Markets

Wells Fargo claws back another $75m from former bosses

Monday's report backs up those employees' stories. Sloan said the company is not taking back any employees who were dismissed for violating the company's code of ethics. "Even when challenged by their regional leaders, the senior leadership of the community bank failed to appreciate or accept that their sales goals were too high and becoming increasingly untenable", according to the report. [Full Article...]

Local women talk wage gap on Equal Pay Day

It's clear that women's fight for pay equity and work opportunities is far from over. The good news? New York State - along with DE - boasts the smallest gender wage gap in the U.S: A woman here or in DE makes an average of 89 cents for every dollar made by a male colleague. [Full Article...]

North Korea 'will test missiles weekly', senior official tells BBC

A day after a failed North Korean missile test, U.S. President Donald Trump had a message Monday for the North's ruler: "'Gotta behave". The statement from North Korean Deputy Ambassador Kim In Ryong followed warnings from US Vice President Mike Pence to Pyongyang not to test US resolve following another missile test. [Full Article...]

Air India proposes hefty fines for unruly passengers

Air India proposes hefty fines for unruly passengers Lawyers say that while regulators have the right to slap fines for "unruly behaviour" after properly defining the term, fines slapped by airline corporations may not stand legal scrutiny. Air India has decided that it will let the law take its own course with regard to the two FIRs filed against Gaikwad - one for assault on its employee and one for forcible occupation of aircraft. [Full Article...]

United Airlines changes passenger removal policy

When the two flights were identical, 79 percent of respondents who said they had heard about United in the news chose the American Airlines flight. "They were asked to leave the plane by our staff and complied." local USA media quoted the airlines saying in a statement. [Full Article...]

Wenger unsure whether Arsenal players affected by uncertainty over his future

Wenger unsure whether Arsenal players affected by uncertainty over his future We have to consider our financial potential to sustain the wages for the whole squad . But Arsenal secured their first away win in five Premier League matches when Sanchez floated a ball into the box which Aaron Ramsey cleverly chested down to Ozil who made no mistake from close range. [Full Article...]

Stocks, dollar under pressure on soft US data

Stocks, dollar under pressure on soft US data Treasuries yield fell to 2.200 percent on Thursday, before market holiday on Friday, hitting their lowest level since mid-November. Barring a major shock in the China readings, markets are expected to remain focused on US data and its possible impact on the pace of interest rate hikes, and concerns over North Korea and the French presidential election . [Full Article...]

Incyte (INCY) And Eli Lilly (LLY) Are Sinking After FDA Rejection

Incyte (INCY) And Eli Lilly (LLY) Are Sinking After FDA Rejection It was approved in the European Union in February this year. Lilly and Incyte said t they disagreed with the FDA's decision and would resubmit their application after discussing a timeframe with the agency. It will likely also limit the peak potential of the product given the competitive nature of the rheumatoid arthritis market and the fact that we expect PFE's Xeljanz will lose it United Sta... [Full Article...]

Thumbs up: Wells Fargo claws away at problem

In January, the board fired four executives the board said had ties to the scandals. Multiple former Wells Fargo employees have come forward claiming that they got fired after tipping off the bank's human resources department about the shady activity they saw. [Full Article...]

Ivanka Trump Says 'Women Deserve Equal Pay for Equal Work'

Because women earn less on average, they must work longer for the same pay. Companies will also be encouraged to publish "action plans" showing how they will attempt to close any gaps. A woman would have to work until she is 71 years old to make what a man makes by the time he is 60 years old. It's 2017, 21 years after the establishment of Equal Pay Day, and women are still paid an average of ... [Full Article...]

Sensex down by 88 points on global weakness

Sensex down by 88 points on global weakness The gauge has now lost 374.69 points in three sessions. Asian shares showed a weak trend after geo-political muscle-flexing over Syria, Afghanistan and the Korean Peninsula, which weighed on sentiment. Top losers in the Sensex-30 pack: NTPC (down 3.3 per cent), Sun Pharma (down 2.2 per cent), Coal India (down 1.8 per cent), Asian Paints (down 1.8 per cent) and ONGC (down 1.1 per cent). [Full Article...]

Texas mom accused of shooting video, photos of child's abuse

Texas mom accused of shooting video, photos of child's abuse Broadnax, who said she began receiving the messages on April 13, said Peterkin indicated she was angry about the father's new girlfriend. Officers said they saw video of the toddler experiencing difficulty breathing as "an adult hand was seen stuffing a plastic bag" into his mouth and a photo of the boy "with a plastic bag over his head" tied in a knot, Click2Houston reported. [Full Article...]

Trump Moves to Stabilize the Obamacare Exchanges

Nonetheless, the nonpartisan Congressional Budget Office says the ACA markets will be stable next year in most areas. Insurers that stay would probably raise premiums, leaving consumers in the individual marketplace with bigger bills. House Speaker Paul D. Ryan, R-Wis., indicated at a news conference late last month that if the lawsuit ends up in court, it could take months - but that the paymen... [Full Article...]

Andre Johnson to sign one-day contract to retire a Texan

Andre Johnson to sign one-day contract to retire a Texan Johnson was the third overall pick in the 2003 National Football League draft and certainly lived up to the hype that followed him coming out of the University of Miami. Johnson is Houston's all-time leader in almost every receiving category including career receptions (1,012), receiving yards (13,597), receiving touchdowns (64) and 100-yard games (51). [Full Article...]

The World's First Production-Ready Flying Car Is Finally Here

The World's First Production-Ready Flying Car Is Finally Here In 2014, the company released a vehicle called the AeroMobil 3.0. "AeroMobil aims to make personal transportation vastly more efficient and environmentally friendly by allowing significantly faster door-to-door travel for medium-distance trips and in areas with limited or missing road infrastructure", AeroMobil representatives said in a statement . [Full Article...]

Trump Denounces Tax Return Protest: "Election Is Over!"

Donald Trump accused the Tax March of being a paid protest , which is really just his latest sign of disrespect toward the American people. "What's the big deal about my taxes?" "You don't know which way the country goes", said Arlin next to her 89-year-old husband who fled Czechoslovakia during World War II. [Full Article...]

Running With The Trending Stocks: Abraxas Petroleum Corporation (AXAS), First Bancorp (FBP)

Running With The Trending Stocks: Abraxas Petroleum Corporation (AXAS), First Bancorp (FBP) Scotiabank's price target points to a potential upside of 9.67% from the company's previous close. Other analysts have also issued research reports about the stock. Cullinan Associates Inc. raised its position in shares of Marathon Petroleum Corp (NYSE:MPC) by 0.9% during the first quarter, according to its most recent filing with the SEC. [Full Article...]

Employees check-in policy changed after passenger's forcible removal

Employees check-in policy changed after passenger's forcible removal Law enforcement officials dragged Dr Dao off a flight departing from Chicago because it was fully booked, and the airline wanted seats for staff members. "In the first quarter of 2017, our financial and operational performance gives us a lot of confidence about the foundation we are building", Chief Executive Oscar Munoz said in a statement. [Full Article...]

AT&T just made a big bet on 5G connectivity

AT&T just made a big bet on 5G connectivity The US operator will acquire Straight Path, which owns rights in the 28GHz and 39HGz spectrum band, for nearly three-times the market value of its stock. That spectrum will be crucial if AT&T wants to deploy a large-scale wireless network running on 5G. It is widely considered that the network will be an opportunity worth billions of dollars and that carriers do not have that many targets for ... [Full Article...]

After Initially Defending Staff, United Airlines Boss Apologizes for 'Horrific Incident'

After Initially Defending Staff, United Airlines Boss Apologizes for 'Horrific Incident' The Munoz who is actually CEO of United Airlines finally apologised to Dao for the "truly horrific event" that has elicited "many responses from all of us: outrage, anger, disappointment". "I am not going", Dao said. In an interview on " Good Morning America " on ABC, United CEO Oscar Munoz vowed his airline never again would have police remove a paid customer from a plane if no one decides to... [Full Article...]


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