Wells Fargo Plans to Cut Staffing Up to 10% in Three Years
Bloomberg, 20 September at 22:13
Wells Fargo & Co. plans to trim its workforce by about 5 percent to 10 percent within the next three years as Chief Executive Officer Tim Sloan works to pull the bank clear of a series of customer-abuse scandals and prop up a lagging stock price. The
General Electric's turbine troubles raise more red flags
CNNMoney, 20 September at 22:13
General Electric's power problems just got worse, and the iconic company's comeback efforts now look even more precarious. GE Power, the most troubled part of the slumping conglomerate, confirmed on Thursday that one of its gas turbines recently
Amazon's Fire TV Recast will let you record live TV, stream it anywhere
TechCrunch, 20 September at 21:26
Amazon this morning introduced a new device called the Fire TV Recast that works with Fire TV and other devices to allow you to record live TV through a connected digital antenna. The device allows you to place your digital antenna anywhere in the
Check your freezer: 132000 pounds of ground beef recalled due to possible E. coli contamination, one death
CNBC, 20 September at 20:56
The Department of Agriculture wants you to check your freezer. A Colorado-based meat producer is recalling more than 132,000 pounds of its ground beef due to possible E. coli contamination and the USDA is afraid the product could be frozen in consumer
GE Discovers Flaw in Latest Power-Plant Turbines
Wall Street Journal, 20 September at 20:38
General Electric Co. GE -3.23% discovered a flaw in its newest power-plant turbines after a key part failed earlier this month, forcing utility Exelon Corp. EXC 0.35% to temporarily shut two Texas plants while GE makes repairs. GE said the problem is
Comcast is expecting Fox/Disney to raise its offer for Sky, sources say
CNBC, 20 September at 20:10
Comcast expects its rivals at Disney and Fox will force them to bump their bid, likely by billions of dollars, in the coming one-day auction for British satellite TV provider Sky, according to people familiar with the matter. This weekend, Comcast and
Buoyant Stocks Lift US Household Wealth, Mainly for Affluent
U.S. News & World Report, 20 September at 20:03
WASHINGTON (AP) — A rising stock market lifted U.S. household wealth to a record $106.9 trillion in the April-June quarter, the culmination of a decade of economic recovery but a gain that is concentrated largely among the most affluent. The value of ...
National ground beef recall: E. coli blamed for 1 death
AL.com, 20 September at 19:59
More than 130,000 pounds of ground beef has been recalled over concerns it is contaminated with E. coli. (Contributed photo/USDA). A nationwide recall of some 132,606 pounds of ground beef has been issued over concerns it is contaminated with E. coli, ...
Dow jumps more than 250 points to record high as Apple rises and trade-war fears simmer down
CNBC, 20 September at 19:47
The Dow Jones Industrial Average hit its first record high since January on Thursday as gains in Apple and a decrease in trade fears lifted the 30-stock index. The Dow jumped 255 points as Boeing, Caterpillar and Apple rose. The S&P 500 also rose 0.8 ...
Tilray is having a wild week. Is this a bubble for cannabis stocks?
CNNMoney, 20 September at 19:45
Tilray's moves have been wackier than anything Harold and Kumar experienced on their trip to White Castle or Seth Rogen and James Franco's adventures in "Pineapple Express." Content by MyFinance. Two Savings Accounts That Pay 10x What Your Bank ...
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