Regulators to dig deeper into US luxury property deals

Federal regulators searching for money laundering schemes are digging deeper into who is behind luxury real estate purchases in certain parts of the U.S. The Financial Crimes Enforcement Network said Tuesday it's adding wire transfers to the list of all-cash buys it monitors during certain types of high-end deals.


Why We Were So, So Wrong About Wells Fargo

Everyone makes mistakes, but not many of us air them publicly. That's the theme of this week's "Industry Focus," starting with our prediction in 2015 that concerns about Wells Fargo's cross-selling culture were much ado about nothing.


Business Highlights

___ Stocks rise again, put shaky few weeks further behind them NEW YORK (AP) — Stocks around the world pushed higher Tuesday, as markets firmed following a shaky run the last couple of weeks.


La-Z-Boy Shares Tank After Earnings Miss

Shares of La-Z-Boy Inc. fell more than 15% late Tuesday after the furniture maker reported fiscal first-quarter 2018 earnings and sales below Wall Street expectations and Chief Executive Kurt L. Darrow said the company was "disappointed" with the results.