News

SEC Takes Wells Fargo to Court to Enforce Subpoenas

U.S. securities regulators accused Wells Fargo & Co on Friday of repeatedly ignoring its subpoenas for documents in connection with a probe into the bank's $60 billion sale of mortgage-backed securities.

EBay to Sell Rent.com to PRIMEDIA

EBay Inc agreed to sell its Rent.com unit to PRIMEDIA as the company shifts away from classified and listings businesses to focus on other e-commerce and payments efforts.

Tornadoes Cause Damaging Homes In Illinois, Kentucky

Tornadoes touched down in five states on Friday, damaging homes in Kentucky and Illinois, the National Weather Service and state emergency officials said.