Wells Fargo reportedly may eliminate 2016 bonuses for top executives

Wells Fargo’s board is likely to eliminate 2016 bonuses for the bank’s top executives following the bogus account scandal, The Wall Street Journal reported on Wednesday, citing people familiar with the matter. The board met in late January and discussed...

Read this now: No ruling yet on Trump’s immigration ban | La-Z-Boy recliners recalled

Here are some of the key stories CNBC is following this hour: The 9th District Federal Court of Appeals announced that there will be no decision on President Donald Trump’s immigration executive order on Wednesday. The court said it will provide advance notice...

Read this now: Tornadoes | Somalia’s presidential election | Hidden bank accounts

Here are some of the key stories CNBC is following this hour: Thousands of families in Louisiana are picking up the pieces of their lives after several tornadoes touched down. Some in east New Orleans say the destruction was worse than from Hurricane Katrina. No...

Read this now: Sessions vote | Seattle cuts ties with Wells Fargo | Sinkhole in Australia

Here are some of the key stories CNBC is following this hour: Senate Democrats pulled another all-nighter, this time to highlight their opposition to Sen. Jeff Sessions nomination to be attorney general. The senate vote on Sessions is expected to occur this evening....