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Wells Fargo faces proposed class action over bogus accounts

September 17, 2016 by · Leave a Comment 

Wells Fargo & Co, embroiled in a scandal over the opening of sham accounts, was sued on Friday by customers who accused the bank of fraud and recklessness for its behavior. The lawsuit was filed in the U.S. District Court in Utah, and seeks class-action status on behalf

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Wells Fargo faces proposed class action over bogus accounts

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U.S. inflation stirring as healthcare, housing costs surge

September 17, 2016 by · Leave a Comment 

U.S. consumer prices rose more than expected in August as healthcare costs recorded their biggest gain in 32-1/2 years, pointing to a steady build-up of inflation that could allow the Federal Reserve to raise interest

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U.S. inflation stirring as healthcare, housing costs surge

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No significant progress in auto talks with GM: Canada Unifor union

September 17, 2016 by · Leave a Comment 

By Ethan Lou TORONTO (Reuters) – General Motors Co and the Canadian union Unifor have not yet made any significant progress in their talks to hammer out a new contract, the labor group's President Jerry Dias said on Saturday as the sides entered the final stretch of negotiations. GM and the Unifor have been divided over union demands that the U.S. carmaker commit to new vehicle models at its Oshawa, Ontario, plant. A four-year contract covering some 20,000 Canadian autoworkers…

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No significant progress in auto talks with GM: Canada Unifor union

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GM recalls 1.04 million pickup trucks worldwide to repair seat belts

April 15, 2016 by · Leave a Comment 

General Motors Co said Friday it is recalling nearly 1.04 million newer pickup trucks for a seat belt flaw. GM said the recall in the United States includes 895,232 vehicles and a stop-sale of approximately 3,000 new 2014 and 2015 model year pickups still on dealer lots. GM said the recall was prompted by warranty data that showed the flexible steel cable that connects the seat belt to

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GM recalls 1.04 million pickup trucks worldwide to repair seat belts