×

Commercial and Professional Services Professional Services

  • CHICAGO, April 13- The passenger dragged from a United Airlines plane in Chicago in an incident that sparked international outrage and turned into a public relations nightmare for the carrier, will likely sue the company, his attorney said on Thursday. "For a long time airlines, United in particular, have bullied us," Thomas Demetrio told reporters at a press...

  • CHICAGO, April 13- The passenger dragged from a United Airlines plane in Chicago in an incident that sparked international outrage and turned into a public relations nightmare for the carrier, will likely sue the company, his attorney said on Thursday. "For a long time airlines, United in particular, have bullied us," Thomas Demetrio told reporters at a press...

  • April 13- The passenger dragged from a United Airlines plane in Chicago is in a strong position as he prepares to launch a legal action, lawyers who represent airlines and passengers said, in part because of the wide public outrage over how the airline acted. Lawyers for the passenger, David Dao, have scheduled a news conference in Chicago for 11 a.m. ET on Thursday at...

  • But a series of recent reports by the Defense Department Inspector General and the Government Accountability Office say that Pentagon accounting systems will struggle to track how the money is spent. The reports found that the Pentagon remains unable to accurately track its $591 billion annual budget and experiences billions of dollars in accounting...

  • David Dao has been discharged from a hospital but he will require reconstructive surgery, said attorney Thomas Demetrio, whose law firm is representing the 69- year-old Kentucky physician. Dao was removed from the plane Sunday after he refused to give up his seat on the full flight from Chicago to Louisville. The video of a passenger being dragged by an officer...

  • NEW YORK, April 11- Health benefits broker Zenefits was fined $1.2 million with New York's financial services regulator on Tuesday for letting unlicensed employees solicit, negotiate and sell insurance policies, the latest regulatory blow for the software startup. "DFS takes very seriously any unlicensed activity in the New York insurance market,"...

  • TOKYO, April 11- Toshiba Corp filed twice-delayed business results on Tuesday without an endorsement from its auditor and warned its very survival was in doubt, deepening a prolonged crisis at the Japanese conglomerate. The filing carried a disclaimer from auditor PricewaterhouseCoopers Aarata LLC that it was unable to form an opinion of the results,...

  • TOKYO, April 11- Toshiba Corp filed twice-delayed business results on Tuesday without an endorsement from its auditor and warned its very survival was in doubt, deepening a prolonged crisis at the Japanese conglomerate. The filing carried a disclaimer from auditor PricewaterhouseCoopers Aarata LLC that it was unable to form an opinion of the results,...

  • TOKYO, April 11- Japan's Toshiba Corp filed twice-delayed business results on Tuesday without an endorsement from its auditor, increasing the likelihood that the nuclear-to-TVs conglomerate will be delisted. The filing carried a disclaimer from auditor PricewaterhouseCoopers Aarata LLC that it was unable to form an opinion of the results.

  • TOKYO, April 11- Toshiba Corp aims to file its twice-delayed business results on Tuesday afternoon without an endorsement from its auditors, one person familiar with the matter said, increasing the likelihood of a delisting. Such a filing would be unprecedented for a major Tokyo- based firm and would put financial regulators and the Tokyo Stock Exchange center...

  • Such a filing would be unprecedented in Japan and would put financial regulators and the Tokyo Stock Exchange center stage as they weigh whether it would be acceptable as well as the pros and cons of forcing it to delist. A third deadline looms, but auditor PricewaterhouseCoopers Aarata LLC is questioning not only recent results but also probing the books at...

  • NEW YORK, April 10- An internal investigation into Wells Fargo& Co's sales scandal released on Monday found no evidence the bank had retaliated against employees who came forward about sales practice abuses, despite earlier media reports and lawsuits from ex-employees that claimed otherwise. At least five Wells Fargo employees had sued the San Francisco-...

  • TOKYO, April 11- Toshiba Corp aims to file its twice-delayed business results on Tuesday, even if its auditors don't fully sign off on the numbers, two people familiar with the matter said, as the Japanese conglomerate seeks to avoid a potential delisting from the Tokyo Stock Exchange. A third deadline looms, but auditor PricewaterhouseCoopers Aarata LLC is...

  • ISM nonmanufacturing index at 55.2 in March

    CNBC's Rick Santelli reports the latest read on the ISM nonmanufacturing index.

  • Audi has said a decision over whether Weiss could be re-employed cannot be taken until U.S. law firm Jones Day, hired by VW to investigate the scandal, has clarified his role and published a full report on its inquiries. But parent VW, which initially had pledged maximum transparency, has since decided not to disclose the findings of Jones Day although key parts...

  • Volkswagen said last week it had filed a complaint with a Munich court to prevent prosecutors from retaining and assessing material confiscated during a March 15 raid on U.S. law firm Jones Day. VW, whose supervisory board had commissioned Jones Day in late 2015 to investigate the diesel emissions test-cheating scandal, has said it would use every legal step to...

  • FRANKFURT, April 1- German prosecutors expect the first rulings this year in legal cases resulting from the Volkswagen emissions scandal, Automobilwoche magazine reported on Saturday. Volkswagen would also remain quiet on the internal investigations undertaken by U.S. law firm Jones Day it hired, a summary of whose findings was compiled in the form of a "...

  • FRANKFURT, April 1- German prosecutors expect the first rulings this year in legal cases resulting from the Volkswagen emissions scandal, Automobilwoche magazine reported on Saturday. Volkswagen would also remain quiet on the internal investigations undertaken by U.S. law firm Jones Day it hired, a summary of whose findings was compiled in the form of a "...

  • *VW contests March 15 prosecutors' raids on Jones Day. BERLIN, March 29- Volkswagen has filed a legal complaint with a Munich court, seeking to prevent German prosecutors from using information seized during searches of the law firm it hired to investigate its emissions scandal. VW had already condemned the search of offices of U.S. law firm Jones Day on March 15 and...

  • *VW contests March 15 prosecutors' raids on Jones Day. VW had already condemned the search of offices of U.S. law firm Jones Day on March 15 and said it would use every legal step to defend itself. Jones Day couldn't immediately be reached for comment.