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Wells Fargo gets closer to mortgage securities settlement with regulators

Bloomberg Wells Fargo & Co. is edging closer to a settlement with regulators over the crisis-era mortgage bonds investigation that took a $1 billion chunk out of third-quarter profit, according to Chief Financial Officer John Shrewsberry. “We are now having a negotiation, so it’s a matter of probably months or quarters, not anything more than that,” Shrewsberry said in a ...

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Ophelia takes aim at Ireland

Bloomberg The remnants of Ophelia, the most eastern major Atlantic storm on record, are set to batter Ireland with “extreme” conditions on Monday, leading the government to warn of potential flooding in the south and urging schools to stay closed. Ophelia weakened to a category 1 hurricane and is expected to turn into a strong post-tropical cyclone by Sunday night, ...

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Facebook taps into demand for online meal orders

Bloomberg The social network has announced a new feature that will let users buy meals on its website through third-party delivery services like DoorDash or directly from a group of restaurants such as Chipotle Mexican Grill Inc. and Five Guys. Facebook has been working on the new product for a year, and carried out tests with restaurants including Papa John’s. ...

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