Monthly Archives: October 2016

BlackBerry in software deal with Ford, first with an automaker

TORONTO/BOSTON (Reuters) - BlackBerry Ltd has signed a deal to work directly with Ford Motor Co to expand the carmaker's use of its QNX secure operating system, the Canadian technology company said on Monday, as Ford develops increasingly automated v...

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Tech Billionaire Thiel Aims to Justify His Trump Support

Peter Thiel, one of the few well-known Silicon Valley figures who has given Republican presidential candidate Donald Trump a public endorsement, on Monday reiterated his support at a National Press Club event in Washington. He prefaced his remarks with a disclaimer. "Nobody thinks his comments about women were acceptable," Thiel told the gathering, referring to Trump.

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Wells Fargo agrees to $50 million settlement over homeowner fees

NEW YORK (Reuters) - Wells Fargo & Co has agreed to pay $50 million to settle a racketeering lawsuit accusing it of overcharging hundreds of thousands of homeowners for appraisals ordered after they defaulted on their mortgage loans.

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Valeant ex-CEO, ex-CFO focus of U.S. criminal probe: Bloomberg

(Reuters) - U.S. prosecutors are focusing on Valeant Pharmaceuticals International Inc's former chief executive and chief financial officer as they build a fraud case against the drugmaker, Bloomberg reported.

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Under fire, Carney to stay extra year at Bank of England

LONDON (Reuters) - Bank of England Governor Mark Carney said on Monday he will stay in his job for an extra year until the end of June 2019 to help smooth Britain's departure from the European Union, but he will depart two years short of a full term.

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