NASCAR puts Penske Racing on probation after allegedly a cutting deal

NASCAR placed Penske Racing on probation after cutting deal allegations with Front Row Motorsports was said to have transpired allowing Joey Logano pivotal track position.


GM and union agree to terms in Canada plant

The Unifor union and GM Co. was able to meet and agree on the new collective bargain agreement. A tentative settlement on a new collective agreement between General Motors Co and Canda's Unifor union was reached to cover employee benefits for GM's CAMI assembly plant located in Ontario, Canada.

Low-wage social contract creates protest from fast-food workers

Thousands of fast food workers organized protests to demand higher wages after US federal minimum wages were said to be almost always without benefits.

Banks face day of weighing up commodities after Goldman’s oil burned

181,000 gallons of asphalt that belonged to Goldman Sachs was burned after an explosion occurred at Elk Grove refinery.


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Credit Suisse AG is to sell of its German subsidiary according to a German paper. In a report from German weekly WirtschaftsWoche, Credit Suisse is intending to sell the private client's business of its German subsidiary Credit Suisse Deutschland AG.
Despite an European Council legal opinion, the EU maintains that the financial transaction tax issue is a misunderstanding.
The governments of the United States and Russia came to an agreement to seize the Syrian government's arsenal of chemical weapons within the week.
The Apple iPhone 5C and 5S with its new technology stands to create more business for eBay, Discovery and Intuit.
The use of the JOBS Act for the Twitter IPO a concern for investors. The main question would be, how much is Twitter really worth? The microblogging site has over 200 million active users and has been instrumental in the Arab Spring protests two years ago.
Piggy Wiggly Carolina Co said it would sell 29 stores located in South Carolina and Georgia. Piggly Wiggly Carolina Co announced that it would be selling 29 of its stores.
Italian Banca Monte dei Paschi di Siena has raised its capital for the bank's revised bailout plan to EUR2.5 billion or USD3.3 billion.
According to Thomas Jordan, Swiss National Bank Chairman, said there is a lot that needs to be done before banks can avoid harming the general economy.
India would be inaugurating is its insurance repositories on September 16. India's Insurance Regulatory and Development Authority's insurance repositories would be inaugurated on September 16.
Thanks largely to Twitter Inc's IPO filing, publicly traded fund GSV Capital would be looking to receive bigger gains.