U.S. Justice Department opposes Wells Fargo on whistle-blower suit
(Reuters) – The U.S. Justice Department filed a friend-of-the-court brief on Tuesday in a lawsuit brought against Wells Fargo & Co by two former employees, who were fired after they reported misdemeanors they had noticed to their supervisors.
Oil dips on concern over rising U.S. output, OPEC tensions
LONDON (Reuters) – Oil prices dipped on Wednesday on renewed concerns about the efficacy of OPEC-led production cuts due to rising tensions within the export group over Qatar and growing U.S. output.
European bank bailout soothes anxious markets
LONDON (Reuters) – A smoothly executed rescue of Spain’s struggling Banco Popular drove European banking stocks higher on Wednesday in financial markets dominated by caution ahead of a trio of major events on Thursday.
Apple’s first TV series shows what it takes to build an app
LOS ANGELES (Reuters) – Apple Inc’s long-awaited move into original television series starts Tuesday, with a reality show about a universe that is key to the technology giant’s business: the world of app developers trying to bring their ideas to the ma…
Angry passengers prompting airline CEOs to learn to say sorry
CANCUN, Mexico (Reuters) – Feeling the heat from customer complaints amplified by social media, airline executives meeting in Mexico this week said they need to apologize and explain more quickly when things go wrong.
Dollar Tree sues Dollar Express, alleges funds siphoned
WASHINGTON (Reuters) – U.S. discount retailer Dollar Tree Inc has filed a lawsuit against Dollar Express which was unsealed on Tuesday, alleging that the smaller company’s private equity owners siphoned off funds and failed to pay for $50 million in g…
Bombardier says trade dispute not slowing CSeries momentum
CANCUN, Mexico (Reuters) – Bombardier Inc said on Tuesday it was confident of winning a trade dispute with Boeing Co in the United States and dismissed industry suggestions that the row could slow efforts to accelerate sales of its CSeries jet.
Pinterest raises $150 million, valuing photo-sharing app at $12.3 billion
(Reuters) – Photo-sharing application company Pinterest has raised $150 million from existing investors in its latest round of funding, which values the company at $12.3 billion, a company spokeswoman said on Tuesday.
U.S., Mexico reach sugar pact but U.S. producers not on board
WASHINGTON (Reuters) – The U.S. and Mexican governments reached a new agreement in principle on trade in sugar, but U.S. producers have failed to endorse the deal, U.S. Commerce Secretary Wilbur Ross said on Tuesday.
Uber fires 20 employees after harassment probe
SAN FRANCISCO (Reuters) – Uber Technologies Inc [UBER.UL] said on Tuesday it fired 20 employees and was improving management training following an investigation by a law firm into sexual harassment allegations and other claims at the ride-hailing compa…
