Top News & Analysis North Dakota

  • Quarterly net income for Omaha, Nebraska- based Berkshire fell to $7.2 billion, or $4,379 per Class A share, from $9.43 billion, or $5,737 per share, a year earlier. Operating profit, which excludes investment and derivative gains and losses, rose 7 percent to $4.85 billion, or $2,951 per share, from $4.55 billion, or $2,769 per share. Results included a $1.6 billion...

  • Quarterly net income for Omaha, Nebraska- based Berkshire fell to $7.2 billion, or $4,379 per Class A share, from $9.43 billion, or $5,737 per share, a year earlier. Operating profit, which excludes investment and derivative gains and losses, rose 7 percent to $4.85 billion, or $2,951 per share, from $4.55 billion, or $2,769 per share. This year's results included a $1.6...

  • Quarterly net income for Omaha, Nebraska- based Berkshire fell to $7.2 billion, or $4,379 per Class A share, from $9.43 billion, or $5,737 per share, a year earlier. Operating profit rose 7 percent to $4.85 billion, or $2,951 per share, from $4.55 billion, or $2,769 per share, but fell short of the average $3,058.10 per share forecast of analysts polled by Thomson...

  • In a letter to Wells Fargo Chief Executive Tim Sloan, Senators Elizabeth Warren, Ron Wyden and Robert Menendez questioned the bank's disclosures about those employees' dismissals in required regulatory filings. The employees who were fired worked for Wells Fargo's retail bank but were licensed by the Financial Industry Regulatory Authority, a Wall Street...

  • In a letter to Wells Fargo Chief Executive Tim Sloan, Senators Elizabeth Warren, Ron Wyden and Robert Menendez questioned the bank's disclosures about those employees' dismissals in required regulatory filings. The letter is the first indication that customers of the brokerage business, known as Wells Fargo Advisors, may also have been affected.

  • Nov 3- Pennsylvania Treasurer Timothy Reese said on Thursday that he suspended Wells Fargo& Co from any treasury investment or trading activities in the state for a year because of its "fraudulent" accounts scandal. The Pennsylvania Treasury said it will continue to monitor the situation and may re-evaluate the bank's status if it showed progress in reforming...

  • Nov 3- Wells Fargo& Co's CEO Tim Sloan said on Thursday a comprehensive review of the bank's sales practices would be done' relatively quickly' and unveiled a series of immediate changes at the bank's retail unit under new division boss Mary Mack. It is also ramping up marketing efforts after having slowed them in the wake of the problems, Mack told an industry...

  • Wells Fargo also said on Thursday that the U.S. Securities and Exchange Commission is investigating the bank's sales practices. Wells Fargo in September agreed to pay regulators $185 million in a settlement over the case. The Wall Street Journal had reported on Wednesday that the SEC is probing whether Wells Fargo violated rules around investor disclosures...

  • Nov 2- The Securities and Exchange Commission is probing whether Wells Fargo& Co violated rules around investor disclosures and other matters relating to its recent sales tactics scandal, the Wall Street Journal reported on Wednesday. The SEC sent requests to Wells Fargo for documents in recent weeks, following senators' calls in late September for the SEC to...

  • Nov 2- The Securities and Exchange Commission is probing to see if Wells Fargo& Co violated rules around investor disclosures and other matters relating to its recent sales tactics scandal, the Wall Street Journal reported on Wednesday. The SEC sent requests to Wells Fargo for documents in recent weeks, following senators' calls, the newspaper said citing...

  • *Army will make final decision based on its own review. WASHINGTON, Nov 2- President Barack Obama said the U.S. government is examining ways to reroute an oil pipeline in North Dakota as it addresses concerns raised by Native American tribes protesting against its construction. "Ultimately, this is a determination the Army must make based on its own review, and we...

  • WASHINGTON, Nov 2- President Barack Obama said the U.S. government is examining ways to reroute an oil pipeline in North Dakota as it addresses concerns raised by Native American tribes protesting against its construction. On Wednesday, protesters on the banks of the Cantapeta Creek confronted law enforcement, as they attempted to build a wooden pedestrian...

  • HELENA, Ala./ NEW YORK, Nov 2- U.S. energy officials sought to determine the extent of gasoline shortages on Wednesday, two days after a fatal blast in Alabama shut a crucial supply pipeline to the East Coast, as retail gasoline prices inched higher in southeastern states. Retail gas prices in Georgia, one of the worst-hit states during Sept. 9 outage, climbed about 3...

  • HELENA, ALABAMA/ NEW YORK, Nov 2- U.S. energy officials sought to determine the extent of gasoline shortages on Wednesday, two days after a fatal blast in Alabama shut a crucial supply pipeline to the East Coast, as retail gasoline prices inched higher in southeastern states. Retail gas prices in Georgia, one of the worst-hit states during Sept. 9 outage, climbed about...

  • WASHINGTON, Nov 2- President Barack Obama said the U.S. government is examining ways to reroute an oil pipeline in North Dakota as it addresses concerns raised by Native American tribes protesting against its construction. Justice and Interior Departments along with the U.S. Army Corps of Engineers halted construction of part of the pipeline in September due...

  • WASHINGTON, Nov 2- President Barack Obama said the U.S. government is examining ways to reroute an oil pipeline in North Dakota as it addresses concerns raised by Native American tribes protesting against its construction. Justice and Interior Departments along with the U.S. Army Corps of Engineers halted construction of part of the pipeline in September due...

  • Nov 2- Gasoline prices at the pump in some southeastern U.S. states inched up on Wednesday, two days after a fatal blast in Alabama shut Colonial Pipeline Co's main gasoline line, crucial to fuel supplies on the East Coast. Retail gas prices in Georgia, one of the worst-hit states during September's outage, climbed about 3 cents to $2.19 a gallon on Wednesday,...

  • WASHINGTON, Nov 2- President Barack Obama has weighed in on the ongoing protests against the construction of an oil pipeline in North Dakota, saying the U.S. government is examining ways to reroute it and address concerns raised by Native American tribes. Justice and Interior Departments along with the U.S. Army Corps of Engineers halted construction of part of...

  • Oct 31- Thousands of supporters of a Native American tribe and environmental activists fighting construction of an oil pipeline in North Dakota turned to social media on Monday in a bid to confuse police who they believe are using it to track the protesters. More than 4,600 people used Facebook's location tagging feature to "check in" on Monday afternoon at the...

  • NEW YORK, Oct 31- Wells Fargo& Co has agreed to pay $50 million to settle a racketeering lawsuit accusing it of overcharging hundreds of thousands of homeowners for appraisals ordered after they defaulted on their mortgage loans. The proposed settlement, which requires court approval, was disclosed in a filing on Friday in an Oakland, California federal court.