Wells Fargo CEO John Stumpf appeared before the Senate Banking Committee on Tuesday to answer questions about the bank's sales tactics. Bank employees opened as many as 2 million unauthorized accounts in order to meet sales goals and collect bonuses. Wells Fargo agreed to pay a $185 million fine to the Consumer Financial Protection Bureau, but did not acknowledge any wrongdoing. Now the Justice Department is reportedly conducting its own investigation.
Republican presidential nominee Donald Trump says if he's elected president he will bring back some of the millions of manufacturing jobs that the United States has lost in recent decades. Democrat Hillary Clinton has a manufacturing plan as well, one she says will help create the manufacturing jobs of the future.
European Union regulators on Tuesday said Apple must pay a tax bill of $14.5 billion on its European profits earned in Ireland. Lots of people are reacting, including the Irish finance minister, the White House and stock analysts.
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