Wells Fargo terminates employees over potential COVID-19 relief fraud
Wells Fargo has fired around 100 to 125 employees suspected of improperly obtaining coronavirus relief funds, a source familiar with the situation told FOX Business.
Verizon CEO: 5G-ready iPhone plan has been in works for a 'long time'
Verizon CEO Hans Vestberg took the stage at Apple’s iPhone 12 launch on Tuesday to announce the nationwide rollout of 5G networking.
Is Disney World really operating at 25% capacity?
With the state recently loosening restrictions for theme park operators, is Disney World really operating at 25% of its capacity? There are some good reasons to take Disney on its word.
Google censorship is 'naked and brazen': Sen. Ted Cruz
Google and other big tech have "gotten really bad with censorship, manipulation, open political bias," Sen. Ted Cruz, R-Texas, told "Mornings with Maria" Wednesday.
Starbucks aims to increase corporate workforce diversity, commits over $1.5M in grants to nonprofits
Starbucks will publicly track how well it's meeting diversity goals as it works to be more transparent in its commitment to providing a more inclusive environment, the coffee giant announced Wednesday.
Uber, GE partner on aerial ride-sharing program in bid to reimagine post-pandemic aviation industry
Uber and GE announced a new partnership Wednesday to transform the world through aerial ridesharing on the largescale, as the aviation industry is reimagined for the post-pandemic era.
Kraft Macaroni & Cheese responds to criticism of 'Send Noods' campaign, vows to remove social media posts
Keep your “noods” to yourself.
Wells Fargo overcomes pandemic, fake-account fallout in return to profitability
The San Francisco-based lender earned $2.04 billion, or 42 cents per share, missing the 45 cents that Wall Street analysts surveyed by Refinitiv were expecting. The results were an improvement from last quarter’s $2.38 billion loss, but marked a 56% decline from the $4.61 billion earned a year ago.
Wildfire safety blackouts in California by PG&E could leave homes without power till Friday
A return of bone-dry humidity and gusty winds Wednesday in Northern Calfornia during the peak of wildfire season is expected to result in power outages for tens of thousands of customers that could last until Friday.
Sen. Warren slams Disney for layoffs, executives' salaries
Sen. Elizabeth Warren slammed Walt Disney Co's move to lay off 28,000 workers while making shareholder payouts in the years leading up to the COVID-19 pandemic, demanding more information from company executives on the measures.
Delta posts $5.4B loss as coronavirus pandemic batters airline industry
Delta's CEO sees more cash bleed through the spring as the coronavirus pandemic continues to batter the travel industry.
Apple says iPhone can now access Verizon 5G network
Verizon will offer the new iPhone 12 lineup, including iPhone 12 Pro, iPhone 12 Pro Max, iPhone 12, and iPhone 12 mini, on the 5G access network – a service for 200 million people providing customers up to 4Gbps download speeds.
Ford moves Escape SUV production to next year
Ford, which builds Escape vehicles at Louisville plant in Kentucky, had first planned their production last spring
Walmart extends Black Friday deals as spending habits change
The promotion will offer Walmart shoppers reduced prices during three separate savings events across November
Google to provide Mideast grants, loans to train digital skills
Google will also provide $3 million in loans to thousands of businesses in the region
Netflix ends free 30-day trial period in U.S.
The free trial wasn't the only way to nab Netflix content for free, as the company also operates the Netflix Watch Free site, which offers some of the streamer's biggest titles for no charge.
Theater chain AMC says it could run out of cash by year-end
At AMC's current cash-burn rate, reserves would be depleted by the end of this year or early next year, Kansas-based AMC said.
Twitter to pay $100K for campaign finance violations in Washington state
Twitter must pay $100,000 to Washington state for violating campaign finance laws between 2012 and 2019.
US officials investigate reports of fires in Chevy Bolt electric vehicles
The agency says in documents posted on its website Tuesday that it has three reports of fires that began under the rear seat while the cars were parked and unattended. One of the reports indicated that a person suffered smoke inhalation.
Power outages in Northern California may impact 50,000 PG&E customers in safety shutoffs
The nation's largest utility warned customers on Monday it may have to cut power to portions of 21 counties in Northern California due to the region expected to see strong winds and high temperatures that may lead to wildfires.



















