Author: Mark Calvey

“Wells Fargo has consistently been one of the most problematic repeat offenders,” said CFPB Director Rohit Chopra.

The hefty fine and customer remediation addresses past practices tied to mortgages, auto loans and overdraft fees.

United Airlines, Houston’s busiest carrier, expects a strong rebound in year-end holiday travel this month, but the increase in people working remotely has helped spread out some of that demand.

United Airlines is ramping up for growth across its seven U.S. hubs, including George Bush Intercontinental Airport in Houston, while also placing a major order to upgrade its fleet.

“Regardless of whether you think demand for business travel will ultimately return to 100% or something less, it almost certainly is going higher from here,” Kirby said.

The San Francisco-based bank warned that it could face “significant” costs ahead as it seeks to fully recover from past scandals.

“We see Wells Fargo as an underappreciated earnings growth story,” said Goldman Sachs analyst Richard Ramsden.

The Texas governor had plenty to brag about — but he also noted that California is the most popular destination for those leaving Texas.

“Demand is stronger than I’ve ever seen in my career,” United Airlines CEO Scott Kirby said of the rebound in travel.