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

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

Record highs set by Nasdaq, S&P 500 on upbeat earnings, oil gains

Record highs set by Nasdaq, S&P 500 on upbeat earnings, oil gains
NEW YORK (Reuters) – Global equity markets rallied on Tuesday, with the Nasdaq and S&P 500 indexes setting record closing highs on Wall Street, while European energy shares posted their biggest daily gain since January as crude prices surged. FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, 2017. REUTERS/Toby Melville... Read More

Softbank Group in talks to buy 5% stake in Wirecard: Bloomberg

Softbank Group in talks to buy 5% stake in Wirecard: Bloomberg
FILE PHOTO: The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS/Issei Kato (Reuters) – Japan’s SoftBank Group Corp is looking to acquire a 5 percent stake in German payments company Wirecard AG, Bloomberg reported on Tuesday, citing people familiar with the matter. Softbank has engaged financial advisers and is... Read More