expected-gain
PwC must face $1 billion MF Global malpractice lawsuit: U.S. judge
August 6, 2016 by admin · Leave a Comment
A federal judge rejected PricewaterhouseCoopers' [PWC.UL] bid to dismiss a $1 billion lawsuit accusing the accounting firm of professional malpractice for helping cause the October 2011 bankruptcy of MF Global Holdings Ltd [MGHL.UL], a brokerage once run by former New Jersey Governor…
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PwC must face $1 billion MF Global malpractice lawsuit: U.S. judge
expected-gain
Nissan in talks with Panasonic, others to sell battery operations: sources
August 6, 2016 by admin · Leave a Comment
Nissan Motor Co is in talks with Panasonic Corp and overseas companies including Chinese firms over the possible sale of its controlling stake in a car battery manufacturing venture, sources said. Two people with knowledge of the matter said on Saturday that the Japanese automaker wants to sell its 51 percent stake in Automotive Energy Supply Corporation, which makes lithium-ion batteries for electric vehicles. The company is jointly owned by NEC Corp .
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Nissan in talks with Panasonic, others to sell battery operations: sources
expected-gain
Expected solid U.S. job gains seen as boost to economy
August 6, 2016 by creative · Leave a Comment
U.S. employment likely increased at a healthy clip in July, with wages picking up, which should help to underpin consumer spending and boost the economy. The Labor Department’s closely-watched employment report on Friday will probably show that nonfarm payrolls increased by 180,000 jobs last month, according to a Reuters survey of economists. While that would be a step down from June’s 287,000 surge, July’s expected gain would still be above the average monthly advance of 171,500 jobs over the first half of the year.
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Expected solid U.S. job gains seen as boost to economy