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The Consumer Financial Protection Bureau is levying a $1 billion fine against Wells Fargo — a record for the agency — in punishment for the banking giant's actions in its mortgage and auto loan businesses.

The CFPB said some consumers were charged too much over mortgage interest rate-lock extensions. And Wells Fargo also ran a mandatory insurance program that added insurance costs and fees into some borrowers' auto loans.

Where other chefs might see kitchen trash, Tim Ma finds treasure — for his culinary creations, and his bottom line.

The American Federation of Teachers said Thursday that it is cutting its financial ties with Wells Fargo as a result of the banking giant's relationships with the National Rifle Association and gunmakers.

The AFT, a 1.7-million-member national union, is dropping the bank as a recommended mortgage lender, to which it currently channels more than 20,000 AFT mortgages.

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Within seconds, a bright, white flash erupted on the lower deck of West Delta 105 E, an oil-production platform positioned a dozen miles off the Louisiana coast. Disoriented, one crew member found himself 10 feet away from where he had been working before he blacked out. Another likened the impact to a sledgehammer blow to his head. A third told investigators he felt like he'd been hit by an 18-wheeler, his hard hat, glasses and earplugs knocked off in the blast.

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