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Fines, Withdrawals, Job Cuts. It Was an Ugly Day for Global Banks
Even before the opening bell in New York, Thursday looked like a grim day for some of the giants of global banking. But few expected the barrage of bad news that soon hit on both sides of the Atlantic -- a rat-a-tat-tat of job cuts, scandal and ...
To Disclose or Not to Disclose? Wells Fargo Woes Shine Light on a Knotty Problem  Wall Street Journal
Wells Fargo's Reaction to Scandal Fails to Satisfy Angry Lawmakers  New York Times
The Hill  
'She was gone': Engineer details horrific Hoboken train crash
HOBOKEN, N.J. - After a few sips at the downtown Dunkin' Donuts on an otherwise quiet morning in Hoboken, N.J., William Blaine heard the kind of noise that no one - especially a train engineer - ever wants to hear.
Hoboken Crash Reignites Debate Over Positive Train Control  ABC News
New Jersey train station crash kills 1; over 100 hurt
NXP Can Help Qualcomm Shift Its Gears
Big deals carry big risks. Sometimes it is worth stacking up the chips. That is how investors seem to feel about the idea of Qualcomm QCOM 6.30 % buying NXP Semiconductors.
Why NXP Semiconductors, ConAgra, and Supervalu Jumped Today  Motley Fool
Qualcomm Is Said to Be in Talks to Buy NXP Semiconductors  New York Times
Redstones call for Viacom-CBS merger
The Redstone family, which owns a majority of Viacom and CBS Corp.'s voting stocks, called Thursday for a merger of the two media giants, a move to ensure its control and generate savings and efficiency amid heightened competition for viewers and ...
CBS, Viacom reunion could lift both after media upheaval  Business Insider
Here Are All the Pros and Cons of a CBS-Viacom Merger  TheWrap
Asia stocks slip as Deutsche sours mood, oil pulls back
A man looks at an electronic board showing the Japanese yen's exchange rate against Euro outside a brokerage in Tokyo, Japan, July 6, 2016.
In OPEC Hotel, Dealmaker's Gambit Wins Saudi-Iran Agreement  Bloomberg
Oil prices continue to fall as doubts over OPEC agreement build  MarketWatch
GDP 2Q growth rises 1.4 percent in final reading vs. 1.2 percent estimate
The U.S. economy grew at a modestly faster pace in the second quarter than previously estimated, but the latest data confirms the expansion decelerated in the first half of the year.
US economy less sluggish in second quarter; companies investing more  Reuters
US 2 Q GDP Growth Revised Up To 1.4% - Not Great But Better  Forbes
FCC Postpones Vote on TV Set-Top Box Plan
Federal regulators Thursday delayed a vote on a proposal to overhaul the market for TV set-top boxes, dealing a setback to Federal Communications Commission Chairman Tom Wheeler on one of his top priorities for the year.
The FCC is putting off a historic vote to disrupt your cable box  Washington Post
FCC's moment of truth on set-top box  Politico
Costco earnings get boost from switch to Visa
The warehouse club chain reported higher quarterly profit Thursday boosted by lower credit card fees and other terms from its new deal to accept Visa-brand cards, replacing a long-term alliance with American Express Co.
Costco Tops Earnings Estimates in Sign It's Weathering Price War  Bloomberg
Costco narrowly tops profit estimates  The Seattle Times
Wall Street falls sharply on worries about banks
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 28, 2016. REUTERS/Brendan McDermid.
Markets Right Now: Stocks End Lower on Wall Street  ABC News
Wall Street dragged down by Apple, health stocks
Nissan boss warns on UK investment
The boss of Nissan has warned that Brexit uncertainty and possible tariffs could damage investment in the UK's biggest car factory.
Nissan May Ask U.K. to Cover Brexit-Related Losses, Ghosn Says  Bloomberg
Nissan Seeks Brexit Trade Assurances Before New UK Investment  Wall Street Journal