Lifestyle and Budget

Samsung Plans Software Update to Cut Galaxy 7 Fire Risk

As Samsung Electronics Co. continued to grapple with the fallout of a massive recall of its newest smartphones, it announced a coming software update to limit the number of accidents, while in China -- one of its most important markets -- it recalled a small batch of phones for the first time.

U.S. Treasury's Lew Faults 'Bad Behavior' at Wells Fargo

U.S. Treasury Secretary Jack Lew said on Tuesday federal regulators were correct to punish Wells Fargo & Co for setting up sham accounts without customers' knowledge, but stopped short of calling for a clawback of pay from the head of the unit where the wrongdoing took place.

Wells Fargo Cuts All Sales Goals as it Seeks to Rebuild Trust

Wells Fargo & Co. said it will eliminate all product sales goals in its retail banking operations in January as it works to rebuild trust after allegedly allowing its employees to open accounts without customers' knowledge to meet targets.

Samsung Shares Slide as Note 7 Recall Takes Toll

Samsung Electronics Co Ltd's shares fell to their lowest level in nearly two months on Monday after the tech giant told customers to switch off and return their new Galaxy Note 7 smartphones due to fire-prone batteries.