Business News http://enews.earthlink.net/channel/news/bus Business News Supplied by AP en-us (c) 2016 EarthLink Networks Inc. Wed, 28 Sep 2016 19:17:09 EDT Wed, 28 Sep 2016 19:47:48 EDT 5 OPEC reaches preliminary accord to curb oil production http://enews.earthlink.net/article/bus?guid=20160928/bd83f699-b829-4d6d-b125-72513919b7a3 ALGIERS, Algeria (AP) — OPEC nations reached a preliminary agreement Wednesday to curb oil production for the first time since the global financial crisis eight years ago, in an effort to reduce a global glut of crude that has depressed oil prices for more than two years and weakened the economies of oil-producing nations. Wed, 28 Sep 2016 19:17:09 EDT 20160928/bd83f699-b829-4d6d-b125-72513919b7a3 By AOMAR OUALI Associated Press Wells Fargo CEO to face lawmakers with better defense http://enews.earthlink.net/article/bus?guid=20160928/8eefc96a-c7aa-4a6f-87f6-8e468b883fb0 WASHINGTON (AP) — Wells Fargo's CEO, newly stripped of tens of millions in compensation in a scandal over sales practices, will face lawmakers with more defenses than he had in the last round, when some senators called for his resignation. Wed, 28 Sep 2016 18:56:11 EDT 20160928/8eefc96a-c7aa-4a6f-87f6-8e468b883fb0 By MARCY GORDON Associated Press California suspends some Wells Fargo business amid scandal http://enews.earthlink.net/article/bus?guid=20160928/9b2aef9c-d002-4679-98b4-c7aaf29a3e62 SACRAMENTO, Calif. (AP) — California's treasurer said Wednesday that he's suspending some of the state's most profitable lines of business with Wells Fargo amid allegations bank employees opened millions of accounts without customers' permission. Wed, 28 Sep 2016 18:55:51 EDT 20160928/9b2aef9c-d002-4679-98b4-c7aaf29a3e62 By JONATHAN J. COOPER Associated Press HP promises fix for printer software that barred outside ink http://enews.earthlink.net/article/bus?guid=20160928/7d25efbe-793f-440c-9782-de74ceb7dc77 SAN JOSE, Calif. (AP) — HP Inc. has apologized to customers for a software update that made some of its printers stop working with ink cartridges from competing suppliers, even if the printers had accepted the same cartridges in the past. Wed, 28 Sep 2016 18:32:13 EDT 20160928/7d25efbe-793f-440c-9782-de74ceb7dc77 By BRANDON BAILEY Associated Press Energy stocks surge on oil deal hopes, sending market higher http://enews.earthlink.net/article/bus?guid=20160928/e2e1ee06-7567-4869-b0bc-25d8f6b60130 NEW YORK (AP) — Energy companies powered to big gains Wednesday, leading the broader stock market higher, on reports that OPEC nations were moving closer to an agreement to cut oil production. Wed, 28 Sep 2016 18:03:56 EDT 20160928/e2e1ee06-7567-4869-b0bc-25d8f6b60130 By MARLEY JAY Associated Press