Business

Deutsche Bank: No intent to settle 'anywhere near' $14B

Deutsche Bank: No intent to settle 'anywhere near' $14B

In a quick reaction, Deutsche Bank said the US$14 billion figure was an opening proposal in settlement talks with United States prosecutors, but the bank said it had "no intent" to agree to a sum "anywhere near" the figure. (N:) agreed to pay $16.7 billion in penalties to settle similar charges. The total tab for Bank of America Corp., which reached a similar settlement in 2014, was almost $17 billion.



Clinton 'healthy and fit to serve'

The only medical information Trump has released consists of a four-paragraph letter from his physician , Dr. Harold Bornstein , made public last December, which praised Trump's fitness as "astonishingly excellent" and "extraordinary".


India's richest man launches free 4G service

India's richest man launches free 4G service

India's established telecom players saw their share prices dip further on Friday (02 September), after analysts slashed price targets on some of them, and warned that the launch of new rival Reliance Industries' Jio venture is set to be much more disruptive than earlier imagined.



'Sully' tops at box office: America needs its hero

The Warner Bros. film cost a reported $60 million to produce. Another premiere, "When The Bough Breaks", was in the second place with 15 million dollars in ticket sales. The Wild Life , which now has a 15% rating on Rotten Tomatoes, claimed fifth place with $3.4 million. Further down the list came Kubo and the Two Strings in sixth with $3.2m (£2.4m), followed by Pete's Dragon with $2.9m (£2m).



Samsung Australia recalls 50000 Galaxy Note 7 phones

The Korean vendor confirmed last week that it will replace 2.5 million of the devices in 10 countries amid concerns they could explode or catch fire while charging. The Galaxy Note 7 was charging with its original charger. It comes at a devastating time for Samsung , as rival Apple launches its new iPhone. If you have a Galaxy Note 7 or have one on pre-order, full details of the Exchange Programme can be found on the Samsung website .


Employers turn to workers to help slow health cost growth

Employers turn to workers to help slow health cost growth

But 3.4 percent is still faster than recent economic growth, which determines the country's long-run ability to afford health care. This KHN story can be republished for free (details). Although the Affordable Care Act included a cap on out-of-pocket spending for plans sold through the marketplaces, there are no such rules for insurance offered on the employer market.