Google’s home delivery service, Google Express, hits New England Google’s home delivery service, Google Express, hits New England : Google today announced an expansion of its home delivery shopping service Google Express, which is now available across a large part of the East Coast. The service lets online shoppers order […]
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Business
German Bonds Fall First Time in 4 Days After OPEC Oil Output Cut German Bonds Fall First Time in 4 Days After OPEC Oil Output Cut : German 10-year bonds declined for the first time in four days amid speculation that OPEC’s decision to cut crude production will help policy […]
Lawmakers Won’t Let Wells Fargo Forget Its Scandal Anytime Soon Lawmakers Won’t Let Wells Fargo Forget Its Scandal Anytime Soon : Wells Fargo & Co. should prepare itself for a long stay in the Capitol Hill hot seat because it ran afoul of Elizabeth Warren’s favorite regulator. Revelations that the […]
Novo Nordisk Plans to Cut 1,000 Jobs Amid Diabetes Price War Novo Nordisk Plans to Cut 1,000 Jobs Amid Diabetes Price War : Novo Nordisk A/S plans to trim about 1,000 jobs, or 2 percent of the workforce at the world’s biggest maker of insulin, to cut costs as it […]
Commerzbank to Slash Jobs, Scrap Dividend in Broad Revamp Commerzbank to Slash Jobs, Scrap Dividend in Broad Revamp : German lender to cut 9,600 jobs as part of new CEO’s plan to shrink the bank.FRANKFURT— Commerzbank AG on Thursday said it plans a wide-ranging overhaul that includes laying off close […]
Wells Fargo Claws Back Millions From CEO After Scandal Wells Fargo Claws Back Millions From CEO After Scandal : Wells Fargo & Co. Chairman and Chief Executive John Stumpf will forfeit $41 million for the bank’s burgeoning sales scandal, marking one of the biggest rebukes to the head of a […]
Tyson recalls 130,000 pounds of chicken nuggets Tyson recalls 130,000 pounds of chicken nuggets : (CNN)Tyson Foods is voluntarily recalling more than 130,000 pounds of cooked chicken nuggets because they may contain hard plastic, the US Department of Agriculture’s Food Safety Inspection Service said Tuesday. The recall was issued after […]
Deutsche Bank Sells Abbey Life Unit to Phoenix for $1.2 Billion Deutsche Bank Sells Abbey Life Unit to Phoenix for $1.2 Billion : Deutsche Bank on Wednesday said it had sold its Abbey Life insurance unit to Phoenix Group Holdings for £935 million ($1.22 billion) in a deal that will […]
Shareholders Approve SABMiller Takeover by Anheuser-Busch InBev Shareholders Approve SABMiller Takeover by Anheuser-Busch InBev : LONDON — Shareholders of SABMiller and Anheuser-Busch InBev on Wednesday approved a deal valued at more than $100 billion to create a giant in the beer industry that would control some of the world’s best-known […]
Drugmaker Pfizer decides not to break up business Drugmaker Pfizer decides not to break up business : NEW YORK — Drug giant Pfizer says it won’t split into two publicly traded companies, despite pressure from investors frustrated by its lagging stock price, ending years of Wall Street speculation over its […]