NEW YORK – Shares in Axon, the maker of Taser stun guns, are down 3 percent after the company revealed that it failed to respond to a series of letters from regulators regarding its financial filings. Continue Reading Below In a response late Thursday to the Securities and Exchange Commission, […]
FAN Editor
Wells Fargo scrutinized by regulator for auto insurance program: NYT
FILE PHOTO: A Wells Fargo branch is seen in the Chicago suburb of Evanston, Illinois, U.S. February 10, 2015. REUTERS/Jim Young/File Photo- RC1CA34493F0 October 20, 2017 (Reuters) – Wells Fargo & Co <WFC.N> engaged in deceptive auto insurance practices, failed to properly manage risks and hasn’t set aside enough funds […]
Exclusive: PDVSA blocked from using NuStar terminal over unpaid bills
FILE PHOTO: The corporate logo of the state oil company PDVSA is seen at a gas station in Caracas, Venezuela, August 30, 2017. REUTERS/Andres Martinez Casares/File Photo October 20, 2017 By Marianna Parraga HOUSTON (Reuters) – Venezuela’s state-run petroleum firm PDVSA has been barred from using a NuStar Energy <NS.N> […]
Jamaica or bust: Merkel launching crunch German coalition talks
Boats pass by the German parliamentary building Paul-Loebe-Haus in Berlin, Germany, October 20, 2017. REUTERS/Axel Schmidt October 20, 2017 By Paul Carrel BERLIN (Reuters) – German Chancellor Angela Merkel pronounced herself optimistic as she opened the first full round of talks on piecing together the three-way “Jamaica” coalition she needs […]
BMW offices get ‘inspection’ in preliminary collusion probe
FRANKFURT, Germany – BMW said Friday that European Commission staff conducted an “inspection” at company offices in Munich earlier this week in connection with news media allegations that German carmakers colluded on technology including diesel emission controls. Continue Reading Below BMW said it was assisting the European Union’s executive arm […]
Education agency blasted amid student loan scam crackdown
Federal and state agencies are cracking down nationally for the first time on scams that gouge student loan borrowers, but critics say the U.S. Department of Education isn’t helping. Continue Reading Below Prosecutors at the Federal Trade Commission, 11 states and the District of Columbia have filed 36 lawsuits and […]
Banks, technology lead early gains for US stocks; oil falls
U.S. stocks were up slightly in early trading Friday as investors cheered a crop of strong company earnings. Technology companies posted some of the biggest gains. A jump in bond yields also helped lift bank shares. Consumer products companies lagged the most. Energy stocks declined following a slide in crude […]
Apple’s recent weakness is just the ‘pause that refreshes,’ says one technical analyst
It’s hard out there for an Apple investor. The stock has been on a roller-coaster ride since unveiling its next generation products, as underwhelming reviews and weak demand for the iPhone 8 have sent shares tumbling. “Apple looks very, very sick. It’s rolling over and trading below its 50-day moving […]
WATCH: Drone footage shows widespread Raqqa destruction
Now Playing: Drone footage shows widespread Raqqa destruction Now Playing: Questions remain 2 weeks after deadly ambush in Niger Now Playing: Pilots perform risky honor lap stunt, alarming travelers in terminal Now Playing: Austrian hotel helps refugees gain work experience Now Playing: Investigators: Russian trolls set up fake groups to […]
Czechs vote for new parliament, rich businessman seen as likely next PM
The leader of ANO party Andrej Babis casts his vote in parliamentary elections in Prague, Czech Republic October 20, 2017. REUTERS/David W Cerny October 20, 2017 By Jan Lopatka PRAGUE (Reuters) – Czechs started voting on Friday in a parliamentary election expected to hand power to Andrej Babis, a wealthy […]