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Last Build Date: Fri, 30 Sep 2016 13:28:59 GMT

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Global Stocks Slide on Fears of a Deutsche Bank Bailout

Fri, 30 Sep 2016 11:26:44 GMT

Stocks extended losses on Friday as worries about the health of Deutsche Bank weighed on financial shares.A man looks at an electronic board showing the Japanese yen's exchange rate against Euro outside a brokerage in Tokyo, Japan, July 6, 2016. REUTERS/Issei KatoA man looks at an electronic board showing the Japanese yen's exchange rate against Euro outside a brokerage in Tokyo, Japan, July 6, 2016. REUTERS/Issei Kato


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Sorry, Ferrari's New $2.2M Supercar is Already Sold Out

Fri, 30 Sep 2016 13:28:59 GMT

Ferrari unveiled the convertible version of its LaFerrari at the Paris Motor Show — and it's already sold out.Sorry, folks. The $2.2 million LaFerrari Aperta is already sold out.


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Back to the Future: What It's Like to Fly in North Korea

Fri, 30 Sep 2016 12:14:00 GMT

If you want to travel back in time, take an internal flight in North Korea. It will also provide a vision of where this country believes it's going.An Air Koryo jet taxis at Sunan airport in Pyongyang, North Korea, on May 12.An Air Koryo jet in Pyongyang on May 12.Aboard an Air Koryo jet.Pin shows Orang County in North Korea.


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Ex-Wells Fargo Manager: I Was Fired for Not Meeting Goals

Fri, 30 Sep 2016 03:04:00 GMT

Former Wells Fargo employee Julie Miller has traveled to Washington, D.C. to see the company's CEO, John Stumpf squirm on the hot seat.Former Wells Fargo employee Julie Miller.Former Wells Fargo employee Julie Miller.Wells Fargo CEO John Stumpf testifies on Capitol Hill in Washington, Thursday, Sept. 29, 2016, before the House Financial Services Committee investigating Wells Fargo's opening of unauthorized customer accounts.


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Balloons!: iOS 10 Lets You Take Over Friend's Screen

Thu, 29 Sep 2016 20:05:00 GMT

Apple's new commercial for the iPhone 7, which is set to make its primetime debut Thursday night, is spotlighting the new expressive messaging feature in iOS 10.A red balloon is featured in Apples new ad for iOS 10.A red balloon is featured in Apples new ad for iOS 10.


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Stumpf Earned Almost $192 Million at Wells Fargo

Thu, 29 Sep 2016 18:31:00 GMT

While $41 million might sound like a lot of money to most Americans, it's really not, at least not when compared with the size of the rest of the paycWells Fargo CEO John Stumpf testifies on Capitol Hill in Washington, Thursday, Sept. 29, 2016, before the House Financial Services Committee investigating Wells Fargo's opening of unauthorized customer accounts.


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Wells Fargo CEO Roasted on Capitol Hill — Again

Thu, 29 Sep 2016 17:48:00 GMT

Wells Fargo CEO John Stumpf faced down a furious panel of lawmakers Thursday as the House Financial Services Committee grilled him on shady practices.Wells Fargo CEO John Stumpf testifies on Capitol Hill in Washington, Thursday, Sept. 29, 2016, before the House Financial Services Committee. Cliff Owen | APWells Fargo CEO John Stumpf testifies on Capitol Hill in Washington, Thursday, Sept. 29, 2016, before the House Financial Services Committee. Cliff Owen | AP


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Forbes: Trump Lost $800 Million This Year

Thu, 29 Sep 2016 17:01:00 GMT

Donald Trump is still way richer than you are — but the gap is closing, according to new calculations of the presidential hopeful's net worth.Trump's net worth is estimated to have fallen to $3.7 billion in the last year.Trump's net worth is estimated to have fallen to $3.7 billion in the last year.


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Warren Buffett Denies He Wants Major Changes at Wells Fargo

Thu, 29 Sep 2016 16:42:20 GMT

Warren Buffett has broadly denied a report that said he wants "radical transformation" at Wells Fargo, where he is the largest stakeholder.Billionaire investor Warren Buffett. Lacy O'Toole | CNBC


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Businesswoman Fights Transphobia With Jobs Program

Thu, 29 Sep 2016 15:19:00 GMT

Transgender business owner Michaela Mendelsohn is helping unemployed trans people get what they need most: jobs.Michaela Mendelsohn, CEO of Pollo West Corp, and two of her employees.Michaela Mendelsohn, a transgender activist and CEO of Pollo West Corp.Michaela Mendelsohn is a transgender activist, CEO of Pollo West Corp and a board member of The Trevor Project


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Freebies and Perks for National Coffee Day

Thu, 29 Sep 2016 13:49:00 GMT

Even if you've already had your morning cup of joe, you may want to venture out for another. It's National Coffee Day! A cup of just-brewed flat white, a variation on the classic cappuccino, stands on a counter at Bonanza Coffee Roasters on January 24, 2011 in Berlin, Germany. Bonanza founder Kiduk Reus is among a growing number of so-called third wave artisinal coffee bean roasters who are finding a niche market in Europe and the USA for their carefully-crafted and expensive coffee. Reus insists that the cast iron parts, the slow-roasting abilities and hands-on controls of his flame-roasting, refurbished 1918 Probat machine allow him to develop the most flavour from his carefully selected beans. A cup of just-brewed flat white, a variation on the classic cappuccino, stands on a counter.


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Sisters Found Dead at Resort With 'No Marks on Them'

Thu, 29 Sep 2016 12:27:00 GMT

Annie Korkki and Robin Korkki were vacationing at a $2,000-a-night luxury resort on the Seychelles island of Mahé.Annie Korkki (R) and Robin Korkki.Annie and Robin Korkki.The Seychelles is an archipelago off the east coast of Africa.


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No, You Probably Can't Afford That House. Here's Why

Thu, 29 Sep 2016 11:56:39 GMT

Home prices are heating up again, and incomes are not catching up - because home prices rose far faster.Homes are seen for sale in the northwest area of Portland, Oregon. REUTERS/Steve DipaolaHomes are seen for sale in the northwest area of Portland, Oregon. REUTERS/Steve Dipaola


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Deep Dissent at the Fed: Is the Economy Stuck in a Rut?

Thu, 29 Sep 2016 11:29:31 GMT

Investors may be expecting an interest rate increase in December, but Fed policymakers remain divided over whether the economy is mired in a rut.REUTERS/Joshua Roberts/File PhotoThe Federal Reserve building in Washington. REUTERS/Kevin Lamarque/Files


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It's Not Just Wells Fargo: Execs Who Got the Golden Ax

Thu, 29 Sep 2016 06:32:11 GMT

In the wake of the Wells Fargo scandal, who else has gotten the golden ax?Wells Fargo CEO John Stumpf testifies on Capitol Hill in Washington, before the Senate Banking Committee on Sept. 20.Roger Ailes, former CEO of Fox NewsJeff Smisek, former CEO of United AirlinesScott Thompson, former CEO of YahooMark Hurd, former CEO of Hewlett PackardRobert Willumstad, former CEO of American International Group (AIG)


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Paris Motor Show Shines Spotlight on Electric Cars

Wed, 28 Sep 2016 19:51:00 GMT

What if you gave an auto show and nobody came? None of the key manufacturers, anyway. That's the problem facing this year's Paris Motor Show.The new battery-powered Volkswagen I.DThe Opel Ampera-e, which is set to make its debut at the Paris Motor Show


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Oil up 5 Percent as OPEC Finally Agrees to Curb Output

Wed, 28 Sep 2016 18:50:00 GMT

OPEC agreed on Wednesday to reduce its oil output to 32.5 million bpd from the current production levels of around 33.24 million bpd.Participants pose at the 15th International Energy Forum Ministerial (IEF15) in Algiers, Algeria September 27, 2016. REUTERS/Ramzi BoudinaParticipants pose at the 15th International Energy Forum Ministerial (IEF15) in Algiers, Algeria September 27, 2016. REUTERS/Ramzi Boudina


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Janet Yellen Isn't Going After Wells Fargo - Yet

Wed, 28 Sep 2016 18:30:22 GMT

As Wall Street calls for the resignation of Wells Fargo's CEO, or the breakup of the bank, or both, the Fed chair didn't suggest either.John Stumpf, chairman, president and chief executive officer of Wells Fargo. Andrew Harrer | Bloomberg | Getty ImagesJohn Stumpf, chairman, president and chief executive officer of Wells Fargo. Andrew Harrer | Bloomberg | Getty Images


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Labor Dept. Sues Peter Thiel's Startup for Anti-Asian Bias

Wed, 28 Sep 2016 15:07:00 GMT

The Labor Department filed a lawsuit against Palantir Technologies, co-founded by Peter Thiel, alleging the company systematically discriminated against Asian job applicants.Peter Thiel, co-founder of PayPal Inc., stands on stage before the start of the Republican National Convention (RNC) in Cleveland, Ohio, U.S., on Tuesday, July 19, 2016.Peter Thiel, co-founder of PayPal Inc., stands on stage before the start of the Republican National Convention (RNC) in Cleveland, Ohio, U.S., on Tuesday, July 19, 2016.


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Oil Climbs After Data Shows Surprise Draw in U.S. Crude

Wed, 28 Sep 2016 11:39:00 GMT

Crude futures fell on Tuesday after Iran rejected an offer from Saudi Arabia to limit its oil output in exchange for Riyadh cutting supply, dashing market hopes the two major OPEC producers would find a...REUTERS/Raheb Homavandi/TIMAREUTERS/Raheb Homavandi/TIMA


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Labor Dept. to Probe Wells Fargo; CEO Forfeits $41M

Tue, 27 Sep 2016 23:47:00 GMT

The Labor Department will launch a probe into whether Wells Fargo may have violated wage and working hour laws.Wells Fargo CEO John Stumpf speaks at the Bay Area Council Outlook Conference on May 17, in San Francisco, California.John Stumpf, chairman and chief executive officer of Wells Fargo & Co., listens during the 2015 Fortune Global Forum in San Francisco on Nov. 2, 2015.


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Is It Healthy? FDA Is Asking What You Think

Tue, 27 Sep 2016 22:39:00 GMT

The Food and Drug Administration wants to know what you think "healthy" should mean when it's on a food label.


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60 Percent of Americans Can't Change a Flat Tire

Tue, 27 Sep 2016 20:12:00 GMT

Some millennials believe they don't need to learn how to change a flat tire or the oil in their car - likely because they can use social media.Woman changing a car tire using a spanner.Almost a quarter of surveyed Americans are “clueless” about how to change a flat tire. Only 20 percent of surveyed young millennials feel confident driving a stick shift.Just over half of the baby boomers surveyed said they felt very confident about understanding how to set up a car's Bluetooth.


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Tyson Recalls Chicken Nuggets on Hard Plastic Contamination

Tue, 27 Sep 2016 19:09:00 GMT

Tyson has recalled 130,000 pounds of precooked chicken nuggets due to a concern that the product may be "contaminated with hard plastic."Tyson is recalling approximately 132,520 pounds of fully cooked chicken nugget products due to hard plastic contamination.Tyson is recalling approximately 132,520 pounds of fully cooked chicken nugget products due to hard plastic contamination.


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Musk's SolarCity Sued for Intellectual Property Theft

Tue, 27 Sep 2016 11:39:22 GMT

SolarCity has been accused of intellectual property theft by Cogenra Solar, a wholly owned subsidiary of SunPower Corporation, and Khosla Ventures.Elon Musk, chairman of SolarCity and CEO of Tesla Motors, in New York. REUTERS/Rashid Umar Abbasi/File PhotoElon Musk, chairman of SolarCity and CEO of Tesla Motors, in New York. REUTERS/Rashid Umar Abbasi/File Photo


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