Business

Worcester woman to be arraigned in connection with Lowell slaying

From left, Gloribel Orengo's son, Luis Barreto and nephew, Christian Ramos, talk about Gloribel Orengo's death and Tuesday's arraignment outside Lowell District Court. A witness who declined to give her name said the 28-year-old tried to shield his mother from the attacks of four to six people who encircled and beat her in the development's parking lot.

Business

Trump May Pay Roughly $20M to Settle Trump University Fraud Lawsuit

The $25 million settlement will be split among 6,000 litigants in three class-action lawsuits, who claimed Trump U was nothing more than a scam. In announcing the settlement , Mr Schneiderman said the deal followed repeated refusals by Mr Trump "to settle for even modest amounts of compensation for the victims of his phony university".

Business

Trump Rejoices in Lawsuit Settlement as 'Small Fraction of the Potential Award'

On Friday, Mr. Trump settled three lawsuits against Trump University. "I settled the Trump University lawsuit for a small fraction of the potential award because as President I have to focus on our country", Trump wrote on Twitter on Saturday morning.

Business

The voters are alt-right? Trump favorability rises after election

Forty-six percent of all voters now hold a favorable view of Trump, compared to 12 percent of respondents who hold an unfavorable opinion, and 34 percent who hold a very unfavorable opinion. And (almost) everybody agrees Steve Bannon was a poor choice for chief White House strategist, with only two in 10 respondents saying it was a "strong" pick.

Business

VW will cut 30000 jobs to revive core brand

It has set aside billions of euros to deal with the crisis, which led to VW's first annual loss in more than 20 years, but the carmaker faces a string of legal and regulatory cases worldwide. " The VW brand needs a real shake-up and that is exactly what the future pact has turned out to be ", said Volkswagen CEO Matthias Mueller. The company is expected to make the announcement later during the day during a press conference, which would take place at the company's headquarters in Wolfsburg.

Business

U.S. stocks turn lower amid Fed officials' remarks

At that time, the market was enduring a nine-day slide. "And under that kind of circumstance, gold is going to be the biggest victim". In equities trading, Tokyo ended 0.6 per cent higher with exporters lifted by the weaker yen. On Friday, it was fairly steady, with the euro unchanged at $1.0618 and the dollar flat at 110.14 yen. The euro fell to $1.0586 from $1.0626. Major U.S.