31 May, 2017 by The TZ Newswire Staff Comments Off on Wells Fargo Replaces, Restructures Exec Team
Wells Fargo Replaces, Restructures Exec Team
Wells Fargo is re-shuffling the deck after a huge scandal last year left the bank playing 52-card pickup. Under the watch of the former head of the retail business, Carrie Tolstedt, employees created as many as 2.1 million fake accounts in customers’ names to meet aggressive sales goals.
The San Francisco-based bank has since replaced Tolstedt with Mary Mack as head of the retail business and is now reassigning four executives to report directly to Mack.
31 May, 2017 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Scott Pelley reportedly out as anchor of ‘CBS Evening News’
The Wall Street Journal: Scott Pelley reportedly out as anchor of ‘CBS Evening News’
Scott Pelley is stepping down as anchor of the “CBS Evening News” to become a full-time correspondent on the Sunday prime time newsmagazine “60 Minutes,” according to a person familiar with the matter.
read more
31 May, 2017 by The TZ Newswire Staff Comments Off on US Consumer Confidence Dips But Consumer Spending Rises
US Consumer Confidence Dips But Consumer Spending Rises
The inconsistent start to 2017 from an economic perspective may be starting to even out some as the most recent consumer spending report indicated that consumer spending increased by the most it has all year in April.
Consumer spending is the single largest driver of the U.S. economy — and the slowdown during the first three months of the year slowed GDP growth to 1.2 percent during Q1. Yesterday, the Atlanta Fed said the stronger data helped its closely-followed GDP tracker to project second-quarter growth of a robust 3.8 percent.
31 May, 2017 by The TZ Newswire Staff Comments Off on Mobile Payments Hit $5.5 Trillion In China
Mobile Payments Hit $5.5 Trillion In China
Mobile payments reached $5.5 trillion in China in 2016, representing more than half the country’s total gross domestic product.
31 May, 2017 by The TZ Newswire Staff Comments Off on CYTR
CYTR
The volumen is increasing and may break the resistance at 0.95 to go to the previous at 3. What do you think? Mm this is a penny stock sorry can’t remove the thread..
31 May, 2017 by The TZ Newswire Staff Comments Off on Eurozone May flash CPI 1.4 % y/y vs exp 1.5%
Eurozone May flash CPI 1.4 % y/y vs exp 1.5%
April unemployment 9.3% vs exp 9.4%
May CPI (core) +1% as expected
The market is still chopping about in a range with the only real flows of note being the cross yen selling I noted earlier
31 May, 2017 by The TZ Newswire Staff Comments Off on Tesla Touches Record High
Tesla Touches Record High
The electric car maker has come a long way in less than a decade since listing.