for from the Federal Reserve on WednesdayFox Business
Asian markets mixed as investors await BOJ decisionMarketWatch
Nasdaq –Yahoo News –The Detroit News –The Boston Globe
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Bloomberg

Yen Drops the Most This Month After BOJ Shifts Policy Framework
Bloomberg
The 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: BOJ overhauls policy, sets yield curve targetReuters
Bank of Japan sets long-term rate target in major policy overhaulCNBC
Bank of Japan Introduces Rate Target for 10-Year Government BondsWall Street Journal
U.S. News & World Report –New York Times –DailyFX –Nasdaq
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New York Times

World's Biggest IPO This Year Gets Help from Beijing
New York Times
A 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 raises $7.4 billion in Hong Kong IPO: reportsYahoo News
China's Postal Bank Said Poised to Raise $7.4 Billion in IPOBloomberg
Postal Savings Bank of China Raises More Than $7 Billion in IPOWall Street Journal
South China Morning Post –Dallas Morning News –THE BUSINESS TIMES
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Yahoo Sports

Big Pharma, Biotech Attack NASH Liver Illness From All Sides
Bloomberg
It'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 Strong Development Program and Commitment to Innovation in …PR Newswire (press release)
Why Allergan Is Willing to Pay So Much Money for This BiotechFortune
Allergan to Buy Tobira Therapeutics in $1.7 Billion DealWall Street Journal
MarketWatch –CNBC –Reuters –StreetInsider.com
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New York Daily News

Pharma CEO's mom helped boost EpiPen sales with education group
New York Daily News
A 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 jumped by
CEO says Mylan isn't getting rich off EpiPenCNNMoney
Senate Republicans Seek Probe of Mylan's EpiPen OversightNBCNews.com
EpiPen price hike siphoned millions from government: reportWashington Times
New York Times –The Hill –WLS-TV –New York Post
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Business Insider

This is how Oracle lured top-flight programmers away from Amazon and Microsoft to build its next big thing
Business Insider
For 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 $10 billion Amazon Web Services …
Oracle's Ellison rips Amazon Web Services on performance, price and opennessGeekWire
Oracle's Larry Ellison has a new target: AmazonMarketWatch
Larry Ellison says Amazon is '20 years behind' OracleCIO
ZDNet –eWeek –SiliconANGLE (blog) –PR Newswire (press release)
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Wall Street Journal

Microsoft Plans $40 Billion Stock Buyback and Raises Dividend
Wall Street Journal
Microsoft 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 target is
Microsoft Plans Another $40 Billion Buyback, Boosts DividendBloomberg
Microsoft launches $40bn share buybackBBC News
Microsoft is planning to buy back almost 10% of itselfBusiness Insider
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Washington Post

Trump used $258000 from his charity to settle legal problems
Washington Post
Donald 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 to settle lawsuits against his businessesCNN
Scrutiny of Trump Foundation deepensThe Hill
Trump refused to pay winner of 2010 golf contest $1M prize moneyNew York Daily News
Huffington Post –ABC News –U.S. News & World Report –CBS News
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Reuters

China big city home prices surge in August, extra controls seen needed
Reuters
A labourer selects wooden planks as he works at a residential construction site in Hefei, Anhui province, China February 18, 2012. REUTERS/Stringer/File Photo. BEIJING China's boomtown of Shenzhen unexpectedly lost its top-performer spot in August's …
Here's Where Chinese Home Prices Spiked the Most in AugustFortune
China's new home prices keep rising in AugustMarketWatch
EconomyChina new home prices rise faster in AugustFinancial Times
Barron’s (blog) –Xinhua –South China Morning Post –EconoTimes
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