Business

California Mosques Receive Letters Threatening Muslims

California Mosques Receive Letters Threatening Muslims

The letters were sent earlier this week to the Islamic centres of Long Beach and Claremont in Southern California and to Evergreen Islamic Center in the Northern California city of San Jose, Ayloush said. The L.A. area mosques received it Wednesday and the San Jose mosque on Thursday. CAIR is asking for the letter to be investigated by police as an act of religious intimidation, CBS Los Angeles reports .


Wells Fargo seeks arbitration order in customer lawsuit

Wells Fargo seeks arbitration order in customer lawsuit

Reuters reports the proposed class-action lawsuit, filed on Tuesday in federal court in Minnesota, accused the third-largest USA bank of steering 401 (k) contributions to its Wells Fargo Dow Jones Target Date funds. This lawsuit, filed November 22 in a Minnesota federal court, accuses Wells Fargo of intentionally boosting the 401 (k) assets invested in the company's own target date funds by defaulting participant contributions into those funds through a "quick" and "easy" enrollment ...


Mistry Out as Tata Steel's Chairman, OP Bhat Given Interim Charge

Mistry Out as Tata Steel's Chairman, OP Bhat Given Interim Charge

Mistry's dismissal as Tata Sons chairman and attempts to remove him from other group companies has raised questions about governance practices at the Tata Group. Mr Mistry's removal from the position of Tata Steel chairman has not gone down well with his supporters. The Extraordinary General Meeting will be held on December 21.


Suspension of toll charges on National Highways extended

Suspension of toll charges on National Highways extended

On Friday, mobile wallet company Mobkwik received approval from the National Highways Authority of India to digitise payments at 390 toll plazas on national highways. It later allowed two more extensions on November 11 and 14, taking the deadline for accepting old notes till November 24. Instructions have been issued to all concessionaires, including BOT (build-operate-transfer), OMT (operate-maintain-transfer) operators and other fee collection agencies, about the extension of the toll ...


Global markets mixed in quiet trading on US holiday

Global markets mixed in quiet trading on US holiday

The dollar has surged on expectations that U.S. President-elect Donald Trump's policies would stoke inflation, and lead to faster-than-expected Federal Reserve rate increases. On Thursday morning at 10:36 a.m. HK/SIN, the dollar index traded at 101.83, up from levels near 101.02 on Wednesday afternoon Asia time. Stocks in Taiwan, Singapore and other Southeast Asian markets also advanced.


Supreme Court bans firecrackers in Delhi for now

Supreme Court bans firecrackers in Delhi for now

The court order will, in effect, mean a complete ban on all largescale fireworks in Delhi-NCR since it prohibits sale, stocking as well as its possession in substantive quantity. The order was passed in the writ petition of Arjun Gopal vs UOI that was filed in September 2015 before Diwali by three lawyers - Supreme Court advocate Gopal Sankaranarayanan , advocate Amit Bhandari , who works with senior counsel Abhishek Manu Singhvi, and Trilegal partner Saurabh Bhasin - on behalf and as ...