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Stocks skid as drugmakers fall
NEW YORK — U.S. stocks skidded Thursday as drug companies and banks absorbed large losses. Drugmakers faced scrutiny over price increases, while banks fell as investors worried about the stability of Deutsche Bank and other financial institutions. Stocks were slightly lower in morning trading, a...
By Marley Jay The Associated Press FULL STORY
 
CEO: Nearly 150,000 Wells Fargo accounts in Texas possibly affected
WASHINGTON — The CEO of Wells Fargo says nearly 150,000 Texas accounts possibly were affected in the banking scandal that’s drawn the attention of Congress. Chief Executive John Stumpf testified Thursday before the House Financial Services Committee that the bank is expanding its revi...
The Associated Press FULL STORY
House lawmakers heap blistering criticism on Wells Fargo CEO
WASHINGTON — Angry lawmakers heaped another round of blistering criticism on Wells Fargo’s CEO, pressing Thursday for details about what senior managers knew about allegedly illegal sales practices and when any concerns were disclosed. Chief Executive John Stumpf, newly stripped of tens of mil...
By Marcy Gordon and Ken Sweet The Associated Press FULL STORY
 
Tesla rear-ends bus in Germany, driver blames the car’s Autopilot
BERLIN — Police in northern Germany say that a Tesla driver is blaming the car’s Autopilot after crashing into the rear of a bus on a highway. But Tesla says the Autopilot was not at fault. Ratzeburg police say that the crash happened Wednesday afternoon on a stretch of autobahn about...
The Associated Press FULL STORY
 
 
  


 
 
 
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