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Federal Reserve Shackles Wells Fargo After Fraud Scandal

Federal Reserve Shackles Wells Fargo After Fraud Scandal

The Federal Reserve, which oversees Wells Fargo, said the bank needed to overhaul its risk management and strengthen its board’s oversight.

Volkswagen Vows to End Experiments on Animals

Volkswagen Vows to End Experiments on Animals

Volkswagen continues to cope with the fallout from a cheating scandal that, among other things, involved its role in financing research into the health effects of diesel emissions on monkeys.

Martin Franklin Adds 2 More Deals to a Long List

Martin Franklin Adds 2 More Deals to a Long List

Martin Franklin has made his name as a mergers and acquisitions specialist.

Ford Aims to Revive a Detroit Train Station, and Itself

Ford Aims to Revive a Detroit Train Station, and Itself

The historic Michigan Central Station in Detroit's Corktown neighborhood, mostly unused since the last train departed in 1988, is being bought and renovated by Ford Motor.

Labor Dept. Plan Could Let the Boss Pocket the Tip

Labor Dept. Plan Could Let the Boss Pocket the Tip

Under an administration proposal, employers could use workers’ tips for essentially any purpose, as long as the workers were directly paid at least the federal minimum wage.

With Disney Deal Looming, Murdoch’s Empire Is Fractured

With Disney Deal Looming, Murdoch’s Empire Is Fractured

Rupert Murdoch agreed in December to sell much of 21st Century Fox to the Walt Disney Company, leaving many wondering what the future holds for Mr. Murdoch and his two sons.

New York Times Reassigns Reporter in Leak Case

New York Times Reassigns Reporter in Leak Case

Ali Watkins, who had been covering federal law enforcement in Washington, will be assigned a mentor and moved to a new beat in New York.

European Companies Rushed to Invest in Iran. What Now?

European Companies Rushed to Invest in Iran. What Now?

A Peugeot 206 at the state-run Iran Khodro automobile manufacturing plant near Tehran. European officials want to protect their companies by finding ways to shield them from American sanctions while they continue doing business in Iran.

Boom and Gloom: An Economic Warning for California

Boom and Gloom: An Economic Warning for California

Whether in recessions or booms, California’s economic cycles tend to be more volatile than overall national trends.

Calm Acceptance as Fed Enacts Its First Interest Increase in Seven Years

Calm Acceptance as Fed Enacts Its First Interest Increase in Seven Years

The Fed’s chief, Janet Yellen, taking questions Wednesday after a rate increase was announced.

Despite Changes, an Overhaul of Wall Street Falls Short

Despite Changes, an Overhaul of Wall Street Falls Short

Jamie Dimon, left, chief of JPMorgan Chase, and Lloyd Blankfein, his counterpart at Goldman Sachs. Four of the six biggest banks were more profitable last year — even after all those supposedly onerous fines — than in 2007.

Combat Veteran Is a Calming Presence After a Catastrophe

Combat Veteran Is a Calming Presence After a Catastrophe

Carlos Martinez says his military experience has helped him learn to cope with disasters. He manages large loss projects for Paul Davis Restoration in Milwaukee.

The Marriage Ended. The Company Thrived.

The Marriage Ended. The Company Thrived.

The EO Products founders Brad Black and Susan Griffin-Black still run their cosmetics company together despite getting divorced in 2007. “We’re a package deal at this point,” Ms. Griffin-Black said.

Not Dressed to Impress, and Running Into a High School Classmate

Not Dressed to Impress, and Running Into a High School Classmate

Denise Colella, chief executive of Maxifier, an advertising technology company, in London with her son Emmitt, now 3.

Leslie Moonves and Shari Redstone Dig In for a Long Legal War at CBS

Leslie Moonves and Shari Redstone Dig In for a Long Legal War at CBS

The battle over a proposed merger of CBS and Viacom grew more intense on Wednesday when CBS amended its lawsuit against its parent company after board voting rules were changed.

‘You Need to Instill Some Confidence’

‘You Need to Instill Some Confidence’

Olivier Jolivet looks for the ability to adapt.


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