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Business

CEO: Wells Fargo has hired back 1000 employees since scandal

Workers were paid and promoted based on sales goals that executives knew were often unattainable, according to the report . The review of the cases is ongoing, the report said, and has included files for almost 900 ex-employees who were fired within a year after calling in a tip to the bank's ethics hotline or within a month of the bank disclosing in a $ 185 million settlement in September that employees had opened as many as 2 million accounts without customer permission.

Business

Pinnacle Foods Inc (PF) Raised to Overweight at Morgan Stanley

Finally, William Blair assumed coverage on shares of Pinnacle Foods in a report on Friday, January 27th. They set an outperform rating for the company. The ex-dividend date is Wednesday, April 5th. This represents a $0.56 annualized dividend and a yield of 1.64%. Last session Whole Foods Market, Inc.

Business

Credit Suisse faces pay fight

Total board compensation will stay at the level of 2015 and 2016, with no incremental increase in 2017 as previously proposed, according to the statement . "Feedback on the group's strategy and its execution has been supportive", Credit Suisse said in its statement. Brandes Investment Partners LP boosted its stake in Credit Suisse Group AG by 4.1% in the third quarter.

Business

Cristiano Ronaldo: "The two goals in Munich were incredible"

We're backing Under 2.5 Goals at 2.6. The Brazilian forward is banned for tomorrow's visit to Real Sociedad and the "Clasico" showdown at Real Madrid the following week, plus the game against basement club Osasuna, with Paco Alcacer likely to take his place.

Business

Atlanta storm halts thousands of Delta Air flights

Eight of those were to Minnesota, said Patrick Hogan, spokesman for the Metropolitan Airports Commission. The airline said it canceled about 275 flights Saturday, and at least half a dozen flights to Raleigh-Durham Airport were either canceled or delayed.

Business

End of drought? Device harvests water from air

Two-thirds of the world's population experience water shortages yet there is an estimated 13,000 trillion litres in the atmosphere. These water droplets then move into the collector section from where clean drinking water can be obtained.

Business

Barrie's unemployment rate improves slightly in March

The retail trade , contracting in the throes of a long decline in foot traffic and sales, lost 30,000 positions. The majority of gains occurred in professional and business services and in mining. But for men , the unemployment rate stayed steady at 4.3 percent. "Another month, another boatload of jobs for a Canadian economy that is showing plenty of momentum", commented CIBC economist Avery Shenfeld.

Business

Foxconn asks for SoftBank cooperation in bid for Toshiba chip unit: Nikkei

This business reported a profit of $934 million dollars on the sale of $5.8 billion dollars. The report assumes that Toshiba would maintain a partial stake to keep the business under the USA and Japanese control. As Hon Hai is now not producing chips, it does not have to undergo investigation regarding a monopoly issue in the U.S. and the European Union, which means a transaction can be completed more quickly than chipmakers SK hynix or Western Digital.

Business

Why one day of thunderstorms turned into a 5-day Delta meltdown

More cancellations are possible, Delta said. The thunderstorm hit Wednesday, but canceled flights and long lines in Atlanta continued today. Delta is offering customers refunds if their flight is canceled and they do not travel, and will waive change fees for customers.

Business

Rival Airlines Pounce On United's Bad Press

United CEO Oscar Munoz apologized for the incident and said Tuesday that the company would no long ask police to remove passengers from full flights. At this point, without direction and outside the control of United Airlines or the Republic crew, the Chicago Department of Aviation forcibly removed the passenger.

Business

Buffett's firm selling some of its Wells Fargo shares

Warren Buffett's Berkshire Hathaway Inc sold more than 7 million shares of Wells Fargo & Co stock and plans to divest additional shares to get below the Federal Reserve's 10 per cent threshold for ownership in a bank. As a result, Berkshire filed a Notice of Change in Control with the Board of Governors of the Federal Reserve System. Berkshire intends to reduce its ownership in Wells Fargo common stock below 10% within 60 trading days, it said.

Business

East Tennessee veterans respond to Afghanistan bombing

While Trump's newfound interventionist attitude was welcomed by hawks in his own party and even some opposition figures, Democrat Representative Jackie Speier voiced concerns over increasing United States military involvement in Afghanistan following Thursday's bombing.

Business

Christians enter holiest of days of their faith this weekend

By the grace of God, that message continues to be proclaimed around the world today. This is who we are. How the Father in heaven so loved us as to send His Son to die on the Cross to save us from our sins and how the Son so loves us and wants nothing else but our love.

Business

BC Liberal Platform Promises Limited New Spending, Caps to Bridge Tolls

The promise comes barely a week after electricity rates jumped nine per cent, and BC Hydro said in November that rates would climb another 16.5 per cent over the next four years. "I don't want to take another dollar from the Steelworkers or anybody else that's not an individual", he said. Half as many respondents, 28 per cent, said the "Clark government has done a good job and deserves re-election".

Business

Lawyer: United Passenger Suffered Broken Nose, Concussion

The Cummingses said Dao was not belligerent and got only mildly upset when a second security officer arrived, demanding he leave the plane, they said. Demetrio said he "probably" will file a lawsuit on Dao's behalf, but is doing due diligence to make sure "every word, every proposition in the lawsuit needs to be there".

Business

Congress to move amendments to GST bills on Wednesday

Jaitley was briefing the party MPs after BJP's parliamentary party meeting here which was also attended by Prime Minister Narendra Modi, Parliamentary Affairs Minister Ananth Kumar told reporters after the meeting. This is because Article 370 of the Constitution grants special autonomous status to the state and Parliament of India has power to make laws only on defence, external affairs and communication related matters of the state.

Business

Lansing, Michigan, Will No Longer Declare Itself a 'Sanctuary City'

They are sparring with President Donald Trump's administration over their decision not to allow cooperation between their police departments and US immigration authorities for sudden deportations. "The term "sanctuary" in the resolution has become very problematic and distracting — so distracting in my opinion that's it's taken away from the intent of our resolution, which is to protect individuals", said Councilwoman Judi Brown Clarke.

Business

Trump advisers Stephen Bannon, Jared Kushner 'hold peace talks'

As rumors swirl that the ouster of Bannon, and White House Chief of Staff Reince Priebus, is imminent, the strategist is getting set for battle. President Trump's son-in-law, Jared Kushner, flew into Iraq on Monday with the top USA general to get a first-hand assessment of the battle against ISIS from US commanders on the ground and Iraqi leaders.

Business

What we've learned from Wells Fargo's sales abuse report

Witnesses told Wells Fargo investigators that Conboy encouraged bankers to sell duplicate accounts regardless of customer need. But Monday's report indicates that additional employees were fired for similar activity years earlier. As The Wall Street Journal first observed, Tolstedt's name is mentioned 142 times in the 113-page document. California and Arizona had a "considerably higher" number of such accounts per employee compared with other areas of the country where the bank ...

Business

Lawyer: Dragged passenger 'poster child' for airline abuses

Attorney Thomas Demetrio said at a news conference Thursday that Dr. David Dao has been discharged from a hospital but will need reconstructive surgery. Margaret Houlihan Smith, managing director of government affairs for United, told aldermen that the airline is also conducting its own review and will publicly release its findings by the end of the month.

Business

Daughter of dragged United Airlines passenger speaks out

United CEO Oscar Munoz, who initially commended the way the incident was handled in an internal memo to employees, appeared on Good Morning America Wednesday after United's stock tanked and apologized to Dao . Dao's attorney, Thomas Demetrio, indicated the family would be filing a lawsuit against United in the Circuit Court of Cook County, but did not say when it would be filed.

Business

Passenger dragged on United suffered concussion, broken nose: lawyer

He suffered a concussion, a broken nose and two missing teeth when security officers forced him off the plane against his will, banging his head on armrests in the process. Dao's lawyer, Thomas Demetrio, said he plans to sue United and the authorities who manhandled his client. First, we are committing that United will not ask law enforcement officers to remove passengers from our flights unless it is a matter of safety and security.

Business

Wells Fargo rehires about 1000 staff in wake of account scandal

At HR, she was long aware of issues with sales practices, but didn't initially understand them to be pervasive, investigators said. Last month, Mack restructured the community bank's leadership. Two influential advisory firms have also recommended significant changes to the company's board. An investigation conducted by outside investigators concluded that the leaders of the company had not acted swiftly to contain the problem.

Business

The 'beautiful' chocolate cake Trump was eating

Trump then misspoke, saying that he bombed Iraq before Bartiromo corrected him with a reminder that it was Syria. "And I said, Mr. President, let me explain something to you". And I said, 'Mr. "We were nearly finished". When he was asked how the Chinese President reacted, Mr Trump said: "He paused for 10 seconds and then he asked the interpreter to please say it again".

Business

USA vote paves way for sale of personal customer data

Critics say the rules opened the door to potential government rate regulation, tighter oversight and would provide fewer incentives to invest billions in broadband infrastructure. FCC Chairman Pai and other Republicans want a different federal agency, the Federal Trade Commission, to police privacy for both broadband companies like AT&T and internet companies like Google .

Business

Wall Street's Bull Sculptor Demands Removal of Fearless Girl

His lawyer, Norman Siegel, said the girl's presence makes the bull "representational of male dominance and Wall Street" instead. The sculptor had installed the massive bronze beast in front of the New York Stock Exchange after the 1987 stock market crash in the middle of the night without a permit .

Business

Canada high: Marijuana set to be legalised for recreational use

Hydropothecary's branding, marijuana product offering, patient service standards and product pricing are consistent with THCX's positioning as a premium brand for a legal source for medical marijuana within this new marketplace. Stocks in most marijuana producers were down for the day. "Senior researchers at Harvard, University of Colorado, Boston Children's Hospital, and other public health research universities, found surges in youth pot use, hospital visits among young children, ...

Business

Dragged United passenger likely to sue

The 69-year-old physician from Elizabethtown, Kentucky, was removed by police from the United Express flight Sunday at Chicago's O'Hare Airport after refusing to give up his seat on the full plane to make room for four airline employees. "We are committing that United will not ask law enforcement officers to remove passengers from our flights unless it is a matter of safety and security".

Business

No positive shift yet on US-Russia ties

He said Russian Federation vetoed a Western draft United Nations resolution Wednesday because it failed to mention the need to inspect the area of the attack. Activists and monitoring groups have continued to record chemical weapons attacks on opposition-held areas. Syria joined the OPCW in 2013 under severe worldwide pressure following a deadly chemical attack on a Damascus suburb.

Business

US Drops Biggest Non-Nuclear Bomb Ever Used In Combat

A GBU-43/B Massive Ordnance Air Blast Bomb (MOAB), nicknamed the " mother of all bombs ", was dropped at 7:32 p.m. local time, according to four United States military officials with direct knowledge of the mission. The military statement added: "U.S. Forces took every precaution to avoid civilian casualties with this strike". "So we have incredible leaders in the military, and we have incredible military".

Business

AFP interview: Syria's Assad says Idlib chemical attack 'fabrication

Tillerson rebuked Russian Federation for its aggression in Ukraine. Syrian dictator Bashar Assad claims he didn't use chemical weapon against his own people, and adds that any reports claiming that he did are fake news. Trump and others have indeed threatened similar action. "President (Putin) gave a rather detailed account to his interlocutor (Tillerson) on his stance on the reasons that have led our bilateral relations to such a sad condition in which they are now", Peskov said.

Business

Pentagon: U.S. dropped largest non-nuclear bomb in Afghanistan

Nicholson added , "This is the right munition to reduce these obstacles and maintain the momentum of our offensive against ISIS-K". "It is upon us, Afghans, to stop the United States of America", he added. But California Democrat Rep. Jackie Speier voiced concerns about potentially increasing U.S. military involvement in Afghanistan. Trump praised the military for the bombing run and called it "another very, very successful mission ".

Business

North Korea next in Trump's crosshairs

Trump aides said leaders exhibited "positive" chemistry. Trump repeatedly bashed China on the campaign trail and upon taking office, blaming it for the loss of American jobs, reported Politico news. The attack against a Syrian air base was the first US assault against the government of President Bashar Assad. US military strikes against Syria over its alleged use of chemical weapons are a warning to other nations, including North Korea, that "a response is likely" if they pose a danger, ...

Business

United passenger suffered broken nose, concussion

We want respect and we want dignity. Not a big deal. He has hired lawyers who told a news conference Thursday they expect to file a lawsuit against the airline . Passenger video of the incident went viral, particularly in Asia, after it was noted that Dao is a Vietnamese-American. Dao suffered injuries, including a severe concussion, a broken nose and an unspecified injury to his sinuses, Demetrio said.

Business

'Charging Bull' Sculptor Demands 'Fearless Girl' Statue Be Moved

The "Fearless Girl" statue , a four-foot statue of a young girl , defiantly looks up the iconic Wall Street " Charging Bull " sculpture in New York City, United States on March 29, 2017. USA Today Di Modica as saying , "The bull represents strength, the strength of America, the strength of the market". When the girl was first positioned in front of the bull, it was accompanied by a plaque stating "Know the power of women in leadership".


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