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Rio 2016


Business Watch: Wells Fargo brass gets scorecards

Wells Fargo shareholders showed their dissatisfaction at the banks' board members during an annual meeting that lasted over three hours and was interrupted multiple times due to angry shareholders. Only three directors received more than 90 percent support while, at most S&P 500 companies, director support averages around 95 percent of votes cast.

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Business Watch: A not good enough deal, flight overbooking and more

Billionaire investor Carl Icahn's oil refining company, CVR Energy, made a massive bet last year that prices for U.S. government biofuels credits would fall - just before Icahn became an 'unpaid adviser' to President Trump. The strategy looked prescient at the time, but it now seems like Icahn's might have had an inside edge.