Wall St slips after mixed earnings as jobs report looms
(Reuters) – U.S. stocks edged lower on Thursday as investors digested mixed tech and healthcare earnings a day ahead of Friday’s U.S. jobs report.
Ex-Goldman employee pleads guilty over N.Y. Fed leaks
NEW YORK (Reuters) – A former Goldman Sachs Group Inc employee pleaded guilty on Thursday to illegally obtaining confidential information from a former colleague at the Federal Reserve Bank of New York.
Volkswagen luxury cars in Europe fitted with devices that U.S. says cheated tests
BERLIN (Reuters) – Volkswagen’s luxury diesel cars in Europe are fitted with the same software that American regulators say was used to cheat emissions tests in the United States, the carmaker said on Thursday.
Goldman Sachs to promote junior bankers faster in bid to keep talent
(Reuters) – Goldman Sachs Group Inc unveiled a series of changes designed to retain junior bankers, including promoting them more quickly and encouraging mobility within the firm.
Boeing to pay $57 million to settle 401(k) lawsuit
(Reuters) – Boeing Co said it had agreed to pay $57 million to settle a lawsuit in which employees accused the company of mismanaging their 401(k) retirement plan.
Lufthansa cabin crew to start week-long strike Friday
FRANKFURT/BERLIN (Reuters) – Lufthansa’s main cabin crew union said a week-long strike would start on Friday at the German carrier, after last-minute talks between staff and management over early retirement benefits and pensions broke down.
International lawyers plan Volkswagen investor lawsuit as soon as February
LONDON (Reuters) – Bentham Europe, a litigation funder, said on Thursday it was in contact with Volkswagen’s top 200 investors about launching a damages claim in Germany as soon as next February for alleged negligence and breaches of German securities …
Exclusive: Bass Pro Shops explores bid for Cabela’s – sources
(Reuters) – Privately held outdoors retailer Bass Pro Shops is exploring an offer for Cabela’s Inc , the U.S. hunting and fishing store chain targeted by activist investor Elliott Management, people familiar with the matter said.
Wells Fargo to pay $81.6 million to bankrupt U.S. homeowners: DOJ
(Reuters) – Wells Fargo & Co will pay $81.6 million to homeowners for denying them a chance to challenge mortgage payment increases imposed during their bankruptcy proceedings, the U.S. Justice Department said on Thursday.
U.S. review of banks could spell trouble for energy companies
(Reuters) – A recent U.S. regulatory review could force banks to scale back loans to energy companies whose revenues have been hit hard by falling oil prices, and could force more oil drillers into bankruptcy, analysts said.
