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Top News & Analysis North Dakota

  • The bank agreed in September to pay regulators $185 million to settle charges that its staff opened as many as 2 million accounts without customers' knowledge. Wells Fargo said on Friday consumer checking account openings fell 9 percent in November from the previous month, and were down 41 percent from a year earlier. "In the near term, we still have a lot of work to...

  • *Brent fails to break $53 a barrel technical support. *OPEC members to cut oil deliveries to Asia customers in January. NEW YORK, Dec 15- Oil settled little changed on Thursday after sliding to its lowest level in a week in volatile trade, but a surging dollar did not pressure prices below technical support levels as OPEC members told customers they would cut crude...

  • The civil lawsuit, led by antitrust investigators in Connecticut, comes one day after the U.S. Department of Justice filed criminal charges against two generic drug industry executives, alleging that they colluded to fix prices and split up market share. "We believe that this is the tip of the iceberg," Connecticut Attorney General George Jepsen told Reuters in...

  • WASHINGTON, Dec 15- Twenty states filed a lawsuit Thursday against Mylan NV, Teva Pharmaceuticals and four other generic drug makers, saying they conspired on pricing of two common generic drugs, according to a copy of the complaint. The civil lawsuit is one piece of a broader generic drug pricing probe that remains under way at the state and federal level, as well...

  • WASHINGTON, Dec 15- Connecticut and 19 other states filed a lawsuit on Thursday against Mylan NV, Teva Pharmaceuticals and four other generic drug makers saying they entered into illegal conspiracies that raised prices on two common generic drugs, the New York state attorney general's office said in a statement. The civil lawsuit is one piece of broader...

  • In a letter sent in September that became public on Tuesday, the Securities and Exchange Commission asked the bank's controller, Richard Levy, to explain how Wells Fargo went about valuing the portfolio, which it acquired primarily by buying Wachovia. The SEC's questions, which may represent another headache for Wells Fargo following a sales scandal, relate to...

  • WASHINGTON, Dec 14- The U.S. oil and gas industry on Wednesday welcomed President-elect Donald Trump's choice of former Texas Governor Rick Perry to head the U.S. Department of Energy, and wasted no time making its first specific request of him: to support increased exports of America's natural gas overseas. Jack Gerard, president of the Washington- based...

  • WASHINGTON, Dec 14- President-elect Donald Trump on Wednesday named former Texas Governor Rick Perry to head the U.S. Department of Energy, handing the job to a climate change skeptic with close ties to the oil industry who once proposed abolishing the department. In a statement from Trump's transition team, the president-elect cited Perry's tenure leading...

  • *Fed statement at 2 p.m. ET; Yellen presser 30 mins later. *GM, Ford fall after news of potential China penalty. The Fed is widely tipped to lift rates 25 basis points, but investors are likely to pay close attention to Fed Chair Janet Yellen's tone and new forecasts for clues on policymakers' thinking on how President-elect Donald Trump's policies will impact growth...

  • *GM, Ford fall after news of potential China penalty. Dec 14- Wall Street opened little changed on Wednesday, a day after all three major indexes hit record highs, as investors awaited the outcome of the U.S. The announcement is due at 2 p.m. ET, followed by Chair Janet Yellen's news conference 30 minutes later.

  • WASHINGTON, Dec 14- President-elect Donald Trump on Wednesday named former Texas Governor Rick Perry to head the U.S. Department of Energy, handing the job to a climate change skeptic with close ties to the oil industry who once proposed abolishing the department. In a statement from Trump's transition team, the president-elect cited Perry's tenure leading...

  • President-elect Donald Trump on Wednesday formally named former Texas governor Rick Perry to lead the Department of Energy, adding to the list of oil-drilling advocates skeptical about climate change filling out his Cabinet selections. In a statement from Trump's transition team, the president-elect cited Perry's tenure leading Texas, a leading...

  • NEW YORK/ WASHINGTON, Dec 13- U.S. officials on Tuesday limited Wells Fargo& Co's ability to grow its business, punishing the bank for not having a sufficient plan to protect markets in the case of bankruptcy. Wells Fargo is one of eight leading banks that must outline how they would be unwound in an orderly way in bankruptcy. Wells Fargo may submit an amended living...

  • NEW YORK/ WASHINGTON, Dec 13- Wells Fargo would damage financial markets if it were pushed to bankruptcy, U.S. regulators said on Tuesday as they imposed restrictions on the bank's business. On Tuesday, regulators determined that Wells Fargo's living will still fell short and that the San Francisco- based bank would be sanctioned, the Federal Deposit Insurance...

  • WELLS FARGO, AFTER FAILING' LIVING WILL' TEST, SAYS IT BELIEVES IT WILL BE ABLE TO ADDRESS CONCERNS RAISED TODAY IN MARCH 2017 REVISED SUBMISSION.

  • WELLS FARGO PROHIBITED FROM ACQUIRING NON-BANKS AND INTERNATIONAL EXPANSION, REGULATORS SAY.

  • WELLS FARGO FAILS ITS' LIVING WILLS' TEST, FACES SANCTIONS- U.S.

  • Wells Fargo was one of five banks to fail an initial assessment in April. On Tuesday, regulators determined that Wells Fargo's living wills fell short and that the San Francisco- based bank would be sanctioned, the Federal Deposit Insurance Corporation said in a statement. Wells Fargo may submit an amended living will by March 31 and regulators may lift...

  • HOUSTON, Dec 13- Roughly a third of the more than 3,000 barrels of oil that spilled into a North Dakota creek following a pipeline leak last week has been recovered, a local official said on Tuesday. An estimated 4,200 barrels of oil leaked from the Belle Fourche Pipeline on a hill just above the Ash Coulee Creek, and an estimated 3,100 barrels made it into the water,...

  • Pipeline leaks 176,000 gallons of oil into creek

    An oil pipeline spilled 176-thousand gallons of crude into the water, about 150-miles from the Dakota Access protest camp.