Regional Business News

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Wells Fargo boots 5,300 employees for creating accounts its customers didn’t ask for

The practice allegedly allowed bank employees to earn bonuses, while customers incurred fees for accounts they did not request.

Wells Fargo Fined $185 Million for Fraudulently Opening Accounts

For years, Wells Fargo employees secretly issued credit cards without a customer’s consent.

Allegiant Air, with ultra-low fares, draws FAA’s attention over safety concerns

In an industry that has habitually struggled to make money, Allegiant’s soaring earnings stand out.

A fortress against fear – In the rural Pacific Northwest, prepping for the day it hits the fan

American Redoubt describes a settlement of the God-fearing in a lightly populated territory that includes Idaho, Montana, Wyoming, and the eastern parts of Washington and Oregon.

Cloud Computing Brings Sprawling Centers, but Few Jobs, to Small Towns

Local people, along with many economists and officials, often think these data centers are a key to an industrial revival. But the reality is less impressive.

Latest: Feds warn states against letting mining companies self-bond

Three major coal companies have filed for bankruptcy this year.

Envisioning Bitcoin’s Technology at the Heart of Global Finance

A new report from the World Economic Forum predicts that the underlying technology introduced by the virtual currency Bitcoin will come to occupy a central place in the global financial system.

Chaos Monkeys’: A Startup Founder’s Silicon Valley Tell-all

Literally every company is basically taking some part of either white-collar or blue-collar work and replacing it with automation.

Airbnb’s Listings Expanded in 2015, but Many Don’t Last Long

Are such services liberating economic opportunities? Pathways to a more just and sustainable society? Or simply new and unregulated ways to abuse the already powerless?

Verizon buys Yahoo for $4.83B, marking end of an era

Verizon won the Yahoo bidding after a five-month auction.