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Wells Fargo’s new CEO has $23 million pay compensation

Wells Fargo’s new CEO has $23 million pay compensation

He's now the head of Bank of New York Mellon. Sloan took over in 2016 after the departure of John Stump following two contentious Congressional hearings on the creation of more than 3 million fake...

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Jetstar plans to cut regional NZ routes

Jetstar plans to cut regional NZ routes

The flag carrier of the country has announced that it is stepping in and will allow "affected Jetstar customers" to book a "seat-only fare for the same route on the same day" if scheduling aligns wi...

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China Stocks Plunge as White House Weighs Investment Curbs

According to the report, which cites people familiar with the internal deliberations, the Trump administration is considering delisting China-based companies from USA exchanges. Trump officials are al...

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The best airports in America in 2019-ranked

The best airports in America in 2019-ranked

Mega airports are defined by those serving at least 33 million customers a year. "Indianapolis International Airport is one of the best airports in the country, greeting guests from around the globe...

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Flight diverted to Denver after passenger stuck in bathroom

Flight diverted to Denver after passenger stuck in bathroom

A broken bathroom door created a travel nightmare for passengers on a United Airlines flight on Wednesday - including the one flier who was stuck inside the restroom. 'Everyone clapped, the woman came...

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Arby’s parent Inspire Brands buys Jimmy John’s Sandwiches

Arby’s parent Inspire Brands buys Jimmy John’s Sandwiches

Jimmy John's was founded in 1983 in IL. Aaron Allen, the founder of Aaron Allen & Associates , a leading consulting firm in the restaurant industry, said that this move works well with Inspire's re...

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Amid US sanctions, Venezuela tinkers with using Bitcoin for worldwide transactions

The institution would then use the cryptocurrency to pay the oil company's suppliers. Per a report from Bloomberg - who claim that president Nicolás Maduro now has a "Bitcoin stash he doesn't know...

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German prosecutors charge VW bosses with ‘dieselgate’ market manipulation

German prosecutors charge VW bosses with ‘dieselgate’ market manipulation

The company has attempted to put the emissions scandal behind it for some time, the indictments of the executives and in particular, Chief Executive Herbert Diess is a huge blow to the firm. Poetsch...

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Tobacco giant: U.S. vaping backlash sparks profit warning at Imperial

Tobacco giant: U.S. vaping backlash sparks profit warning at Imperial

Shares of the maker of blu slumped more than 10% as it said it had seen a "marked" slowdown in the U.S. vaping market in recent weeks, with rising numbers of wholesalers and retailers not ordering or ...

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Toyota GT86 and Subaru BRZ sports cars confirmed for next generation

Toyota GT86 and Subaru BRZ sports cars confirmed for next generation

Subaru will spend the same amount to buy a stake of less than 1 percent in Toyota , it said. The deal is due to be approved at a Toyota board meeting on Friday, the people said, declining to be ide...

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Financing from Western banks not 'very smooth', says Huawei founder

Financing from Western banks not 'very smooth', says Huawei founder

Last week, the company launched a new 5G flagship smartphone in Europe without popular Google apps and services such as YouTube and Gmail because of the U.S. The ruling has impacted both Huawei's ...

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Ford Super Duty Can Tow 37000 Pounds

Ford Super Duty Can Tow 37000 Pounds

As for the aforementioned 7.3-litre V8, it delivers best-in-class power (430 hp) and torque (475 lb-ft) among gasoline V8 engines. Those thinking the 1,000+ torque rating is novel, think again. Like...

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$250,000 theft at JFK International results in Delta employee arrest

$250,000 theft at JFK International results in Delta employee arrest

A baggage handler for Delta Airlines on Thursday was arrested on allegations that he stole $300,000 from a bag at John F. Kennedy Airport in NY. He called out sick from work the next two days, NBC 4...

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GM reverses course, says strikers will keep health coverage

GM reverses course, says strikers will keep health coverage

Contract talks proceeded into Thursday night, a day after Dittes composed a letter to individuals saying that advisory groups had completed their work and the discussions had moved to the fundamental ...

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Airline offers a way for passengers to avoid seats next to babies

Airline offers a way for passengers to avoid seats next to babies

Rahat Ahmed wrote: 'Thank you, @ JAL_Official_jp for warning me about where babies plan to scream and yell during a 13-hour trip. "This really ought to be mandatory across the board", tweeted one s...

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Tinder Owner Sued for Using Fake Profiles in Ads on Match.com

Tinder Owner Sued for Using Fake Profiles in Ads on Match.com

Match's own analysis found that consumers purchased nearly 500,000 subscriptions within 24 hours of receiving an ad related to a fraudulent communication from June 2016 to May 2018, the FTC said . Th...

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GM turns around course, says strikers will keep wellbeing inclusion

GM turns around course, says strikers will keep wellbeing inclusion

That move to pull health care benefits outraged union members and UAW Vice President Terry Dittes, the chief bargainer at the table with GM, had urged the company to reinstate its plan through the e...

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IAG says British Airways pilots' strike cost £121m

IAG says British Airways pilots' strike cost £121m

At the time, the British Airline Pilots Association (Balpa) said it was now time for a period of reflection before the dispute "escalates further and irreparable damage is done to the brand". The BA s...

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London to Sydney in less than 5 hours with SABRE rocket plane

London to Sydney in less than 5 hours with SABRE rocket plane

According to the head of the UK Space Agency, recent technology advancements will mean that flying from anywhere in Europe to Australia could take just four hours in just ten years' time. Trials of th...

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US Federal Reserve cuts interest rates, signals holding pattern for now

US Federal Reserve cuts interest rates, signals holding pattern for now

The president has frequently criticized that the Fed "fails to act", arguing that it "does nothing" or only "sits, and sits, and sits" in an environment of low inflation and though other central banks...

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DoorDash security breach affects almost 5 million users

DoorDash security breach affects almost 5 million users

The San Francisco-based startup said it was alerted to the breach earlier this month after it noticed unusual activity involving said third-party service provider. "The information accessed is not ...

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US House passes bill giving pot businesses access to banking

US House passes bill giving pot businesses access to banking

Banking reform is a major step toward normalization and some form of federal recognition of cannabis as a legitimate industry. The U.S. House of Representatives passed a bill Wednesday that would gr...

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Peloton deepens IPO slump with 11% tumble in trading debut

Peloton deepens IPO slump with 11% tumble in trading debut

Peloton offered 40 million shares at an initial public offering price of $29 per share, the high end of an expected range of $26 to $29 apiece. Peloton Interactive Inc . For the year ended June 3...

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Census: Inequality grew, including Texas

Census: Inequality grew, including Texas

Census Bureau . "The increase in income inequality reported in today's Census Bureau release doesn't tell the whole story: in the USA, wealth inequality is even more extreme than income inequa...

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Morrison Channels Trump And Lays Into Young Climate Activists & The Media

Morrison Channels Trump And Lays Into Young Climate Activists & The Media

Mr Morrison, who snubbed a major United Nations climate summit two days earlier, also said the Great Barrier Reef was "vibrant and resilient", weeks after his own government downgraded the world her...

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China Market rises on hope over US-China relations

China Market rises on hope over US-China relations

Eastern time. The Dow Jones Industrial Average rose 51 points, or 0.2%, to 27,000. In Hong Kong the Hang Seng index gained 0.3% to 26,304.05 after Hong Kong leader Carrie Lam told reporters she ho...

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Banks, NBFCs, MFIs not facing liquidity issues: Nirmala Sitharaman

Banks, NBFCs, MFIs not facing liquidity issues: Nirmala Sitharaman

On September 19, Sitharaman had said the banks will organise credit "Shamiana meetings" for customers and NBFCs across 400 districts in the next 25 days, in an attempt to boost liquidity in the syst...

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FT: SoftBank likely to funnel $1B more into WeWork after delayed IPO

FT: SoftBank likely to funnel $1B more into WeWork after delayed IPO

The plan calls for the Japanese firm's initially planned investment of $1.5 billion in WeWork, giving the US company the right to receive the money in April next year in exchange for Class A common st...

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McDonald's to offer Beyond Meat burger in Ontario pilot project next week

McDonald's to offer Beyond Meat burger in Ontario pilot project next week

Demand does appear to be shifting toward incorporating more plant-based protein into their diets for a combination of financial, environmental, humanitarian and health reasons. Impossible Foods has be...

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Gold gains ground on bargain hunting, strong dollar caps gains

Gold gains ground on bargain hunting, strong dollar caps gains

December gold fell $27.90, or 1.8%, to settle at $1,512.30 an ounce.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Iranian President Hassan Rouhani demand...

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