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Wells Fargo claws back part of CEO, other executive's salary

Ken Sweet, Associated Press  |  Posted  Sep 28th - 8:07am

Wells Fargo says CEO John Stumpf and the executive who ran the bank's retail banking division will forfeit tens of millions of dollars in pay as the bank tries to stem a scandal over its sales practices.

Fired officer apologizes for racial slur on social media

The Associated Press  |  Posted  Sep 28th - 8:01am

A white Pennsylvania police officer who was fired for a social media post that included a racial slur is apologizing.

French government plans tax cuts in its 2017 budget

The Associated Press  |  Posted  Sep 28th - 8:01am

The French government has presented a 2017 budget plan that includes 1 billion euros ($1.1 billion) in tax cuts expected to benefit 5 million low and middle-income households.

Buckingham Palace official jailed over bribes for contracts

The Associated Press  |  Posted  Sep 28th - 8:01am

A former British royal official has been sentenced to five years in prison for taking more than 100,000 pounds ($130,000) in bribes to award contracts for work at Buckingham Palace and other royal residences.

House aides: Deal reached to keep US government running

Andrew Taylor and Alan Fram, Associated Press  |  Posted  Sep 28th - 8:00am

Congressional leaders have broken a stalemate over money to address the Flint, Michigan, water crisis, top House aides said Wednesday, clearing the way for a spending bill needed to keep the government running until December. The spending measure also would provide long-delayed money to fight Zika.

The Latest: Ex-Sen. Warner lauds longtime friend Kaine

The Associated Press  |  Posted  Sep 28th - 7:52am

The Latest on the U.S. presidential election (all times EDT):

EU launches anti-trust probe into Deutsche Boerse-LSE merger

The Associated Press  |  Posted  Sep 28th - 7:50am

The European Commission has launched a probe into the planned merger of Germany's Deutsche Boerse AG and the London Stock Exchange Group over concerns the move could stifle competition.

Markets Right Now: US stocks open higher

The Associated Press  |  Posted  Sep 28th - 7:50am

The latest on developments in global financial markets (all times local):

Takata sells auto interiors unit as recall costs rise

The Associated Press  |  Posted  Sep 28th - 7:50am

Troubled air bag maker Takata Corp. of Japan is selling its automotive interior trim and seating material operation, presumably to raise money to fund costly inflator recalls.

Tribune Media completes sale of Tribune Tower, other assets

The Associated Press  |  Posted  Sep 28th - 7:40am

Tribune Media has completed the sale of several real estate assets, including the Tribune Tower in Chicago.

Ford recalls Focus hatchbacks for latch release problem

The Associated Press  |  Posted  Sep 28th - 7:30am

Ford is recalling about 74,000 Focus hatchback cars with manual transmissions in the U.S. and Canada because the hatches can be unlatched too easily while the cars are moving.

Germany's Lufthansa acquiring remainder of Brussels Airlines

The Associated Press  |  Posted  Sep 28th - 7:10am

Germany's Lufthansa says it is taking over Brussels Airlines, exercising its option to acquire the remaining 55 percent stake in its parent company, SN Airholding.

Tie-up of world's biggest beer makers clears final hurdle

Danica Kirka, Associated Press  |  Posted  Sep 28th - 7:00am

A deal worth over $100 billion to combine the world's two biggest beer companies cleared its last major hurdle Wednesday when the shareholders of SABMiller approved the takeover by Budweiser maker Anheuser-Busch InBev.

Orders for US durable goods slipped slightly in August

Josh Boak, Associated Press  |  Posted  Sep 28th - 6:52am

U.S. factories saw slightly fewer orders for big-ticket manufactured goods in August, with a decline in aircraft orders accounting for the modest slip.

Deutsche Bank relief helps European markets regain footing

The Associated Press  |  Posted  Sep 28th - 6:52am

European stock markets brushed aside a mixed performance in Asia earlier Wednesday to post solid gains amid some relief over the financial future of Germany's largest bank, Deutsche Bank.

Orders to US factories for durable goods edged down in August, as volatile aircraft category causes slight dip

The Associated Press  |  Posted  Sep 28th - 6:31am

Orders to US factories for durable goods edged down in August, as volatile aircraft category causes slight dip.

Moldova bans Ukraine meat over African swine fever fears

The Associated Press  |  Posted  Sep 28th - 5:41am

Moldovan authorities are banning the import of live animals and meat from Ukraine due to fears of African swine fever.

World wildlife meeting votes to ban trade in Asian pangolins

The Associated Press  |  Posted  Sep 28th - 5:40am

Delegates at a U.N. wildlife conference have voted to ban trade in all four species of Asian pangolins. The small, ant-eating mammal is heavily poached for its meat and scales that are used in traditional medicine in parts of Asia.

Deutsche Bank shares stabilize after deal to sell unit

David Rising, Associated Press  |  Posted  Sep 28th - 5:40am

Investor concerns over Deutsche Bank's financial stability appeared to ease Wednesday after Germany's biggest lender said it had struck a deal to sell a subsidiary and stressed it was not seeking government help.

Old rivalries seen blocking OPEC deal to support oil price

Aomar Ouali, Associated Press  |  Posted  Sep 28th - 5:40am

Prospects are dim for a deal among OPEC countries on Wednesday to freeze production and support oil prices, as disagreements persist between regional rivals Saudi Arabia and Iran.