The daily business briefing: September 28, 2016

1. Wells Fargo CEO to lose millions over sales scandal

Wells Fargo is taking back $41 million in stock and salary from CEO John Stumpf as the company conducts an internal investigation of its sales scandal. The bank has faced rising pressure to hold its top executives accountable for the opening of about two million unwanted deposit and credit card accounts without customers' authorization, apparently to meet sales quotas. Last week, Stumpf faced a grilling in Congress, with Sen. Elizabeth Warren (D-Mass.) accusing him of "gutless leadership" and saying he should resign. His compensation forfeiture will be the industry's biggest, at least since the 2008 financial crisis. Former community banking chief Carrie Tolstedt, who has left the firm but was responsible when workers opened the unwanted accounts, will lose $19 million in unvested stock.

Bloomberg

2. SpaceX reveals its plan for reaching Mars

SpaceX CEO Elon Musk on Tuesday unveiled his private spaceflight company's plan for sending cargo to Mars as soon as 2018, followed by a manned mission by 2025. SpaceX's "Interplanetary Transport System" would use a reusable rocket booster to refuel an orbiting spaceship, which would later deploy a solar power system on its trip to Mars, according to a video SpaceX released on Tuesday. The unveiling of the plan came less than a month after SpaceX suffered a setback when one of its Falcon 9 rockets exploded during a pre-flight test on a Cape Canaveral launchpad.

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ABC News

3. Ford counters debate criticism from Trump

Ford Motor Co. pushed back against Republican presidential nominee Donald Trump on Tuesday for his criticism of the automaker's big investments in Mexico during Monday's debate with Hillary Clinton. Trump singled out Ford as an example of an American company that has sent jobs out of the U.S. as a result of the North American Free Trade Agreement. Ford employees used social media to tout claims that Ford had invested $12 billion in U.S. plants and created nearly 28,000 U.S. jobs in the last five years.

The Wall Street Journal USA Today

4. Tyson recalls 132,520 pounds of chicken nuggets

Tyson Foods is voluntarily recalling 132,520 pounds of cooked chicken nuggets that could contain hard plastic, federal regulators said Tuesday. The recall came after a customer found "foreign material" that might have come from a plastic rod used to connect a plastic conveyor belt, the U.S. Department of Agriculture Safety Inspection Service said. The recall applies to five-pound bags of fully cooked panko chicken nuggets. The packages are marked with a "use by" date of July 18, 2017.

CNN

5. SABMiller investors approve takeover by Anheuser-Busch InBev

SABMiller announced Wednesday that its shareholders had approved a $103 billion takeover by rival brewer Anheuser-Busch InBev. The decision removes the last remaining hurdle for the merger, as regulators around the world have already signed off. Anheuser-Busch InBev, maker of Budweiser, said the deal would create "the first truly global brewer." The merger unites a host of brands, including Beck's, Stella Artois, and Foster's. The combined company will have nearly a third of the world's beer market.

The Associated Press