22 September, 2016 by The TZ Newswire Staff Comments Off on US Senators seek Labor Department probe of Wells Fargo
US Senators seek Labor Department probe of Wells Fargo
Eight US senators asked the Labor Department on Thursday to launch a probe into whether Wells Fargo may have violated wage and hour laws.
22 September, 2016 by The TZ Newswire Staff Comments Off on Andrew Ross Sorkin buys UWS co-op for $4.3M
Andrew Ross Sorkin buys UWS co-op for $4.3M
It’s not quite Bobby Axelrod’s spread in “Billions,” but it’ll have to do. Andrew Ross Sorkin, co-creator of the hit Showtime series and author of “Too Big to Fail,” plunked down $4.25 million for a co-op on the Upper West Side, property records filed with the city Thursday show. Sorkin and his wife, Pilar Queen Sorkin, bought a sixth-floor unit at 161 West 86th Street. Further details on the pad weren’t available on StreetEasy. Sorkin was … [more]
22 September, 2016 by The TZ Newswire Staff Comments Off on Capitol Report: Defending Dodd-Frank, Lew says the markets don’t always get it right
Capitol Report: Defending Dodd-Frank, Lew says the markets don’t always get it right
Treasury Secretary Jacob Lew said Thursday financial markets don’t always get things right.
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22 September, 2016 by The TZ Newswire Staff Comments Off on Vanguard Precious Metals and Mining Fund: No Sure Bet
Vanguard Precious Metals and Mining Fund: No Sure Bet
Image source: Getty Images.
A wise man once said that “a gold mine is a hole in the ground with a liar on top,” referring to the fact that the industry frequently overstates the prospects of its potential finds. That may be the case here.
22 September, 2016 by The TZ Newswire Staff Comments Off on Hillary Clinton’s policies would be better for credit markets than Donald Trump’s
Hillary Clinton’s policies would be better for credit markets than Donald Trump’s
A Moody’s review of five important areas for corporate issuers found Clinton would be better for them than Trump.
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22 September, 2016 by The TZ Newswire Staff Comments Off on Boston Beer CEO: A key skill Harvard Business School didn’t teach me
Boston Beer CEO: A key skill Harvard Business School didn’t teach me
At CNBC’s Iconic conference in Boston, Jim Koch revealed what Harvard Business School’s curriculum forgot to teach him.
22 September, 2016 by The TZ Newswire Staff Comments Off on Senators Call For Labor Dept Probe Into Wells Fargo As Warren Buffett Vows To Keep Silent Until After Election
Senators Call For Labor Dept Probe Into Wells Fargo As Warren Buffett Vows To Keep Silent Until After Election
That did not take long. Just hours after a CNN report suggested that Wells Fargo was retaliating, and firing, company whistleblowers who had spoken out against the company’s illegal “account creation” practices (while blaming them of being “tardy”), moments ago Reuters reported that Senators have asked the Labor Department to investigate Wells Fargo for potential violations of Fair Labor Standards Act.