Money

No more free checking for Bank of America customers with low balances

No more free checking for Bank of America customers with low balances According to The Wall Street Journal , the bank switched its e-banking customers into the new accounts this month. But the bank discontinued eBanking for new customers in 2013. With online banks, customers can deposit checks, pay their bills and complete other basic banking tasks from their computers and smartphones. Credit unions and online-only banks, however, often don't have a monthly char... [Full Article...]

Starbucks offers all U.S. hourly workers paid leave benefits this year

Starbucks offers all U.S. hourly workers paid leave benefits this year All workers will also be able to earn paid sick time off based on the hours they worked starting in July. Chief executive Kevin Johnson said: "The value of Starbucks' benefit package [fully accessed] is unmatched by other retailers and provides thousands of dollars above the value of other companies compensation offerings". [Full Article...]

European Union fines Qualcomm almost €1bn for Apple chip deal sweetner

European Union fines Qualcomm almost €1bn for Apple chip deal sweetner This effectively shut out competitors such as Intel from the market for LTE baseband chipsets used in the 4G mobile phone standard for five years, the European Union said . Most of its profit comes from fees on its intellectual property, rather than chip sales, and that is why it has one of the highest margins in the industry, and has amassed almost $30 billion in cash and equivalents. [Full Article...]

Burger King makes pro-net neutrality video

Burger King makes pro-net neutrality video To bring attention to the issue, Burger King released a almost 3-minute video that attempts to explain what exactly net neutrality is, and how people could be affected by the FCC's recent vote. FCC made a decision to repeal net neutrality in December, and because of that internet providers can charge customers and companies for faster access to some websites over others. [Full Article...]

SpaceX Falcon Heavy Static Fire Test was successful

SpaceX Falcon Heavy Static Fire Test was successful But the preparations took longer than planned, and the three-day federal government shutdown contributed to the delay. Eastern on the pad at Kennedy Space Center's Launch Complex 39A (LC-39A). The first payload for the Falcon Heavy , however, is just a fun one. Aboard the flight will be a whimsical, cross-promotional payload for Musk - a cherry red Roadster built by his other business, Tesla... [Full Article...]

South Korea to Protest Before WTO Regarding US Tariffs

South Korea to Protest Before WTO Regarding US Tariffs However, the Norwegian manufacturer with a major plant in Moses Lake does not support the tariffs imposed by President Donald J. Trump on important solar panels on Tuesday. Actually, the ITC wanted a 35 percent tariff and Solar World and Suniva wanted a 50 percent tariff. In response to the steep United States tariffs on washing machines and solar panels, Chinese media yesterday warned that Chin... [Full Article...]

Trump's choose to guide US Fed accepted

Trump's choose to guide US Fed accepted Among the candidates President Trump was considering, Powell, a 64-year-old lawyer, was seen as a safe choice, who would provide continuity for existing USA monetary policy and not rattle markets. The Federal Reserve had to lower interest rates to near-zero levels to boost the economy after the global financial crisis in 2008. Among the no votes were four Republicans, including Marco Rubio f... [Full Article...]

US Blames Russia For Syrian Chemical Attack

US Blames Russia For Syrian Chemical Attack The acrimonious session followed a meeting of world leaders convened by French Foreign Minister, Jean-Yves Le Drian in Paris earlier in the week, at which he launched a new International Partnership against Immunity for the Use of Chemical Weapons. [Full Article...]

Amazon Go store swaps cashiers for sensors to remove queues

Amazon Go store swaps cashiers for sensors to remove queues It also has some food usually found at Whole Foods , the supermarket chain that Amazon owns. By using location analytics, retailers can get the insights needed to analyze the way shoppers behave inside their stores. With the acquisition of the popular luxury food goods store, Amazon became the second biggest private sector employer in the country. By eliminating checkout lines. [Full Article...]

Snapchat lets users share Stories outside of the app

Snapchat lets users share Stories outside of the app In the three months ended September 30, daily user growth declined 2.9%. The posts should then be viewable directly on these platforms. Snapchat users can create links to Stories by holding down on the "tile" on the Discover page. Young people account for the majority of Snapchat's user-base, with a reach of around 70% for 13 to 34-year-olds in Britain. This will also be the first time tha... [Full Article...]

Inside the Texas home where Perris siblings lived years ago

Inside the Texas home where Perris siblings lived years ago David, 57 and Louise, 49, have both been charged with child abuse. Teachers are mandated reporters, which means they are professionals who are legally required to report any suspected child abuse or neglect. Police found some of the children shackled to beds with chains and padlocks in the dark. Louise also did not attend her parents' funeral, her other sister Teresa Robinette told NBC Ne... [Full Article...]

Tesla board drives CEO pay into electric dreamland

Tesla board drives CEO pay into electric dreamland Musk's only compensation will be a 100 percent at-risk performance award, which ensures that he will be compensated only if Tesla performs "extraordinarily well", the company said in a statement . The plan requires Musk to either remain CEO or serve simultaneously as chairman and chief product officer. Musk has vast personal wealth. This means that Musk must bring TSLA's market cap to $6... [Full Article...]

U.S. wants Africa to shun North Korea

U.S. wants Africa to shun North Korea Pompeo said that North Korean leader Kim Jong-un will not stop with a single successful test and the next logical step would be to develop an arsenal of missiles that can be fired simultaneously. Despite personal warnings from Donald Trump on Twitter and in speeches , the United States has not been able so far to prevent North Korea from testing a hydrogen bomb and conducting three test launche... [Full Article...]

City Files Opioid Lawsuit

City Files Opioid Lawsuit New York City's lawsuit claims drugmakers and drug distributors misrepresented the safety of long-term opioid use, thereby facilitating widespread proliferation of the drugs. People in need of treatment and their families need support now, ' he said. "Although our products account for approximately 2% of the total opioid prescriptions, as a company, we've distributed the CDC Guideline for Presc... [Full Article...]

Zimbabwe cuts import tax on petrol, diesel to reduce pump price

Zimbabwe cuts import tax on petrol, diesel to reduce pump price Zimbabwe has some of the highest fuel prices in the southern African region, with a litre of both petrol and diesel going for an average US$1.40. In Kolkata, petrol cost Rs 74.79 on Sunday and in Chennai the price was 74.75 on the same day. [Full Article...]

United Kingdom regulator provisionally blocks Rupert Murdoch's £11.7bn takeover of Sky

United Kingdom regulator provisionally blocks Rupert Murdoch's £11.7bn takeover of Sky In its provisional findings published today, the CMA has found that Rupert Murdoch's attempt to buy the 61 per cent of Sky he doesn't already own is not in the public interest on media plurality grounds only. Anne Lambert, chair of the independent investigation group, said: "Media plurality goes to the heart of our democratic process". The CMA has set out a number of possible remedies wh... [Full Article...]

S Korea bans anonymous cryptocurrency trades

S Korea bans anonymous cryptocurrency trades Major correction has dawned the cryptocurrency market yet again this month with the current price decline seeming at an average of 10 per cent of all major cryptocurrencies out there including Ripple , Bitcoin Cash , while bitcoin and eithereum have lost over 5 per cent of their value. [Full Article...]

United States orders extra air cargo screening on flights from the Middle East

United States orders extra air cargo screening on flights from the Middle East The Transportation Security Administration announced Monday that cargo planes traveling from five countries in the Middle East will have their shipments more heavily scrutinized, CBS News. Abu Dhabi International Airport already has a US Customs and Border Protection facility that allows passengers to clear screening they'd otherwise have to go through when landing in America. [Full Article...]

Wynn Resorts (WYNN) Trading Up 8.7% Following Dividend Announcement

Wynn Resorts (WYNN) Trading Up 8.7% Following Dividend Announcement Shares for $3.08M were sold by Sinatra Kimmarie on Friday, September 15. Quantbot Ltd Partnership owns 7,186 shares. Gam Holding Ag bought 128,033 shares as the company's stock declined 7.81% while stock markets rallied. This is an increase over its earnings per share of 50 cents from the same period of the year prior. After $1.52 actual EPS reported by Wynn Resorts, Limited for the previous... [Full Article...]

Equity indices close at record highs, IT stocks gain

Equity indices close at record highs, IT stocks gain Meanwhile, the broad based NSE Nifty climbed by 71.50 or 0.66% at 10,966.20. The BSE index had touched an all-time intra-day high of 35,827 points and the NSE too had surged to 10,975.10 points - an all-time high in Nifty50's intra-day session. [Full Article...]


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