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Top News & Analysis California

  • NEW YORK, Sept 29- Despite their current world of glamour, not everyone with a Hollywood ending grew up in glitz. For the latest installment of Reuters' "First Jobs" series, we talked to a few of those who have triumphed about their decidedly non- Hollywood first gigs. I had to drive a five-ton cube truck around to places like Santa Fe and Taos and Los Alamos, and many times I...

  • WASHINGTON/ NEW YORK, Sept 29- U.S. lawmakers called for Wells Fargo& Co chief John Stumpf to resign on Thursday and a top House Democrat demanded the bank be broken because it is too big to manage. Stumpf's second trip to Capitol Hill on Thursday went no better than his first as lawmakers from both parties angrily rebuked his handling of sales abuses and said the bank...

  • Sept 29- Chipmaker Qualcomm Inc is in talks to buy NXP Semiconductors NV in a deal that could be valued at more than $30 billion, the Wall Street Journal reported. Netherlands- based NXP and San Diego- based Qualcomm said separately that they did not comment on rumors or speculation. NXP shares rose as much as 19.3 percent to $98.09 in afternoon trading on Thursday,...

  • Sept 29- Chipmaker Qualcomm Inc is in talks to buy NXP Semiconductors NV in a deal that could be valued at more than $30 billion, the Wall Street Journal reported. San Diego- based Qualcomm and Netherlands- based NXP did not immediately respond to requests for comment. NXP shares were up 17.7 percent at $96.67 in afternoon trading on Thursday, while Qualcomm's were...

  • FRANKFURT, Sept 29- A Tesla car whose driver said he was using the "Autopilot" driving assistance system crashed into a bus on a motorway in northern Germany on Wednesday, police in the German town of Ratzeburg said on Thursday. Tesla's Autopilot, introduced last October, has been the focus of intense scrutiny since it was revealed in July that a Tesla Model S driver...

  • WASHINGTON/ NEW YORK, Sept 29- Wells Fargo& Co chief John Stumpf's second trip to Capitol Hill on Thursday went no better than his first as lawmakers from both parties angrily rebuked him for the handling of sales abuses and said the bank has damaged customer trust as well as the broader banking system. Representative Mick Mulvaney, a South Carolina Republican,...

  • Wells Fargo was ordered to pay $190 million in fines and restitution this month after regulators said its high-pressure sales environment led to the opening of as many as 2 million customer accounts that customers may not have authorized. Wells Fargo spokeswoman Richele Messick declined to comment on the employees' allegations but said the bank "takes...

  • WASHINGTON/ NEW YORK, Sept 29- Wells Fargo& Co Chief Executive Officer John Stumpf on Thursday offered Capitol Hill lawmakers a series of actions to fix widespread sales abuses but remained defensive on issues like consumer lawsuits, the weakness of an internal investigation and his sale of Wells Fargo shares. Jeb Hensarling, the Republican chairman of the...

  • WASHINGTON/ NEW YORK, Sept 29- Wells Fargo& Co Chief Executive Officer John Stumpf returned to Capitol Hill on Thursday offering a package of actions to fix widespread sales abuses that have exploded into a scandal in Washington and on Wall Street. Stumpf, who again faced tough questioning, told House of Representatives lawmakers that Wells Fargo will eliminate...

  • Arrowhead will get $35 million up front and a $21.5 million injection from Amgen that will give the world's No. 1 biotech company by market value an equity stake of 4.5 percent. Pasadena, California- based Arrowhead will also eligible for up to $617 million in further milestone and equity payments. Arrowhead, along with competitors such as Alnylam...

  • WASHINGTON, Sept 29- At least five Wells Fargo employees have sued the bank or filed complaints with regulators alleging that they were fired after reporting the opening of customer accounts without their permission, according to a Reuters review of lawsuits and complaints to the U.S. Labor Department. Wells Fargo spokeswoman Richele Messick declined to...

  • NEW YORK, Sept 29- Despite their current world of glamour, not everyone with a Hollywood ending grew up in glitz. For the latest installment of Reuters' "First Jobs" series, we talked to a few of those who have triumphed about their decidedly non- Hollywood first gigs. I had to drive a five-ton cube truck around to places like Santa Fe and Taos and Los Alamos, and many times I...

  • NEW YORK, Sept 29- Despite their current world of glamour, not everyone with a Hollywood ending grew up in glitz. For the latest installment of Reuters' "First Jobs" series, we talked to a few of those who have triumphed about their decidedly non- Hollywood first gigs. I had to drive a five-ton cube truck around to places like Santa Fe and Taos and Los Alamos, and many times I...

  • NEW YORK, Sept 29- Despite their current world of glamour, not everyone with a Hollywood ending grew up in glitz. For the latest installment of Reuters' "First Jobs" series, we talked to a few of those who have triumphed about their decidedly non- Hollywood first gigs. I had to drive a five-ton cube truck around to places like Santa Fe and Taos and Los Alamos, and many times I...

  • NEW YORK, Sept 29- Despite their current world of glamour, not everyone with a Hollywood ending grew up in glitz. For the latest installment of Reuters' "First Jobs" series, we talked to a few of those who have triumphed about their decidedly non- Hollywood first gigs. I had to drive a five-ton cube truck around to places like Santa Fe and Taos and Los Alamos, and many times I...

  • Sept 29- Wells Fargo& Co Chief Executive Officer John Stumpf returns to Capitol Hill on Thursday with his job under threat and the bank facing rising political pressure over a sales scandal that has become a major issue in Washington and on Wall Street. Stumpf will appear before the House Financial Services Committee, his second congressional appearance in...

  • Pasadena, California- based Arrowhead will get $35 million up front and will be eligible to receive up to $617 million in milestone payments. Arrowhead, which had about 60.43 million shares outstanding as of June 30, has a market value of about $425 million. The company, along with drug developers such as Alnylam Pharmaceuticals Inc and privately held Quark...

  • You are nervous about what the tests will show, but at least you do not have to worry about hospital bills- you have Medicare, so you can relax about healthcare coverage. Not if you are in the hospital under "observation status"- a Medicare designation applied to patients deemed insufficiently ill for formal admission, but still too sick to be allowed to go home.

  • You are nervous about what the tests will show, but at least you do not have to worry about hospital bills- you have Medicare, so you can relax about healthcare coverage. Not if you are in the hospital under "observation status"- a Medicare designation applied to patients deemed insufficiently ill for formal admission, but still too sick to be allowed to go home.

  • You are nervous about what the tests will show, but at least you do not have to worry about hospital bills- you have Medicare, so you can relax about healthcare coverage. Not if you are in the hospital under "observation status"- a Medicare designation applied to patients deemed insufficiently ill for formal admission, but still too sick to be allowed to go home.