In a sign Wells Fargo & Co is still struggling to move past a scandal that sparked record fines and congressional investigations, the bank raised its estimate for how many bogus accounts employees may have created. According to a statement on… Read More ›
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Growing U.S. Role Underlined By Harvey’s Impact On World Oil Market
The ripple effect of Texas’s deadly storm, highlighting the growing importance of the U.S. for the global oil industry is being felt by world energy markets, from butane in Asia to gasoline in Latin America and diesel in Europe. The… Read More ›
Weak oversight surrounds Wisconsin-Foxconn LCD Screen plant deal: Legislative Audit Bureau
Given Foxconn’s global track record in job creation and the systemic deficiencies in the Wisconsin Economic Development Corporation’s working, Foxconn’s LCD screen manufacturing plant in Wisconsin has significant challenges ahead. Going by audits conducted at the state of Wisconsin, the… Read More ›
U.S. citizens are losing the battle for privacy, states brief filed by U.S. tech companies
The brief urges the U.S. Supreme Court to side with the digital rights of citizens against intrusive governments breaches of privacy. More than a dozen technology companies along with Verizon Communications Inc, the biggest wireless operator in the U.S., have… Read More ›
Investment Manager Says In 10 Years’ Time, Portugal Could Be Back In Crisis
The consumer and business habits of the economy might jeopardize the Portugal economy in the future, according to the International Monetary Fund, even though the country seems to be out of the woods for the moment with a projected growth… Read More ›
Fears Of A Systemic Banking Crisis Stoked By Russia Bailout
Stoking fears of a possible systemic crisis in its banking sector, Russia’s central bank stepped in to launch one of the largest bank rescues in the country’s history. Amid concerns about its loan portfolio, Otkritie, the country’s seventh-largest bank by… Read More ›