Economy

It also led to the ouster of then-CEO John Stumpf - who, it was announced Monday, would be required to return some $28 million in compensation for failing to heed warnings of abuses in the company. Sen. Elizabeth Warren (D-Mass.) holds up copies of Wells Fargo earnings call transcripts as she questions John Stumpf , chairman and CEO of Wells Fargo .
  • Airlines defend overbooking after shocking United incident

    Economy

    The United Airlines passenger dragged from a plane Sunday will require reconstructive surgery and both United and the city of Chicago are responsible for Dr. United Airlines said medical personnel met the aircraft when it arrived in Calgary. According to his wife, another passenger gave her husband an antihistamine pill in case he had an allergic reaction to the sting.
  • United Nations says not in position to comment on Jadhav's death sentence

    United Nations says not in position to comment on Jadhav's death sentence

    Economy

    The United Nations (UN) on Wednesday declined to comment on the death sentence awarded to Jadhav, citing the world body was not in a position to judge the case. Pakistan's army released a video shortly after Jadhav's arrest last year in which he confessed to having spent years sowing unrest in Pakistan. Swaraj dismissed Jadhav's trial as a farce and said Pakistan had ignored 13 separate requests in the past year to be permitted to offer him consular services.
  • Tesla to unveil final Model 3 design in July

    Economy

    The Tesla CEO did add that the company's engineers have done an "amazing job" on it and that the vehicle is "seriously next level". More further details would be provided in the next six to nine months Tesla said at the time. Although Musk has been mum about Tesla-branded electric buses, he wrote a year ago that those would also be revealed in 2017. Like Tesla's other vehicles, the semi-truck will be electric.
  • Prudential plc (PRU) Stock Rating Reaffirmed by JPMorgan Chase & Co

    Economy

    The stock of Amdocs Limited (NASDAQ:DOX) has "Outperform" rating given on Thursday, September 10 by Oppenheimer. Therefore 40% are positive. LDR Holding has $55 highest and $23 lowest target. It has a 110.23 P/E ratio. The Company's subsidiaries include McCarthy & Stone Retirement Lifestyles Limited and McCarthy & Stone Management Services Limited.
  • ADB pegs India's 2017-18 growth at 7.4%

    ADB pegs India's 2017-18 growth at 7.4%

    Economy

    The economy is estimated to have grown by 7.1 per cent last fiscal and the Economic Survey has forecast GDP growth between 6.75 per cent and 7.5 per cent in 2017-18. Robust consumer demand and a rebound of global commodity prices have attributed to an increase in the consumer price inflation levels for Asia overall from 2.5% in 2016 to 3% in 2017.
  • Hamilton hopeful Red Bull can join title battle

    Economy

    It was a key victory for Mercedes , which headed into the race second place in the overall standings following an upset victory by Ferrari in Australia last month. Vettel agrees with Hamilton that the silver and red cars are closely matched. Vettel's win in Melbourne raised expectations of a spirited Ferrari fight in the sport's wider new cars.
  • Wall Street's 'Charging Bull' Artist Wants The 'Fearless Girl' Gone

    Wall Street's 'Charging Bull' Artist Wants The 'Fearless Girl' Gone

    Economy

    Arturo Di Modica said that the girl changes the positive message of the bull sculpture, which is "a better America and a better world". Siegel said those capital letters were very important, as the plaque at their statue's feet reads "Know the Power of Leadership, SHE makes a difference".
  • Doctor hauled off USA flight says it was worse than Vietnam War

    Doctor hauled off USA flight says it was worse than Vietnam War

    Economy

    The statement followed a Thursday news conference in which a lawyer for Dr. David Dao said the 69-year-old suffered a concussion and broken nose when he was dragged off Sunday's United Express flight. Munoz offered an apology to Dao, his family and other passengers on the flight. The airline now says it was neither. It also exposed a corporate culture in which airlines - and United in particular - have long "bullied" passengers, he said.
  • Reports of Trump White House Shake-Up Are 'BS' - But Something's Going On

    Economy

    While H.R. McMaster, the national security adviser, has been working for weeks to find a way to rid the White House foreign policy operation of Bannon, it was ultimately Kushner's influence that made it happen, sources said . Media outlets published a rash of news stories this week exposing the civil war within Trump's inner circle, with anonymous sources describing factions led by Bannon and Kushner as being locked in perpetual battle.
  • Global stocks drop after Trump talks down dollar

    Global stocks drop after Trump talks down dollar

    Economy

    Yields on euro zone bonds also fell as investors swarmed into high-rated German, Dutch and Finnish government bonds. Gold fell 0.09 percent to $1,284.90 an ounce after hitting a five-month high earlier in the session. The Stoxx Europe 600 index fell 0.5% to 380.13, retreating after ending Wednesday's session at its highest since early December 2015. The benchmark 10-year US Treasury yield slid to a five-month low of 2.22 per cent.
  • Meghalaya government protests observing Digital India Day on Good Friday

    Meghalaya government protests observing Digital India Day on Good Friday

    Economy

    The ruling Congress-led Meghalaya United Alliance government led by Chief Minister Mukul Sangma has decided not to participate in the Digital Day programmes. Meanwhile the move by the Government of India to observe the day on Good Friday has drawn criticism from several quarters. "Is it that they selectively identifying these dates to marginalise the minorities with a complete disregard to the constitutional obligation of ensuring personal liberty?" the Congress leader asked.