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Wells Fargo leads banks up as Trump win seen curbing Warren

  Bloomberg Wells Fargo & Co. climbed for a second straight day, leading US bank stocks higher, as investors bet that a Trump presidency will lead to less regulation, sideline some of the industry’s sharpest critics and lift long-term interest rates. Wells Fargo, which drew bipartisan rebukes from Congress after bank employees opened unauthorized customer accounts, rose 7.8 percent to ...

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AT&T to throttle live video streaming to save on data

  Bloomberg AT&T Inc. will offer wireless subscribers the ability to stream lower-quality video to save on data charges, an industry practice that has raised concern about equal treatment of internet content. Beginning in early 2017, AT&T customers will have the option to use Stream Saver, a video-delivery setting that provides DVD-quality, 480p-screen resolution, according to a statement Friday. The ...

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Tech defanged as stocks from Amazon to Netflix left out of rally

  Bloomberg The election of Donald Trump has been stock market manna for every industry that benefits from an expanding economy but one: technology.Losses among computer and software makers mushroomed and were pronounced in the FANG block of Facebook Inc., Amazon.com Inc., Netflix Inc. and Google parent Alphabet Inc., each of which fell at least 1.9 percent. The Nasdaq 100 ...

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