Wells fargo Stories
Stock Index Futures Signal Higher Wall Street Open
Stock index futures pointed to a higher open for equities on Wall Street on Wednesday, with futures for the S&P 500, Dow Jones and Nasdaq 100 rising 0.5 to 0.6 percent.
Long Branch Fire: 24 Apartments, Businesses Lost on Jersey Shore [Slideshow]
Ten businesses and 14 apartments have been destroyed or damaged in the fire that swept through Brighton Avenue in the West End of Long Branch on Monday. The fire was declared under control at 7:15 P.M. Buildings between 54 and 71 Brighton Avenue were damaged throughout the day due to the fire. The fire left over a dozen tenant's homeless. Those whose homes were caught in the fire are currently at the Long Branch Senior Center where they are being aided by Red Cross officials.
U.S. Retail Sales Rose 0.4% in Jan, Lower Than Expected
Sales at U.S. retailers climbed slightly in January as Americans took advantage of post-holiday promotions, and although Tuesday's data fell short of economists' median projection, it still provided yet another hopeful sign of a strengthening economy.
Fire Hits Long Branch, N.J., Monmouth College Town [Slideshow]
A fire struck the West End of Long Branch, New Jersey on Monday. Beginning around 10:30 a.m. the fire reportedly started at a dance academy located at 59 Brighton Avenue. Firefighters were at the scene past 4:00 p.m. as buildings collapsed.
Retail Sales Rose in January: U.S. Economy Preview
Sales at U.S. retailers probably climbed in January as Americans bought more new cars and shoppers took advantage of post-holiday promotions, a sign that the U.S. economy is recovering, economists said before a report this week.
PepsiCo's Plan Leaves Some Investors Thirsting for More
PepsiCo Inc Chief Executive Indra Nooyi laid out a plan to turn around the company's North American soft drink business that includes ramping up advertising, cutting thousands of jobs and a bigger-than-expected decline in near-term earnings.
U.S. bank regulators roll fines into mortgage pact
The Federal Reserve announced on Thursday it has reached an agreement with five U.S. banks on penalties totaling $766.5 million over problems in their mortgage servicing businesses as part of a larger $25 billion foreclosure deal struck between the banks and state and federal agencies.
Bank regulators roll fines into mortgage pact
The Federal Reserve announced on Thursday it has reached an agreement with five U.S. banks on penalties totaling $766.5 million over problems in their mortgage servicing businesses as part of a larger $25 billion foreclosure deal struck between the banks and state and federal agencies.
Foreclosure Settlement: Is it Too Little? Top Negotiator Defends Deal
Officials Thursday detailed a nationwide settlement with five large banks over foreclosure practices. Negotiators defended the deal as a way to give immediate relief to homeowners and victims of foreclosure abuses.
US bank regulators roll fines into mortgage pact
U.S. banking regulators are using the agreement announced on Thursday between large U.S. banks and state and federal agencies over foreclosure abuses as a vehicle for levying their own fines on banks for problems in their mortgage servicing businesses.
Will the $26 Billion Mortgage Settlement Help You?
The massive $26 billion mortgage settlement between states and banks is designed to help millions of American homeowners -- but not everyone is eligible.
States, Lenders Reach $26 Billion Mortgage Settlement
Forty-nine states and five major banks reached a $26 billion mortgage settlement that will aid about two million homeowners, government officials announced Thursday.
U.S. Reaches Mortgage Deal with Top Banks
The announcement caps more than a year of chaotic negotiations among state and federal officials, and the banks, who have been accused of using robosigners and unlawful documentation to deal with a flood of foreclosures.
Mortgage Deal Nears with California, N.Y. Reported Joining
California and New York, two big holdout states in a $25 billion mortgage settlement, are expected to join the deal, smoothing the way for an announcement on Thursday, according to a person familiar with the matter.
Mortgage deal nears as holdout states join
California and New York, two big holdout states in a $25 billion mortgage settlement, are expected to join the deal, smoothing the way for an announcement on Thursday, according to a person familiar with the matter.
Holdout States Lured Back into Mortgage Deal; Announcement Expected
California and New York, two key holdout states for a multi-state mortgage settlement, are expected to join the deal, smoothing the way for an announcement expected on Thursday, according to a person familiar with the matter.
Wells Fargo's Carroll eyes cross-selling by brokers
After years of driving bank merger integrations, David Carroll is putting the same kind of energy into fine-tuning the wealth, brokerage and retirement services business he runs for Wells Fargo & Co .
Eyes on dissident states as mortgage deal nears
A broad settlement with major banks over mortgage servicing abuses that would bring relief to distressed U.S. homeowners could be announced as early Thursday, two people familiar with the matter said.
76ers spoil Kobe milestone with win over Lakers
Kobe Bryant moved past Shaquille O'Neal to become the NBA's fifth highest scorer Monday but it was a bitter-sweet moment for the Los Angeles guard as the Lakers lost 95-90 to the Philadelphia 76ers.
Analysis: Banks Prepared for Cost of U.S. Mortgage Pact
As the nation's five largest mortgage lenders edge close to a $25 billion settlement over foreclosure abuses, it's becoming clear that the deal will have little or no impact on their future bottom lines.
Delaware officials wrestle over mortgage deal
Delaware stands to leave up to $40 million in homeowner relief on the table, if it does not join a multi-state mortgage settlement, according to a letter from the state's banking commissioner seen by Reuters on Tuesday.
Madonna 2012 World Tour Announced: Full Details and Tour Dates [VIDEO]
On the heels of Super Bowl 2012 halftime show, which was viewed by a record setting 114 million people, Madonna has announced plans and details of an upcoming 2012 world tour.
Mortgage Deal Faces Setbacks as Many States Ignore Deadline
A multi-state mortgage settlement in the works for more than a year will likely be pushed back again as dissident U.S. states continue to press specific concerns and ignore a Monday deadline to decide whether they will sign it.
California, NY May Join Foreclosure Settlement as Deadline Looms
California and New York may join a settlement between states and major lenders over foreclosure fraud, potentially boosting the banks' aid to homeowners to $25 billion from $19 billion.
Josh Powell's Dead Children: Mommy Was in the Trunk
In an apparent murder-suicide Josh Powell, the husband of missing Utah woman Susan Powell, allegedly ignited a gas leak in his own home, killing him and his two children on Sunday.
N.Y. Attorney General Schneiderman Accuses Banks, Mortgage Registry of Illegal Foreclosures
The lawsuit accuses banks of creating a registry service that fails to accurately track mortgage ownership and lacks any legal authority to initiate foreclosures.
Unemployment Falls to 8.3% in January; Payrolls Surge 243,000
Hiring in the U.S. accelerated in January for a third month and the jobless rate fell unexpectedly to the lowest point in almost three years, signaling the labor market is gaining momentum.
Wells Fargo Topples Bank of America to Become Largest U.S. Mortgage Servicer
The Bank of America is no longer the nation's biggest mortgage servicer in the U.S., according to the latest report.
Mortgage Deal Would Give States Enforcement Clout
A proposed settlement to resolve mortgage abuses by top U.S. banks will give states broad authority to punish firms that mistreat borrowers in the future, according to documents seen by Reuters on Wednesday.
Unemployment Rate Likely to Hold at 8.5% in January: U.S. Economy Preview
Employers hired fewer workers in January than they did in December, showing companies and banks that lend to them remain concerned U.S. economic growth will cool after expanding rapidly in the fourth quarter of 2011, according to a survey of economists.