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California Punishes Wells Fargo With Yearlong Sanctions Over Fake Accounts Scandal

The state of California is firing back at Wells Fargo by slapping the bank with sanctions over the fake-account scandal.

California Treasurer John Chiang announced on Wednesday that his office is suspending lucrative elements of its business relationship with San Francisco-based Wells Fargo for the next year. 424 more words

Local News

Reports of Exploding Samsung Washing Machines Prompt Warning From U.S. Regulators

Samsung, maker of the troubled Galaxy Note 7 smartphone, has another problem on its hands.

U.S. regulators on Wednesday warned owners of certain top-loading Samsung washing machines of “safety issues” following reports that some have exploded. 332 more words


Wells Fargo to Claw Back Tens of Millions of Dollars From CEO Following Phony Accounts Scandal

Wells Fargo CEO John Stumpf will forfeit much of his 2016 salary — including his bonus and $41 million in stock awards — as the bank launches a probe into its phony accounts scandal. 592 more words


How to Get Richer Every Day

 As Thoreau wisely stated, “I make myself rich by making my wants few.”  

Indeed, the fewer things we desire, the more content we are with what we have.   517 more words

Tiny House

Nearly 1 Million Wal-Mart Workers Awarded Cash Bonuses as Part of Incentive Plan

Wal-Mart handed out cash bonuses of up to $500 to almost a million workers.

The quarterly bonuses went to workers at about 99% of its stores in the United States for meeting targets for sales, profit and “customer experience,” which includes cleanliness and checkout time, company spokesman Kory Lundberg said Wednesday. 168 more words