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The lender said in July it would launch a broad cost-cutting initiative this season as the bank braces for massive loan losses brought on by the pandemic and continues to operate through costly regulatory and operational problems tied to some long-running sales scandal. Layoffs, branch closures and cuts to third party spending have been on the table, the bank's executives had then said. "We hope to reduce the size of our workforce through a combination of attrition, the removal of open roles, and project displacements," a spokeswoman said in an email, including that Wells Fargo was operating to deliver its expenses more in line with its peers and make a business which is more"nimble". The bank will offer severance and career assistance to impacted staff. Big U.S. banks had stalled decisions about personnel cuts when the virus epidemic first began to take hold, together with executives saying they are unsure how long the outbreak would damage the economy and conc

Goodyear has clarified its position regarding the sort of attire employees can wear after President Donald Trump called for a boycott of the company. Attire expressing support for includes"Black Lives Matter" and LGBT pride expressions were deemed acceptable, according to a presentation slide shared by an employee. In reaction, Trump advocated a boycott of all Goodyear tires. "They declared a BAN ON MAGA HATS. Get much better tires for far less!" Trump tweeted "This is what the Radical Left Democrats do. Two can play the exact same match, and we must begin playing with it now!" In response, Goodyear said that there were"misconceptions" regarding their office attire policies. In a statement, Goodyear reported they ask partners to"refrain" from workplace expressions showing aid of political campaigning for any candidate or political party, as well as"similar forms of advocacy that fall beyond the reach of racial equity and justice pr

U.S. Postmaster Louis DeJoy on Friday advised lawmakers that the Postal Service has not altered the way it handles election mail as he sought to assure the people that ballots will be managed"securely and on time" in the November presidential election. In his first public appearance before Congress, DeJoy sought to tamp down Democratic concerns that service flaws prompted by his cost-cutting measures could result in millions of uncounted ballots in the Nov. 3 election and also help Republican President Donald Trump. DeJoy, that has donated millions of dollars to Trump along with other Republicans, stated he has not spoken to the Trump effort or White House Staff Mark Meadows about postal service operations. DeJoy said postal employees will prioritize election mail as they have in the past, adding that he'd personally vote by email. "As we head into the election period, I wish to assure this committee and the American public the Postal Service is fully capable and com

Southern U.S. states, that have been hit hardest by the COVID-19 outbreak, are seeing a progressive fall in coronavirus cases, the director of the U.S. Centers for Disease Control and Prevention (CDC) said on Thursday. "Hopefully, by this week and next week we'll observe the death rate really begin to fall (across the country)," CDC Director Robert Redfield said in an interview to the Journal of the American Medical Association. The United States has more than 5 million cases of supported coronavirus infections, the highest in the world, according to a Reuters tally. However, Redfield warned that data from 21 U.S. states revealed there was no drop in coronavirus cases for countries such as Nebraska and Oklahoma. "We do not need to have a third wave in the heartlands, we need to prevent that."

The spouse of stricken Kremlin critic Alexei Navalny appealed to President Vladimir Putin on Friday to allow the opposition politician to be flown to Germany for urgent medical care from a hospital in Siberia. Navalny, a foe of Putin and his lieutenants and a campainger against corruption, is in serious condition after drinking tea on Thursday morning that his allies believe was laced with poison. His condition improved a little overnight but his life was in danger and he wasn't well enough to be moved from the hospital, doctors treating him in Omsk, Siberia, said. German doctors flew into the city in an air ambulance delivered by the Berlin-based Cinema for Peace Foundation, a non-profit organisation, with the intent of flying him to Germany if possible. Alexander Murakhovsky, the head doctor at the hospital,'' said Navalny was diagnosed with a metabolic disease that may have been brought on by low blood sugar. He explained traces of industrial chemical compounds were foun

Peter Marks, manager of the Food and Drug Administration's Center for Biologics Evaluation and Research, made the statement in reaction to concerns raised on a conference call late last week of police officers, pharmaceutical executives and professors who serve on a vaccine working group coordinated by the National Institutes of Health, according to three sources knowledgeable about the matter. Scientists, public health officials and lawmakers are worried that the Trump government will pressure the FDA to authorize a COVID-19 vaccine ahead of the November presidential elections, even if data from clinical trials don't encourage its widespread use. Marks told Reuters he has not faced any political pressure and the FDA will be guided by science alone. Should this change,"that I could not stand by and see anything that was dangerous or inefficient that was being put through," Marks said. "You've got to decide where your reddish line is, and that's my red lin

"I am strictly following the direction of our medical experts and strongly urge others to do the same," that the Louisiana Republican, himself a doctor, said in the announcement. Senator Rand Paul, a Republican, is the only other senator to have tested positive for the virus, back in March. Neither chamber is in session right now. In July, House Speaker Nancy Pelosi issued a mask mandate for the House floor after Representative Louie Gohmert, who frequently refused to wear a mask, tested positive. Elsewhere in the Capitol, mask wearing is encouraged for lawmakers, but not mandated. In July, face masks were mandated on the House floor by speaker Nancy Pelosi, after Texas representative Louie Gohmert tested positive for Covid-19. Mr Gohmert, who publicly opposed masks and refused to wear face coverings while walking through Congress, said that he would only wear one if he tested positive for coronavirus, according to Newsweek. After his diagnosis, he claimed that he had worn hi

Britain's AstraZeneca (AZN.L) has obtained regulatory approval to conduct part of a Phase III trial of its prospective COVID-19 vaccine in Russia, a filing at the Russian registry of clinical trials showed on Friday. The trial of this AZD1222 vaccine will involve 150 participants and will be handled by four medical facilities in St. Petersburg and Moscow, the submitting, dated Friday, revealed. Moscow has previously agreed a deal with AstraZeneca to manufacture the prospective vaccine, developed in tandem with Oxford University, at the facilities of Russian firm R-Pharm. The British drugmaker said in an announcement last week that late-stage trials of its vaccine were continuing in Britain and in Brazil, an early-stage trial was progressing in South Africa, and that further trials were proposed in the U.S., Japan and Russia. Russia is also developing several possible COVID-19 vaccines domestically, together with late-stage trials of this front-runner candidate, nicknamed'Sputni

Their full-throated condemnation of both Trump and financing of Biden will come three times before Trump's nominating conference opens on Monday and underscores the way the president has alienated some members of his own party, particularly one of the intelligence and foreign policy veterans. "Trump has demonstrated that he lacks the personality and competence to lead this nation and has engaged in corrupt behaviour that renders him unfit to serve as president," the team intends to announce in a full-page ad at The Wall Street Journal on Friday. "We've reasoned that Donald Trump has failed our country and Vice President Joe Biden must be chosen the next President of the United States," it adds. The team is just one of a range of Republican organizations opposing Trump's re-election from the Nov. 3 election. Together, they object to his alienation of U.S. allies abroad and his leadership at home, most recently his reply to the coronavirus pandemic, which

Alexei Navalny's family is asking the Russian authorities to permit them to move him by a Siberian hospital to a hospital in Berlin, after doctors refused to authorize the transfer. Navalny, an outspoken critic of President Vladimir Putin, stays in a coma because of an apparent poisoning. Navalny's wife, Yulia, has sent a letter to the Kremlin officially asking approval to evacuate him. An emergency medical plane is waiting to take the politician out of a hospital at Omsk to specialists in Germany. But doctors at Omsk Emergency Hospital No. 1 say that his illness is too unstable to permit for traveling. She was traveling with the opposition figure Thursday when he suddenly fell ill. A clearly defeated Yulia Navalny talked to the media away from the hospital, calling the problem"outrageous" and saying that it's"clear authorities are trying to hide something . We demand they let's take him to doctors we hope," according to a translation by writer Olive

Northern California faces another day under siege, with the huge blazes ripping round the region still growing and still almost entirely uncontained. The most significant set of fires, called the L.N.U. Lightning Complex, has burned through over 219,000 acres. Here's what you Want to know: The fires have burnt through 500,000 acres, and are still climbing. Evacuees seeking shelter must weigh risk of this coronavirus. Smoke in the wildfires provides a new worry for doctors battling the coronavirus. California's'lightning siege' has connections to climate change. The fires have burnt through 500,000 acres, and are still climbing. Deep into its most recent fight against ballooning wildfires, Northern California faces another day under siege, with the tremendous blazes ripping round the area still growing and almost entirely uncontained. Five deaths are linked to the fires, which have pushed more than 60,000 individuals from their houses, filled the skies with thick smoke a

States have started to mobilize and submit applications to FEMA for its improved federal unemployment benefits approved by President Trump on August 8. Initial confusion regarding the inner workings of the program was partially mitigated by advice issued by FEMA, which explained the structure of this program and confirmed that nations wouldn't be required to chip in an extra $100 to procure $300 in federal funds. Most states that are seeking FEMA funding have said they will not pay jobless workers an elective state match of $100; however, three states (Montana, West Virginia and Kentucky) have indicated they'll give an additional $100, meaning their jobless workers will begin receiving $400 each week. Trump's Unemployment Benefit Extension Overview Trump's Memorandum With Congress in an impasse during the next coronavirus stimulation package, President Trump signed four executive directives on August 8, including one to provide increased unemployment benefits for 30 mil

USPS officials and business insiders state sorters are taken offline annually, though the 671 earmarked represent a substantially larger share of their agency's inventory. Of particular concern was the elimination of hundreds of mail-sorting machines. In accordance with a grievance filed by the American Postal Workers Union and acquired by The Washington Post, the Postal Service has been poised to decommission 671 of those enormous machines, about 10% of its stock, and effective at exporting 21.4 million pieces of paper mail per hour. The Postal Service, by comparison, processes up to 500 million items every day. But Postal Service officials and industry insiders say the removals were part of a long-term plan, one which reflects Americans' decreasing use for letters and rising reliance on package delivery. The removals correlated closely with population: States with more people and, hence, a larger USPS footprint had more machines removed. Alaska is the only state without the m

President Trump on Thursday tried to soften remarks he'd made hours before where he seemed to confirm he opposes Democrats' proposed increase in funds for the U.S. Postal Service since he wants to make it harder to expand voting by email, claiming his only goal in denying that the agency capital is to ensure the integrity of the Nov. 3 election. While Trump has railed against mail-in voting, falsely claiming it leads to rampant fraud, even during his regular briefing to reporters Thursday, he said he would not veto a coronavirus relief bill just because it included support to the Postal Service. But he continued to push the unsubstantiated claim that widespread voting by mail would cause an abuse of the system. "We need people to vote, but we want people to vote so when they vote it means one vote," Trump said. "I am not doing this for almost any reason," Trump said, speaking to his push to deny the agency funds. "Perhaps the other turns out to be my ad

The Atlantic Is Awash With Far More Plastic Than Previously Thought, Study Finds Scientists are trying to understand how much plastic people are pumping into the ocean and the length of time it sticks around. A study published this week says it may be more than earlier estimates. By some measures, the plastic garbage that's floating around the surface of the water only accounts for approximately 1 percent of the plastic contamination that humans generate. "If we're missing 99 percent of plastic that we thought we have put in, it has to be someplace," states Katsiaryna Pabortsava, a researcher at the National Oceanography Centre in the uk. She and her colleagues set out to look for the lost plastic debris. Studies have discovered these bits, often called microplastics, deep in the Pacific Ocean and in the air above France's Pyrenees mountains. But it's been unclear how much miniature plastic contamination is collecting in oceans. Pabortsava and her team looked

Steve Bannon, President Trump's previous political counselor, has argued not blameworthy through his insight to wire-extortion and tax evasion charges identified with an online plan that government investigators said was liable for cheating countless individuals. Bannon showed up through video interface in the Southern District of New York hours after his capture Thursday morning on a yacht off the Connecticut coast. Bannon and three different respondents are affirmed to have arranged a plan around a web based crowdfunding effort called "We Build the Wall," which has raised more than $25 million, as per examiners. The battle was promoted as a push to assemble parts of the divider along the U.S.- Mexico fringe and bolster upkeep tasks. "As affirmed, the respondents swindled a huge number of benefactors, profiting by their enthusiasm for subsidizing an outskirt divider to raise a large number of dollars, under the affectation that the entirety of that cash

A government judge has excused President Trump's most recent endeavor to obstruct a summon for his duty records from the lead prosecutor of Manhattan. Thursday's decision by U.S. Region Judge Victor Marrero came in light of a documenting by the president's very own lawyers that tried to forestall Manhattan District Attorney Cyrus Vance from acquiring eight years of his expense records. The president's lawful group has contended that the summon to Trump's bookkeeping firm, Mazars USA, is "overbroad." In his decision, the appointed authority said Trump's lawful group neglected to show the summon was given in "bad faith." Marrero composed, "Justice requires a conclusion to this controversy." The choice follows a decision from the Supreme Court in July that the president isn't invulnerable from a summon for his monetary records from Vance's office. Boss Justice John Roberts wrote the court's conclusio

A pair of House Democrats are raising questions regarding whether or not a member of the U.S. Postal Service board of governors skirted typical methods to affect the hiring of Louis DeJoy as postmaster general. Reps. Raja Krishnamoorthi, D-Ill., and Katie Porter, D-Calif., sent a letter to USPS board member John Barger increasing questions about his role in recommending DeJoy for the place, as demonstrated by a copy of the letter obtained by NPR. The letter cites reports that DeJoy was not included in a pool of candidates cultivated and vetted through an external hiring firm contracted to fill out the occupation. "According to people knowledgeable about the procedure, Mr. Louis DeJoy was never recommended by this firm but was rather introduced by you to the selection committee," the letter reads. "It would have been intermittent for a part of the USPS Board of Governors, such as yourself, to urge Mr. DeJoy with no consultation, research, or service of their contracted hi

The Lincoln Project, the band of Republicans actively campaigning against Republican President Donald Trump, is out with a new television spot in Ohio beginning this weekend focusing on the president's call for a boycott of both Akron-based Goodyear Tire & Rubber. That includes purchasing $425,000 worth of air time starting this weekend and running through the week when Trump will accept the nomination through the Republican National Convention -- to air the place on cable in Cleveland, Akron and Youngstown, according to a Lincoln Project spokesman. The 30-second place will also run on air from the Youngstown marketplace. "Times in Ohio are getting tough. Donald Trump is making it more difficult, demanding a boycott to place Goodyear from company," the narrator says in the ad. "That's 3,300 union jobs. Jobs that maintain families all over Ohio. Why? His feelings got hurt. Trump talks a fantastic game, but he's not on our side. Never was. Never will be.&qu

The US Army is asking for the public’s help in finding 23-year-old Fort Hood soldier Elder Fernandes, according to a statement from Fort Hood in Texas. “The 1st Cavalry Division is actively attempting to locate Sgt. Elder Fernandes who has gone missing,” the statement said. “Our primary concern is for his health and well-being.” Fernandes is about 5 feet, 4 inches tall, and weighs approximately 133 pounds, according to the Killeen Police Department, which is investigating his disappearance. Police said he was last seen wearing black army shorts and a t-shirt with red athletic shoes. According to Killeen police, Fernandes’ family said the 23-year-old was last seen on Monday afternoon by his staff sergeant when he was dropped off at his home in Killeen. “This is very, very unusual,” Isbael Fernandes, the missing soldier’s aunt, told CNN affiliate KTRK. She last spoke with her nephew last Friday morning and said that he’d called his mother on Sunday. Fernandes promised to call again on M

Democrats need to be very happy with what they were able to accomplish this week with their convention. Their production of the first-ever, all-virtual convention went off mostly without a hitch. Occasionally, the last night appeared like whiplash with a severe segment on faith and validity followed by snark by emcee Julia Louise Dreyfus, for example. But none of this will be recalled. What's going to be, and perhaps for a lengthy time, was the speech Joe Biden managed to deliver. Biden gave lots of thunderous speeches about the floor of the U.S. Senate when he was a senator and he's appeared at conventions earlier, but no speech he's ever produced was important, and perhaps also delivered, as this one. With that, here are seven takeaways in the consequential week: 1. Biden Might Have delivered the best speech of his career It had been more fireside chat than conference barn burner, and he's never been an arena orator like the man he worked , Barack Obama. But, frankly,

Joe Biden officially accepted the Democratic Party's nomination for president Thursday at the Democratic National Convention in a fervent, 25-minute speech delivered from his home state of Delaware. Resisted the challenges confronting the country, including the coronavirus outbreak, climate change and economic uncertainty, Biden asked Americans to"entrust me with the presidency," vowing to"draw the best people, not the worst." His speech, which followed the convention's underlying theme of unity over division, called on Americans to consider the gravity of the election, which he painted as one of the most despicable in history.

On Tuesday, President Trump formally uttered leading suffragist Susan B. Anthony, who died in 1906. He noted she had been arrested in 1872 for voting until it had been legal for women to do so. "She wasn't pardoned!" He exclaimed at a White House ceremony. "Did you know that she was never pardoned? What took so long?" It was partially that Anthony would not have wanted to be pardoned, according to some historians who've pointed out that the activist didn't think she had done anything wrong. Joining those voices is the executive director of the National Susan B. Anthony Museum and House in Rochester, N.Y. "Objection! Mr. President, Susan B. Anthony must decline your offer of a pardon," Deborah L. Hughes wrote in a statement. She continued: "Anthony wrote in her journal in 1873 that her trial for voting has been'The greatest outrage History ever witnessed.' She wasn't allowed to speak as a witness in her own defense, because she

President Trump addressed the baseless, far-right QAnon conspiracy theory directly for the first time on Wednesday, saying he didn't know much about the internet community and its own followers besides"they like me very much." "I discovered these are people who love our nation," Trump added in response to a query about the conspiracy community during a media briefing in the White House. After a reporter partly awakened the conspiracy concept to him -- that it revolves round a false story that Trump is directing a secret, government-led charge against pedophiles, cannibals and satanic worshippers -- Trump responded:"Is that supposed to be a bad thing?" "If I can save the world from issues, I'm willing to take action," Trump said. It is the first time Trump has provided lengthy comments concerning the conspiracy theory, though previously he's retweeted posts from QAnon-affiliated accounts on his Twitter account. From the almost 3 decade

Pfizer and BioNTech's favorite Covid-19 vaccine has fewer side effects compared to their first The surprise? The vaccine which would be analyzed in a 30,000-patient trial was not the one where the companies had presented data on July 1. The reason, the firms said, was that another vaccine appeared to generate a similar immune response, but fewer side effects. On Thursday, they published the results from all 332 individuals who received either vaccine, referred to as vaccines B1 or B2 -- and really, B2 recipients experienced markedly fewer adverse events connected into the vaccine. "Obviouslythe better tolerated the vaccine, the more I think that it will promote public acceptance of a wide immunization," said William Gruber, the senior vice president of vaccine clinical research and development at Pfizer. "Both could have been great candidates. We were lucky that B2 really satisfied having both a positive immune profile and fewer reactions." The study analyzed do