Wells Fargo Fined $250 Million for Problems in Its Mortgage Business

The Office of the Comptroller of the Currency, one of the bank's top regulators, said the lender had failed to fix problems first identified in 2018. 


 
Epic Games' Houseparty App to Shut Down

The team behind the video-chat app plans to work on other products for the maker of "Fortnite." 


 
Big Four Firms EY, Deloitte Report Higher Revenue

Ernst & Young and Deloitte Touche Tohmatsu both recorded higher revenue for the past fiscal year, allowing them to plan for further investments in services and technologies for clients. 


 
Shell Weighs Mandating Covid-19 Vaccines for Workers

The oil giant by setting a requirement for select areas, including the Gulf of Mexico, would be following in the footsteps of Chevron and other producers. 


 
Airlines Join White House Effort for Cleaner Jet Fuel

The Biden administration announced a new effort to clean up jet fuel, aiming to cut its greenhouse-gas emissions by one-fifth before the end of the decade. 


 
JPMorgan to Buy Restaurant-Discovery Service the Infatuation

The deal is the bank's latest effort to cater to big spenders who like to travel and dine out. 


 
BuzzFeed Revenue Jumps 51% Ahead of Public Listing

The digital publisher, which plans to go public in a SPAC deal with Complex Networks slated to close later this year, said second-quarter advertising revenue rose 79% from a year ago. 


 
Sands China to Raise $1.93 Billion in Debt

Integrated resorts operator Sands China Ltd. will raise US$1.93 billion in debt to redeem notes maturing in two years and strengthen its liquidity position. 


 
EasyJet Rebuffs Bid From Rival as Airlines Reel From Pandemic

One of Europe's biggest carriers rebuffed a takeover proposal by a smaller rival, in the first publicly disclosed attempt at significant consolidation in the ravaged airline industry. 


 
Microsoft Delays Full Headquarters Reopening to Undetermined Future Date

The software giant is abandoning plans to fully reopen its headquarters and other U.S. sites early next month and won't set a new date, for now, given uncertainty around Covid-19.

(END) Dow Jones Newswires

09-09-21 2115ET