Federal regulators slapped Wells Fargo & Co. with a fine of $1 billion on Friday, punishing the San Francisco bank for abuses that harmed mortgage and auto loan borrowers, and for what regulators said was a pervasive and “reckless” lack of risk management. The penalty, announced by the Office of...

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Topics:  wells fargo    co   san francisco   office   billion   auto   mortgage   abuses   regulators   
BING NEWS:
  • Wells Fargo Autograph℠ Card Review: Big Rewards, No Annual Fee
    Cardholders can rack up triple points across a wide swath of common spending categories like dining, travel, gas stations and streaming — all while paying no annual fee. This card offers ...
    04/18/2024 - 12:48 am | View Link
  • Wells Fargo tells state court why it should toss out $34M lawsuit from former CEO
    Wells Fargo wants a California state court to toss out a lawsuit filed by former CEO Timothy Sloan who claims the bank owes him $34 million in compensation.
    04/17/2024 - 10:00 am | View Link
  • The best Wells Fargo credit cards in April 2024
    Wells Fargo may not be the biggest credit card issuer in the US, but its appealing range of cards is worth considering. Whether you want to earn cash rewards for your spending, stock up on ...
    04/16/2024 - 8:09 pm | View Link
  • Wells Fargo (NYSE: WFC)
    Wells Fargo & Co. is a diversified, community-based financial services company. It is engaged in the provision of banking, insurance, investments, mortgage ... lending, credit cards, auto, and ...
    04/16/2024 - 5:00 am | View Link
  • Wells Fargo Bank Review: Checking, Savings and CDs
    This is where you add a linked Wells Fargo checking account, and each time you make a debit purchase or pay a bill from ... including nearly $4 billion in fines levied by the CFPB in December ...
    04/15/2024 - 1:00 pm | View Link
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    Mashable, Tuesday - 04/23/2024 - 04:33 PM

    We all want to make greener choices, but shopping for sustainable tech products isn’t quite as easy as choosing greener fashion or furniture, partly because high-performance second-hand tech is almost impossible to come by. Dell and Intel have set out to change that with their Advancing Sustainability action plan, which aims to drive sustainability across the entire product lifecycle.

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  • New FTC Rule Bans ‘Noncompete’ Agreements for Most Employees
    Time, Tuesday - 04/23/2024 - 04:11 PM

    (WASHINGTON, D. C.) — U. S. companies would no longer be able to bar employees from taking jobs with competitors under a rule approved by a federal agency Tuesday, though the rule is sure to be challenged in court. The Federal Trade Commission voted Tuesday 3-2 to ban measures known as noncompete agreements, which bar workers from jumping to or starting competing companies for a prescribed period of time.

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  • A TikTok ban would probably also take down CapCut, Lemon8, and more
    Mashable, Tuesday - 04/23/2024 - 03:58 PM

    The U. S. government is inching closer and closer to a TikTok ban, a move that would impact more than just TikTok. As Mashable reported over the weekend, the House passed an updated version of the ban with bipartisan support. If or when it makes its way to President Biden's desk, Biden has signaled he will sign it into law, and effectively ban TikTok in the U.

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  • Adobe unveils AI features for Photoshop — but not everyone is happy about it
    Mashable, Tuesday - 04/23/2024 - 03:16 PM

    Adobe has new generative AI features for rookie Photoshop users, but there are concerns from creative professionals. On Tuesday, Adobe announced a beta version of Photoshop with new features to generate and edit images from text prompts. Generative AI capabilities are powered by Adobe's Firefly Image 3 model which was also released today.

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  • The case for Tesla without Musk
    Mashable, Tuesday - 04/23/2024 - 02:40 PM

    Pop quiz, Tesla fans. Who at the EV automaker made this memorable assessment of the company's latest product: "we have dug our own grave with the Cybertruck"? Was it some cowardly VP who doesn't believe in Dear Leader's glorious vision? Perhaps Drew Baglino or Rohan Patel, two top execs who joined the ten percent of Tesla employees getting pink slips this week?

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  • Rumored new 4K Chromecast may fix long-standing storage issues
    Ars Technica, Tuesday - 04/23/2024 - 01:43 PM

    Enlarge / The 2020 4K Chromecast with Google TV. It comes in colors. (credit: Google) It sounds like Google is cooking up another Google TV dongle. 9to5Google's sources say a new 4K model of the Chromecast with Google TV is in the works. It would be a sequel to the aging 2020 model that was never really fit for the job in the first place.

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