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The Latest Breaking News from Wells Fargo

Michael Hiltzik: Wells Fargo got slammed with a $3.7-billion penalty. So why doesn't it sound sorry?

The Consumer Financial Protection Bureau left very little unsaid when it announced, a few days before Christmas, $3.7 billion in assessments against Wells Fargo Bank for more than a decade of legal violations harming its millions of customers.

Los Angeles Times

Bank hours on Christmas Eve 2022: Bank of America, Chase, Wells Fargo, and more

It’s your last chance to do any banking business until Tuesday.

Fortune

Wells Fargo to pay $3.7 billion in penalties, restitution over ‘widespread mismanagement’

CHARLOTTE, N.C. — Wells Fargo is facing $3.7 billion in fines and restitution after reaching a settlement with federal regulators Tuesday to resolve multiple issues related to auto lending, mortgages and consumer deposit accounts.

Tribune News Service

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Wells Fargo to pay $3.7 billion settling charges it wrongfully seized homes and cars

The case marks the largest penalty ever imposed by the federal watchdog agency the Consumer Financial Protection Bureau. Customers who were harmed will receive $2 billion in restitution.

WEKU

Beyond the basics: Making A.I. a game-changer

Most Fortune 500 companies have made significant investments in building the data foundation on cloud. However, realizing the full value of data requires a change in how data and A.I. are being used across the organization.

Fortune

A 20% home price crash? These 7 forecast models can see it—where the other 13 leading models have the 2023 housing market going

Where 20 leading forecasters foresee home prices going in 2023.

Fortune

Americans turn to takeout orders and reservations this Thanksgiving

Holiday takeout? "We are seeing it explode," a restaurant IT vendor says.

Axios

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Republicans ride ESG backlash to state financial offices

WASHINGTON — Republicans picked up state financial officer positions during the midterm elections amid a campaign against environmental, social and governance investing.

Tribune News Service

Republicans ride ESG backlash to state financial offices - Roll Call

Republican candidates flipped five state offices that manage investments in a backlash against using ESG factors in investment decisions.

Roll Call

Benzinga's Top Ratings Upgrades, Downgrades For November 9, 2022

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Benzinga

Pfizer’s COVID cash powers a ‘marketing machine’ on the hunt for new supernovas

For drugmaker Pfizer, a fortune amassed in the COVID pandemic is now paving the path to pharma nirvana: a weight loss pill worth billions.

Tribune News Service

Pfizer is on the hunt for new blockbuster drugs, backed by its COVID fortune

While sales of its COVID vaccines are falling, Pfizer plans to triple the price of the shots and use its bonanza from government contracts to buy and develop new blockbusters.

Fortune

NYC employers’ solution to pay transparency: $100,000 salary ranges

In the brave, newly transparent world for New York City job seekers, many will still be left wondering: Wait, how much does this role really pay?

Tribune News Service

My wallet was stolen at a bar. Then my identity theft nightmare began

2019 was a pretty exciting year for me.

Los Angeles Times

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Benzinga

Wynn Resorts, Las Vegas Sands And Other Big Casino Stocks From Benzinga's Most Accurate Analysts

As the peak season for the third quarter gets underway, several casino companies have released their earnings reports and investors await reports from other major firms.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For October 31, 2022

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Benzinga

What Wall Street's Top Analysts Say About Coca-Cola, PepsiCo And Other Big Beverage Stocks Reporting Earnings

As the peak season for the third quarter gets underway, several beverage companies have released their earnings reports and investors await reports from other major firms.

Benzinga

Wolfspeed Unusual Options Activity

A whale with a lot of money to spend has taken a noticeably bearish stance on Wolfspeed. Looking at options history for Wolfspeed (NYSE:WOLF) we detected 18 strange trades.

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Benzinga

This Is What Whales Are Betting On Wells Fargo

A whale with a lot of money to spend has taken a noticeably bearish stance on Wells Fargo. Looking at options history for Wells Fargo (NYSE:WFC) we detected 11 strange trades.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For October 26, 2022

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Benzinga

Alphabet To $145? These Analysts Cut Price Targets On Alphabet After Downbeat Q3 Results

Alphabet Inc. (NASDAQ: GOOGL) reported weaker-than-expected earnings results for its third quarter after the closing bell on Tuesday.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For October 25, 2022

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Benzinga

American Express Whale Trades Spotted

A whale with a lot of money to spend has taken a noticeably bullish stance on American Express. Looking at options history for American Express (NYSE:AXP) we detected 12 strange trades.

Tribune News Service

Ken Paxton targets biggest banks for plans to ‘starve’ fossil fuel companies of credit

Attorney General Ken Paxton says Texas is joining a multi-state investigation of the biggest names in banking over whether the financial institutions agreed to block credit to companies involved in fossil fuel-related activities.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For October 20, 2022

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