United Airlines Passenger Is Dragged From an Overbooked Flight

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United Airlines Passenger Is Dragged From an Overbooked Flight

New York Times
By THE NEW YORK TIMES on Publish Date April 10, 2017. Photo by 7NEWS24, via YouTube. Watch in Times Video ». embed. The disturbing scene captured on cellphone videos by United Airlines passengers on Sunday went beyond the typical nightmares …

Seven Wells Fargo Managers in Board’s Review—and Their Fates

Bloomberg
When Wells Fargo & Co.’s board released a 113-page report Monday describing how staff opened bogus customer accounts, investigators aimed much of their criticism at the bank’s former leader, John Stumpf, and the head of its retail division, Carrie

Toshiba files earnings without auditor endorsement, delisting risk rises

Reuters
Toshiba Corp CEO Satoshi Tsunakawa attends a news conference at the company’s headquarters in Tokyo, Japan, April 11, 2017. REUTERS/Toru Hanai.

Delta’s meltdown: What went wrong

CNNMoney
After years of profitability and reliable service, Delta Air Lines struggled mightily last week with two basic functions of its business — flying airplanes and accommodating passengers.

Toshiba Casts Doubt on Its Ability to Stay in Business

New York Times
One of the better-known suitors for Toshiba’s chip unit is Hon Hai Precision Industry, also known as Foxconn. Credit Kim Kyung Hoon/Reuters.

Tesla’s ‘crazy’ climb to America’s most valuable car company

Pittsburgh Post-Gazette
The luxury electric-car company Tesla has yet to turn a profit, losing hundreds of millions of dollars last year alone. But on Monday, the darling of Silicon Valley became the most valuable American car company, surpassing General Motors, the Detroit …

Yellen Signals Shift From Stimulating Economy to Sustaining Growth

New York Times
Janet L. Yellen, the Federal Reserve chairwoman, at a news conference last month in Washington where she announced a rise in benchmark interest rates.

Fake financial news under SEC crosshairs

CNBC
The U.S. Securities and Exchange Commission on Monday announced a crackdown on alleged stock promotion schemes in which writers were secretly paid to post hundreds of bullish articles about public companies on financial websites.

Google reveals gender-blind pay methodology in response to inequality allegations

CNBC
Google has refuted claims that it systematically underpays female employees by revealing its gender “blind” approach to remuneration calculations.

China’s LeEco abandons $2 billion deal to buy US TV maker Vizio

Reuters
FILE PHOTO: LeEco’s new Le Pro3 phone is on display during a press event in San Francisco, California, U.S. October 19, 2016. RETUERS/Beck Diefenbach.

AT&T bets on 5G with Straight Path Communications buy for $1.25 billion

Reuters
AT&T Inc (T.N) said on Monday it would buy Straight Path Communications Inc (STRP.A), a holder of licenses to wireless spectrum, for $1.25 billion in an all-stock deal as it aims to accumulate the airwaves it needs for a next generation network.

Barclays CEO’s Whistle-Blower Hunt Places His Tenure at Risk

Bloomberg
Barclays Plc’s Jes Staley is already on his final warning less than 18 months into the job. The offense: repeatedly trying to root out a whistle-blower who made allegations against a senior banker the chief executive officer had worked with before.

As winning streak falters analysts debate where next for oil

CNBC
Oil well pump jacks located in Almond Orchard located over the Monterey Shale in San Joaquin Valley. Oil prices traded lower in the early European session following the longest positive streak of the year for the commodity as analysts remained divided

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