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Former employees file class action against Wells Fargo

Two former Wells Fargo & Co employees have filed a class action in California seeking $2.6 billion or more for workers who tried to meet aggressive sales quotas without engaging in fraud and were later demoted, forced to resign or fired.

Recent Business News

U.S. presidential contest takes center stage for investors

SAN FRANCISCO Who becomes the next U.S. president will be a primary focus for Wall Street next week and beyond, starting on Monday with the first debate between candidates Hillary Clinton and Donald Trump.

Sep 23 2016

Fed's internal split tied to dueling views on jobs outlook

SAN FRANCISCO The split at the Federal Reserve over when to next raise interest rates appears to hinge largely on disagreements over the labor market outlook, comments from policymakers on Friday suggest.

Sep 23 2016

China's Dalian Wanda opens $5.1 billion tourism park

SHANGHAI Dalian Wanda Group, the Chinese entertainment giant owned by the country's richest man, opened the first phase of a sprawling 34 billion yuan ($5.1 billion) tourism park in the eastern city of Hefei on Saturday.

Sep 24 2016

Canada Unifor union sets tentative strike deadline for Fiat Chrysler

TORONTO Canada's Unifor union has set a tentative strike deadline of midnight Oct. 10 for talks with Fiat Chrysler Automobiles NV , the labor group said on Saturday as it prepares to vote on a related deal with General Motors Co .

Sep 24 2016

Target shakes up online leadership with eye on rivals

CHICAGO Target Corp said on Friday its chief digital officer has left the company amid a company overhaul of its e-commerce operations to boost online sales and better compete with larger rivals such as Amazon.com Inc .

Sep 23 2016

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