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Deutsche Bank CEO apologizes for conduct in toxic mortgages case

FRANKFURT (Reuters) - Deutsche Bank's chief executive apologized on Tuesday for the bank's selling and pooling of toxic mortgage securities in the run-up to the 2008 financial crisis, which prompted a $7.2 billion settlement with the United States......»»

Category: topSource: REUTERS33 min. ago Related News

Caesars wraps up $18 billion bankruptcy case, eyes future

CHICAGO.....»»

Category: topSource: REUTERS33 min. ago Related News

Help wanted at Wal-Mart, GM

Wal-Mart said it'll create 10,000 jobs in the U.S. this year. GM says it'll add 7,000 new jobs in the U.S. over the next two to three years. Fred Katayama reports......»»

Category: videoSource: REUTERS48 min. ago Related News

Deutsche Bank signs $7.2 billion deal with U.S. over risky mortgages

NEW YORK (Reuters) - Deutsche Bank has signed a $7.2 billion settlement with the U.S. Department of Justice over its sale and pooling of toxic mortgage securities in the run-up to the 2008 financial crisis, the government agency said on Tuesday......»»

Category: topSource: REUTERS1 hr. 3 min. ago Related News

Wall Street falls as some post-election gainers reverse

NEW YORK (Reuters) - U.S. stocks fell on Tuesday as financials and other big post-election gainers lost ground......»»

Category: topSource: REUTERS1 hr. 3 min. ago Related News

Qualcomm set to face U.S. antitrust case on licensing practices - Bloomberg

The company's technology licensing business has driven profits for years, thanks to the royalties it collects on the chip technology developed by its chipmaking unit......»»

Category: topSource: REUTERS1 hr. 33 min. ago Related News

BAT-Reynolds: Big Tobacco living up to its name

British American Tobacco has agreed a $49.4 billion takeover of U.S. rival Reynolds American Inc, creating the world's biggest listed tobacco company after it nudged up an earlier offer by more than $2 billion. Ivor Bennett reports.....»»

Category: videoSource: REUTERS2 hr. 3 min. ago Related News

Rolls-Royce shares jump on outlook, bribery settlement

Shares in Rolls-Royce climbed 6 percent after the British aero-engine maker settled a long-running bribery probe and says that 2016 profit will beat expectations. David Pollard reports......»»

Category: videoSource: REUTERS2 hr. 3 min. ago Related News

British PM May sets out plans for Brexit

British Prime Minister Theresa May is setting out the principles that will guide her approach to Britain's withdrawal from the European Union in a speech in London on Tuesday (January 17). Rough Cut (no reporter narration......»»

Category: videoSource: REUTERS2 hr. 3 min. ago Related News

Hyundai aims for U.S. investment boost under Trump

The Hyundai Motor Group says it plans to lift U.S. invest.....»»

Category: videoSource: REUTERS2 hr. 3 min. ago Related News

China to target around 6.5% growth in 2017

China will lower its 2017 economic growth target to around 6.5 percent from last year's 6.5-7 percent. Graham Mackay reports......»»

Category: videoSource: REUTERS2 hr. 3 min. ago Related News

Brexit hit pushes up UK inflation

Britis.....»»

Category: videoSource: REUTERS2 hr. 3 min. ago Related News

UK"s May: UK to leave EU single market

Britain's Prime Minis.....»»

Category: videoSource: REUTERS2 hr. 3 min. ago Related News

Morgan Stanley"s profit doubles

A surge in fixed income revenue lifted Morgan Stanley's quarterly results. Fred Katayama reports......»»

Category: videoSource: REUTERS2 hr. 3 min. ago Related News

China"s Xi: globalisation not to blame

Chinese Preside.....»»

Category: videoSource: REUTERS2 hr. 3 min. ago Related News

Breakingviews TV: Postcard from Davos

At the annual World Economic Forum gathering, Donald Trump and deregulation are all the rage. Rob Cox and Carmel Crimmins beam in from the mountains......»»

Category: videoSource: REUTERS2 hr. 3 min. ago Related News

Pershing Square, nine others hit with SEC "pay to play" violations

WASHINGTON (Reuters) - Billionaire investor Bill Ackman's hedge fund paid $75,000 to settle civil "pay-to-play" charges with the Securities and Exchange Commission after running afoul of campaign contribution and money management rules......»»

Category: topSource: REUTERS2 hr. 18 min. ago Related News

Boeing CEO sees "near term" plane deal after Trump meeting

(Reuters) - Boeing Co'.....»»

Category: topSource: REUTERS2 hr. 18 min. ago Related News

Upbeat Boeing CEO says meeting with Trump "very productive"

WASHINGTON (Reuters) - Boeing Co Chief Executive Dennis Muilenburg said he had a "very productive" meeting with President-elect Donald Trump on Tuesday and was encouraged by progress in talks on the Air Force One replacement fleet and on fighter planes......»»

Category: topSource: REUTERS3 hr. 3 min. ago Related News

U.S. says Rolls-Royce to pay $170 million as part of bribery settlement

WASHINGTON (Reuters) - Rolls-Royce Plc has agreed to pay the United States a $170 million criminal penalty as part of a global settlement to resolve bribery investigation, the U.S. Department of Justice said in a statement on Tuesday......»»

Category: topSource: REUTERS3 hr. 3 min. ago Related News