Wells Fargo to Cut Up to 10 Percent of Workforce Over Next 3 Years

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Wells Fargo to Cut Up to 10 Percent of Workforce Over Next 3 Years

Wells Fargo, the third-biggest U.S. bank, plans to lower its employee headcount by 5 percent to 10 percent in the next three years as part of its ongoing turnaround plan, the company announced Thursday.
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GE Shares Slide as JPMorgan Lowers Price Target on Gas Turbine Concerns

General Electric (GE) shares slumped Thursday after JPMorgan analysts cut their price target on the struggling conglomerate amid concerns that a key gas turbine launch would hit the group's earnings.
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Why you need to watch highs from marijuana stocks — and the Dow

Any thrill about seeing the Dow at its all-time high pretty much goes up in smoke once you consider the buzz around pot stocks. Weed stocks, such as Canadian-based Tilray, are lighting up the market and giving plenty of 20-year-old speculators reason …
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Airlines Fight Push to Regulate Ticket-Change Fees

Airlines have been making a push for more revenue from surcharges such as flight-change and baggage fees. Photo: James Lawler Duggan/Reuters.
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Dow, S&P surge to record closes as economy steams ahead

By Thomas Heath | Washington Post. U.S. stock markets smashed records Thursday as investors tuned out politics, natural disasters and trade to focus on a flourishing economy that is producing robust corporate earnings.
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