Business Funding News: When Choosing Cheese, Low-Fat May Not Matter + MORE 10/13/2016

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Embroiled in a scandal over unauthorized customer accounts, Wells Fargo CEO Jonathan Stumpf retired effective immediately.

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Sprint is mortgaging part of its wireless airwaves to raise $3.5 billion to grow its business. Fred Katayama reports.

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Donald Trump dismissed his lewd comments about women — caught on a leaked tape in which he seemed to talk about sexually assaulting women — and then immediately pivoted to attacking the Clintons. CNN’s Sara Murray reports from Ambridge, Pennsylvania.

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Selling or leasing its wireless airwaves is the best possible option to finance Sprint’s business, says Amir Rozwadowski, analyst at Barclays.

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Wells Fargo CEO John Stumpf is out

– http://www.cnn.com/

CEO John Stumpf will retire effective immediately, marking a stunning downfall for one of the banking industry’s most powerful figures.

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Cheese with a regular fat content may be as healthy a choice as the low-fat version.

Continue Reading On http://www.nytimes.com/ »