Author: 0 Wells Fargo orders former execs to pay back $75 million

The company has acknowledged it may have opened up to 2.1 million accounts without customers' permission, triggering government investigations and a settlement with the Consumer Financial Protection Bureau . Stumpf also received his share of criticism. If "customers believe that Wells Fargo team members are not conducting business in an appropriate and ethical manner", the report read, "it will result in loss of business and can lead to diminished reputation in the community".

Business David Dao dragged off United flight files court papers
Author: 0 David Dao dragged off United flight files court papers

The Department of Transportation's Office of Aviation Enforcement and Proceedings said in a statement Tuesday that it had begun reviewing what happened on the flight. United says Dao tried to strike officers that were taking him off the plane. The airline said it is "reaching out" to customers on Flight 3411 and "offering compensation for their flights".

Business Cathay Pacific CEO to step down, to be replaced by COO
Author: 0 Cathay Pacific CEO to step down, to be replaced by COO

Battered by financial losses and rising competition from low-priced airlines, Cathay Pacific, one of Asia's biggest full-service carriers, said Wednesday that it would replace its chief executive officer. Chu was appointed CEO on March 14 2014, taking over from John Slosar, now chairman of Swire Group. Low-priced carriers have undercut its short-haul business, while rapidly expanding state-backed players from the Gulf and China have encroached on its premium long-haul market.

Business India extends $4.5 bn line of credit to Bangladesh
Author: 0 India extends $4.5 bn line of credit to Bangladesh

He said, spread of radicalization and extremism poses grave threat to India, Bangladesh and entire region. According to its report appeared on the site, Mamata expressed her dissatisfaction following Indian prime minister Narendra Modi and Bangladesh prime minister Sheikh Hasina's talks on river Teesta.

Author: 0 Norges Bank Purchases New Position in BHP Billiton Limited (BHP)

Argus Maintains the stock to Hold on 12/01/16 by stationing a price target of $46. Alpha One also assigned headlines about the mining company an impact score of 67 out of 100, meaning that recent press coverage is likely to have an effect on the stock's share price in the near future.

Author: 0 United to compensate passengers on flight at centre of passenger-dragging scandal

The video, which can be viewed at The Huffington Post , was taken by a fellow passenger identified as Joyce Cummings and shows Dao telling the security officer that he will not leave the plane. The others did as they were told, but Dao refused and was yanked out of his seat and dragged off the plane by airport security. The incident involving Dao happened Sunday evening in Chicago aboard a plane bound for Louisville.

Author: 0 Tillerson: U.S.-Russia relations are 'at a low point'

The stark language is the most blunt terms Trump has used to describe the Syrian president who is accused of war crimes in an attempt to hold onto power during a prolonged civil war. "There is a low level of trust between our two countries". "The world's two foremost nuclear powers can not have this kind of relationship". The White House pointedly said Wednesday that it had seen credible reports that Moscow backed an election-day attack in Montenegro previous year.

Author: 0 Saudi Arabia 'fully supports' United States military strikes in Syria, Iran condemns

Her comments, made during an interview with CNN on Saturday (8 April), signal a turnaround from the earlier stance of the U.S. that driving out Isis was a bigger priority in Syria than Assad's ouster. "The United States will no longer wait for Assad to use chemical weapons without any consequences", Haley said. On the ground in Syria , meanwhile, fresh air strikes have targeted the same town that was hit by the recent chemical attack, killing at least 17 people, according to the Syrian ...

Business North Korea tells journalists to expect a 'big' event
Author: 0 North Korea tells journalists to expect a 'big' event

But what is not ambiguous is North Korea's intentions. In Dandong, through which about three-quarters of China's trade with North Korea flows, long queues of trucks heading in both directions formed across the Friendship Bridge, despite what locals said was a relative lull due to the North's most important national holiday on Saturday marking the birth of founder president Kim Il Sung.

Author: 0 Thumbs up: Wells Fargo claws away at problem

It said Mr Stumpf had been "too slow to investigate or critically challenge sales practices" at the bank, or to "appreciate the seriousness of the problem". The 52 week high of shares in Wells Fargo & Company is 59.99 while the 52 week low for the company's shares is 43.55. Tolstedt was perceived by high-level employees as having the support of Stumpf, with whom it was considered best to avoid raising problems with.

Business Analysts Status about Stock: Knight Transportation, Inc.'s (KNX)
Author: 0 Analysts Status about Stock: Knight Transportation, Inc.'s (KNX)

Deutsche Bank Initiates Coverage On Knight Transportation Inc. The lowest price the stock reached on Tuesday was $4.5 and compares with the $2.4 52-week low. KeyCorp analyst T. Fowler now anticipates that the company will post earnings per share of $0.17 for the quarter, down from their prior forecast of $0.24.

Author: 0 Wells Fargo board's report is too kind to itself

It's not clear, however, how much in compensation they were allowed to keep after collecting millions in salary, bonus and stock awards during their lengthy Wells Fargo careers. In an emailed statement Monday, Enu Mainigi, an attorney for Tolstedt, said, "We strongly disagree with the report and its attempt to lay blame with Ms.

Author: 0 President Trump: NATO Is 'No Longer Obsolete'

NATO Secretary General Jens Stoltenberg said he and Trump had agreed in their talk that "NATO is a bedrock of security, both for Europe and for the United States. NATO's secretary general says defense spending is only part of the picture, though. "We need many different tools to stabilize our neighborhood", Stoltenberg said last month.

Author: 0 John Geils Jr. (1946 - 2017)

Their 12th album, "Freeze-Frame", featured its popular title track as well as chart-topper "Centerfold", which spent six weeks at the top of the Billboard Hot 100 in 1982 . Geils Band . Groups like U2, the Eagles , and Billy Joel all opened for The J. Geils Band in the early '80s before the group disbanded in 1985.

Author: 0 Syria strike a message to others, including N Korea

But there was little indication as to how the two new friends got along over contentious issues such as China's use of the South China Sea and the North Korean crisis. Tillerson said Xi agreed with Trump that North Korea's nuclear advances had reached a "very serious stage". He did not rule out additional strikes if Assad continued to engage in atrocities against rebel forces with either chemical or conventional weapons.

Author: 0 Bill O'Reilly's advertiser exodus is even worse than it looks

The pair discussed a number of topics such as Steve Bannon's removal from the National Security Council, the White House's lack of credibility - and President Donald Trump's declaration of support for Bill O'Reilly, the Fox News host recently accused of serial sexual harassment.

Author: 0 Today's Brokerage Rating: Marathon Petroleum Corporation (MPC), QEP Resources, Inc. (QEP)

Tudor Pickering downgraded Marathon Oil Corporation (NYSE:MRO) on Friday, November 6 to "Hold" rating. The stock presently has an average rating of "Buy" and a consensus target price of $55.54. If you are reading this piece on another website, it was illegally copied and reposted in violation of U.S. & global copyright laws. The legal version of this news story can be read at ...

Business In Major Reversal, Trump Says China 'Not Currency Manipulators'
Author: 0 In Major Reversal, Trump Says China 'Not Currency Manipulators'

US Treasury Department officials confirmed that China would not be labeled a currency manipulator in their bi-annual currency report due to be released later this week. Spot gold showed a 0.1 per cent gain at $1,286.69 an ounce, while USA gold futures for June delivery were up $10.50 at $1,288.60. It lost 37 cents the previous session to $55.86.

Author: 0 Top Stock Picking - JetBlue Airways Corporation (NASDAQ:JBLU), Cerner Corporation (NASDAQ:CERN)

Vetr upgraded shares of JetBlue Airways Corporation from a "hold" rating to a "buy" rating and set a $19.06 target price on the stock in a research report on Monday, October 17th. Several large investors have recently bought and sold shares of the company. Credit Capital Investments LLC acquired a new stake in shares of JetBlue Airways during the third quarter valued at about $3,127,000.

Author: 0 United first-class flier says he was threatened with handcuffs

In all, three officers removed Dr. David Dao from his seat and dragged him off a United Airlines flight have been suspended by city officials as they review the incident, city Aviation Department spokeswoman Karen Pride wrote in an emailed statement.

Author: 0 Russia vetoes UN draft resolution on Syria gas attack probe

Russian Foreign Minister Sergei Lavrov said Wednesday Moscow and Washington were committed to fighting terrorism after talks with his USA counterpart Rex Tillerson. Further evidence of division was shown when Russia's foreign ministry said Moscow would later veto a draft resolution by the US, UK and France requiring the Syrian government to co-operate with an investigation into the chemical attack.

Author: 0 Toshiba jumps on chip sale approval

Cash-strapped Toshiba is set for a massive financial injection after its nuclear unit Westinghouse filed for bankruptcy. Toshiba acquired Westinghouse in 2006 with much fanfare, making nuclear power an important part of its business strategy.

Business Trade pragmatism in Trump-Xi summit
Author: 0 Trade pragmatism in Trump-Xi summit

Those orders initiate a large-scale review of the causes of the USA trade deficits with some of America's largest trading partners and also require stricter enforcement of US anti-dumping laws to prevent foreign manufacturers from undercutting USA companies by selling goods at unfair prices.

Author: 0 Canaccord Genuity Begins Coverage on GB Group plc (GBG)

Mccarthy Stone Plc had 60 analyst reports since December 17, 2015 according to SRatingsIntel. Market capitalisation for LON:MPE is £421,983,291 GBP. The stock of Amdocs Limited (NASDAQ:DOX) has "Buy" rating given on Wednesday, July 27 by Citigroup.

Business Grrrrr: Fresno, Sacramento make dog bite list
Author: 0 Grrrrr: Fresno, Sacramento make dog bite list

The post Dog attacks of US postal workers highest in three decades appeared first on PBS NewsHour . The city is among the nation's worst with 47 dog attacks on letter carriers previous year. His most recent attack happened within the past year, he said. L.A. topped a list of 40 cities, with 80 attacks. The scanners can also relay when an unleashed dog is reported roaming in delivery areas.

Business Sculptor of Wall Street's bull wants 'Fearless Girl' moved
Author: 0 Sculptor of Wall Street's bull wants 'Fearless Girl' moved

An afternoon recap of the day's most important business news, delivered weekdays. "The girl is standing there like this in front the bull , saying, 'Now, what are you going to do?' " the bull's sculptor, Arturo Di Modica , said at a news conference Wednesday, according to CNN .

Business Troubled Toshiba reports unaudited results after 2 delays
Author: 0 Troubled Toshiba reports unaudited results after 2 delays

Four nuclear reactors that the US division is helping to build in SC and Georgia are behind schedule and billions of dollars over budget. "Without clear prospects for auditor approval, we could no longer inconvenience and worry our investors and other stakeholders and decided on this very unusual way of releasing results".

Author: 0 Sensex ends 145 points lower, Infosys settles flat ahead of Q4 earnings

Biggest losers in the 30-share index were Infosys (2.40%), Adani Ports and Special Economic Zone (2.23%), Tata Steel (2.23%), Tata Consultancy Services (1.91%), Tata Motors (1.83%), and Larsen & Toubro (1.42%). Metal, capital goods, auto, FMCG, power and consumer durables indices all fell by up to 2.84 per cent. The Nifty PSU Bank index, which had risen almost 20 percent this year as of Tuesday's close, ended 1.3 percent lower as PSU banks such as Syndicate Bank, Oriental Bank of Commerce, ...

Business Uber's 'Hell' program tracked and targeted Lyft drivers
Author: 0 Uber's 'Hell' program tracked and targeted Lyft drivers

Once it identified these drivers, Uber then apparently executed some really rather skulduggery, whereby it would send more riders the way of "double-appers" so that they met special Uber targets and earned bonus money. The details of this internal program were known only to a handful of people at Uber , including CEO Travis Kalanick, some executives and data scientists.

Author: 0 Trump Reverses Pledge, Won't Label China Currency Manipulator

China should enhance and strengthen the role of the yuan as an global reserve currency, a senior Chinese central bank official said in an article published hours after US President Donald Trump said China would not be labelled as a currency manipulator.

Business United Scrambles To Recover From Ousted Passenger Fiasco
Author: 0 United Scrambles To Recover From Ousted Passenger Fiasco

Another video showed the clearly-disturbed man back on the plane, with blood around his mouth and repeating, "Just kill me". The head of United's parent company has scrambled to contain the damage to the carrier's reputation. Chicago Aviation Commissioner Ginger Evans will also speak. Dao refused to leave on his own when he was chosen at random to get off the plane. Airlines CEO Oscar Munoz, in an interview to a local news channel, had said that he felt ashamed of the incident and promised ...

Business All passengers on United Flight 3411 to receive compensation
Author: 0 All passengers on United Flight 3411 to receive compensation

Had United employees been more empowered to use their common sense, the incident could have been prevented, Munoz said. "Currently, they are focused only on Dr. At one point, passengers said, Dao hit his head on an armrest. Federal rules require that before airlines can bump passengers from a flight they must seek volunteers - the carriers generally offer travel vouchers.

Author: 0 Tillerson blames Syrian gas attack on Russian inaction

The two countries are already under various types of USA sanctions. "Neither the Pentagon nor the State Department have provided any evidence proving the presence of chemical weapons at the airbase", the official said. A key focus since the chemical attack has been on increasing pressure on Russia, Assad's strongest ally, which has used its own military to prop up Assad in Syria.

Business IEA says global oil market now close to balance
Author: 0 IEA says global oil market now close to balance

Both benchmarks kicked off Thursday on a downbeat note after USA data on Wednesday showed domestic production jumped to its highest level in more than a year last week. Preliminary data shows, stocks declined by 17.2 million barrels in March but the net first quarter stocks are still up by 38.5 million barrels. "Even after taking into account production cut pledges from the eleven non-OPEC countries, unplanned outages in Canada as well as in the North Sea, we expect (non-OPEC) production ...

Business Royal Mail set to close defined benefit pension scheme in 2018
Author: 0 Royal Mail set to close defined benefit pension scheme in 2018

It claimed Royal Mail's proposed replacement would result in its members facing "poverty" in retirement, losing up to a third of their current future pension value. The privatisation of Royal Mail proved massively controversial. The shares today were up 8p at 425p. Royal Mail shares have been out of favour since a poor third quarter mail volume update In January, with investors anxious about the post-Brexit environment and the prospect of strike action.

Business United States unemployment drops to 4.5%, lowest in decade
Author: 0 United States unemployment drops to 4.5%, lowest in decade

The manufacturing sector added 11,000 jobs in March after a strong month of hiring in February that had been partly attributed to unusually warm weather. The last three months have added an average of 178,000 jobs per month. PNC Bank economist Gus Faucher says the job market "is getting tighter and business are finding it more hard to hire".

Author: 0 Trump suggests Russian Federation may have had knowledge of Syria chemical attack

Russian Federation says rebels were responsible for whatever chemical agent was found, which the Trump administration calls a disinformation campaign. Intelligence services from several Western countries dispute that claim. Russian Federation is a key supporter of Assad's. Russian Federation said the US strike was illegal though and Lavrov repeated Moscow's stance on Wednesday, saying an global investigation should be left to determine who was to blame and what happened.

Business United passengers to be fully reimbursed
Author: 0 United passengers to be fully reimbursed

And the Department of Transportation announced it's reviewing how the airline handled the incident. "We had not provided our front-line supervisors and managers and individuals with the proper tools, policies, and procedures that allow them to use common sense", Munoz said.

Author: 0 U.S. crude stockpiles fall unexpectedly

OPEC will also release its Monthly Oil Market Report tomorrow-another market mover that is expected to push up prices as early reports show that OPEC over-complied in March. World oil production fell in March thanks to a deal to cut output, OPEC said Wednesday, but the cartel's efforts to fight a global glut are threatened by American firms pumping oil with gusto.

Author: 0 BMW pulls advertising from Fox News' "O'Reilly Factor"

The New York Times investigation came out this past weekend , and has generated discussion because of its report that the five women who had made the allegations against O'Reilly received a total of about $13 million in settlements . MileIQ, in a response to ThinkProgress, noted that while they are taking the matter "very seriously", some prebooked ads might appear on O'Reilly's program as they wait for the cancellation to take effect.

Author: 0 Chuck Schumer: Trump hiding tax returns hurts tax reform

The Senate's top Democrat said President Trump's refusal to release his tax returns is going to make this year's promised overhaul of the tax code "much harder". "But I think talks are going pretty well right and the White House doesn't have to throw a monkey wrench into it right now". Schumer said China was not now manipulating its currency but that "very few people who study it have any doubt that, if it suited them to manipulate it again, they would in the future".

Author: 0 Russian Federation relations at 'may be at an all-time low,' Trump says

Russia's U.N. Ambassador Vladimir Safronkov told the council before the vote that a resolution was unnecessary, and the draft put forward by the Western powers pre-judged that the Syrian government was responsible for the April 4 attack on Khan Sheikhoun in which almost 90 people died.