Wells Fargo,

The Washington Post Sunday - - TAKING STOCK -

reel­ing from a scan­dal over fake ac­counts that erupted in Septem­ber, said it’s ex­pand­ing a review that could lead to the bank find­ing “sig­nif­i­cantly” more cases. The bank’s “rea­son­ably pos­si­ble” le­gal charges could sur­pass its re­serves by $3.3 bil­lion as of June 30, up from an es­ti­mate of $2 bil­lion at the end of March, the San Fran­cisco-based lender said in a reg­u­la­tory fil­ing. Un­der Ar­mour said it is cut­ting al­most 2 per­cent of its work­force, and it low­ered its full-year rev­enue out­look, de­spite a strong sec­ond quar­ter. A re­struc­tur­ing plan an­nounced Tues­day will come with about $110 mil­lion to $130 mil­lion in re­lated charges this year. Qatar Air­ways said it is drop­ping an at­tempt to buy a big stake in Amer­i­can Air­lines, an au­da­cious bid that had re­ceived a chilly re­cep­tion from Amer­i­can. FedEx will skip spe­cial charges for most pack­ages shipped dur­ing the hol­i­day sea­son this year as it seeks to un­der­cut ri­val United Par­cel Ser­vice in a fight for a larger share of the mil­lions of items bought on­line. Lyft, the ride-hail­ing ser­vice, car­ried more pas­sen­gers through June of this year than it did in all of 2016 as it cap­i­tal­ized on mis­steps by ri­val Uber. Rider­ship through June sur­passed the record 162.5 mil­lion rides it gave in 2016, Lyft said.

Bridal re­tailer Al­fred An­gelo,

which filed for bank­ruptcy pro­tec­tion last month, has in­formed brides na­tion­wide that they won’t be re­ceiv­ing the wed­ding dresses they or­dered from the chain.

Face­book’s In­sta­gram

app is most pop­u­lar for peo­ple younger than 25, who the com­pany says spend an av­er­age of more than 32 min­utes a day on the photo-shar­ing ser­vice. In­sta­gram cred­its much of the growth in en­gage­ment to its “Sto­ries” fea­ture launched last year as a copy­cat to ri­val Snapchat’s own “Sto­ries.” The func­tion al­lows peo­ple to up­load short videos that dis­ap­pear af­ter 24 hours.

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