LOS ANGELES - Wells Fargo Bank employees driven by strict sales pressure issued unwanted credit cards and opened unauthorized accounts that charged customers fees and damaged their credit, according to a lawsuit filed by the city of Los Angeles.
On Wednesday, Tesla will report first-quarter earnings after the markets' close. We'll cover the news and also CEO Elon Musk's conference call with analysts after the earnings post.
SINGAPORE May 6 (Reuters) - Oil prices edged up on Wednesday towards 2015 highs reached in the previous session, supported by a weaker dollar and a disruption to crude exports in Libya.
Microsoft Corp. is evaluating a bid for Salesforce.com Inc., after the cloud software provider was approached by another would-be buyer, people with knowledge of the matter said.
A broad market reversal is battering hedge funds, spoiling the industry's strongest annual start since the financial crisis. Many funds that bet on global financial and economic trends run by firms such as Fortress Investment Group FIG -2.58 % LLC and ...