Wells Fargo shares tumble 8% after posting $2.4 billion loss, dividend slashed to 10 cents

Wells Fargo on Tuesday posted its first quarterly loss since the Great Recession as the bank set aside $8.4 billion ...
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Coronavirus updates: Pandemic roils corporate earnings; 3M developing rapid antigen test

20 Min Ago Qantas is set to cut nearly all its international flights until March 2021 Qantas Airways is effectively ...
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German court bans Tesla ads claiming its cars are capable of autonomous driving

FILE PHOTO: Tesla super chargers are shown in Mojave, California, U.S. July 10, 2019. REUTERS/Mike Blake/File Photo July 14, 2020 ...
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U.S. carries out the 1st federal execution in nearly 2 decades after Supreme Court clears the way

A correction officer patrols outside Federal Correctional Institution, Terre Haute, as Daniel Lewis Lee, convicted in the killing of three ...
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New Jersey elementary school unveils plan to have students safely return to the classroom

As the coronavirus pandemic continues to worsen, school districts across the country are grappling with how best to safely have ...
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ER doctors and nurses describe fear on the front lines during COVID-19 uptick

Front-line workers in ERs across the South and the West are seeing upticks in coronavirus cases in their hospitals and ...
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Bill Nye demonstrates why wearing masks protects people from COVID-19

Watch CBSN Live Scientist Bill Nye is urging everyone to wear a mask in the fight to stop the coronavirus ...
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Citigroup profit falls 73% as it girds for coronavirus economy

Presumptive Democratic nominee Joe Biden addresses Wall Street's worries, saying if he gets elected, he'll raise salaries, increase infrastructure work ...
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US consumer prices rise 0.6% in June

U.S. consumer prices increased 0.6% in June, after three months of declines, with a big jump in gasoline prices accounting ...
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Wells Fargo posts first loss in more than a decade

Wells Fargo expecting to cut third-quarter dividends following the Federal Reserve's latest stress test. Wells Fargo & Co. posted its ...
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Wells Fargo reports $2.4 billion loss for the quarter, slashes dividend to 10 cents

Charles Scharf Michael Nagle | Bloomberg | Getty Images Wells Fargo on Tuesday posted its first quarterly loss since the ...
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Delta cuts summer flying as demand stalls due to coronavirus, posts $5.7 billion quarterly loss

Delta Air Lines passenger planes are seen parked due to flight reductions made to slow the spread of coronavirus disease ...
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