evanston

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

evanston

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

evanston

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

evanston

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

evanston

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

evanston

Deutsche Bank to fight $14 billion demand from U.S. authorities

Deutsche Bank  said it would fight a $14 billion demand from the U.S. Department of Justice to settle claims it missold mortgage-backed securities, a shock bill that raises questions about the future of Germany's largest lender. The claim against Deutsche, which is likely to trigger several months of talks, far exceeds the bank's expectations…

Read the rest here:
Deutsche Bank to fight $14 billion demand from U.S. authorities

evanston

Wells Fargo faces proposed class action over bogus accounts

Wells Fargo & Co, embroiled in a scandal over the opening of sham accounts, was sued on Friday by customers who accused the bank of fraud and recklessness for its behavior. The lawsuit was filed in the U.S. District Court in Utah, and seeks class-action status on behalf

View post:
Wells Fargo faces proposed class action over bogus accounts

evanston

U.S. charges former American Realty executives with inflating results

U.S. prosecutors on Thursday announced criminal fraud charges against two former American Realty Capital Properties Inc executives stemming from a 2014 accounting scandal that wiped out roughly $4 billion of the real estate investment trust's market value. Former Chief Financial Officer Brian Block, 44, was charged with six criminal counts, including securities fraud, conspiracy and making false statements, according …

See the rest here:
U.S. charges former American Realty executives with inflating results

evanston

Dell to cut 2,000-3,000 jobs as EMC deal closes: Bloomberg

Most of the job cuts will be in the United States, Bloomberg reported on Thursday, citing people familiar with the matter. The layoffs will be mainly in supply chain, marketing and general and administrative divisions, Bloomberg said, adding that the combined company has 140,000 employees. “As is common with deals of this size, there will be some overlaps we will need to manage and where some employee reduction will occur,” Dell spokesman Dave Farmer said.

Excerpt from:
Dell to cut 2,000-3,000 jobs as EMC deal closes: Bloomberg

evanston

Google to buy software developer Apigee for $625 million

By Julia Love and Natalie Grover SAN FRANCISCO (Reuters) – Alphabet Inc's Google said on Thursday it is acquiring software developer Apigee Corp in a deal valued at about $625 million, the tech giant’s latest effort to claim a greater share of the lucrative cloud

Here is the original post: 
Google to buy software developer Apigee for $625 million

Next Page »