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Morning Wrap: 10/3/12

Wednesday, October 3, 2012

Bay Area gas prices skyrocket, cooler weather starting today, European bank claims securities fraud in suing Wells Fargo, more.

  • California gas prices have skyrocketed in the past three days, and oil companies claim refinery problems are to blame. Mercury News
  • After the hot streak, cooler weather ahead for the Bay Area today going forward. Chronicle
  • Zagat’s 2013 Bay Area restaurant guide is being recalled to address a typographical error on the spine and other issues. Inside Scoop SF
  • The Raiders’ Darrius Heyward-Bey was back in practice Tuesday for the first time since being injured by a helmet-to-helmet hit against Pittsburgh more than a week ago. AP
  • Bank of America may be beset by legal woes and its footprint may be shrinking, but it posted gains in market share for Bay Area deposits during fiscal 2012. Oakland Tribune
  • A European bank has sued Wells Fargo, alleging $1.5 billion in securities fraud involving residential mortgage-backed securities. SF Business Times

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