make high profit numbers and bleed its own customers of unnecessary fees. yet the bank is giving its shareholders a gift. wells fargo shelled out $7.4 billion to buy its own stock, nearly triple what it spent the year before. reward for shareholders as its customers and employees have paid a price. in september, wells fargo announced plans to cut kucut jo. and today they will reveal another round of stock buy backs. more competition for netflix. nbc universal announced monday that it will launch its own streaming service in 2020. in a press release, its ceo said that people are watching premium content more than ever. but they want more flexibilities and value. the yet to be named service will host a variety of programming from their content library, including everything from jurassic world to the office. it has a huge library that it can tap into.