Democrats Urge Lynch to Probe Wells Fargo Senior Executives
Senate Democrats press Attorney General Loretta Lynch to launch a Justice Department investigation into senior Wells Fargo officials over the fake accounts scandal. The letter cites a 2015 Yates memo directing prosecutors to focus on individuals in large corporate cases amid criticism of past prosecutions after the 2008 crisis.
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Wal Mart tests online pickup in suburbs with car side service
In Franklin Tennessee Anna Brummel uses a Wal Mart online pickup to load groceries into her SUV from a designated parking spot. Wal Mart expands pickup to more than 80 markets as it leverages 4600 stores to boost online grocery growth amid shopper concerns about produce and meat quality.
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Mall of America to close on Thanksgiving Day for first time
The Mall of America will shut its doors on Thanksgiving for the holiday. About 1,200 direct employees plus roughly 13,000 store workers may get the day off, with limited security and maintenance staff working. The mall plans a 5 am Friday reopening to restore the holiday magic.
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Banks Lead Stock Rally As Oil Rises And Rates Seen Up
The stock market reversed two days of losses with gains across banks and energy shares as crude oil prices climb. Bank of America rose 2 percent while the Dow gained 0.6 percent to 18,281.03, the S&P 500 added 0.4 percent to 2,159.73, and the Nasdaq rose 0.5 percent to 5,316.02 as investors price in higher interest rates.
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