Wells Fargo widens fraud account estimate to 3.5 million
Wells Fargo told investors the expanded third party review found about 3.5 million potentially unauthorized accounts from 2009 to 2016, up from 2.1 million. The bank disclosed refunds totaling 6.1 million and noted 528,000 bill pay enrollments might be unauthorized. Former CEO John...
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Wells Fargo
Timothy Sloan
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Michael Yoshikami
Destination Wealth Management
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Apple sets September 12 reveal at Spaceship campus
Apple invites fans to a September 12 event at its Cupertino Spaceship campus. The show unveils a 10th anniversary iPhone with OLED display and 3-D sensor plus updates to iPhone 7/7 Plus, Apple Watch LTE, Apple TV 4K HDR, and related hardware.
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Harvey Affects East Coast Fuel Supply and Prices
Hurricane Harvey disrupts Gulf Coast refineries and pipelines, halting large diesel and gasoline lines. Colonial Pipeline plans to shut main lines, raising East Coast pump prices as Valero Shell and Motiva halt supplies to many stations. Prices climb toward the region as officials assess refinery outages and distribution limits.
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US Stocks Rise on July Spending Gains and Wages
U S markets climbed with health care and tech leading as consumer spending grew 0.3 percent in July and wages rose. The Nasdaq closed at a record high while oil futures spiked as Tropical Storm Harvey disrupted energy operations.
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Commerce Department
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Prudential Financial
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