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SYDNEY (Reuters) - Investors are turning against Australia’s big banks as earnings tumble, growth plans are abandoned, and fee income cut in the fallout from a powerful financial sector misconduct inquiry and more challenging economic conditions.
NEW YORK (Reuters) - CBS Corp (CBS.N) interim chairman Richard Parsons has resigned from the board, the company said in a statement on Sunday.
Parsons, who said he was resigning because of complications from a form of cancer, will be replaced by Strauss Zelnick, who founded the media-focused private equity firm Zelnick Media Capital.
AUSTIN, Texas (Reuters) - Force India’s Esteban Ocon and Haas driver Kevin Magnussen were both disqualified from points positions at the U.S. Grand Prix on Sunday after stewards found they had broken Formula One’s fuel regulations.
TAPACHULA, Mexico (Reuters) - A U.S.-bound caravan of thousands of mostly Honduran migrants whom President Donald Trump has declared unwelcome, began pouring into the Mexican border city of Tapachula on Sunday, setting up impromptu camps in public parks under a heavy rain.
(Reuters) - Hurricane Willa, churning off central Mexico’s Pacific coast, strengthened on Sunday night to a dangerous Category 4 storm, the U.S. National Hurricane Center (NHC) said.
Willa was about 230 miles (370 km) south-southwest of Cabo Corrientes in Mexico with maximum sustained winds of 130 mph (215 kph).