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[VIDEO] Wells Fargo CEO Forfeits $41 Million As Board Orders Review

[video] wells fargo ceo forfeits $41 million as board orders review
Wells Fargo & Co. Chief Executive Officer John Stumpf will forfeit $41 million of stock, plus some salary, as the bank’s board investigates how employees opened legions of bogus accounts for..

The Dying Middle-Class

the dying middle-class
Authored by Bonner & Partner's Bill Bonner (annotated by Acting-Man's Pater Tenebrarum), -*Largest Theft in History*- As expected, Ms. Yellen smiled last week, announcing no change to the Fed’s..
Zero Hedge

Videos for Bloomberg

News video: Are There Opportunities in China's Debt?

Are There Opportunities in China's Debt? 06:07

Sept. 28 -- Jay Wintrob, chief executive officer at Oaktree Capital Group, discusses China's debt market, where he sees growth and the trends he's seeing in the industry. He speaks to Bloomberg's Shery..
Source: Bloomberg Global Business -

News video: Julian Robertson: Negative Rates Are Tragic

Julian Robertson: Negative Rates Are Tragic 01:41

Sept. 27 -- Julian Robertson, Tiger Management's chairman and chief executive officer, comments on negative rates during an interview with Bloomberg's Tom Keene and Mike McKee on "Bloomberg..
Source: Bloomberg Global Business -

News video: Assessing Asia's Infrastructure Needs

Assessing Asia's Infrastructure Needs 06:41

Sept. 28 -- Ben Way, Asia chief executive officer at Macquarie Group, discusses infrastructure investment in Asia, the hurdles facing the industry and where he sees opportunity. He speaks to..
Source: Bloomberg Global Business -

News video: Nike's Future Orders Miss Estimates

Nike's Future Orders Miss Estimates 03:23

Sept. 28 -- Nike posted future orders that missed analysts' estimates. Bloomberg's Ramy Inocencio reports on "Daybreak Asia."
Source: Bloomberg Global Business -

News video: 'Old Economy' Still Driving China

'Old Economy' Still Driving China 01:46

Sept. 28 -- China's growth in the third quarter was mainly driven by the so-called "old economy." The latest survey from the China beige book says the government's attempt to wean the country off..
Source: Bloomberg Global Business -


A 'safe' Note7 exploded and destroyed this guy's MacBook Pro with it

Stop me if you heard this one before: A Samsung Galaxy Note7 exploded. Hui Renjie, 25, who purchased a Note7 in China that was deemed "safe" with a non-defective battery, claims his phone blew up..

Report: DirecTV parent AT&T to phase out satellites in 3 to 5 years

AT&T Inc. – which is expected to premier its streaming service DirecTV Now later this year – reportedly will work to make streaming its primary TV platform by 2020. AT&T last year acquired..

Billionaire Capital Turns Into Ghost Town: "Home Contracts Down 80%", Trophy-Cars Pile Up In Showrooms

billionaire capital turns into ghost town: home contracts down 80%, trophy-cars pile up in showrooms
It used to be that a quick walk around downtown Greenwich could pass for an exotic car show but those days seem to be coming to an end as hedge fund returns have suffered and, as one jewelry store..
Zero Hedge

Disney and Twitter: Trading Bird for Mouse?

disney and twitter: trading bird for mouse?
Patch Fountain Valley, CA -- Bloomberg Markets are dishing on a possible pairing between Twitter and Disney. Longstanding relationships between the two show possibility

As Of Today, The Americas Are Finally Measles-Free

By Sebastien Malo NEW YORK (Thomson Reuters Foundation) - The Americas has become the first region in the world to be free of measles, following a 22-year vaccination drive against the disease which..
Huffington Post

Self-Directed IRA In A Nutshell Book Launches New Website

Adam Bergman, IRA Financial Group Partner, launches website for new self-directed IRA book New York, NY (PRWEB) September 27, 2016 Adam Bergman is a partner with the IRA Financial Group, LLC, the..

Do You Really Own Your Gold?

*Do You Really Own Your Gold? by Ted Bauman, **Editor, The Bauman Letter* What does it mean to “own” something? It’s a question you should be asking … especially if that something is..
Zero Hedge

Oil Pops After Crude Inventories Unexpectedly Drop

oil pops after crude inventories unexpectedly drop
In the week since the last API report, oil has ripped and dipped back to unchanged following an unexpected draw and Algiers disappointment, but prices jumped higher (tagging $45.00) as API noted a..
Zero Hedge

Bloomberg: Freeport’s $2B asset sale to Anadarko hit with lender dissent


The Oil Glut Will Bleed Into 2017, Says IEA Chief

The International Energy Agency (IEA) executive director Fatih Birol does not see the oil market rebalancing until late next year, expressing a gloomier view on the crude glut than the agency’s..

Nike beat on earnings, but an important measure of future sales whiffed (NKE)

nike beat on earnings, but an important measure of future sales whiffed (nke)
Nike on Tuesday reported fiscal-first-quarter earnings that beat expectations for profits and revenues, amid investor concern about how it's faring in a weak US market for athletic apparel.  The..
Business Insider

US Bonds, Stocks Rally As Most Systemically Dangerous Bank In The World Collapses

us bonds, stocks rally as most systemically dangerous bank in the world collapses
It's probably nothing... But hey, Hillary 'reportedly' won the debate so buy stocks? Which reminds us... Don't think Deutsche Bank matters? Post-Fed, Gold was shellacked today..
Zero Hedge

STOCKS RISE: Here's what you need to know

stocks rise: here's what you need to know
Stocks hoisted themselves up into the green on Tuesday after the first presidential debate. But it wasn't rosy across the board, with the energy sector getting whacked in early trade. First up,..
Business Insider

Stanford will pay you to attend its business school — but only if you agree to work in the Midwest

stanford will pay you to attend its business school — but only if you agree to work in the midwest
A new fellowship at the Stanford Graduate School of Business, one of the top ranked business schools, covers tuition and fees for MBA students. But the program comes with a catch: Students must be..
Business Insider

Elon Musk Reveals The Spaceship For Colonizing Mars - Live Feed

elon musk reveals the spaceship for colonizing mars - live feed
Having found his earth-based inventions and investments somewhat constricting. not to mention cash-burning, at this moment Elon Musk is speaking at the 67th annual International Astronautical Congress..
Zero Hedge

Deutsche Bank Fears Spark Buying Panic In Bunds (Despite Rising Germany Sovereign Risk)

deutsche bank fears spark buying panic in bunds (despite rising germany sovereign risk)
Investors have piled into global developed market sovereign bonds as fears of Deutsche Bank collapse ripple through global markets. Interestingly,* despite rising default risk concerns in Germany CDS,..
Zero Hedge

$356 Billion Fund Manager: "Now Is The Most Treacherous Time Ever. I've Never Seen This In My Career"

$356 billion fund manager: now is the most treacherous time ever. i've never seen this in my career
Last week we reported that Tad Rivelle, fund manager at the $195 billion TCW Group, uttered a harsh warning, telling readers of his newsletter that "the time has come to leave the dance floor",..
Zero Hedge

Bloomberg: Dow Chemical’s Kuwait venture planning up to $3B bond


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