Crypto concerns push Nvidia shares lower
(Reuters) – Shares of Nvidia Corp (NVDA.O) fell 2 percent on Friday as investors worried that a short-term surge in demand for graphics chips from cryptocurrency miners may be undermining…
Silver Lake to buy Zoopla and PrimeLocation for $3 billion
(Reuters) – Silver Lake Management Company has agreed to acquire ZPG plc (ZPG.L), the owner of British property websites Zoopla and PrimeLocation, for 2.2 billion pounds ($3 billion). Football –…
FDA says Mylan’s EpiPen is in shortage
(Reuters) – U.S. regulators said on Wednesday that Mylan NV’s (MYL.O) EpiPen products are in shortage, due to manufacturing delays that are creating intermittent supply constraints of the emergency allergy…
Carl Icahn sells stake in AIG: Forbes
(Reuters) – Billionaire investor Carl Icahn has sold his stake in AIG (AIG.N), Forbes reported on Monday, ending a more than two-year association with one of the largest U.S. property…
Australia’s ANZ cuts financial planner bonuses as inquiry reshapes an industry
SYDNEY (Reuters) – Australia’s ANZ said it would quit paying bonuses to financial planners for selling its products, becoming the country’s first major lender to change business practices in response…
ANZ scraps sales bonuses for financial planners as inquiry shakes up sector
SYDNEY (Reuters) – Australia and New Zealand Banking Group Ltd (ANZ.AX) said it would stop paying financial planners bonuses for selling its products, the first of the country’s top lenders…
Wells Fargo to pay $480 million to resolve lawsuit related to sales scandal
(Reuters) – Wells Fargo & Co said on Friday it will pay $480 million to resolve a securities fraud lawsuit related to a sales scandal that surfaced in 2016. FILE…
Fidelity fires more than 200 over alleged misuse of reimbursement programs – WSJ
(Reuters) – Fidelity Investments has fired or allowed more than 200 employees to resign over alleged misuse of workplace-benefit programs, the Wall Street Journal reported on Friday, citing people familiar…
Tesla’s Musk calls Wall Street snub ‘foolish’ but defends his behavior
(Reuters) – Tesla Inc (TSLA.O) Chief Executive Officer Elon Musk acknowledged on Friday that it was “foolish” of him to snub analysts on a conference call earlier in the week,…
Marathon to become top U.S. refiner with $23 billion Andeavor buy
(Reuters) – Marathon Petroleum Corp (MPC.N) agreed to buy rival Andeavor (ANDV.N) for more than $23 billion in the largest-ever tie-up between U.S. refiners, giving the combined company a nationwide…