21 July, 2014 by The TZ Newswire Staff Comments Off on McDonald’s, Yum halt buying from Chinese meat supplier
McDonald’s, Yum halt buying from Chinese meat supplier
McDonald’s Corp. (MCD) and Yum! Brands Inc. (YUM) halted buying meat products from a Shanghai supplier while authorities investigate allegations that the company sold chicken and beef past its expiration date. McDonald’s asked all its outlets to stop using products from Shanghai Husi Food Co., according to statements on the companies’ official Chinese microblog yesterday. Yum’s KFC and Pizza Hut restaurants did the same, the company said in a separate microblog statement.
21 July, 2014 by The TZ Newswire Staff Comments Off on BNP case spurs calls for whistleblower incentives in banking
BNP case spurs calls for whistleblower incentives in banking
BNP Paribas SA’s $9 billion settlement with U.S. authorities, aided by internal whistleblowers, has spurred calls for federal banking regulators to protect and reward individuals who report wrongdoing by banks. The U.S. Securities and Exchange Commission has scored big enforcement successes and delivered millions of dollars in awards to whistleblowers under a program from the 2010 Dodd-Frank overhaul of Wall Street. The Commodity Futures Trading Commission, as well as the SEC, will provide whistleblowers with a share of fines collected.
21 July, 2014 by The TZ Newswire Staff Comments Off on Allergan results turn up the heat on Valeant
Allergan results turn up the heat on Valeant
Allergan’s better-than-expected second-quarter results turn up the heat on would-be suitor Valeant Pharmaceuticals.
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21 July, 2014 by The TZ Newswire Staff Comments Off on China Sends Surveillance Ship To Hawaii In Retaliation To US Navy Build Up In Its Back Yard,
China Sends Surveillance Ship To Hawaii In Retaliation To US Navy Build Up In Its Back Yard,
China has had enough with diplomacy.
21 July, 2014 by The TZ Newswire Staff Comments Off on Most shorted stocks ahead of earnings
Most shorted stocks ahead of earnings
Of companies announcing earnings this week, subprime lender World Acceptance has the most shorted stock, according to Markit.
21 July, 2014 by The TZ Newswire Staff Comments Off on UK’s Cameron calls for EU to toughen up on Russia
UK’s Cameron calls for EU to toughen up on Russia
U.K. Prime Minister David Cameron called for Europe to ratchet up sanctions against Russia.
21 July, 2014 by The TZ Newswire Staff Comments Off on The Ratings Game: Why analysts are getting more cautious on GoPro
The Ratings Game: Why analysts are getting more cautious on GoPro
Seven analysts initiate ratings coverage of high-flying GoPro.