Wells Fargo says account openings fall in November
(Reuters) – Wells Fargo & Co reported another decline in monthly consumer account openings, indicating that the bank is having trouble rebuilding its reputation after a sales scandal.
U.S. housing starts tumble from nine-year high; permits suggest strength
WASHINGTON (Reuters) – U.S. homebuilding fell more than expected in November, tumbling from a nine-year high as construction activity declined broadly, the latest sign of slower economic growth in the fourth quarter.
EU court ruling on Spanish tax breaks eyed for clues on Starbucks, Apple appeals
BRUSSELS (Reuters) – Europe’s top court will decide next week on Spanish tax breaks for foreign takeovers in a ruling that may give clues as to how judges will deal with more complex tax cases involving Starbucks and Apple .
Orange CEO under fire at Tapie affair trial of IMF’s Lagarde
PARIS (Reuters) – French telecoms boss Stephane Richard was sharply criticized by one of the judges and by a witness during the negligence trial of IMF chief Christine Lagarde in Paris this week.
Fidelity gives BlackRock an early leg up in robo advice brawl
BOSTON (Reuters) – Fidelity Investments unintentionally boosted BlackRock Inc’s prospects as a robo adviser with a small investment in a start-up company that BlackRock bought last year for an estimated $150 million.
Sumner Redstone to step down from Viacom board
(Reuters) – Controlling shareholder Sumner Redstone will step down from the Viacom board of directors after the company’s annual meeting in February, according to a company filing on Friday.
Deutsche Bank to pay more than $37 million to settle dark pool cases
WASHINGTON (Reuters) – A unit of Deutsche Bank AG will pay more than $37 million to settle charges that the bank misled clients about how it routed orders to anonymous trading platforms known as dark pools, regulators said on Friday.
Facebook underreported iPhone traffic for some publishers
(Reuters) – Facebook Inc said it had underreported the number of views on iPhone of content published by some publishers using its Instant Articles platform between Sept. 20 and Nov. 30.
Goldman reshuffles research leadership ahead of new rule
(Reuters) – Goldman Sachs Group Inc has reshuffled the leadership of its research division, according to an internal memo seen by Reuters on Friday.
EU Commission clears Danone to buy WhiteWave subject to conditions
BRUSSELS (Reuters) – The European Commission on Friday cleared France’s Danone to proceed with its $10.4 billion purchase of U.S. organic food producer WhiteWave, subject to it selling a business in Belgium.
