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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

Twitter initiates talks with tech companies over sale: source

Twitter Inc has initiated talks with several technology companies to explore selling itself, a person familiar with the matter said on Friday, signaling the start of what is likely to be a slow-rolling auction of the high-profile but money-losing social media company. | Video

Tech, Deals, Twitter 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.

6:23am EDT

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 .

3:26pm EDT

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

Hanjin says cargo owners withholding $80 million in payments

WILMINGTON, Del Failed South Korean container carrier Hanjin Shipping Co Ltd told a U.S. judge on Friday that cargo owners were withholding up to $80 million in payments for completed shipments, complicating the company's ability to move stranded freight.

Sep 23 2016

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