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Wells Fargo boosts fake-account estimate 67% to 3.5 million

Bloomberg Wells Fargo & Co. raised its estimate for how many bogus accounts employees may have created, a sign the bank is still struggling to move past a scandal that sparked record fines and congressional investigations. An outside review into more than 165 million deposit and credit-card accounts found an additional 1.4 million that were potentially unauthorised, bringing the total ...

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Amazon turns Twitch streamers into ‘pitchmen’

Bloomberg Amazon.com Inc. will pay commissions to gamers, artists, chefs and others on its Twitch Interactive video-streaming service for selling products to their fans through its retail site. Think of it as video-game broadcasters hosting virtual Tupperware parties. Except they’re more likely to hawk headsets and consoles than salad spinners. At least for now. Twitch announced the initiative ahead of ...

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Merkel says diesel bans to be avoided as clean-air aid doubled

Bloomberg Chancellor Angela Merkel said German authorities are committed to avoiding city driving bans for diesel cars and pledged to double a federal clean-air fund to 1 billion euros. Merkel sought to address fallout from Germany’s diesel scandal during a meeting at the chancellery in Berlin, a day after her main election opponent pressed her in a television debate to ...

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