Wells

Graphical abstract. Credit: Chemosphere (2023). DOI: 10.1016/j.chemosphere.2023.140949 The Marathon City Council says it will end the use of shallow sewage wells, a move that could drastically reduce the pervasive pharmaceutical contamination in local fish populations uncovered by FIU scientists. The announcement was made following a settlement with…

People pass by a Wells Fargo bank on May 17, 2023 in New York City.Spencer Platt | Getty ImagesWells Fargo was snared in an industrywide probe into mortgage bankers' use of loan discounts last year, CNBC has learned.The discounts, known as pricing exceptions, are used by mortgage personnel to help secure deals in competitive markets. At Wells Fargo, for instance, bankers could request pricing exceptions that typically lowered a customer's APR by between 25 to 75 basis points.The practice, used for decades across the home…

Charlie Scharf, CEO, Wells Fargo, speaks during the Milken Institute Global Conference in Beverly Hills, California on May 2, 2023. speaks during the Milken Institute Global Conference in Beverly Hills, California on May 2, 2023. Patrick T. Fallon | Afp | Getty ImagesWells Fargo CEO Charlie Scharf said Tuesday that low staff turnover means the company would likely book a large severance expense in the fourth quarter."We have seen turnover come down and so because of that, we're likely going to have some more severance…

Wells Fargo building in San Francisco.Source: CNBCWells Fargo shares popped Tuesday after the bank said it would buy back $30 billion in stock.The company also said its board of directors approved a previously announced dividend increase, to 35 cents per share from the previous 30 cents. The sum is payable on Sept. 1 to shareholders of record on Aug. 4.Wells Fargo's stock rose more than 3% in extended trading Tuesday.The moves come after the bank beat second-quarter earnings and revenue expectations, driven by a 29%…

In a message shared with the Naughty Dog team today and then later published online, Co-President Evan Wells announced his retirement from the video game development studio. After a career spanning 25 years, Wells revealed that he would be stepping down at the end of the year.Wells expressed mixed emotions as he made the decision to retire, stating, "This is something that I've been discussing with Naughty Dog's Studio Leadership Team for over a year, and with Neil for even longer than that. The decision…

Hey guys, if you are reading this you are probably looking for a summer intern at Wells Fargo, or in general any company in that way (because I honestly just wanted to get into any company, it didn’t really matter which one). Well, kudos to your determination.I’ll give you guys a history of myself so you don’t get confused. I took PCMB in class 12th, then ended up taking ECE at the National Institute of Technology Karnataka (kind of a big-shot college for engineering XD). So, technically my knowledge of computers is as…

There are thousands of abandoned and unplugged oil wells throughout shallow waters, wetlands, and offshore along the Gulf of Mexico that pose environmental risks, according to new research.Chat GPT-4 Worth the Upgrade? | Future TechA study published in Nature Energy found that there are 14,000 orphaned oil and gas wells in waters throughout the Gulf of Mexico’s waters and in Alabama, Louisiana, and Texas. They created a cost analysis for plugging these idle wells after collecting data on more than 80,000 wells drilled in…

Our Techno-Utopian Nightmare Artificial intelligence has become an unavoidable trend, and with that comes an explosion of possibilities and fears. Though A.I. promises to free the masses from the suffering of alienated labor, it also threatens to render many redundant. In some sense, the blessing and curse of A.I. is that it may become too good, painfully exposing just how inadequate our biological modes of being are. In Guerrilla Games’ Horizon franchise, A.I. appears as both the villain and the hero, illustrating the…

The Wells Fargo fine involved a trade finance platform called Eximbills. Photo: David Paul Morris/Bloomberg News…

The US Securities and Exchange Commission (SEC) has threatened to sue Coinbase Global Inc over some of the crypto exchange's products, turning up the heat on the largely unregulated sector. Shares of Coinbase dropped nearly 13% to $67.33 in extended trading after the company said on Wednesday that the regulator had issued it a Wells notice - a formal declaration that SEC staff intend to recommend an enforcement action. The potential enforcement actions would be tied to aspects of Coinbase's spot market as well as its…