BlackBerry has decided to stop making its own phones. The company is going to outsource production of its once-popular devices and focus more on software. What will President Obama and Kim Kardashian West do now?
Elizabeth Warren renewed her demand for Wells Fargo CEO John Stumpf to step down and return the money he made while the bank's fake account scandal was taking place.
Wells Fargo CEO John Stumpf plans to say at Thursday's hearing in Congress that it will drop the controversial sales goals linked to its fake account scandal ahead of schedule.
Wells Fargo executive Carrie Tolstedt could still walk away from the bank with $77 million in stocks and options, despite new efforts by the bank to curb her controversial pay.
Shares of jail owners Corrections Corp. of America and GEO Group tanked Tuesday after Hillary Clinton said in the presidential debate that she applauded the end of private federal prisons and urged states to stop outsourcing as well.
Stocks barely budged Tuesday, even though Donald Trump once again talked about the market being a bubble and repeated his criticisms of Fed chair Janet Yellen. Trump is right that stocks aren't cheap. But is this 2000 again? Hardly.
A pair of fired Wells Fargo workers have filed a class action lawsuit in California against the bank, saying they were fired after refusing to open fake accounts. They seek $2.6 billion.
The Labor Department said it is reviewing both open and closed whistleblower complaints against Wells Fargo amid allegations the bank retaliated against employees. It is part of a "top-to-bottom review" ordered by Labor Secretary Thomas Perez related to Wells Fargo and includes allegations that the bank may have violated federal law by failing to pay workers overtime.
Wells Fargo shares closed below $45 on Monday for the first time since early 2014, the latest sign that the fake account scandal is causing real financial damage.