The Bayer buyout of Monsanto is almost complete and could be announced today, according to reports from Reuters and others. The deal is said to be worth $65 billion. A merger would combine Monsanto, known for genetically modified crop seeds, and Bayer, a German maker of pesticides as well as aspirin. Wells Fargo CEO John Stumpf says he will not resign. He told The Street’s Jim Cramer that he does hold himself accountable for the alleged abusive account opening practices at the company. Wells Fargo ( ) was fined $185 million by the Consumer Financial Protection Bureau for opening the accounts that were not authorized by customers to meet sales goals. Samsung is struggling to replace all of the recalled Galaxy Note 7 phones. It’s trying to replace some of the 2.5 million smartphones it has recalled in 10 countries, citing fire prone batteries. Samsung is telling customers to cap their battery charges at 60%.
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