Wallonia premier says region not opposed to EU-Canada free trade deal

Wallonia premier Paul Magnette said the Belgian region was not opposed to a planned EU-Canada free trade deal in itself but that an arbitration scheme needed to be dropped and public services protected. All 28 EU governments support the Comprehensive Economic and Trade Agreement (CETA) but Belgium cannot give assent without backing from five sub-federal administrations. French-speaking Wallonia has steadfastly opposed it.

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Wallonia premier says region not opposed to EU-Canada free trade deal

Wells Fargo’s corporate responsibility chair resigns from private equity firm

Federico Pena, a member of Wells Fargo’s board of directors and chairman of its corporate responsibility committee, has resigned from an advisory position with Vestar Capital Partners, a private equity firm. The corporate responsibility committee, which is meant to monitor the bank's reputation, has come under fire since it emerged that Wells Fargo's branch staff created as many as 2 million accounts without customers' knowledge to meet internal sales targets. “I only spent one year as the head of the committee,” said Pena, who served as energy secretary and transportation secretary during Bill Clinton's presidency.

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Wells Fargo’s corporate responsibility chair resigns from private equity firm

Moving Past Struggles: Investment Motivation from Great Names

investment-motivationInvesting, starting a business and growing that foundation is never easy, but the challenge is part of what motivates us. Occasionally, the world can seem like it’s falling apart all around us. For those moments, we invite you to share in this important wisdom about dealing with the struggles life throws our way.

“You have to welcome an investor into your story and make them believe.”

-Wes Selke

Before you can begin your journey, you need solid financial footing. That’s your first challenge, and rejection is common in those early days. Don’t take it to heart; instead focus on what you’re not showing to investors. What roadblocks are standing in the way of telling the complete story of your business? Figure out how to refine your elevator pitch with the intention to create an emotional connection.

“I Have Found 10,000 Ways Something Won’t Work. I Am Not Discouraged…”

-Thomas Edison

There’s a million ways to say it, but Edison’s is particularly eloquent. Failure is simply a part of success. This viewpoint helps you understand that failure is its own success, in a way. You’ve managed to definitively discover what does not work. Now the onus is on you to figure out what will.

“All You Can Do is Drill, and Promote the Story, Drill and Promote the Story”

-Dev Randhawa

In the energy market, events outside your control often affect the global supply or demand. The same is true for many industries, and you’re left with the work you do and the drive to do it. This advice from Dev Randhawa is to make sure you not only perform your due diligence, but you trust your findings. Honing a critical eye for market forces, learning what is and is not outside your control, will help steady your resolve and keep you focused.

Yahoo profit beats Wall St., some analysts worry over effect of hack

By Deborah M. Todd SAN FRANCISCO (Reuters) – Yahoo Inc reported better-than-expected quarterly adjusted profit on Tuesday, a boost for the beleaguered company whose deal to sell its core business to Verizon Communications Inc has been shaken by a massive data breach. Verizon's general counsel said last week that the hack, which affected at least 500 million email accounts in 2014, could have a material impact, possibly allowing Verizon to withdraw from the $4.83 billion deal. Tuesday's results provided at least an initial indication that the data breach has not led to a quick exodus of Yahoo customers, as some had feared.

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Yahoo profit beats Wall St., some analysts worry over effect of hack

Weak utilities demand restrains U.S. industrial production

U.S. industrial production barely rose in September as a rebound in manufacturing and mining output was offset by surprisingly weak demand for utilities, pointing to a moderate acceleration in economic growth in the third quarter. Gains in output are likely to be muted as the sector remains constrained by the lingering effects of the dollar's past rally, a collapse in oil prices and weak global demand. The Fed said industrial output edged up 0.1 percent last month after declining 0.5 percent in August.

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Weak utilities demand restrains U.S. industrial production

Wall Street’s gains fade as Yellen questions economy’s resilience

(Reuters) – U.S. stocks ended little changed on Friday, losing ground late after Federal Reserve Chair Janet Yellen's comments on the economy unnerved investors.

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Wall Street’s gains fade as Yellen questions economy’s resilience

Wells Fargo’s new CEO faces immediate test

Tim Sloan will not have much time to prepare his pitch for Wall Street. The newly installed chief executive of Wells Fargo & Co will present third-quarter results on Friday, less than 48 hours after replacing John Stumpf at the helm of the bank. Sloan's nearly 30 years with Wells, largely spent on the corporate and institutional side of the bank, and his moderate temperament make him a safe pair of hands.

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Wells Fargo’s new CEO faces immediate test

Wells Fargo CEO John Stumpf quits, replaced by Tim Sloan

By Dan Freed and Elizabeth Dilts NEW YORK (Reuters) – Wells Fargo & Co's veteran chairman and chief executive officer, John Stumpf, abruptly departed on Wednesday bowing to pressure over its sales tactics that has damaged the bank's reputation and put Wall Street under renewed scrutiny. San Francisco-based Wells Fargo said Stumpf, 63, was retiring and would be replaced as chief executive by President and Chief Operating Officer Tim Sloan, 56. The departure is a stunning reversal of fortune for Stumpf, who successfully navigated Wells through the financial crisis and built it into the world's most valuable bank with a focus on Main Street-style lending that was the envy of Wall Street.

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Wells Fargo CEO John Stumpf quits, replaced by Tim Sloan

Wall Street sells off on weak earnings, election fears

Illumina shares plummeted 24.8 percent and were among biggest drags on the S&P 500 after the diagnostic test maker's weak quarterly update. Although overall S&P 500 earnings are currently expected to fall 0.7 percent in the third quarter, according to Thomson Reuters data, a typical number of better-than-expected reports would result in a positive quarter. At the same time, investors are bracing for the U.S. Federal Reserve to raise interest rates by the end of the year.

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Wall Street sells off on weak earnings, election fears

Wall Street sees Fed rate hike by year-end after jobs data: Reuters poll

A solid U.S. jobs report for September reinforced expectations among Wall Street's top banks that the Federal Reserve would raise interest rates by the end of the year, according to a Reuters poll conducted on Friday. Fourteen of the 15 primary dealers that responded to the poll forecast a rate hike at the U.S. central bank's December meeting. Primary dealers are the banks that do business directly with the Fed.

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Wall Street sees Fed rate hike by year-end after jobs data: Reuters poll