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PG&E get approval to pay employees $350 million to meet safety goals after wildfires

PG&E get approval to pay employees $350 million to meet safety goals after wildfires
SAN FRANCISCO (Reuters) – PG&E Corp can pay employees up to $350 million in bonuses this year to spur them to help meet the bankrupt California power provider’s safety goals to prevent wildfires, a judge said on Tuesday. FILE PHOTO: A PG&E truck carrying an American Flag drives past PG&E repair trucks in Paradise, California, U.S. November 21, 2018. REUTERS/Elijah... Read More

EBay raises forecast as redesign draws customers, boosts ad revenue

EBay raises forecast as redesign draws customers, boosts ad revenue
(Reuters) – EBay Inc raised its full-year sales and profit forecasts on Tuesday, as user-friendly changes to its ecommerce platforms attracted more customers and also increased its advertising revenue. FILE PHOTO: An eBay sign is seen at an office building in San Jose, California May 28, 2014. REUTERS/Beck Diefenbach The company, facing intense competition from Amazon.com Inc and Walmart Inc,... Read More

U.S. congressional leaders query Google on tracking database

U.S. congressional leaders query Google on tracking database
WASHINGTON (Reuters) – The top Democrats and Republicans on the U.S. House Energy and Commerce Committee on Tuesday wrote Google Chief Executive Sundar Pichai raising concerns about reports of a massive database known as Sensorvault containing precise consumer location information on hundreds of millions of devices. FILE PHOTO: The Google logo is pictured at the entrance to the Google offices... Read More

Morgan Stanley shuffles jobs for wealth management executive

Morgan Stanley shuffles jobs for wealth management executive
FILE PHOTO: The corporate logo of financial firm Morgan Stanley is pictured on the company’s world headquarters in the Manhattan borough of New York City, January 20, 2015. REUTERS/Mike Segar NEW YORK (Reuters) – Morgan Stanley’s Shelley O’Connor, one of two co-heads of the wealth management business, was named on Tuesday to lead two of the bank’s regulated entities, according... Read More

All Wells Fargo directors elected as hecklers call executives ‘frauds’

All Wells Fargo directors elected as hecklers call executives ‘frauds’
DALLAS (Reuters) – Wells Fargo & Co shareholders voted to elect all of the company-nominated directors during a rowdy meeting on Tuesday in which more than a dozen attendees were kicked out for heckling executives and board members. FILE PHOTO: A Wells Fargo logo is seen in New York City, U.S. January 10, 2017. REUTERS/Stephanie Keith Though protesters and activists... Read More

Mnuchin says he cannot meet deadline to turn over Trump tax returns to House panel

Mnuchin says he cannot meet deadline to turn over Trump tax returns to House panel
FILE PHOTO: U.S. Treasury Secretary Steven Mnuchin leaves the G-20 Finance Ministers and Central Bank Governors’ meeting at the IMF and World Bank’s 2019 Annual Spring Meetings, in Washington, April 12, 2019. REUTERS/James Lawler Duggan WASHINGTON (Reuters) – U.S. Treasury Secretary Steven Mnuchin said on Tuesday he cannot comply with a demand by a House of Representatives committee to turn... Read More