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 (Associated Press)

Wells Fargo to pay $1B for mortgage, auto lending abuses

UPDATED: Fri., April 20, 2018, 4:40 p.m.

Wells Fargo will pay $1 billion to federal regulators to settle charges tied to misconduct at its mortgage and auto lending business, the latest punishment levied against the banking giant for widespread customer abuses.
 (Associated Press)

Amazon worker’s median pay in 2017: $28,446

SEATTLE – Amazon says its median employee pay was $28,446 last year. That data, disclosed Wednesday in Amazon’s annual proxy report, is a reminder that while the technologists, business managers and marketers at Amazon headquarters can make more than $100,000, in most of the country, Amazon is a blue-collar logistics company where workers take home far less.
 (Associated Press)

Facebook moving most users from protection of EU privacy law

Facebook is set to comply with strict new privacy rules in Europe next month, and CEO Mark Zuckerberg has said publicly that those protections will be available around the world. That doesn’t appear to be the case.
This July 9, 2015, file photo, shows signage outside Procter & Gamble corporate headquarters in downtown Cincinnati. (John Minchillo / Associated Press)

P&G reports flat 3Q profit, buys Merck unit

Procter & Gamble Co. reported flat fiscal third-quarter profit as it faces increased competition for consumer products such as shaving cream and household goods.
This Aug. 15, 2017, photo shows an arrangement of pills of the opioid oxycodone-acetaminophen, also known as Percocet, in New York. (Patrick Sison / Associated Press)

New data: Americans filling far fewer opioid prescriptions

The number of prescriptions for opioid painkillers filled in the U.S. fell dramatically last year, showing their biggest drop in 25 years and continuing a decline amid increasing legal restrictions and public awareness of the dangers of addiction, new data show.

Around the Corner

Insurance brokerages come under Alliant Insurance Sandpoint insurance brokerage firms North Idaho Insurance and Summit Insurance Resources Group have assumed the Alliant Insurance Services name and brand.
 (Associated Press)

Amazon partners with Best Buy on smart TVs, a ‘win-win’

UPDATED: Wed., April 18, 2018, 5:20 p.m.

Best Buy already sells the Amazon Kindle and other gadgets, but the deal announced Wednesday makes the electronics retailer the only place where you can walk in and buy a TV powered by Amazon’s Fire TV software.
Robert Sumwalt, National Transportation Safety Board chairman, said Wednesday he would not yet draw broad conclusions about the safety of CFM56 engines or the entire fleet of Boeing 737s. (Associated Press)

U.S. regulators to require inspections after engine explosion

UPDATED: Wed., April 18, 2018, 7:50 p.m.

U.S. airline regulators said late Wednesday they will order inspections on engine fan blades like the one involved in a fatal failure that killed a woman in a plane that made an emergency landing in Philadelphia.
Protesters gather outside of a Starbucks in Philadelphia on Sunday, April 15, 2018, where two black men were arrested April 12 after employees called police to say the men were trespassing. (Associated Press)

Starbucks incident highlights perils of shopping while black

UPDATED: Wed., April 18, 2018, 7:51 p.m.

The term used to describe encounters like the one recently at a Philadelphia Starbucks is “retail racism,” when minority customers are treated differently than white customers through a variety of indignities and slights.
This March 24, 2018 photo provided by Paul G. Allen shows part of the stern section on the light cruiser USS Helena. (Associated Press)

Team backed by Microsoft co-founder locates USS Helena wreck

UPDATED: Wed., April 18, 2018, 5:30 p.m.

A Microsoft co-founder’s mission to locate sunken warships in the South Pacific has chalked up another victory with the discovery of the USS Helena nearly 75 years after it was sunk by Japanese torpedoes in the waters off the Solomon Islands, reviving stories of the battle-tested ship’s endurance and the nearly unbelievable survival of 165 of the crewmen.