Wells Fargo Chairman, CEO John Stumpf Retires After 34 Years With Company

Wells Fargo Chairman, CEO John Stumpf Retires After 34 Years With Company

San Francisco, CA…Wells Fargo & Company (NYSE: WFC) announced today that Chairman and Chief Executive Officer John Stumpf has informed the Company’s Board of Directors that he is retiring from the Company and the Board, effective immediately. The Board has elected Tim Sloan, the Company’s President and Chief Operating Officer, to succeed him as CEO, […]

John Kerry Announces “International Day of the Girl,” Relief Efforts

John Kerry Announces “International Day of the Girl,” Relief Efforts

Washington, DC…The State Department is deeply committed to protecting and strengthening the rights of girls worldwide, and on this fifth annual International Day of the Girl, we recognize that addressing the distinct challenges facing girls, particularly adolescent girls, is critical to our ability to achieve U.S. foreign policy goals, including gender equality. Poverty, gender-based violence, […]

Samsung Asks All Global Partners To Stop Sales On Galaxy Note 7

Samsung Asks All Global Partners To Stop Sales On Galaxy Note 7

Suwon, South Korea…Samsung Electronics announced a global replacement program and recall for the Galaxy Note7 as a precautionary measure due to a battery cell issue. Since the launch of the Galaxy Note 7 there have been hundreds of world wide reports of the device having critical battery failure and fires. Since then, Samsung has been […]

Increase In August Deficit For U.S. International Trade In Goods And Services

Increase In August Deficit For U.S. International Trade In Goods And Services

Washington, DC…The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that the goods and services deficit was $40.7 billion in August, up $1.2 billion from $39.5 billion in July, revised. August exports were $187.9 billion, $1.5 billion more than July exports. August imports were $228.6 billion, […]

Unemployment Insurance Claims In Decline Over Prior Week

Unemployment Insurance Claims In Decline Over Prior Week

Washington, DC…In the week ending October 1, the advance figure for seasonally adjusted initial claims was 249,000, a decrease of 5,000 from the previous week’s unrevised level of 254,000. The 4-week moving average was 253,500, a decrease of 2,500 from the previous week’s unrevised average of 256,000. This is the lowest level for this average […]

The Paris Agreement To Enter Into Force

The Paris Agreement To Enter Into Force

Washington, DC…Our Secretary of State John Kerry released this statement yesterday- Nearly 200 nations made history in Paris last December, when they came together around the most ambitious, inclusive climate agreement ever negotiated. I was honored to represent the United States in those negotiations and to be in the conference hall as the text was […]

Joint Investigation Team Report on the Downing of Malaysia Airlines Flight MH17

Joint Investigation Team Report on the Downing of Malaysia Airlines Flight MH17

Washington, DC…The United States welcomes the interim report of the Joint Investigation Team on the shoot down of Malaysia Airlines Flight MH17. The Team’s interim findings corroborate Secretary Kerry’s statement in the days following the tragedy that MH17 was shot down by a BUK surface-to-air missile fired from Russian-backed, separatist-controlled territory in eastern Ukraine. The […]

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