Business articles

Investors keep Wells Fargo board at contentious meeting

The entire Wells Fargo board of directors was reelected Tuesday after a bruising, rowdy annual meeting where shareholders castigated the bank’s leadership over a fake accounts scandal that severely damaged the company’s image.

Mexico can retaliate against US over tuna feud: WTO

The World Trade Organization on Tuesday gave Mexico the green light to impose $160 million in annual tariffs against the United States in retaliation for Washington’s discriminating against Mexican tuna imports.

US new home sales see fastest pace in 8 months

Sales of new homes in the United States forged higher for the third straight month in March, hitting the fastest pace since July, the Commerce Department reported Tuesday.

Berlin ups growth forecast for 2017: report

The German government will on Wednesday slightly raise its economic growth forecast for 2017, local media reported, stretching out a run of good news for Europe’s largest economy.

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