[ad_1] FILE PHOTO: U.S. Treasury Secretary Steven Mnuchin, a member of the U.S. trade delegation, speaks to the media upon his arrival at a hotel in Beijing, China March 28, 2019. REUTERS/Jason Lee BEIJING (Reuters)
Wells Fargo CEO Tim Sloan steps down
[ad_1] (Reuters) – Wells Fargo & Co said on Thursday Tim Sloan will resign immediately as chief executive, becoming the second CEO to leave the bank in the fallout of a wide-ranging sales practices scandal.
Swedbank dumps CEO as money laundering claims spook investors
[ad_1] STOCKHOLM (Reuters) – Swedbank dismissed Birgitte Bonnesen as chief executive on Thursday only an hour before its annual meeting after disgruntled shareholders rounded on her handling of a rapidly-growing money laundering scandal. The lender
Exclusive: Magellan Health nears settlement with hedge fund Starboard Value – sources
[ad_1] NEW YORK/BOSTON (Reuters) – U.S. healthcare plan and pharmacy benefits manager Magellan Health Inc. is nearing a settlement with Starboard Value LP to expand its board of directors by several seats, including with a
Wall Street ends up as yields, trade optimism rise
[ad_1] NEW YORK (Reuters) – U.S. stocks climbed on Thursday as Treasury yields rose off 15-year lows, with investors optimistic about the latest round of U.S.-China trade talks. Traders work on the floor at the
Buffett says Apple content plan hard to predict, touts airline safety
[ad_1] (Reuters) – Warren Buffett on Thursday said he could not predict the success of Apple Inc’s new suite of services but was confident the public would benefit as content providers vie for their wallets.
Global Markets: Benchmark yields higher, stocks mixed with eye on trade, growth outlook
[ad_1] NEW YORK (Reuters) – Benchmark U.S. and European bond yields moved higher on Thursday after prolonged slides, while world share markets were mixed with an eye on U.S.-China trade talks and economic growth. Traders
Oil pares losses, shrugs off Trump calls for OPEC to boost output
[ad_1] NEW YORK (Reuters) – Oil prices fell on Thursday, but recovered from the day’s worst losses that came after U.S. President Donald Trump called for the Organization of the Petroleum Exporting Countries to boost
Palladium sinks six percent in free fall, gold sheds one percent
[ad_1] (Reuters) – Palladium slumped as much as 6 percent on Thursday, adding to the previous session’s sharp slide, on concerns an economic slowdown could dent demand and as a weak technical picture pushed investors
Global Markets: Yields edge up, stocks swayed by trade talks, growth outlook
[ad_1] NEW YORK (Reuters) – Benchmark U.S. and European bond yields edged higher on Thursday after prolonged slides, while the regions’ shares were volatile as investors eyed developments involving U.S.-China trade talks and economic growth.