Wells Fargo Chief Steps Down Over Sales Scandal
Wells Fargo CEO John Stumpf retires effective immediately and relinquishes chairmanship after a probe into aggressive sales targets. Tim Sloan to succeed as CEO and join the board. 5,300 lower level employees fired amid misconduct. regulators fined the bank $185 million.
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New York
Wells Fargo
John Stumpf
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Tim Sloan
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Samsung ships fireproof Note 7 return boxes in U S
Samsung Electronics will send fire resistant prepaid shipping boxes to U S customers who bought Galaxy Note 7 on Samsung com as recalls continue. Carriers’ customers should follow carrier recall instructions. The firm plans to handle return of more than 1.5 million devices. A YouTube video shows a kit with a static shield bag and recovery boxes.
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Seoul
South Korea
Samsung Electronics
U.S
Samsung
Samsung.com
XDA Developers
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