Business

Payday lenders target of proposed federal rules

The Consumer Financial Protection Bureau proposed rules Thursday to protect Americans from stumbling into what it calls a “debt trap.” At the heart of the plan is a requirement that payday lenders verify borrowers’ incomes before approving a loan.

Business

From tellers to the top

Wells Fargo on Wednesday named a new Columbia region bank president – Kathy Heffley, a Greenville native who worked her way to the top from beginning as a part-time teller in Texas. We talk to her and Wells Fargo S.C. executives about the move, the bank, and banking.

Business

Graham dismisses search for MOX alternative

Sen. Lindsey Graham, R-S.C. argued the plant is 60 percent complete and the plutonium — enough to build 17,000 warheads — needs to be destroyed for national security reasons. He said changing the disposal method would require a new deal with Russia, which has agreed to destroy its own 34 metric tons.

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