Federal regulators slapped Wells Fargo with sanctions on Tuesday after the troubled bank failed to come up with an acceptable plan to dismantle itself in the event of a bankruptcy.
President-elect Donald Trump has proven to be as unconventional -- and at times outright hostile -- in his interactions with the press during his transition as he was in his campaign.
President-elect Donald Trump picked ExxonMobil CEO Rex Tillerson for secretary of state, and a leading LGBTQ rights group wants the Senate to ask him about gay rights.
Exxon would reap big benefits from lifting sanctions on Russia. Rex Tillerson, a lifetime Exxon man, would be in a position to make that happen as Trump's secretary of state.
Exxon Mobil CEO Tillerson is due to get more than 2 million shares of company stock over the next decade, which poses a major ethical and legal problem if he becomes next secretary of state.
Strange as it may sound, Tesla could thrive during a Donald Trump administration if oil prices keep rising. And as Elon Musk and other tech leaders plan to meet Trump. Musk could remind Trump about what Tesla has done to create jobs.