Business

Wells Fargo Acknowledges Creation Of Nearly Twice As Many Possible Fake Accounts

Wells Fargo just can't get past its fake account scandal. The bank acknowledged on Thursday that it created more bogus customer accounts than previously estimated. An outside review discovered an additional 1.4 million potentially unauthorized accounts opened between Jan. 2009 and Sept. 2016. That's nearly twice as many accounts as the bank previously acknowledged. This comes on the heels of other embarrassing debacles as the bank struggles to repair its image.

Houston's Flooding Problem Reflects Shortfalls In City Planning

Lack of proper drainage, no real zoning code and rapid unregulated growth had a hand in damage caused by Hurricane Harvey in Houston. Coupled with climate change, it was a recipe for disaster. NPR's Kelly McEvers talks with Bloomberg Businessweek economics editor Peter Coy who recently published a feature called "Harvey Wasn't Just Bad Weather. It Was Bad City Planning."