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Wells Fargo does damage control before Washington grilling

  Bloomberg Wells Fargo & Co. has started doing damage control on Capitol Hill. Tim Sloan, the bank’s president and chief operating officer, has spent most of the week reaching out and meeting with members of Congress and their staffs in Washington, as the lender confronts blowback over allegations it opened more than 2 million accounts without customers’ approval, said ...

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Samsung phones show perils of building better battery

  Bloomberg Samsung Electronics Co., under pressure from consumers for longer-lasting batteries that charge faster, pushed the limits of lithium-ion technology. The effort backfired when some of its new Note 7 handsets caught fire and exploded. Building a better battery has long bedeviled the tech industry. Smartphones are constantly improving, with sharper displays, improved software and cameras rivaling those used ...

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Apple seeks fresh momentum with iPhone launch

  AFP With new iPhones hitting the markets Friday, Apple is seeking to regain momentum and set new trends for the smartphone industry and tech sector. The newest versions of the California-based technology giant’s lifestyle-changing iPhone aim to win over users with sophisticated camera technology, water resistance, more power and other improvements. But Apple has raised eyebrows by eliminating headphone ...

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