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Australian rugby star sacked over anti-gay social media post

6 days ago DieselGasoil Comments Off on Australian rugby star sacked over anti-gay social media post
By Sunita Patel-Carstairs, news reporter Rugby Australia has sacked one of its biggest stars for a social media post which was critical of gay people. Israel Folau’s contract with the Wallabies and his club side Waratahs was terminated this morning after he was found guilty earlier this month of a “high-level breach of the professional Read More

U.S. bank regulator will vet next Wells Fargo CEO

1 week ago DieselGasoil Comments Off on U.S. bank regulator will vet next Wells Fargo CEO
WASHINGTON (Reuters) – A top U.S. bank regulator said on Wednesday it will vet Wells Fargo & Co’s pick for its next chief executive, a development that could complicate the scandal-hit lender’s efforts to find a permanent replacement for CEO Tim Sloan. A Wells Fargo logo is seen in New York City, U.S. January 10, Read More

National Grid says state ownership would delay UK’s move to green energy

1 week ago DieselGasoil Comments Off on National Grid says state ownership would delay UK’s move to green energy
(Reuters) – A plan by Britain’s opposition Labour party to take the country’s energy networks back into state ownership would damage investment and delay the move to greener energy sources, National Grid said on Wednesday. FILE PHOTO: Workers paint an electricity pylon near Lymm, northern England February 18, 2015.REUTERS/Phil Noble/File Photo “At a time when Read More

GE’s rising bonds offer another endorsement of CEO Culp

2 weeks ago DieselGasoil Comments Off on GE’s rising bonds offer another endorsement of CEO Culp
NEW YORK (Reuters) – General Electric Co shareholders offered their latest endorsement of new Chief Executive Larry Culp this week when they approved a pay package that could net him up to $233 million down the road. FILE PHOTO: General Electric Co. Chief Executive Officer Larry Culp mingles with shareholders at the company’s annual meeting Read More

Trump’s call to dump nukes ‘draws attention away’ from arms control deals he ditches

4 weeks ago DieselGasoil Comments Off on Trump’s call to dump nukes ‘draws attention away’ from arms control deals he ditches
Trump’s suggestion that the world powers “have to get rid” of nuclear weapons can’t be taken seriously as this is a mere distraction from crucial arms control accords the US is keen to dismantle, analyst told RT. The US President said that not only “we want to get rid of the nuclear weapons,” but “we Read More

How Wells Fargo’s regulators and employees drove out its CEO

1 month ago DieselGasoil Comments Off on How Wells Fargo’s regulators and employees drove out its CEO
NEW YORK/WASHINGTON (Reuters) – The day after former Wells Fargo & Co Chief Executive Tim Sloan told U.S. lawmakers he was transforming the bank’s high-pressure culture, Federal Reserve officials met privately with bank employees. FILE PHOTO: Wells Fargo CEO Tim Sloan testifies before a House Financial Services Committee hearing titled: “Holding Megabanks Accountable: An Examination Read More