CEO of Wells Fargo to testify

The head of Wells Fargo heads to capitol hill today to face a grilling.

John Stumpf is the name of the CEO and some of his prepared testimony is already out.

In it he says he is “deeply sorry” for selling customers unauthorized bank accounts and credit cards and that he takes “full responsibility” for the unethical activity.

Some shareholders and customers are calling for him to be fired.

Having a tattoo can actually help your career.

If it’s the right career.

A new study at the University of St. Andrews in the United Kingdom found tattooed employees can help a company as long as they fit with the overall image of the business. Not surprisingly, offensive tattoos were across the board considered to be a no-no.

Stocks ended mostly flat Monday as everyone waits on the Federal Reserve meeting, which starts today.

Hardly any movement at all with the Dow closing about 5 points lower.

Consumer products giant Unilever is going on its own shopping spree.

It bought 7th Generation, the eco-friendly cleaning products business.

It was reported last week that Unilever may be interested in buying Jessica Alba’s Honest Company-also a natural products company but that hasn’t happened yet.

The long lines at airport security were non existent over the summer.

But skift.com reports they could come back in October if Congress doesn’t agree on a budget.

The TSA chief says all those people that were hired to help move passengers through lines could get fired if there’s no agreement on how to fund it.

For more business headlines from Jane King at the Nasdaq, watch Daybreak Monday through Friday.

Categories: Daybreak, Morning Business Report

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