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American Express Employees Boosted Card Sales By Misleading, Coercing Business Owners: Report
Monday, March 2, 2020 - 12:49am | 449The American Express Company (NYSE: AXP) employees used illegal tactics on small business owners to boost card sales, the Wall Street Journal reported Sunday. What Happened The salesperson gave false information about the associated annual fees and rewards to the clients to get them to sign up for...
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Juul Proposes 'Age-Locked' E-Cigarettes To Win FDA Approval
Tuesday, February 25, 2020 - 5:51am | 382Juul is planning to propose e-cigarettes that only unlock for persons above the legal age of smoking to the Food and Drug Administration as it seeks to remain in business in the United States, the Wall Street Journal reported Monday. What Happened The e-cigarette makers have the chance to...
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Pharma Companies Shares Tank As Feds Investigate Opioid Crisis
Wednesday, November 27, 2019 - 7:14am | 480Pharmaceutical companies are in trouble over their role in fueling the opioid crisis facing the U.S. What Happened Federal authorities have launched a criminal investigation against the companies — using the same laws used to prosecute drug dealers, the Wall Street Journal reported ...
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Audi To Lay off 9,500 Staff As Part Of Strategic Plans
Wednesday, November 27, 2019 - 6:47am | 351Volkswagen AG (OTC: VLKAF) subsidiary Audi AG has reached an agreement with its work council to lay off up to 9,500 employees by 2025, the company announced on Tuesday. 'Demographic Curve' The cuts will mostly happen “along the demographic curve” – through...
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Citigroup Names New President And Head Of Global Consumer Banking
Friday, October 25, 2019 - 1:01am | 380Investment bank Citigroup has promoted Jane Fraser as the corporation’s president, its CEO Michael Corbat announced on Thursday. The position, which had been vacant since April after the retirement of company stalwart Jame Forese, is usually understood to be reserved for the next-in-line CEO...
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US To Send Tanks And Troops To Syria In Major Policy Reversal
Thursday, October 24, 2019 - 11:15pm | 372The U.S. government is planning to send dozens of armoured military units to protect oil fields in northeastern Syria, the Wall Street Journal reported on Thursday. The White House is also considering leaving about 500 troops in the region, the publication said. What Happened In early October,...
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Google's Antitrust Probe Meeting Reportedly To Take Place Next Month
Wednesday, October 23, 2019 - 4:09am | 416A group of state attorneys general in the United States investigating Google’s parent company Alphabet Inc. (NASDAQ: GOOG) for antitrust activities will hold a meeting in Colorado next month, according to a Reuters report. Google’s digital advertising practices are a focus of the...
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CVS Says New Cholesterol Drug Types Could Be Costly
Friday, March 20, 2015 - 12:58pm | 256A new type of cholesterol drug in development by Amgen, Inc. (NASDAQ: AMGN) and another by Sanofi SA (ADR) (NYSE: SNY) with Regeneron Pharmaceuticals Inc (NASDAQ: REGN) may be "very expensive," according to a report in The Wall Street Journal. The new drugs are expected to be...
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Finance Sites Booming And You Can Too (F, TM, GOOG, BIDU, GS)
Friday, April 16, 2010 - 2:27pm | 983During the past couple of weeks, finance sites are seeing drastic increases in traffic. It appears there a number of factors that are driving traffic to these sites at abnormally high levels. We spoke with executives at several finance sites, who said they are seeing record levels of traffic during...