January 8, 2020

U.S. Fed at odds with bank regulators on community lending standards

A top U.S. Federal Reserve official said on Wednesday that bank regulators should pursue a more nuanced approach to updating community lending standards for banks. Powered […]
January 8, 2020

Walgreens misses profit estimates on pharmacy weakness, shares fall 7%

Walgreens Boots Alliance Inc’s quarterly profit missed Wall Street estimates on Wednesday, hit by lower payments from insurers on drugs sold at its U.S. pharmacies, knocking […]
January 8, 2020

Oil price spike clouds U.S. corporate profit outlook, puts investors on edge

Investors are worrying that rising energy costs due to an escalating conflict between the United States and Iran that has caused a spike in oil prices […]
January 8, 2020

Former Nissan chief Ghosn says he was brutally taken from his family

Former Nissan head Carlos Ghosn on Wednesday said he was brutally taken from his family and friends by Japanese prosecutors. Powered by WPeMatico
January 8, 2020

Highlights: Former Nissan boss Ghosn points the finger at news conference

Fugitive former Nissan chief Carlos Ghosn said that he was brought down by a plot cooked up at the company, some of whose executives he named […]
January 8, 2020

Fugitive ex-Nissan boss Ghosn says treated ‘brutally’ by Japan

Carlos Ghosn, speaking publicly for the first since his dramatic escape from Japanese justice, told reporters in Beirut he had been treated “brutally” by Tokyo prosecutors […]
January 8, 2020

Private investigator in Credit Suisse spying scandal hits back at banker

A private investigator from the firm tasked with tailing former Credit Suisse banker Iqbal Khan has countered Khan’s legal action with criminal complaints against the banker, […]
January 8, 2020

Wall Street opens flat as Boeing drags, Middle East tension eases

Wall Street made a tepid open on Wednesday as losses in Boeing and Walgreen Boots offset relief from Iranian signals that overnight missile strikes “concluded” its […]
January 8, 2020

Macy’s holiday season better than feared, shares rise

Department store operator Macy’s Inc reported a marginal fall in holiday period same-store sales on Wednesday, surprising investors who were bracing for a sharper drop following […]
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