Fed's Fischer Says Negative Rates Seem to Work in Today's World

Fed's Fischer Says Negative Rates Seem to Work in Today's World

… central banks using them “basically think they're quite successful,” Fischer said Tuesday on Bloomberg Television with Tom Keene in Washington.
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Clinton Group Inc buys $24708518 stake in Home Depot Inc (HD)

Home Depot Inc (HD) : Clinton Group Inc scooped up 175,397 additional shares in Home Depot Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 12, 2016.
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Mitsubishi Motors overstated fuel economy on eight more models: Nikkei

TOKYO (Reuters) – Mitsubishi Motors Corp (7211.T) overstated the fuel economy on eight of its vehicle models, in addition to four others the embattled Japanese automaker admitted to earlier this year, the Nikkei newspaper reported on Tuesday.
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Dubai's Ruler Removes Senior Officials One Day After Surprise Spot Check

Nine senior officials at Dubai's municipality were ordered to retire a day after the city's ruler paid a surprise morning visit to the offices only to find that
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United Hires American's No. 2 in Boost to Succession Plan

The decision by United Airlines to hire a new president away from American Airlines firms up the roster of executives who will contend with fare declines pushing the industry to its worst returns in five years.
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