Federal labor regulators on Wednesday accused Starbucks of illegally closing 23 stores to stifle organizing activity and trying to force the company to reopen. A complaint filed by a regional office of the National Labor Relations Board argued that Starbucks closed stores because its employees were engaging in union activities or to discourage employees from … [Read more…]
According to sources, Wells Fargo received a formal notice from the Consumer Financial Protection Bureau about problems with its use of mortgage interest discounts. Wells Fargo hired a law firm to outsmart mortgage lenders whose sales included steep discounts, the sources said. Several banks received MRAs on lending practices last year, the CFPB said, without … [Read more…]
FILE – A PG&E helicopter inspects power lines near Forest Hill, California. San Francisco Chronicle/Hearst N/San Francisco Chronicle via Gett After the new plan goes into effect, customers will pay an average of $30 to $35 more per month. The change begins Jan. 1, meaning some customers won’t see the new rate until they receive … [Read more…]