Wall Street hit by coronavirus concerns, weak earnings
U.S. stock indexes fell on Thursday, as mounting worries over a coronavirus outbreak in China and disappointing corporate earnings prompted investors to hit the brakes...
Ex-Wells Fargo executives face civil charges, multimillion-dollar fines from U.S. bank regulator
A U.S. bank regulator announced Thursday that several senior former Wells Fargo executives face potential lifetime industry bans and millions of dollars in civil penalties...
U.S. regulator to announce enforcement actions against former Wells Fargo executives: sources
One of Wells Fargo & Co’s top regulators plans to announce enforcement actions against as many as 10 individuals in relation to the bank’s sales...
French investigators to move ahead with Ghosn prosecution over palace party
French prosecutors investigating a party that former Renault-Nissan boss Carlos Ghosn threw for his wife at the sumptuous Versailles palace will in the next few...
Oil falls 3% as specter of China virus threatens fuel demand
Oil prices fell 3% on Thursday on concern that the spread of a virus from China could lower fuel demand if it stunts economic growth,...
Carlyle looking at ‘relatively cheap’ energy assets: Rubenstein
Fears about the future of energy assets have led to a sell-off, but this has created “very good opportunities” for the Carlyle Group, its founder,...
Goldman Sachs to companies: Hire at least one woman director if you want to go public
From June 30, Goldman Sachs Group Inc will only help take a company public if it has at least one diverse board member, as such...
Blues health insurers put up $55 million to take on generic drug makers
A group of Blue Cross Blue Shield insurers is investing $55 million in a venture that aims to offer cheaper prices to their members on...
U.S. regulator to review recommendation on Fiat Chrysler’s Jeep complaint against Mahindra
A U.S. regulator said it will review part of a recommendation made last fall that India’s Mahindra and Mahindra Ltd infringed upon the intellectual property...
Tesla’s German factory gets off to an explosive start
Seven U.S. bombs from World War Two have been found in the plot of land outside Berlin where electric car pioneer Tesla wants to build...