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Women executives left Yahoo amid layoffs, deal talk
November 1, 2016 by publisher · Leave a Comment
Women executives left Yahoo Inc at an unusually high rate after the U.S. technology company announced plans to sell itself earlier this year, but it was not immediately clear why, according to the company's 2016 diversity report, released on Monday. The sharp drop comes as Silicon Valley faces pressure to diversify a workforce heavily dominated by white and Asian men. In July, it struck a …
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Women executives left Yahoo amid layoffs, deal talk
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GE to merge oil unit with Baker Hughes to create service giant
November 1, 2016 by admin · Leave a Comment
General Electric Co said on Monday it would merge its oil and gas business with Baker Hughes Inc , creating the world's second-largest oilfield services provider as competition heats up to supply more-efficient products and services to the energy industry after several years of low crude prices. The deal to create a company with $32 billion in annual revenue will combine GE's strengths in making equipment long-prized by oil producers with Baker Hughes's expertise in drilling and …
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GE to merge oil unit with Baker Hughes to create service giant
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Wells Fargo agrees to $50 million settlement over homeowner fees
November 1, 2016 by elegant · Leave a Comment
Wells Fargo & Co has agreed to pay $50 million to settle a racketeering lawsuit accusing it of overcharging hundreds of thousands of homeowners for appraisals ordered after they defaulted on their mortgage loans. The proposed settlement, which requires court approval, was disclosed in a filing on Friday in an Oakland, California federal court. Wells Fargo's settlement of the lawsuit comes as the bank is still recoiling from a scandal over sales targets that drove employees
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Wells Fargo agrees to $50 million settlement over homeowner fees
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Newest weapon in U.S. hunt for insider traders paying off
November 1, 2016 by elegant · Leave a Comment
By Nate Raymond NEW YORK (Reuters) – When plumber Gary Pusey pleaded guilty in May to insider trading, it was a victory not just for New York prosecutors but for a little-known squad inside the U.S. Securities and Exchange Commission that uses data analysis to spot unusual trading patterns. Formed in 2010, the Analysis and Detection Center of the SEC's Market Abuse Unit culls through billions of rows of trading data going back 15 years to identify individuals …
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Newest weapon in U.S. hunt for insider traders paying off