The deal ends investigations that began after federal regulators revealed in September 2016 that Wells Fargo employees had for years opened millions of unauthorized bank accounts in customers' names. "Fortunately, both federal and state authorities have interceded to remedy Wells Fargo's misconduct". The company has committed to or already provided restitution to consumers in excess of $600 million.
That's in addition to the closure of 46 unprofitable stores that had already been announced on October 15. The store and the Auto Center at 7424 Dodge St.is among 80 slated for close nationwide months after Sears filed for bankruptcy protection .
He added that these new regulations may find their way into the policy itself. Wednesday's notification also said that the cash back that customers get as an incentive while online shopping should not be based on whether the product was bought from an affiliate of the platform or not.
Stock exchanges in London, Frankfurt, Hong Kong and Australia remain closed and will have to digest the recent turmoil when they reopen Thursday. The Nasdaq Composite is up 116 points or 1.9 percent at 6,311. President Donald Trump said a day earlier that the rout that took stocks down 19.8 per cent from a record provided a "tremendous opportunity to buy".
State police spokesperson Dave Procopio said early Friday morning that the department believed the outage knocked out 911 emergency call services for wireless users in the Bay State. The outage only affected wireless 911 call, not landline calls. In Idaho , the internet problems caused the temporary shutdown of phone services at the Idaho Department of Correction and the state's Department of Education, The Idaho Statesman reported.
Top US regulators - including Fed policymakers and the SEC - on the call told Mnuchin that nothing is out of the ordinary with markets, Bloomberg reported. The Fed is like a powerful golfer who can't score because he has no touch - he can't putt! Hassett also said the president was happy with Treasury Secretary Steven Mnuchin , who reportedly faced his own tensions with the president.