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Wells Fargo fined $35M for overcharging advisory clients

Published Fri, 22 Nov 2024 06:08:12 GMT

Wells Fargo & Co. has agreed to pay a $35 million penalty to settle allegations that it overcharged more than 10,900 investment advisory accounts, the Securities and Exchange Commission said.The overcharges at two Wells Fargo units amounted to over $26.8 million in advisory fees, the SEC said in a statement Friday.Certain financial advisers “agreed to reduce the firms’ standard, pre-set advisory fees for certain clients and made handwritten or typed changes on the clients’ investment advisory agreements that reflected the reduced fees at the time their accounts were opened,” the regulator said in its order.“We’re pleased to resolve this matter,” Caroline Szyperski, a Wells Fargo spokesperson, said in a statement. “The process that caused this issue was corrected nearly a decade ago. And, as noted in the settlement documents, Wells Fargo Advisors conducted a thorough review of accounts and has fully reimbursed affected customers.”San Francisco-based Wells Fargo is Minnesota’...

Photos: Minnesota State Fair heats up while butter sculptures stay cool

Published Fri, 22 Nov 2024 06:08:12 GMT

Fairgoers watch as the 70th Princess Kay of the Milky Way, Emma Kuball, of Waterville, Minn. has her likeness sculpted into a 90-pound block of butter by artist Gerry Kulzer inside a refrigerated booth at the Dairy Building on the grounds of the Minnesota State Fair in Falcon Heights on Friday Aug.25, 2023.T he sculpting will continue throughout the Fair, with the other nine Princess Kay finalists also having their likenesses sculpted in butter. (John Autey / Pioneer Press)People walk down Judson Street during another busy day at the Minnesota State Fair in Falcon Heights, Friday Aug. 25, 2023. (John Autey / Pioneer Press)People ride the Skyliner at the Midway on the Minnesota State Fairgrounds in Falcon Heights, Friday Aug. 25, 2023. (John Autey / Pioneer Press)Fairgoers relax among “Art the Park” in front of the Grandstand at the Minnesota State Fair in Falcon Heights, Friday Aug. 25, 2023. (John Autey / Pioneer Press)A women holding a yellow umbrella keeps cool as she walks thro...

Teacher's union calls for funding, culture change amid educator shortage

Published Fri, 22 Nov 2024 06:08:12 GMT

WASHINGTON (Nexstar) – As the school year kicks off, schools across the country are facing another severe teacher shortage. Becky Pringle, president of the National Education Association, says the pandemic made the teacher shortage worse.“The educator shortage that continues, it's not new it's chronic,” Pringle said.The shortage is leading some school districts to hire underqualified and uncertified teachers. Get the latest news, weather, sports and entertainment delivered right to your inbox! Pringle says the shortage is also creating larger class sizes, which makes helping students catch up from pandemic related learning loss even more difficult.“It is challenging, and it's overwhelming and it's exhausting,” Pringle said.She fears these challenges could drive even more teachers to leave unless things change. “That our students have textbooks and technology, we saw the light shining on those inequities during the pandemic, didn't we?” Pringle said.Part of the solution, accor...

Subpoenas reissued to Harbour Point Gardens managers

Published Fri, 22 Nov 2024 06:08:12 GMT

TROY, N.Y. (NEWS10) -- City leaders in Troy have again subpoenaed the owners and management of the Harbour Point Gardens apartment complex. The city council voted unanimously in favor of reissuing it, saying they want to ensure residents that their right to live in clean and safe housing will be protected. Get the latest news, weather, sports and entertainment delivered right to your inbox! A judge tossed out the subpoenas earlier in the month because of a technicality. The city council has issued 12 tickets for code violations as city leaders try to learn how the property ended up in poor condition in the first place.More than 100 tenants had to evacuate two months ago over concerns about falling bricks. More than 20 units are still considered unsafe. The owners, who took over in 2022, previously told NEWS10 they have made $2 million in repairs in the past year.

Friday's 104° high temp breaks a St. Louis record; hottest day in 2023

Published Fri, 22 Nov 2024 06:08:12 GMT

ST. LOUIS - Friday broke the record with 104 degrees at St. Louis Lambert Airport for the hottest day of the year in St. Louis. The previous record for this date was 101 degrees in 1943.The heat index today ranges from 113 to 118 degrees. An excessive heat warning remains is in effect until 10 p.m. St. Louis radar: See a map of current weather here It's been a brutal week for outdoor works, but many have been hard at work after several days of temperatures pushing triple-digits. FOX 2 spotted workers repairing roofs, pouring concrete and keeping their farms in top shape while battling the heat. “It's pretty hot when you're on top of that fire, but we knew that coming today," said Lou Helmsing, the president of Craftsmen Utility Trailer. Mentally, you just got to be prepared for it. Everybody is drinking plenty of water this morning, and drinking water even as we go throughout the day.” Helmsing was on the blacktop standing over a grill, doing his annual BBQ for his customers...

Colorado high school football: How Post Preps Top 10 teams fared in Week 1

Published Fri, 22 Nov 2024 06:08:12 GMT

Class 5A1. Cherry Creek (0-0) vs. No. 2 Ralston Valley, 7 p.m. Friday. Next week: vs. Legacy, 7 p.m. Aug. 312. Ralston Valley (1-0) at No. 1 Cherry Creek, 7 p.m. Friday. Next week: Bye3. Pine Creek (1-0) won vs. Las Vegas, forfeit. A matchup with out-of-state Las Vegas was for naught after the Nevada-based program was forced to forfeit. Next week: vs. No. 5 Valor Christian, 7 p.m. Sept. 14. Grandview (1-0) won vs. Overland, 48-6: QB Liam Szarka completed 11 of 14 passes for 201 yards and two touchdowns, sophomore Chris Blanks ran for 100 yards on seven carries and junior Donavon Vernon added 83 yards on eight carries as the Wolves rolled. Next week: vs. Fossil Ridge, 7 p.m. Sept. 15. Valor Christian (0-0) at No. 6 Regis Jesuit, 7 p.m. Saturday. Next week: at No. 3 Pine Creek, 7 p.m. Sept. 16. Regis Jesuit (0-0) vs. No. 5 Valor Christian, 7 p.m. Saturday. Next week: vs. Kennedy Catholic (Burien, Wash.), 7 p.m. Sept. 27. Columbine (0-0) vs. Mullen, 7 p.m. Friday. Next week: at Freedom...

Indigenous teen missing from Thornton; authorities ask for public’s help locating her

Published Fri, 22 Nov 2024 06:08:12 GMT

A 16-year-old Indigenous girl who was last seen in Thornton on Tuesday is missing.Dominique Brown was last seen about 9 p.m. Tuesday near the intersection of Grant Street and East 136th Avenue, according to the Colorado Bureau of Investigation.She is described by CBI as 5′ 3″ tall and 115 pounds, with blonde hair and brown eyes. She was last seen wearing black clothing, including a pulled-up hoodie.Dominique Brown, 16, was last seen in Thornton on Tuesday. If you see her, please call 911. pic.twitter.com/OnNlwaedqx— CBI (@CBI_Colorado) August 25, 2023“Dominique spent all of her life in Montana and Wyoming and is not familiar with Colorado,” the CBI said. She is a member of the Northern Arapaho Tribe.Anyone who sees Dominique, or who knows of her whereabouts, is asked to call 911 or the Thornton Police Department at 720-977-5150.

Bronny James' cardiac arrest caused by congenital heart defect, spokesperson says

Published Fri, 22 Nov 2024 06:08:12 GMT

Bronny James went into cardiac arrest during a basketball workout at the University of Southern California last month because of a congenital heart defect, according to a family spokeswoman.The 18-year-old son of Los Angeles Lakers superstar LeBron James was stricken on July 24. He was hospitalized at Cedars-Sinai Medical Center and later was seen by doctors at the Mayo Clinic and Atlantic Health-Morristown Medical Center in New Jersey.A statement issued Friday by Stephanie Rosa of the LeBron James Family Foundation said the probable cause of James' sudden cardiac arrest has been identified.“It is an anatomically and functionally significant Congenital Heart Defect which can and will be treated,” the statement said. “We are very confident in Bronny’s full recovery and return to basketball in the very near future.”The younger James was released from Cedars-Sinai in Los Angeles three days after the incident at USC's Galen Center. The following night he dined out in Santa Monica with h...

California's transportation infrastructure no longer considered 'high-risk'

Published Fri, 22 Nov 2024 06:08:12 GMT

California's transportation infrastructure is no longer considered "high-risk," 16 years after it was added to an inauspicious list by the California State Auditor.California's transportation infrastructure was considered "deteriorating" when it was added to the Auditor's list in May 2007. Among the issues plaguing the state was a lack of stable, long-term funding and desperately needed upgrades to aging roads, bridges, and much-needed traffic-reducing measures. Intercity rail and "active transportation" infrastructure for walking and biking were also considered to be subpar.Following its inclusion on the list, Caltrans and the California Transportation Commission went to work with a major boon coming from the passage of Senate Bill 1, the Road Repair and Accountability Act of 2017.The landmark legislation "ushered in a new era of infrastructure investment to rebuilding California," said California Transportation Secretary Toks Omishakin. California delivering millions to acceler...

Man found guilty of murder, left girlfriend’s body in Anaheim dumpster

Published Fri, 22 Nov 2024 06:08:12 GMT

An Orange County man accused of killing his girlfriend and leaving her body in an alleyway dumpster was found guilty of murder.Following a trial, Amer Alhasan, 33, was found guilty of first-degree murder for the 2018 death of Tiyanie Ly, who was 38 at the time, according to the Orange County District Attorney’s Office.Alhasan was arrested on Oct. 31, 2018, at LAX airport when he tried to flee the country one day after Ly’s body was discovered, Anaheim police said.Ly was a mother of three young children who lived in Santa Ana. Her body was found by a man picking through garbage for recyclables on the 2100 block of South Balboa Plaza.She was found stuffed inside a suitcase-type bag and left in a dumpster behind an Anaheim residential complex.Detectives later identified her boyfriend, Alhasan, as the suspect and filed murder charges against him on Nov. 2, 2018. Tiyanie Ly and her three children are seen in an undated family photo.At the time, Ly’s loved ones had not been able to c...