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Wal Mart supplier recalls U.S. frozen pizzas over possible listeria

CHICAGO A Wal-Mart Stores Inc (WMT. N) supplier has recalled frozen pizzas available in 11 U.S. states due to concerns about possible listeria contamination, according to the retailer and the U.S. Department of Agriculture. About 6,700 pizzas sold under Wal-Mart's Marketside brand were affected by the recall, a representative of the supplier said on Thursday. RBR Meat Company recalled about 21,220 pounds of Marketside Extra Large Supreme Pizza that were shipped to retail distribution centers in California, Nevada, Utah and Washington, the USDA said on Wednesday. The product carries the code 20547.

Wal-Mart and the USDA said they were unaware of illnesses linked to the pizzas. The retailer said it started removing the products from its shelves and inventory as soon as it received notice of the recall from Rose & Shore, a food company affiliated with Vernon, California-based RBR.

The pizzas were available in California, Colorado, Nevada, Washington state, Idaho, Montana, Oregon, Utah, Wyoming, Alaska and Hawaii, Wal-Mart said. Sam's Club was not affected. People should not eat the pizzas, according to the USDA's Food Safety and Inspection Service. It said RBR discovered the possible listeria contamination during routine sampling.

Listeriosis is a serious illness caused by eating food contaminated with listeria bacterium, according to the U.S. Centers for Disease Control and Prevention

Wells Fargo demotes senior executives in retail banking unit WSJ

Wells Fargo & Co (WFC. N) has taken further steps to restructure its retail banking business, demoting some senior executives within the bank, the Wall Street Journal reported on Thursday, citing employees and memos. Mary Mack, who took over the retail banking unit in July, wrote in a memo on Tuesday that she was reorganizing groups within the business to expand its focus on about 6,000 branches across the U.S., the WSJ reported.

Wells Fargo had estimated in September that up to 2.1 million customers may have had checking and credit card accounts opened in their names without their permission over a period of several years.

Thousands of employees were fired due to customer abuses, which stemmed from aggressive sales targets implemented by managers. Wells' then-CEO John Stumpf abruptly left the bank because of the scandal.

Group with Jahm Najafi,Pamplona Capital bid for Time Inc: WSJ A group that includes Jahm Najafi, chief executive of the Phoenix-based investment firm Najafi Companies, and private-equity firm Pamplona Capital Management has emerged as a bidder for Time Inc , the Wall Street Journal reported, citing people familiar with the matter.

Bayer, Monsanto start $2.5 billion asset sale to get merger clearance: sources FRANKFURT German drug and crop chemical maker Bayer and U.S. seeds company Monsanto are launching asset sales worth roughly $2.5 billion as they seek regulatory clearance for their $66 billion merger, people close to the matter said.

Shell sells Canadian oil sands, ties bonuses to emissions cuts LONDON Royal Dutch Shell has agreed to sell most of its Canadian oil sands assets for $8.5 billion, the latest international oil major to withdraw from the costly and carbon-heavy projects.