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Wells Fargo boss: 'I never set out to be the CEO'

Submitted by Fox First at Ten on December 6th

By By CHRISTINA REXRODEAP Business Writer John Stumpf, 59, the CEO of Wells Fargo, is the son of a farmer, second-oldest in a family of 11 kids. He paid for state college by playing bass guitar in a band. "I never set out to be the CEO of this company," Stumpf, who started in banking as a repo

Wells Fargo boss talks bank fees, economy, taxes

Submitted by Fox First at Ten on December 6th

By By CHRISTINA REXRODEAP Business Writer John Stumpf is a survivor. He's a CEO who kept his job as peers fell after the 2008 financial crisis, a strategist who expanded his company while others shrank theirs, a personable banker at a time of great anger toward his industry. Stumpf is the

Mormon church wants more compassion for gays

Submitted by Fox First at Ten on December 6th

By By BRADY MCCOMBS and RACHEL ZOLLAssociated Press SALT LAKE CITY (AP) - Mormon leaders made their most significant outreach yet to gays and lesbians, unveiling a new website Thursday that encourages church members to be more compassionate in discussions about homosexuality. Church officials

Meningitis victims can likely inspect pharmacy

Submitted by Fox First at Ten on December 6th

By By DENISE LAVOIEAP Legal Affairs Writer BOSTON (AP) - Victims of a meningitis outbreak tied to a Massachusetts compounding pharmacy will likely be allowed to do an exhaustive inspection of the facility, a federal judge said Thursday. U.S. Magistrate Judge Jennifer Boal said she is inclined

Condemned obese Ohio killer asks board for mercy

Submitted by Fox First at Ten on December 6th

By By ANDREW WELSH-HUGGINSAP Legal Affairs Writer COLUMBUS, Ohio (AP) - A condemned obese killer should be spared because of lingering doubts about his "legal and moral guilt" and the conduct of defense and prosecution lawyers at trial, his attorneys told the state Parole Board on Thursday in a

Oil drops on bleak outlook for Europe economy

Submitted by Fox First at Ten on December 6th

By By SANDY SHOREAP Business Writer The price of oil fell Thursday after the European Central Bank predicted a bleak year ahead for the region's economy but stopped short of offering new measures to boost growth Benchmark oil fell $1.62, or 1.8 percent, to finish at $86.26 per barrel in New

Obese Ohio killer asks parole board for mercy

Submitted by Fox First at Ten on December 6th

By By ANDREW WELSH-HUGGINSAP Legal Affairs Writer COLUMBUS, Ohio (AP) - A condemned Ohio killer who says he's too obese to be put to death humanely is asking the state parole board for mercy in a claim focusing on his innocence, not his weight. Lawyers for 450-pound death row inmate Ronald

Delta orders up to 70 Bombardier regional jets

Submitted by Fox First at Ten on December 6th

By By JOSHUA FREEDAP Airlines Writer MINNEAPOLIS (AP) - Delta Air Lines is ordering up to 70 regional jets from Bombardier as part of a major shift in the planes it uses for hauling passengers around the U.S. Delta announced a firm order for 40 of the CRJ900 planes on Thursday, and options for

Fed. court orders resentencing in Arkansas bombing

Submitted by Fox First at Ten on December 6th

By By JEANNIE NUSSAssociated Press LITTLE ROCK, Ark. (AP) - An Arkansas doctor sentenced to life in prison for a 2009 bombing that nearly killed the head of the state medical board should be resentenced on some convictions, a federal appeals court ruled Thursday. A jury convicted Randeep Mann,

Sen. DeMint resigning to head conservative group

Submitted by Fox First at Ten on December 6th

By By SEANNA ADCOXAssociated Press COLUMBIA, S.C. (AP) - Republican U.S. Sen. Jim DeMint, a tea party favorite known for bucking party leaders to back challenges to centrist veterans he didn't view as conservative enough, said Thursday he was resigning to take the helm of a conservative