Johnson & Johnson disclosed Wednesday that the health products giant has now received multiple subpoenas from federal prosecutors related to repeated recalls of Tylenol and other consumer health products.

The grand jury subpoenas request “documents broadly relating to” both the recent recalls of products made by McNeil Consumer Healthcare and inspections of two of the unit’s factories.

One of the plants, in the Philadelphia suburb of Fort Washington, Pa., has been shut down since April because of multiple problems and is expected to remain shut until at least next summer.

The other, in Lancaster, Pa., is operated by a joint venture called Johnson & Johnson/Merck Consumer Pharmaceuticals Co. Food and Drug Administration inspectors noted many severe problems after spending a dozen days there, including not following rules for manufacturing quality and poor record-keeping.

Johnson & Johnson is the parent company of Warsaw-based DePuy Orthopaedics.

AIG selling stake in consumer lender

American International Group has agreed to sell a majority stake in its consumer lender to Fortress Investment Group, getting rid of a unit that posted about $1.7 billion in operating losses since 2008 and accumulated more than $17 billion in debt.

Fortress will take an 80 percent stake in American General Finance Inc. with AIG retaining the rest, according to a statement Wednesday that didn’t disclose terms. AIG will book a pretax loss of about $1.9 billion on the deal, according to a filing from the New York insurer, which previously valued the unit at about $2.4 billion.

“The business has been pressured for some time, it was clearly non-core to AIG,” said Jonathan Hatcher, a Jefferies Group Inc. desk analyst and former Federal Deposit Insurance Corp. bank examiner.

Wells Fargo ordered to rebate overdraft fees

A federal judge in California ordered Wells Fargo to change what he called “unfair and deceptive business practices” that led customers into paying multiple overdraft fees, and to pay $203 million back to customers.

In a decision handed down late Tuesday, U.S. District Judge William Alsup accused Wells Fargo of “profiteering” by changing its policies to process checks, debit card transactions and bill payments from the highest dollar amount to the lowest, rather than in the order the transactions took place. That helped drain customer bank accounts faster and drive up overdraft fees, a policy Alsup referred to as “gouging and profiteering.”

Wells Fargo adopted the policies in 2001, and they became widespread across the banking industry.

Oil prices dip again on slow-growth fears

Oil prices retreated for a second day Wednesday as concern grows over whether consumers will spend more on energy in a sluggish economy.

Benchmark crude for September delivery fell $2.23 to settle at $78.02 a barrel on the New York Mercantile Exchange.

At the pump, the national average for a gallon of unleaded gasoline was $2.780 Wednesday, which is about 3.3 cents more than a week ago, according to AAA, Wright Express and Oil Price Information Service.

The price is 13.7 cents higher than a year ago.