Top News & Analysis Wisconsin

  • 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...

  • 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...

  • The Navy insists the costly littoral combat ship program is going to be fine after a bumpy start. But two senior senators, Arizona Republican John McCain and Rhode Island Democrat Jack Reed, say it's time for the Navy to question all of its assumptions about the littoral combat ship program, which has been criticized for its growing costs, questions about the...

  • 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...

  • KANSAS CITY, Mo.— Consider two women in their 70 s, both residents of the Kansas City area. At 71, Carole Ramsey knows she has long been fortunate. She married a man who became a successful lawyer, raised their children in Kansas City's affluent western suburbs and now enjoys a comfortable retirement full of international travel.

  • MENOMONEE FALLS, Wis. _ Actuant Corp. on Wednesday reported fiscal fourth-quarter net income of $17.4 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 29 cents per share. For the current quarter ending in December, Actuant expects its per-share earnings to range from 14 cents to 19 cents.

  • Democratic advocates for Flint are now satisfied with renewed guarantees that Flint will get funding later this year to help rid its water system of lead. The White House said Obama will sign the measure and praised the progress on Flint. The temporary spending bill sped through the House shortly after the chamber passed a water projects bill containing the...

  • Donald Trump says he saved former Miss Universe Alicia Machado's job by shaming her into losing weight. Trump told Fox News host Bill O'Reilly Wednesday night that he "saved her job because they wanted to fire her for putting on so much weight." Donald Trump wants to know how many Christian conservatives are backing him in Iowa.

  • McConnell is looking for a way out of the legislative box canyon that doesn't include capitulating on Flint, which GOP leaders fear would start a revolt among House tea party conservatives. The Senate has passed $220 million worth of aid to Flint and other cities grappling with lead-tainted water and want the package added to the temporary spending bill.

  • Sept 27- Democrat Hillary Clinton and Republican Donald Trump traded barbs and accusations on Monday in the first debate ahead of the Nov. 8 U.S. presidential election. Following is a compilation of reaction to the debate from investors, economists and financial market analysts:. JAMES ATHEY, INVESTMENT MANAGER AT ABERDEEN ASSET MANAGEMENT:.

  • ROCHESTER, Mass.— All is not well in cranberry country this harvesting season, the 200th anniversary of the world's first known commercial cultivation. In the birthplace of the industry, many Massachusetts growers whose families have tended bogs for generations are in "dire straits," facing challenges that include rising production costs, decreasing crop...

  • *USDA report shows bean harvest below expectations. SINGAPORE, Sept 27- Chicago soybean futures rose on Tuesday, recovering from last session's over one-week low, as a U.S. government report showed the harvest across the Midwest lagged expectations following heavy rains. Chicago Board of Trade most-active soybean contract had climbed 0.3 percent to $9.48 a...

  • SYDNEY, Sept 27- U.S. soybean prices rose for the first time in three sessions on Tuesday after the U.S. Department of Agriculture said the pace of harvesting was behind analyst expectations. *Heavy showers in recent days waterlogged fields in parts of northern Iowa, Minnesota and Wisconsin. Rivers flooded in parts of Iowa, forcing corn and soy processors to shut...

  • Chicago Board of Trade wheat futures also were lower as investors squared positions ahead of the U.S. Department of Agriculture's quarterly grain stocks report due on Friday. Heavy showers in recent days waterlogged fields in parts of northern Iowa, Minnesota and Wisconsin. Rivers flooded in parts of Iowa, forcing corn and soy processors to shut down in Cedar...

  • DODGEVILLE, Wis.— The CEO of Lands' End, recruited from the New York fashion house Dolce& Gabbana in a bit of a culture clash, has stepped down after less than two years on the job. Federica Marchionni was brought to the Dodgeville, Wisconsin, company with its button-down shirts and casual clothing in February 2015. Her employment agreement specified that she would not...

  • WILMINGTON, Del, Sept 23- Failed South Korean container carrier Hanjin Shipping Co Ltd told a U.S. judge on Friday that cargo owners were withholding up to $80 million in payments for completed shipments, complicating the company's ability to move stranded freight. "Hanjin is not the only bad guy here," Ilana Volkov, an attorney for the shipping company, said at a...

  • CHICAGO/ BEIJING, Sept 23- China on Friday slapped anti-dumping duties on a U.S. animal feed ingredient known as distillers' dried grains amid an intensifying spat between the world's two largest economies over agricultural trade which totaled over $20 billion last year. China is the world's top buyer of DDGS, a by-product of corn ethanol used by feed mills as a...

  • The settlement, which would still need approval from the Federal Energy Regulatory Commission, allows transportation rates to be increased by 34.8 percent. The settlement also requires TransCanada to spend $837 million over three years to upgrade its ANR pipeline system. ANR connects markets in Wisconsin, Michigan, Illinois and Ohio with supplies from...

  • *Fed statement on monetary policy due 2:00 p.m. ET. Sept 21- Wall Street was little changed on Wednesday afternoon, minutes before the Federal Reserve announces its decision on interest rate hikes. Fed Chair Janet Yellen is scheduled to speak at a press conference at 2:30 p.m. ET.