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Stumpf's Pay Cut Eclipsed by Fury as Yellen, State Join In
Wells Fargo & Co. Chief Executive Officer John Stumpf gave up $41 million to buy a reprieve from the bank's widening scandal.
California Imposes Sweeping Sanctions On Wells Fargo Amid Scandal  NPR
Round Two: Wells Fargo CEO to Testify in Front of Congress Again  ABC News
MarketWatch  
Energy stocks push Asian markets higher, after oil prices surge on OPEC deal
Most Asian markets closed higher on Thursday after an oil-price rally amid reports of potential production cuts, but India's shares dropped after reports that the Indian army conducted strikes against militants in the disputed region of Kashmir.
Oil Prices in Choppy Trade After OPEC Deal  Wall Street Journal
OPEC's Deal Lifts More Than Oil as Mining Stocks to Metals Jump  Bloomberg
Redstone Daughter Seeks a Viacom Reunion -- WSJ
Weeks after cementing a powerful role in her family's $40 billion media empire, Shari Redstone is moving to potentially undo the last big strategic move of her ailing father, Sumner Redstone.
CBS-Viacom merger may be closer to reality, thanks to Redstones and National ...  Los Angeles Times
Viacom, CBS owner said to be eyeing merger  The Boston Globe
Trump's fortune drops $800m in one year
"Part of the beauty of me is that I'm very rich," Donald Trump once said, but according to Forbes magazine he's much less rich than a year ago.
Donald Trump Net Worth 2016: GOP Presidential Nominee's Personal Wealth ...  International Business Times
Forbes: Trump's fortune down $800M  The Hill (blog)
Novo Nordisk to ax 1000 jobs as competition grows
Novo Nordisk A/S NVO, -0.25% said it will slash around 1,000 jobs in a cost-cutting response to increased competition for its all-important insulin business.
Novo Nordisk Plans to Cut 1000 Jobs Amid Diabetes Price War  Bloomberg
Danish Drug Maker Novo Nordisk to Lay Off 1000 Employees  New York Times
NC improves ranking in business climate report
The top individual category ranking for North Carolina was in corporate tax structure, from 18th in 2015 to seventh for 2016 and fourth for 2017.
New Tax Foundation Report Highlights Best & Worst States For Business  Forbes
New York's business tax climate named one of worst in U.S.  New York Daily News
Takata's Tricky Protection Racket
David Fickling is a Bloomberg Gadfly columnist covering commodities, as well as industrial and consumer companies. He has been a reporter for Bloomberg News, Dow Jones, the Wall Street Journal, the Financial Times and the Guardian.
Takata in Talks to Resolve Allegations of Criminal Wrongdoing Over Faulty ...  Wall Street Journal
Takata Takeover Deals Scrutinized for Handling of Recall, Liability Costs  Insurance Journal
Billionaire Li Takes Long-Term Bet on Newly Listed Postal Bank
Billionaire Li Ka-shing, Hong Kong's richest person, has made a “long-term investment” in Postal Savings Bank of China Co.
No First-Day Pop for Postal Savings Bank of China  Wall Street Journal
Postal Savings Bank Of China Already Has A Sell Rating The Day After Debut ...  Barron's (blog)
EpiPen's $69 Cost in Britain Shows Other Extreme of Drug Pricing
The EpiPen allergy shot, enmeshed in controversy because it sells for almost as much as the latest iPhone in the U.S., costs less than its leather case in Britain.
US agency told Mylan that EpiPen was misclassified  Reuters
Senators call for probe of Mylan's rebates for EpiPen  Pittsburgh Post-Gazette
India Markets React After Surgical Terror Strikes in Pakistan
India's rupee and bonds extended losses, while local stocks plunged after the nation said it attacked terrorist camps in Pakistan.
India Says It Hit Terrorist Bases in Pakistan-Controlled Kashmir With Strikes  Wall Street Journal
Tensions rise in South Asia as India launches “surgical strikes” on ...  Quartz