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Category : Business (Archive for 2016-09-29) News by Google
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New York Times
California Suspends Ties With Wells Fargo
New York Times
Wells Fargo clawed back $41 million of John G. Stumpf's pay over the sham accounts scandal. Credit Susan Walsh/Associated Press. Citing Wells Fargo's “venal abuse of its customers,” the California treasurer took the unusual step on Wednesday of ...

CNBC
Energy stocks push Asian markets higher, after oil prices surge on OPEC deal
CNBC
Most Asian markets closed higher on Thursday after an oil-price rally amid reports of potential production cuts, but India's shares dropped after reports that the Indian army conducted strikes against militants in the disputed region of Kashmir. The ...

Reuters
Novo Nordisk to axe 1000 jobs in cost-cutting drive
Reuters
The logo of Danish multinational pharmaceutical company Novo Nordisk is pictured on the facade of a production plant in Chartres, north-central France, April 21, 2016. REUTERS/Guillaume Souvant/Pool. By Annabella PultzNielsen | COPENHAGEN.

Hollywood Reporter
Redstone Daughter Seeks a Viacom Reunion -- WSJ
Nasdaq
Weeks after cementing a powerful role in her family's $40 billion media empire, Shari Redstone is moving to potentially undo the last big strategic move of her ailing father, Sumner Redstone. National Amusements Inc., the Redstone family's holding ...

BBC News
Trump's fortune drops $800m in one year
BBC News
"Part of the beauty of me is that I'm very rich," Donald Trump once said, but according to Forbes magazine he's much less rich than a year ago. The business magazine has reappraised the Republican White House hopeful's personal wealth and found it has ...

Business Insider
Saudi Arabia u-turned on its unlimited oil policy and prices are jumping
Business Insider
saudi arabia Saudi youths demonstrate a stunt known as "sidewall skiing" (driving on two wheels) in the northern city of Tabuk, in Saudi Arabia December 3, 2014. REUTERS/ Mohamed Al Hwaity. Saudi Arabia, the world's biggest oil producer, is beginning ...

9NEWS.com
NC improves ranking in business climate report
Winston-Salem Journal
The top individual category ranking for North Carolina was in corporate tax structure, from 18th in 2015 to seventh for 2016 and fourth for 2017. The ranking for individual income tax has gone from 15th in 2015 to 14th in 2016 and back to 15th in 2017.

Bloomberg
Takata's Tricky Protection Racket
Bloomberg
David Fickling is a Bloomberg Gadfly columnist covering commodities, as well as industrial and consumer companies. He has been a reporter for Bloomberg News, Dow Jones, the Wall Street Journal, the Financial Times and the Guardian.

Bloomberg
Billionaire Li Takes Long-Term Bet on Newly Listed Postal Bank
Bloomberg
Billionaire Li Ka-shing, Hong Kong's richest person, has made a “long-term investment” in Postal Savings Bank of China Co., which listed on the city's stock exchange Wednesday. The chairman of CK Hutchison Holdings Ltd., his three charitable ...

Bloomberg
EpiPen's $69 Cost in Britain Shows Other Extreme of Drug Pricing
Bloomberg
The EpiPen allergy shot, enmeshed in controversy because it sells for almost as much as the latest iPhone in the U.S., costs less than its leather case in Britain. The price of an EpiPen two-pack has surged to more than $600 in the U.S., sparking a ...

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