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Ceo, the move effective taking over the top job at the big bank is current wells fargo president , tim sloan. The big shakeup at one of the nations biggest banks follows the highprofile fake accounts scandal. Wh the bank is alleged to have opened as many as 2 million bank and credit card accounts that may not have been authoriz wells farg paid a 185 million settleme to address the charges, but has since faced public outrage, and an angry congress. Shar rose in afterhours trading on the news. Dominic chu is following the wells fargo s for us this evening. Dom, good to see you. How much of a sur...

Ceo, the move effective taking over the top job at the big bank is current wells fargo president , tim sloan. The big shakeup at one of the nations biggest banks follows the highprofile fake accounts scandal. Wh the bank is alleged to have opened as many as 2 million bank and credit card accounts that may not have been authoriz wells farg paid a 185 million settleme to address the charges, but has since faced public outrage, and an angry congress. Shar rose in afterhours trading on the news. Dominic chu is following the wells fargo s for us this evening. Dom, good to see you. How much of a sur...

Ceo, the move effective taking over the top job at the big bank is current wells fargo president , tim sloan. The big shakeup at one of the nations biggest banks follows the highprofile fake accounts scandal. Wh the bank is alleged to have opened as many as 2 million bank and credit card accounts that may not have been authoriz wells farg paid a 185 million settleme to address the charges, but has since faced public outrage, and an angry congress. Shar rose in afterhours trading on the news. Dominic chu is following the wells fargo s for us this evening. Dom, good to see you. How much of a sur...

Regulators proposing new cybersecurity rules for banks and the government sees one million more people signing up for obamacare next year, just under 14 million. Those are your headlines. Lets get to your money. Oil, the big story now, crude oil rallying 3 . The latest Inventory Data showing a sizable drawdown in inventory. The oil shorts perhaps throwing in the towel, stocks are pushing higher on the back of that, the dow is up about 70 points. And, by the way, for all of you market historians out there, today is the 29th anniversary of the october 1987 stock crash. And if you dont remember t...

Quarterly results late today. We begin with amazon and its big earnings miss, not coming anywhere near where wall street was expecting. And one reason was a sharp rise in the ecommerce companys shipping costs which rose more than 40 . Other expenses included investments in new Growth Markets like fashion and beauty. Here are the numbers. Amazon earned 52 cents a share. Wall street was looking for 78 cents. Revenue rose 29 from a year ago to 32 billion. But its Sales Guidance wasnt as strong as some would have liked. That sent shares lower in initial after hours trading. Heres the onekey takeaw...