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  • NEW YORK, Sept 22- Wells Fargo& Co. has hired law firm Sidley Austin to take the lead in preparing Chief Executive Tim Sloan for his appearance before the U.S. Congress next month to answer questions about a year-long sales practices scandal, according to four sources with knowledge of the decision. Sloan will appear before the Senate Banking Committee, which...

  • Senator John McCain said on Friday he opposes the latest Republican bill to dismantle Obamacare, dealing the measure what could be a fatal blow given the party's slim Senate majority. With several other Republicans still undecided on the measure, Senate Majority Leader Mitch McConnell said earlier this week he intended to bring it to the Senate floor for a...

  • BOSTON, Sept 22- Aegerion Pharmaceuticals Inc will plead guilty to two misdemeanors and pay $40.1 million to resolve investigations into its marketing and sales of an expensive cholesterol drug, U.S. authorities said on Friday. The settlements will resolve long-running investigations into Aegerion, a subsidiary of Canada's Novelion Therapeutics Inc, by...

  • MEXICO CITY, Sept 22- Mexican national oil company Pemex reported on Friday that August crude production dipped by 10 percent compared to the same month last year, marking two consecutive months with oil output coming in below 2 million barrels per day. Pemex's crude production peaked at 3.4 million bpd in 2004 but has been declining ever since.

  • *London declines to renew Uber license. LONDON, Sept 22- London deemed Uber unfit to run a taxi service on Friday and stripped it of its license to operate from the end of next week in a major blow to the U.S. firm and 3.5 million users in one of the world's wealthiest cities. In a break with the startup's usual combative tone, Uber's new Chief Executive Dara Khosrowshahi...

  • *London declines to renew Uber licence. LONDON, Sept 22- London deemed Uber unfit to run a taxi service on Friday and stripped it of its licence to operate from the end of next week in a major blow to the U.S. firm and 3.5 million users in one of the world's wealthiest cities. In a break with the startup's usual combative tone, Uber's new Chief Executive Dara Khosrowshahi...

  • SAO PAULO, Sept 22- Brazil Supreme Court Justice Gilmar Mendes on Friday denied a request to release from jail Joesley and Wesley Batista, the brothers who control the world's largest meatpacker JBS SA. The Batistas' defense challenged the detention of the brothers after their arrest last week by federal police in a probe into the use of privileged financial...

  • Top Economic Events Polling Unit Diary Today in Washington Political and General News. 26- Sept United States Sale of 2- year notes 26- Sept Germany Auction of 2- year Treasury notes 26- Sept Italy Zero-coupon/BTPi auction 26- Sept Japan Auction of 40- year government bonds 27- Sept United States Sale of 2- year floating rate notes 27- Sept United States Sale...

  • **FRANKFURT- ECB Vice President Vitor Constancio gives opening speech at Second ECB Annual Research Conference in Frankfurt, Germany 0700 GMT. **FRANKFURT- ECB Excecutive Board member Benoit Coeure chairing policy panel on "Exit from non-standard monetary policy" at Second ECB Annual Research Conference in Frankfurt, Germany 1445 GMT. SYRACUSE, New York- Federal...

  • Top Economic Events Polling Unit Diary Today in Washington Political and General News. 26- Sept United States Sale of 2- year notes 26- Sept Germany Auction of 2- year Treasury notes 26- Sept Italy Zero-coupon/BTPi auction 26- Sept Japan Auction of 40- year government bonds 27- Sept United States Sale of 2- year floating rate notes 27- Sept United States Sale...

  • **FRANKFURT- ECB Vice President Vitor Constancio gives opening speech at Second ECB Annual Research Conference in Frankfurt, Germany 0700 GMT. **FRANKFURT- ECB Excecutive Board member Benoit Coeure chairing policy panel on "Exit from non-standard monetary policy" at Second ECB Annual Research Conference in Frankfurt, Germany 1445 GMT. SYRACUSE, New York- Federal...

  • President Donald Trump and top Republicans in Congress are about to show how aggressively they intend to cut the corporate tax rate, while trying to avoid the appearance of favoring the wealthy. But the Big Six, which includes top Trump aides and congressional Republican leaders, is expected to refrain from cutting the top individual tax rate of 39.6 percent, in...

  • President Donald Trump and top Republicans in Congress are about to show how aggressively they intend to cut the corporate tax rate, while trying to avoid the appearance of favoring the wealthy. But the Big Six, which includes top Trump aides and congressional Republican leaders, is expected to refrain from cutting the top individual tax rate of 39.6 percent, in...

  • President Donald Trump and top Republicans in Congress are about to show how aggressively they intend to cut the corporate tax rate, while trying to avoid the appearance of favoring the wealthy. But the Big Six, which includes top Trump aides and congressional Republican leaders, is expected to refrain from cutting the top individual tax rate of 39.6 percent, in...

  • President Donald Trump and top Republicans in Congress are about to show how aggressively they intend to cut the corporate tax rate, while trying to avoid the appearance of favoring the wealthy. But the Big Six, which includes top Trump aides and congressional Republican leaders, is expected to refrain from cutting the top individual tax rate of 39.6 percent, in...

  • President Donald Trump and top Republicans in Congress are about to show how aggressively they intend to cut the corporate tax rate, while trying to avoid the appearance of favoring the wealthy. But the Big Six, which includes top Trump aides and congressional Republican leaders, is expected to refrain from cutting the top individual tax rate of 39.6 percent, in...

  • President Donald Trump and top Republicans in Congress are about to show how aggressively they intend to cut the corporate tax rate, while trying to avoid the appearance of favoring the wealthy. But the Big Six, which includes top Trump aides and congressional Republican leaders, is expected to refrain from cutting the top individual tax rate of 39.6 percent, in...

  • BOSTON, Sept 22- Billionaire hedge fund manager William Ackman, whose firm has a 2 percent voting stake in Automatic Data Processing Inc, is turning up the heat in his proxy war for the human resources outsourcing company by targeting an often-ignored but influential group of people- retail investors. Now, his campaign to get himself and two other nominees...

  • SAO PAULO, Sept 22- The Brazilian unit of U.S.-based commodities trader Bunge Ltd said on Friday it reached an agreement to acquire a minority stake in Agrícola Alvorada, a mid-sized grains trader located in Brazil's top soy producing state of Mato Grosso. Bunge said in a statement that the deal will strengthen its grains sourcing activities in Brazil.

  • NEW YORK— Moody's has downgraded its credit rating on Great Britain, citing the country's weakening finances and the impact of its decision to exit the European Union. Moody's said it expects Britain to see higher budget deficits as a result of political and social pressure to increase spending after years of cuts. Moody's forecasts the U.K. economy growing...