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Transcripts of Clinton’s Wall Street talks released in new Wikileaks dump

October 16, 2016 by · Leave a Comment 

The documents showed comments by Clinton during question-and-answer sessions with Goldman Sachs Chief Executive Lloyd Blankfein and Tim O'Neill, the bank's head of investment management, at three separate events in 2013 in Arizona, New York and South Carolina. Some excerpts of Clinton's speeches had already been released.

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Transcripts of Clinton’s Wall Street talks released in new Wikileaks dump

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Twitter charts solo path as Salesforce rules out takeover

October 15, 2016 by · Leave a Comment 

Twitter and Chief Executive Officer Jack Dorsey may now have to chart an independent course in the face of stagnant user growth, heavy losses and mounting competition from the likes of Facebook's Instagram and Snap Inc's Snapchat. Dorsey is likely to face intense scrutiny over his continued role as CEO of both Twitter and the payment company Square , especially if the company's next quarterly report in late October is as weak as some analysts expect. Twitter grew rapidly …

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Twitter charts solo path as Salesforce rules out takeover

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Exclusive: Twitter to conclude sale deliberations this month – sources

October 6, 2016 by · Leave a Comment 

Twitter Inc has told potential acquirers it is seeking to conclude negotiations about selling itself by the time it reports third-quarter earnings on Oct. 27, according to people familiar with

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Exclusive: Twitter to conclude sale deliberations this month – sources

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OPEC set for no deal as Iran rejects Saudi oil output offer

September 28, 2016 by · Leave a Comment 

Iran rejected on Tuesday an offer from Saudi Arabia to limit its oil output in exchange for Riyadh cutting supply, dashing market hopes the two major OPEC producers would find

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OPEC set for no deal as Iran rejects Saudi oil output offer

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Wells Fargo CEO forfeits millions as board orders review

September 28, 2016 by · Leave a Comment 

(Reuters) – Wells Fargo & Co said on Tuesday that Chief Executive Officer John Stumpf will forfeit unvested equity awards worth about $41 million and will not get a salary while the company's board investigates the bank's sales practices. Carrie Tolstedt, the former head of the retail division at the center of a burgeoning sales scandal, has left the company ahead of her planned Dec. 31 retirement date, will get…

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Wells Fargo CEO forfeits millions as board orders review

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Berkshire is accused in New York lawsuit of workers’ compensation ‘siphoning’

September 13, 2016 by · Leave a Comment 

By Jonathan Stempel NEW YORK (Reuters) – Berkshire Hathaway Inc has been sued by a New York bicycle courier company over an alleged illegal scheme to cheat employers buying workers' compensation policies. The complaint, filed late Friday by Breakaway Courier Systems, came as Berkshire's Applied Underwriters unit faces scrutiny over its workers' compensation policies, including some that have been banned by California, Vermont and Wisconsin. Breakaway, with about 300 employees, accused Berkshire and Applied of “siphoning” premiums through a web of illegal shell companies, with …

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Berkshire is accused in New York lawsuit of workers’ compensation ‘siphoning’

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Japan government finds Mitsubishi overstated mileage for eight more models

August 30, 2016 by · Leave a Comment 

Japan's transport ministry on Tuesday ordered Mitsubishi Motors Corp to stop domestic sales of eight vehicle models after an investigation found the automaker overstated their fuel economy, the second

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Japan government finds Mitsubishi overstated mileage for eight more models

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VW reviews procurement strategy in wake of supplier dispute

August 30, 2016 by · Leave a Comment 

Volkswagen is reviewing its supplier and procurement strategy to avoid another crippling dispute like the one that caused production slowdowns and even stoppages at six plants this month, Chief Executive Matthias Mueller said. VW suppliers Car Trim and ES Automobilguss, both part of Prevent Group, triggered the disruptions by halting deliveries of seat covers and cast iron parts for gearboxes, exposing how dependent VW has become

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VW reviews procurement strategy in wake of supplier dispute

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Viacom and controlling shareholder Sumner Redstone agree on settlement: sources

August 19, 2016 by · Leave a Comment 

By Jessica Toonkel NEW YORK (Reuters) – – Viacom Inc and controlling shareholder Sumner Redstone have come to an agreement on terms of a settlement that would result in the departure of Chief Executive Philippe Dauman, two sources familiar with the situation told Reuters on Thursday. The settlement would end the battle for control over Redstone's $40 billion empire that includes Viacom and CBS, and which has been …

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Viacom and controlling shareholder Sumner Redstone agree on settlement: sources

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U.S. authorities subpoena Goldman in 1MDB probe: WSJ

July 31, 2016 by · Leave a Comment 

Goldman received the subpoenas earlier this year from the U.S. Department of Justice (DoJ) and the Securities and Exchange Commission (SEC), the Journal reported, citing a person familiar with the matter. The authorities also want to interview current and former Goldman employees in connection with the inquiries, but none of those meetings had occurred by Friday, WSJ said. The Department of Justice and the SEC

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U.S. authorities subpoena Goldman in 1MDB probe: WSJ

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