Aug 12, 2017

Virginia state of emergency declared after alt-right rally

Steve Helber / AP

White nationalists protested last night and continued this morning at the University of Virginia. They're protesting the removal of a statue of Confederate General Robert E. Lee from Emancipation Park. After things turned violent this morning (protestors and counter protestors clashed), Virginia Gov. Terry McAuliffe declared a state of emergency.

What that means: Local officials can request more resources from the government to help them regain control of the protest in Virginia.

Update: A car plowed into a crowd of protestors this afternoon, AP reported. Various videos and images from the scene posted online showed ambulances rushing to the scene and injured protestors being carried away on stretchers.

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Coronavirus spreads to more countries, and U.S. ups its case count

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's Health Ministry. Note: China numbers are for the mainland only and U.S. numbers include repatriated citizens.

The novel coronavirus continues to spread to more nations, and the U.S. reports a doubling of its confirmed cases to 34 — while noting those are mostly due to repatriated citizens, emphasizing there's no "community spread" yet in the U.S. Meanwhile, Italy reported its first virus-related death on Friday.

The big picture: COVID-19 has now killed at least 2,359 people and infected more than 77,000 others, mostly in mainland China. New countries to announce infections recently include Israel, Lebanon and Iran.

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Wells Fargo agrees to pay $3 billion to settle consumer abuse charges

Clients use an ATM at a Wells Fargo Bank in Los Angeles, Calif. Photo: Ronen Tivony/SOPA Images/LightRocket via Getty Images

Wells Fargo agreed to a pay a combined $3 billion to the Justice Department and the Securities and Exchange Commission on Friday for opening millions of fake customer accounts between 2002 and 2016, the SEC said in a press release.

The big picture: The fine "is among the largest corporate penalties reached during the Trump administration," the Washington Post reports.