Robonhood (HOOD) disclosed that the US Securities and Exchange Commission has sent the company a Wells Notice over its crypto business. A Wells Notice is a notification that the regulator is planning to bring an enforcement action against the company. In a blog post, Robinhood’s Chief Legal, Compliance, and Corporate Affairs Officer Dan Gallagher says […]
Tag: wells
South Charlotte road closed for Wells Fargo Championship
CHARLOTTE, N.C. (QUEEN CITY NEWS) — Drivers should be prepared for traffic delays in south Charlotte during the 2024 Wells Fargo Championship, the Charlotte-Mecklenburg Police Department says. Gleneagles Road is closed between Park Road and Quail Hollow Road starting at 6 a.m. on Monday, May 6. The road will remain closed for the rest of […]
U.S. House passes bill with fix for uncapped natural gas wells
Thousands of undiscovered and uncapped natural gas wells are peppered across Pennsylvania. Tuesday, the U.S. House of Representatives passed legislation that would help find and plug those wells. Congresswoman Summer Lee was a co-sponsor. “It is a really big Pennsylvania issue,” she told Channel 11. “These gas wells are still leaking gas and some are […]
Minnesota House lawmakers push forward fertilizer tax to clean up contaminated wells
Minnesota would tax farmers $0.40 per ton of fertilizer to help test and clean up thousands of private wells contaminated with agricultural runoff under a bill that cleared the House’s main agricultural committee. The proposed tax is smaller than earlier versions that had called for charging up to $0.99 per ton in the first year […]
Mineral Wells lake application ‘prioritized’ by state water board, water district manager reports
Apr. 19—MINERAL WELLS — The general manager of Lake Palo Pinto on Tuesday reported a promising response from the state water board to the application to build a new lake. Council members that night also revised the city’s drought contingency plan with measures described as more lenient on residents. The news on the lake’s progress […]
Wells Fargo Says Buy These 2 Stocks for Double-Digit Returns
The markets were reeling toward the end of last week as hot CPI figures sent the major indexes into a tailspin. Meanwhile, it remains to be seen how Iran’s missile and drone attack on Israel on Saturday night shapes the war in the Middle East and affects market sentiment in the week ahead. Looking at […]
Bank Stocks Mixed As JPMorgan, Wells Fargo Report
Banks and major financial firms kicked off the quarterly reporting season in a flurry this week with JPMorgan Chase, Wells Fargo, Citigroup (C), BlackRock and State Street (STT) all reporting early Friday. Financial stocks were mixed Friday morning as earnings rolled in. Bank have generally traded tight, just off their recent peaks. X UBS last […]
Concerns grow over old oil wells leaking at Montana national park — and officials are racing to stop them
Oil and gas extraction causes huge environmental damage, from the drilling required to access these dirty fuels to the planet-warming gases they release when burned. But even when no longer in use, former oil wells can cause harm. In Glacier National Park in Montana, for example, a site near Kintla Lake is still releasing methane […]
New York state is throwing its $260 billion retirement fund at ‘long-standing failures of oversight’ at Tesla, Wells Fargo, and Chipotle
An investment fund wants a reckoning at three major companies after a litany of serious fraud, sexual harassment and racial discrimination allegations against them in recent years. The New York State pension fund, with $260 billion in assets, has hit Chipotle, Tesla, and Wells Fargo with shareholder proposals that would require them to disclose how […]
‘Time to Hit Buy,’ Says Wells Fargo About These 2 Stocks
A full quarter of 2024 is behind us now, and it’s clear that we’re in the midst of another bullish run, similar to last year. The gains are substantial; markets reached a trough in October 2023, and the S&P 500 is up ~24.5% from that point while the NASDAQ has rebounded 29%. Year-to-date, the indexes […]
Wells Fargo overcharged military members, lawsuit claims
Wells Fargo faces a lawsuit alleging the lender concealed overcharges on credit card interest rates and fees for U.S. service members and their families. The complaint, lodged March 20 in U.S. District Court for the Eastern District of North Carolina, claims that Wells Fargo failed to adhere to the provisions of the Servicemembers Civil Relief […]
A man who went into a Wells Fargo and said he had explosives is shot by officer, police say
An ordeal at a Fullerton Wells Fargo bank on Tuesday evening began with a possible robbery attempt in which a man threatened witnesses with an “explosive device” and ended when police shot the individual outside the bank’s doors, according to law enforcement officials. In a statement on social media, the Fullerton Police Department said officers […]