Wells Fargo Hits Record Profit on Mortgage Banking

Oct. 12 (Bloomberg) -- Bloomberg's Julie Hyman reports that Wells Fargo & Co. said third-quarter profit increased 22 percent as the cheapest interest rates in history spurred refinancing. Net income advanced to a record $4.94 billion, or 88 cents a share, beating analyst estimates of 87 cents. She speaks on Bloomberg Television's "In The Loop."

Google Search: Crystal Ball for Election Results?
14:58 - Khosla Ventures partner Keith Rabois, Braintree head of commerce Harper Reed and Bloomberg’s Tim Higgins discuss how campaigns can use Google search data with Emily Chang on “Bloomberg West.” (Source: Bloomberg)
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