Asian Shares Hit by Japan Bank Jitters, Oil Troubles
Weak oil prices and jitters about Japanese banks dragged on Tokyo shares, pulling down markets across the region. The Nikkei Stock Average was off 1.5% in midday trading Wednesday, led by drops in energy, bank and exporter stocks. The persistent strength of the yen also weighed on Japanese stocks, said Yip Sheung-chi Linus, chief...>> view originalHillary Clintons Pitch to End Private Prisons Is the Surprise Hit of the Presidential Debate
A focus group in Pennsylvania loved Clinton’s attack on prisons that profit from inmates. Her position could help win a decisive victory in the state. An issue that rarely—if ever—gets play during presidential elections might give Hillary Clinton a surprising leg-up in Pennsylvania. That’s what was indicated by feedback from a swing-voter focus group that Frank Luntz conducted during the debate. Attendees gave Clinton sky-high feedback during the debate when she criticized private prisons, and s..>> view originalFacebook Pushes Advertisers to Look Beyond Views and Likes
Sept. 27, 2016 6:40 p.m. ET Speaking to advertising executives on Tuesday, Facebook Inc. FB 1.08 % executives downplayed controversy over the company’s miscalculation of a video metric and called for ad buyers to focus on metrics tied to business outcomes. The Wall Street Journal reported last week that the social network had been overestimating average time spent viewing videos by up to 80% for two years before fixing the mistake, because it wasn’t factoring in videos v..>> view originalRBS Pays $1.1 Billion to Settle Mortgage-Backed Securities Lawsuits in US
LONDON—Royal Bank of Scotland Group PLC has agreed to pay $1.1 billion to a U.S. regulator to resolve two civil lawsuits over the way it sold mortgage-backed securities in the run-up to the financial crisis. The U.K. lender said the settlement with the National Credit Union Administration Board is substantially covered by existing provisions and will have no material impact on its common equity Tier 1 ratio—a measure of high-quality...>> view originalWells Fargo Claws Back Millions From CEO After Scandal
Wells Fargo & Co. Chairman and Chief Executive John Stumpf will forfeit $41 million for the bank’s burgeoning sales scandal, marking one of the biggest rebukes to the head of a major U.S. financial institution. The bank’s board moved to rescind pay for Mr. Stumpf and former community- banking head Carrie Tolstedt ahead of a hearing of the House Financial Services Committee Thursday. Wells Fargo’s board said Ms. Tolstedt, who...>> view original
Thursday, October 13, 2016
Asian Shares Hit by Japan Bank Jitters, Oil Troubles and other top stories.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment