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Category : Business (Archive for 2017-07-30) News by Google
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Reuters
Wells Fargo faces angry questions after new sales abuses uncovered
Reuters
NEW YORK (Reuters) - New revelations that Wells Fargo & Co (WFC.N) spent years enrolling unknowing borrowers in costly auto insurance has put the bank under new pressure to answer for a months-long scandal over sales practices that have harmed ...

Reuters
Exxon Mobil profit disappoints Wall Street, Chevron shines
Reuters
HOUSTON (Reuters) - Exxon Mobil Corp (XOM.N) posted a rare earnings miss on Friday, the only international oil producer to do so last quarter, as production slipped in its African and Canadian operations. Exxon's results were overshadowed by rival ...

Washington Post
Here's what we know about Tesla's Model 3
Washington Post
FREMONT, Calif. — Until Friday, Tesla had released few details about its newest vehicle and its pricing structure — one that would lower the entry barrier into the company's luxury niche. But Musk was more specific on Friday night, when the company ...

Reuters
Sprint seeks alternatives to a merger with T-Mobile: sources
Reuters
(Reuters) - Sprint Corp (S.N) has proposed a merger with Charter Communications Inc (CHTR.O) as the wireless carrier seeks an alternative to a deal with T-Mobile US Inc (TMUS.O) that has so far not come to fruition, according to sources familiar with ...

Washington Post
David Bradley is selling the Atlantic magazine to Laurene Powell Jobs's nonprofit
Washington Post
Emerson Collective, a little-known but big-money group funded by Laurene Powell Jobs's Apple fortune, took its biggest step into the scrutinizing national spotlight Friday by agreeing to acquire a majority stake in Washington-based Atlantic magazine.

Washington Post
Court: FAA must reconsider regulating airline seat size
Washington Post
An appeals court panel said Friday that federal officials must reconsider their decision not to regulate the size of airline seats as a safety issue. One of the judges called it “the Case of the Incredible Shrinking Airline Seat.” The Flyers Rights ...

USA TODAY
Jury deliberations to start Monday in 'Pharma Bro' Martin Shkreli's fraud trial
USA TODAY
NEW YORK — So-called "Pharmacy Bro" Martin Shkreli gets to vent his views on Facebook Live for at least another 2½ days. Jurors are set to begin weighing his fate on criminal fraud charges on Monday after a prosecutor ended closing legal arguments by ...

Sacramento Bee
It's National Lipstick Day on Saturday. Here's where you can find free lipstick
Sacramento Bee
There seems to be a day for everything, so most people are likely unaware that Saturday marks National Lipstick Day. That means plenty of deals and sales across the country, but none are simpler or cheaper than what MAC Cosmetics is offering: free ...

Washington Post
The Latest: Wisconsin Foxconn deal waives regulations
Washington Post
MADISON, Wis. — The Latest on the Foxconn plant announced for Wisconsin (all times local):. 4:50 p.m.. A wide array of Wisconsin environmental regulations would be waived under a proposal put forward by Gov. Scott Walker to lure electronic ...

The Maritime Executive
Shell Gets Ready for "Lower Forever" Oil Prices
The Maritime Executive
On an earnings call Thursday, Royal Dutch Shell CEO Ben van Buerden said that the firm has adopted a "'lower forever' mindset” with a focus on controlling costs. His long-term strategy is to be "fit for the forties." While oversupply is the driving ...

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