Economy

MasterCard adds fingerprint sensors to payment cards

MasterCard adds fingerprint sensors to payment cards A cardholder enrols their card by registering with their financial institution. Mastercard has said that it hopes to roll the technology out to the rest of the world by the end of 2017, though even when it does we'll have to wait for our respective banks to get on board and adopt the technology before we'll get to use it. [Full Article...]

Wells Fargo rehires 1000 employees who left over fake-account scandal

Wells Fargo has been in lawmakers' crosshairs since acknowledging a year ago that some of its employees created as many as 2 million fake accounts - from credit cards to checking accounts - to meet sales goals. One regional president was particularly aggressive in her Jump into January campaigns, creating a practice known as "running the gauntlet", in which district managers dressed up in theme... [Full Article...]

Mallya arrested in United Kingdom, released later on bail

Mallya has been living in the United Kingdom since having his diplomatic passport revoked a year ago and was only in attendance for the British Grand Prix last season - the Indian businessman previously was a permanent fixture on his team's pit wall. [Full Article...]

United Airlines boss says he won't resign

United Airlines boss says he won't resign But the company said his base salary was $1.25 million. "You're relying on the airline". Even if United could pursue legal action, Anthony Rickman, a former prosecutor turned defense attorney in Tampa, said the airline is already facing a public relations nightmare that would only be compounded by an attack on the passengers who captured the incident on video. [Full Article...]

Kuwait oil minister says expects extension of OPEC, non-OPEC deal

Kuwait oil minister says expects extension of OPEC, non-OPEC deal But even with near full compliance by Opec members, prices have stalled at this level and last month dropped and then recovered by 10 per cent, on worries that Russian Federation - the main non-Opec partner in the deal - would not fully meet its pledged cuts, also by a resurgence in U.S. [Full Article...]

The Tesla Inc (TSLA) Rating Reiterated by Sanford C. Bernstein

The Tesla Inc (TSLA) Rating Reiterated by Sanford C. Bernstein Other analysts have also recently issued research reports about the company. Reynolds American Inc. has 1 year price target of $59.41. Vetr upgraded Tesla from a sell rating to a hold rating and set a $201.47 target price on the stock in a report on Wednesday, December 21st. [Full Article...]

Chipotle (CMG) Stock Gains on Price Increases

Chipotle (CMG) Stock Gains on Price Increases Chipotle Mexican Grill CMG has 28,772,000 shares outstanding at the moment which are trading around 465.04 bringing Chipotle Mexican Grill CMG's market capitalisation to 13.38B United States dollars. The correct version of this piece can be viewed at https://www.thecerbatgem.com/2017/04/19/chipotle-mexican-grill-inc-cmg-receives-414-01-consensus-pt-from-analysts-updated-updated.html. [Full Article...]

On-demand rides for companies through Uber Central now in India

On-demand rides for companies through Uber Central now in India Uber Central lets businesses request, manage, and pay for rides for other people, allowing organisations to manage multiple rides at the same time, from the same dashboard - and is now live in New Zealand. Previous trips can also be reviewed. Here's how it works: company employees who have access to the Uber Central console input a customer's name and phone number, along with their pickup and dr... [Full Article...]

Man dragged from United flight launches legal action

The company sought to quell the uproar over the incident by also announcing that it would no longer ask police to remove passengers from full flights. 'That is not who our family at United is, ' he said. US Senator Chris Van Hollen, a Maryland Democrat, announced plans for the Customers Not Cargo Act, which would prohibit the forcible removal of passengers already aboard an aircraft "due to over... [Full Article...]

Pence in Japan: 'All options are on the table' regarding North Korea

Pence in Japan: 'All options are on the table' regarding North Korea She added, "The main reason why we are proceeding with this is that there is this imminent threat from North Korea that threatens South Korea, threatens our allies, and threatens our troops in the region". strike group in the region. He described the U.S. -Japan alliance as the "cornerstone" of regional security. Pence said, "We appreciate the challenging times in which the people of Japan live ... [Full Article...]

Korea trade after its trucks haul missiles

Korea trade after its trucks haul missiles North Korea's deputy United Nations ambassador Kim In Ryong said during a news conference that the USA was turning the Korean Peninsula into "the world's biggest hotspot" and creating "a risky distuation in which a thermonuclear war may break out at any moment ". [Full Article...]

US Sales Of Nintendo Switch, New 'Zelda' Break Company Records

The figure, which SuperData notes comes after collaborating with Gfk and Media Create, means the Switch actually is having a shortage- it is clear Nintendo did produce more units than they intended to, but they still sold out, which may be contributing to its perennial shortages. [Full Article...]

No One Will Be Fired For Dragging Incident: United Airlines

The damaging passenger dragging incident, caught on video, was down to a 'system failure'. CEO Oscar Munoz said yesterday that he takes full responsibility "for making this right ", and he promised more details later this month after United finishes a review of its policies on overbooked flights. [Full Article...]

Oil prices drive rebound in New Zealand Q1 inflation

Oil prices drive rebound in New Zealand Q1 inflation Tradeables inflation, which includes goods and services that compete with worldwide rivals, rose 0.8 percent in the quarter and 1.6 percent on the year. The sharp recovery in inflation had taken inflation expectations back to the middle of the RBNZ's target band of 1 percent to 3 percent, "removing one of the RBNZ's key concerns of recent years", it said. [Full Article...]

North Korea: Nuclear War With US May Be Near

North Korea: Nuclear War With US May Be Near Pence arrived in Tokyo from South Korea, where he visited the heavily fortified border separating the North and South. In response, the general staff of the North Korean armed forces threatened to launch a strike against U.S. "The United States will strengthen its presence in the Asia Pacific...." Trump entered the meeting talking tough. Pence reassured Prime Minister Shinzo Abe on Tuesday t... [Full Article...]

EPA seeks to derail cleanup of coal power plant pollution

The EPA administrator reportedly toured the lead-contaminated areas of the city by auto and then attended a meeting later in the day with state and local officials at the city's Carrie Gosch Elementary School. East Chicago is receiving $16.5 million in EPA State Revolving Fund (SRF) funding for drinking-water infrastructure upgrades.EPA, the state and the city are working together to coordinate ... [Full Article...]

The Barracuda Networks Inc (CUDA) CFO Sells $29150.00 in Stock

The price target estimates represents a standard deviation of 5.19. SVP, Worldwide Sales, Hughes Michael D, sold 4,468 common shares of Barracuda Networks , Inc. Baird" was originally published by BBNS and is owned by of BBNS. If you are reading this story on another website, it was stolen and republished in violation of United States and global trademark and copyright laws. [Full Article...]

Morning Buzz: Starbucks Corporation (SBUX)

State Street Corp boosted its stake in Starbucks by 3.5% in the fourth quarter. Gradient Investments LLC now owns 1,865 shares of the coffee company's stock worth $109,000 after buying an additional 718 shares in the last quarter. The stock has a Return on Assets of 21.1 percent, Return on Investment of 29.5 percent and a Return on Equity of 51.2 percent. The firm's revenue for the quarter was up ... [Full Article...]

United Airlines debacle: Was a 'random' computer search really to blame?

United Airlines debacle: Was a 'random' computer search really to blame? United Airlines said in a statement that the airline needed room on the aircraft to transfer crew for another flight and that they offered $1,000 in exchange for customers to give up their seats. But Dao agreed to get off the plane, passenger Jayse Anspach said. "The family of Dr. Dao wants the world to know that they are very appreciative of the outpouring of prayers, concern and support the... [Full Article...]

Goldman sinks to almost five month low after earnings miss

Goldman sinks to almost five month low after earnings miss Goldman's investment management revenue grew 12% year over year. Wilson's resignation came a week after the publication of a highly negative report by short-seller Glaucus Research Group that knocked shares in Quintis down 24 percent. Stockholders of record on Thursday, June 1st will be paid a $0.75 dividend. As a Goldman Sachs shareholder myself, I'd be lying if I said I wasn't a bit disappoi... [Full Article...]


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