Banking watchdog tightens leash on Wells Fargo: report
Wells Fargo & Co. must now allow more oversight of its operations after a regulator revoked key parts of a September settlement in a sales practices scandal, the Wall Street Journal has reported. The San Francisco bank has to get permission from the Office of the Comptroller of the Currency before taking on or dismissing senior executives or overhauling its board of directors, and Wells Fargo can no longer make “golden parachute” payments to executives leaving the company. In an announcement l..>> view originalHong Kong firms in China charm-push ahead of Hong Kong-Shenzhen investment link
By Samuel Shen and John Ruwitch | SHANGHAI SHANGHAI Scores of Hong Kong-listed companies - many small - are on a roadshow blitz in China to whet the appetite of mainland investors ahead of the launch of a cross-border investment link between Shenzhen and Hong Kong. Mainland investors are enthusiastic, viewing the cross-border channel as a way to buy relatively cheap growth companies and hedge against a rapidly falling yuan, which hit an eight-year low on Friday against the dollar. "Valu..>> view originalAutumn Statement: UK economy must be 'match fit' for Brexit
Media captionPhilip Hammond urged MPs to support Theresa May in her Brexit negotiations Chancellor Philip Hammond has said he aims to make the economy "match fit for the opportunities and challenges ahead" as the UK approaches Brexit. Ahead of his first Autumn Statement, he said the economy was facing "a larger degree of uncertainty than usual" and he intended to make it "water-tight".The Treasury has confirmed an extra £1.3bn will be spent on UK roads to cut congestion and upgrade local ro..>> view originalObama to meet Australia, Canada leaders before return to US
U.S. President Barack Obama speaks at a town hall with Young Leaders of the Americas Initiative (YLAI) in Lima, Peru, Saturday, Nov. 19, 2016. Obama, speaking on the margins of an Asia-Pacific summit, said tensions over trade are likely under the new ...>> view originalAs More States Legalize Marijuana, Investors And Marketers Line Up
People attend the Cannabis World Congress Expo on June 19, 2015, in New York City. The fledgling legal market for marijuana is around $7 billion, industry researchers say. Andrew Burton/Getty Images hide caption toggle caption Andrew Burton/Getty Images People attend the Cannabis World Congress Expo on June 19, 2015, in New Y..>> view originalDonald Trump actually has very little control over green energy and climate change
Yes, there are reasons to fear an impending environmental disaster: Donald Trump has spent much of his campaign claiming the mantle of climate-change-denier-in-chief, and his vice-presidential running mate isn’t much better. Now they are mulling their picks for key Cabinet posts: Interior Secretary Sarah “Drill, baby drill” Palin, if elephant hunter Donald Trump Jr. doesn’t get that gig? Energy Secretary Harold Hamm, if the oil and gas mogul decides he is willing to spend the Trump administrati..>> view original4 things to know before shopping for Black Friday doorbuster deals
Lauren Schwahn, NerdWallet 6:32 a.m. EST November 20, 2016Stacy Levine, left, and Melissa Bragg shop at a Toys R Us in Atlanta on Black Friday in 2015. Serious deal-seekers are already planning their Thanksgiving weekend shopping.(Photo: Bob Andres, AP)Shopping for Black Friday doorbuster deals is like gambling: You might hit the jackpot or you might walk away empty-handed, with a wallet to match.If you want to play your cards right, plan ahead. Here are four things you should know..>> view originalAshton Kutcher At Airbnb Event: Actor Interrupted On Stage By Demonstrator Protesting Airbnb In West Bank Settlements
A panel boasting of actor Ashton Kutcher at the Airbnb Open 2016: A Festival of Hosting event in Los Angeles on Saturday was stormed by a demonstrator protesting the company’s presence in the occupied West Bank.Just as the celebrity investor started a discussion with Airbnb chief executive Brian Chesky, the protester — a woman named Ariel Gold — climbed onto stage saying the company was responsible for illegal activity by allowing residents in West Bank settlements to list their homes through th..>> view original
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