Top News & Analysis North Dakota

  • WINNIPEG, Manitoba, Oct 3- U.S. corn futures jumped to a 10-1/ 2 week high on Monday, lifted by trades that simultaneously bought the grain and sold wheat, after last week's report on supplies by the U.S. Department of Agriculture. The USDA on Friday said U.S. wheat stocks as of Sept. 1 were the biggest since 1987, while corn supplies were smaller than expected.

  • TOLEDO, Ohio, Oct 3- Democratic U.S. presidential candidate Hillary Clinton on Monday vowed to hold Wells Fargo accountable for "egregious corporate behavior" in a scandal over employees' opening millions of accounts without customers' knowledge. One of the nations' biggest banks bullying thousands of employees into committing fraud against unsuspecting...

  • TOLEDO, Ohio, Oct 3- Democratic U.S. presidential candidate Hillary Clinton on Monday vowed to hold Wells Fargo accountable for "egregious corporate behavior" in a scandal over employees' opening millions of accounts without customers' knowledge. One of the nations' biggest banks bullying thousands of employees into committing fraud against unsuspecting...

  • Bank of America Merrill Lynch was the top underwriter of muni bonds during 2016' s first nine months with 408 deals, totaling nearly $50 billion. So far, California's treasurer and Illinois' governor have suspended the bank from underwriting their states' bonds, while the city of Chicago could take up a two-year ban as soon as this week. New York City's Transitional...

  • WINNIPEG, Manitoba, Oct 3- U.S. corn futures jumped to a 10-1/ 2 week high on Monday, lifted by trades that simultaneously bought the grain and sold wheat, after last week's report on supplies by the U.S. Department of Agriculture. The USDA on Friday said U.S. wheat stocks as of Sept. 1 were the biggest since 1987, while corn supplies were smaller than expected.

  • WHITE PLAINS, N.Y., Oct 3- U.S. presidential candidate Hillary Clinton on Monday will unveil a plan to make it easier for consumers to take legal action against "bad corporate actors," citing Wells Fargo& Co and Mylan Pharmaceuticals, according to a campaign official. Clinton will call on the U.S. Congress to give agencies such as the Federal Trade Commission, the...

  • CHICAGO, Sept 30- Wells Fargo& Co faces possible bans from doing business with the city of Chicago and the state of Illinois in the wake of its sales scandal that erupted earlier this month. Illinois Treasurer Michael Frerichs set a Monday news conference to announce "plans to suspend billions of dollars in investment activity with Wells Fargo," according to an...

  • WASHINGTON/ NEW YORK, Sept 29- U.S. lawmakers called on Thursday for Wells Fargo& Co chief John Stumpf to resign and a top House Democrat demanded the bank be broken up because it is too big to manage. Wells Fargo staff opened checking, savings and credit card accounts without customer say-so for years to satisfy managers' demand for new business, according to a $190...

  • *Crude futures add to Wednesday's gains on OPEC deal. NEW YORK, Sept 29- Crude oil futures rose on Thursday, adding to the previous session's rally on optimism over an OPEC plan to curb output, while stocks fell as Deutsche Bank tumbled after a report said trading clients have withdrawn excess cash and positions held in the largest German lender.

  • *Crude futures add to Wednesday's gains on OPEC deal. NEW YORK, Sept 29- Crude oil futures on Thursday added to the previous session's rally on optimism over an OPEC plan to curb output, while stocks fell as Deutsche Bank tumbled after a report said clients have withdrawn excess cash and positions held in the largest German lender. The Organization of the Petroleum...

  • WASHINGTON/ NEW YORK, Sept 29- U.S. lawmakers called for Wells Fargo& Co chief John Stumpf to resign on Thursday and a top House Democrat demanded the bank be broken because it is too big to manage. Stumpf's second trip to Capitol Hill on Thursday went no better than his first as lawmakers from both parties angrily rebuked his handling of sales abuses and said the bank...

  • Sept 29- Wells Fargo& Co is facing a U.S. Department of Justice sanction for improperly repossessing cars owned by members of the military, Bloomberg reported. Federal prosecutors and the Office of the Comptroller of the Currency plan to punish Wells Fargo for alleged violations of the Servicemembers Civil Relief Act, Bloomberg reported, citing two people with...

  • Wells Fargo was ordered to pay $190 million in fines and restitution this month after regulators said its high-pressure sales environment led to the opening of as many as 2 million customer accounts that customers may not have authorized. Wells Fargo spokeswoman Richele Messick declined to comment on the employees' allegations but said the bank "takes...

  • WASHINGTON/ NEW YORK, Sept 29- Wells Fargo& Co chief John Stumpf's second trip to Capitol Hill on Thursday went no better than his first as lawmakers from both parties angrily rebuked him for the handling of sales abuses and said the bank has damaged customer trust as well as the broader banking system. Representative Mick Mulvaney, a South Carolina Republican,...

  • WASHINGTON/ NEW YORK, Sept 29- Wells Fargo& Co Chief Executive Officer John Stumpf on Thursday offered Capitol Hill lawmakers a series of actions to fix widespread sales abuses but remained defensive on issues like consumer lawsuits, the weakness of an internal investigation and his sale of Wells Fargo shares. Jeb Hensarling, the Republican chairman of the...

  • There is tension in India, for instance, which could restore bids for Treasuries. India said on Thursday it had conducted "surgical strikes" on suspected militants preparing to infiltrate from Pakistan- ruled Kashmir, making its first direct military response to an attack on an army base it blames on Pakistan and raising the risk of escalation.

  • WASHINGTON/ NEW YORK, Sept 29- Wells Fargo& Co Chief Executive Officer John Stumpf returned to Capitol Hill on Thursday offering a package of actions to fix widespread sales abuses that have exploded into a scandal in Washington and on Wall Street. Stumpf, who again faced tough questioning, told House of Representatives lawmakers that Wells Fargo will eliminate...

  • WASHINGTON, Sept 29- At least five Wells Fargo employees have sued the bank or filed complaints with regulators alleging that they were fired after reporting the opening of customer accounts without their permission, according to a Reuters review of lawsuits and complaints to the U.S. Labor Department. Wells Fargo spokeswoman Richele Messick declined to...

  • SENATORS MERKLEY, WARREN, MENENDEZ URGE SEC PROBE OF WELLS FARGO FOR MISLEADING INVESTORS, VIOLATING WHISTLEBLOWER PROTECTIONS.

  • HOUSTON, Sept 29- It was a moment U.S. shale oil producers have been waiting on for more than two years: OPEC nations finally agreed to cut production on Wednesday in a move that lifted low prices ravaging their budgets. U.S. benchmark crude rose more than 5 percent to $47 a barrel on the news, pending final details about the cut, which won't be known until after another...