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Business Practices

  • BEIJING, July 10- China is likely to name a senior Communist Party graft-buster to oversee the insurance sector, people familiar with the matter said, a signal that the country's ongoing crackdown on irregular business practices in the financial industry may be set to escalate. Yang Xiaochao, secretary general of the Central Commission for Discipline...

  • SAN FRANCISCO, June 5- San Francisco has issued subpoenas to Uber Technologies Inc and Lyft Inc for a broad scope of records on driving and business practices as part of an investigation to determine whether the ride-services companies have become a public nuisance. Herrera said the subpoenas sought four years of records from the companies, which are based in...

  • Top U.S. CEOs recieve biggest raise since 2013

    A study found that CEO's at some of the biggest companies in the U.S. received an 8.5 raise in the past year.

  • LONDON, May 12- Global stocks paused near record highs as worries over China's banking system provided an excuse for investors to lock in some profits. China's banking regulator this week launched emergency risk assessments of lenders' new business practices, sources told Reuters, as Beijing extends its crackdown on shadow banking. With corporate earnings...

  • SHANGHAI, May 12- China's banking regulator this week launched emergency risk assessments of lenders' new business practices, sources told Reuters, as Beijing deepens its crackdown on shadow banking. Guo Shuqing, the newly-installed chairman of the China Banking Regulatory Commission, has vowed to clean up "chaos" in the country's banking system.

  • SHANGHAI, May 12- China's banking regulator this week launched emergency risk assessments of lenders' new business practices, according to sources with direct knowledge of the matter. The China Banking Regulatory Commission's investigation will include lenders' issuance of interbank negotiable certificate of deposits, their bond investments and their...

  • BRUSSELS, May 10- The European Union plans to launch more antitrust investigations into e-commerce companies after a two-year inquiry uncovered business practices that restrict competition, the European Commission said on Wednesday. "Certain practices by companies in e-commerce markets may restrict competition by unduly limiting how products are...

  • NEW YORK, May 3- Wal-Mart Stores Inc said on Wednesday it was considering getting certified under a new international program that could help companies defend themselves against isolated cases of corruption or poor business practices. The International Organization for Standardization developed the so-called anti-corruption compliance program and...

  • This day spa for babies may be big business for the massage market

    Baby Spa Perth is a sanctuary for babies (newborn to six months) and their parents, offering unique hydrotherapy sessions, baby massage and support.

  • Trump, Xi to talk tough on trade

    Nicholas Consonery, FTI Consulting senior director, says it is imperative that President Trump and China's President Xi Jinping begin to develop a personal relationship but not to look at the talks through "rose-colored glasses." Also Consonery weighs in on North Korea's threats and China's ability to intervene.

  • Port of Miami, Florida.

    CNBC's Kayla Tausche takes a look at China's business climate to check for signs of chilliness and which companies have the most to lose in talks between President Trump and China's President Xi Jinping.

  • Congressman Ro Khanna asked the Department of Defense for an investigation into the business practices of aircraft components supplier TransDigm Group Inc, sending the company's shares down as much as 9.7 percent on Tuesday. In a letter dated March 20 to Glenn Fine, the acting inspector general of the U.S. Khanna, who is a member of the House Armed Services...

  • TORONTO, March 15- Canada's main stock index rose on Wednesday, led by the resource groups as prices of oil and metals rose, while financials also gained even as the industry's watchdog said it will review business practices at federally regulated institutions. The Toronto Stock Exchange's S&P/TSX composite index was up 65.73 points, or 0.43 percent, at...

  • TORONTO, March 10- Toronto-Dominion Bank on Friday stood by its business practices after a report by CBC News suggested the bank had put staff under pressure to meet tough sales targets. TD shares ended down 5.6 percent at C $66.00 on Friday, after having fallen as low as C $65.83 earlier in the session. Traders said investors had been spooked by the CBC report...

  • SAN FRANCISCO, March 8- Uber Technologies Inc is working to mend its relationship with regulators as pressure mounts for the company to improve its business practices and temper Chief Executive Travis Kalanick's aggressive leadership style. Uber on Wednesday obtained the necessary permit to put its self-driving cars back on California streets, conceding...

  • Feb 14- LendingClub Corp reported its third straight quarterly loss on Tuesday and forecast slower-than-expected growth this year, as the online lender recovers from a scandal related to its business practices. The San Francisco- based startup has been in recovery mode since May, when LendingClub acknowledged issues including the way it had sold loans to an...

  • Fluor CEO: Betting on infrastructure

    David Seaton, Fluor CEO, discusses the importance of managing and implementing an infrastructure program in the U.S.

  • Samsung has another problem on its hands

    US regulators warn of potential safety issues with some top-loading Samsung washing machines.

  • How to ask for flexible retirement

    If you’re not ready to retire and change your lifestyle completely, you might be able to create your own arrangement with a 'flexible retirement.' CNBC's Sharon Epperson explains what this means for workers looking for alternative retirement options.

  • Trump's company allegedly violated Cuba trade embargo

    Newsweek reports the GOP nominee's company secretly conducted business in Cuba despite a long-running trade embargo.