Business


Buffett pans Wells Fargo's 'huge error,' admits missing on Google

While Munoz " apologized many times", his first response could have been a bit more proactive than just a simple apology, as "your first reaction is going to get a lot of attention", Buffett said. And this year, those who made the trek heard Buffett on Saturday criticize the Trump administration's health care overhaul as a giveaway to wealthy individuals like himself, and heard him rebuke the previous management of Wells Fargo, of which Berkshire is one of the biggest shareholders.



Sends Donald Trump a Strong Message About Climate Change

Early on his campaign, President Trump vowed to withdraw from the Paris climate accord, a landmark 2015 deal that brought together 197 countries to reduce carbon emissions to combat global warming. China's President Xi Jinping has proven steady on his stance on climate change. The United States is the world's no. 2 carbon polluter, after China.


Turkey condemns USA move to arm Syrian Kurdish fighters

Turkey condemns USA move to arm Syrian Kurdish fighters

A top Syrian Kurdish official said Wednesday, May 10, 2017 , that the USA decision to arm Kurdish fighters with heavier weapons will help legitimize the force, which is denounced as a terrorist organization by Turkey. The Kurdish commanders had long maintained that they could not be America's chief ally and boots on the ground while North Atlantic Treaty Organisation member Turkey carried out airstrikes and ground incursions against their forces.



Morrison warns big banks to absorb new tax

Mr Morrison finally drew a line through $13 million of "zombie measures" from the 2014 budget that have failed to pass through parliament, but in doing so needed to find revenue from other sources to plug the gap. The Westpac CEO added that the Australian banks are already the largest taxpayers, with Westpac being the country's second largest taxpayer (paying more than 30 per cent of its profits in tax).



Executive Order Promotes Religious Freedom

Popular Video House Republicans just voted to destroy Obama's signature achievement. Michael Farris, president and general counsel of Alliance Defending Freedom, a Texas-based agency that handles religious liberty cases, said the order , while well-meaning, included "vague instructions to federal agencies [that] simply leaves them wiggle room" to ignore the action.



OPEC calls for 'collective efforts' to counter United States oil boom

OPEC said its production, including Nigeria and Libya, fell by about 18,000 bpd in April to 31.73 million bpd, according to the secondary sources. Oil Storage Tanks at Cushing, OKOil held gains before government data forecast to show USA crude stockpiles fell for a fifth week, further reducing an inventory surplus.