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Fellow bank Wells Fargo also announced that they will raise their staff minimum wage to $15 an hour and would also target $400 million in donations to community and non-profit organizations next year thanks to the Republican tax bill. The President is expected to sign the bill in the coming days. Obama's policy led to massive job and wage losses. Two company spokesmen confirmed the announcement was tied to tax reform.
  • EC approval of easyJet's Air Berlin acquisition

    EC approval of easyJet's Air Berlin acquisition

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    The commissioner in charge of competition policy, Margrethe Vestager , said Tuesday that Easyjet's plans will not reduce competition. "This will hit employees especially hard". Lufthansa says the Commission sees these concessions as "unsatisfactory and signaled clearly that it could not allow taking over and integrating Niki" into Lufthansa's low-priced subsidiary, Eurowings.
  • Toshiba, Western Digital deal to allow sale of chip unit

    Toshiba, Western Digital deal to allow sale of chip unit

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    Media headlines about Western Digital (NASDAQ: WDC ) have been trending somewhat positive this week, according to Accern Sentiment Analysis. RBC Capital Markets maintained it with "Outperform" rating and $94 target in Thursday, July 30 report.
  • Manmohan Singh video attacks PM Modi, Amit Shah questions his 'anger'

    Manmohan Singh video attacks PM Modi, Amit Shah questions his 'anger'

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    After casting the vote at the Nishan High School, he showed his inked finger to thousands of supporters who had gathered outside the school in Ranip locality of Sabaramati constituency, amid chants of "Modi Modi". The second phase voting is underay in central and north Gujarat. The first phase of polling for 89 seats in the 182-seat state assembly was held on December 9 with over 60% voting registered.
  • Valencia Town Center owner Westfield bought for $15.8B

    Valencia Town Center owner Westfield bought for $15.8B

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    Unibail is the largest commercial real estate company in Europe. A 90% interest in OneMarket, Westfield's retail technology platform, will be spun-off into a newly formed entity. Mr. Lowy, born in 1930 in Czechoslovakia, survived the Holocaust and fought in the Israeli war of independence before moving to Australia. Westfield chairman Frank Lowy, who launched the company in 1960, said it was with "mixed emotions" that he was announcing the buyout but he was comfortable with the decision, ...
  • China Not Satisfied With India's Position Of Drone

    China Not Satisfied With India's Position Of Drone "Intrusion"

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    Reports coming from Zhang Shuili, deputy director of the western theatre combat bureau, said that the incident took place recently. Amidst the drone fiasco, both China and India's relations seem to worsen over the course of this summer, when they became locked in a dispute over a region in the Himalayan plateau.
  • Anil Kapoor returns to Race franchise

    Anil Kapoor returns to Race franchise

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    Anil Kapoor's addition makes sense because he had a prominent role in the first movie of the series, and his character, a detective who likes to eat fruit was praised and liked by many people. Remo even announced that Sapna Choudhary will do a song for his movie in near future. Salman Khan had earlier been rather keen on avoiding a clash of Race 3 on the box office with Fanney Khan.
  • National Hockey League agrees to consider Seattle for new National Hockey League team

    National Hockey League agrees to consider Seattle for new National Hockey League team

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    Bonderman and Bruckheimer are partnered with the Los Angeles-based Oak View Group, which finalized a deal earlier in the week with the City of Seattle for a $ 600 million renovation of KeyArena, which opened in 1962. "It's an intriguing possibility, but we've got homework to do". "If I wanted to be positive, I'd say one of the things we kept harping on is we need another team in the (Western Conference) before we consider expanding in the East".
  • House Republican Trent Franks Plans to Resign

    House Republican Trent Franks Plans to Resign

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    The House Ethics Committee has requested Greene to cooperate with the investigation and appear before the panel. "Last night, my wife was admitted to the hospital in Washington, D.C. A former staffer also alleged that Franks tried to persuade a female aide that they were in love by having her read an article that described how a person knows they're in love with someone, the sources said.
  • Global airline industry's 2018 net profit expected to rise: IATA

    Global airline industry's 2018 net profit expected to rise: IATA

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    A strong upcycle in the cargo markets will also support the expected profit improvement next year, it added. Strong airline profitability is expected to continue in 2018, according to IATA's latest financial forecast. "The industry also faces longer-term challenges", de Juniac acknowledged. Turning to environmental concerns, IATA, which said the inflation-adjusted cost of flying had halved for consumers since 1996, said aviation was committed to managing its carbon footprint with a ...