News

U.S. Labor Department launches review of all Wells Fargo complaints

By Sarah N. Lynch WASHINGTON (Reuters) – U.S. Labor Department Secretary Thomas Perez on Monday pledged to conduct a “top-to-bottom” review of all cases, complaints and other alleged violations that…

Read the original:
U.S. Labor Department launches review of all Wells Fargo complaints

Disney, Microsoft among possible Twitter suitors: reports

(Reuters) – Walt Disney Co and Microsoft Corp join a list of potential suitors for Twitter Inc, according to media reports on Monday. Twitter shares were up 2.23 percent at $23.36 in after-market trading. The microblogging service has reportedly started talks with a number of technology companies to sell itself, including Google parent Alphabet Inc and may receive a formal bid soon.

View original here:
Disney, Microsoft among possible Twitter suitors: reports

U.S. new home sales fall in August but trend still positive

July's sales pace was revised up 5,000 units to 659,000 units. Analysts said the level of sales generally supported their view of a strong underlying trend in new home sales and of a quickening pace of overall economic growth in the second half of the year. Following the new home sales release, analysts at Macroeconomic Advisers kept their estimate of third-quarter economic growth at 3 percent, a marked pickup from the first half of the year.

See the rest here:
U.S. new home sales fall in August but trend still positive

Iran downplays chances of oil deal, UAE keen on freeze

By Alex Lawler and Rania El Gamal ALGIERS (Reuters) – Iran downplayed on Monday the chances of OPEC and non-OPEC oil producers clinching an output-restraint deal in Algeria this week even though several other members of the group said they still hoped for steps to tackle a price-eroding glut of crude. Oil prices have more than halved from 2014 levels due to oversupply, prompting OPEC producers and rival Russia to seek a market rebalancing that would boost revenues from oil exports and help their crippled budgets. The …

Continued here:
Iran downplays chances of oil deal, UAE keen on freeze

Oil ends up 3 percentt as OPEC meets; volatility hits post-Doha high

NEW YORK/LONDON (Reuters) – Oil settled up 3 percent on Monday as the world's largest producers gathered in Algeria to discuss ways to support prices, with nervous trade driving volatility to its highest since a similar meeting to freeze output in April in Doha which failed. The Organization of the…

Originally posted here:
Oil ends up 3 percentt as OPEC meets; volatility hits post-Doha high

Target shakes up online leadership with eye on rivals

By Nandita Bose CHICAGO (Reuters) – Target Corp said on Friday its chief digital officer has left the company amid a company overhaul of its e-commerce operations to boost online sales and better compete with larger rivals such as Amazon.com Inc . Target said Jason Goldberger, who had been with the company for four years, will leave immediately.

Read more here: 
Target shakes up online leadership with eye on rivals

Canada Unifor union sets tentative strike deadline for Fiat Chrysler

By Ethan Lou TORONTO (Reuters) – Canada's Unifor union has set a tentative strike deadline of midnight Oct. 10 for talks with Fiat Chrysler Automobiles NV , the labor group said on Saturday as it prepares to vote on a related deal with General Motors Co . Unifor, which represents close to 10,000 Fiat Chrysler workers in Canada, said in a statement the strike deadline of 11:59 p.m. will stand if talks with Fiat Chrysler begin “immediately” after the union

See the original post: 
Canada Unifor union sets tentative strike deadline for Fiat Chrysler

China’s Dalian Wanda opens $5.1 billion tourism park

By Alexandra Harney SHANGHAI (Reuters) – Dalian Wanda Group, the Chinese entertainment giant owned by the country's richest man, opened the first phase of a sprawling 34 billion yuan ($5.1 billion) tourism park in the eastern city of Hefei on Saturday. Wanda is building

Read the original: 
China’s Dalian Wanda opens $5.1 billion tourism park

Takata failed to report 2003 air bag rupture to U.S. road authority

By David Shepardson and Paul Lienert WASHINGTON/TOKYO (Reuters) – Japanese air bag supplier Takata Corp said it failed to inform the U.S. auto safety agency of a 2003 rupture of one of its air bag inflators …

Continued here:
Takata failed to report 2003 air bag rupture to U.S. road authority

Former employees file class action against Wells Fargo

Two former Wells Fargo & Co employees have filed a class action in California seeking $2.6 billion or more for workers who tried to meet aggressive sales quotas without engaging in fraud and were later demoted, forced to resign or fired. The lawsuit on behalf of people who worked for Wells Fargo in California over the past 10 years, including current employees, focuses on those who followed the rules …

Go here to see the original:
Former employees file class action against Wells Fargo

« Previous Page — Next Page »