Reuters China's bitcoin exchanges, eyed by regulators, slap on trading feesReutersFILE PHOTO: A Bitcoin (virtual currency) paper wallet with QR codes and a coin are seen in an illustration picture taken at La Maison du Bitcoin in Paris, France, May 27, 2015. Reuters/Benoit Tessier/File Photo. China's bitcoin exchanges, eyed by …China Bitcoin Exchanges to Impose […]
Business Insider People are freaking out about American Airlines' new 'basic economy' tickets – but it may not be as bad as it seemsBusiness InsiderEven though the term has made its way into the lexicon of many travelers, the idea of basic economy remains enveloped by a fog of mystery and misinformation. Over the past […]
New York Times Foxconn's Possible US $7 Billion Display Plant – Yes Transport, Not Trump, Costs Matter Even TodayForbesTerry Gou, CEO of Foxconn, has mentioned that he is thinking of investing in a display producing plant in the US. This has caused much excitement as the investment would be of the $7 billion sort of […]
Yahoo News AT&T's DirectTV subscriptions prove Wall Street was wrongNew York PostDirecTV Now has picked up 200,000 subscribers since its late November launch, it said on Friday — about half what some Wall Street analysts had predicted. The new service from the AT&T unit carried an introductory price of $35 per month for 100 TV …DirecTV […]
Chicago Tribune Illinois, feds take on abusive student loan practices they say trap young peopleChicago TribuneSallie Mae Bank and Navient have been practicing widespread abuse in their student lending practices, leading to billions of dollars of needless debt, according to a lawsuit filed by Illinois Attorney General Lisa Madigan. (Ally Marotti/Chicago Tribune).6 Tips for Avoiding […]
Los Angeles Times HUD suspends FHA mortgage insurance rate cut an hour after Trump takes officeLos Angeles TimesAn hour after Donald Trump assumed the presidency Friday, his administration indefinitely suspended a pending rate cut for mortgage insurance required for FHA-backed loans, which are popular with first-time home buyers and those with poor credit.Trump's first executive […]
MLive.com Ford's 2016 net income to drop $2B after change in accountingMLive.comFord Motor Co. said in a statement to the Securities and Exchange Commission it will reduce its 2016 net income by $2 billion due to an accounting change. This loss on its full-year net income is not "reflective of the underlying operating results of […]
CNBC Morgan Stanley gives CEO raise, Goldman cuts backMarketWatchMorgan Stanley gave its chairman and CEO, James Gorman, a 7% raise for 2016, while Goldman Sachs Group Inc. cut stock awards for several executives but didn't disclose compensation for its top executive Lloyd Blankfein. Mr. Gorman received a pay …Morgan Stanley Lifts Gorman's 2016 Pay 7.1% to […]
Los Angeles Times California gains 3700 jobs in December, pushing unemployment down to 5.2%Los Angeles TimesCalifornia employers capped off a solid year of job growth in 2016 by adding a net 3,700 jobs during the month of December, the Employment Development Department reported Friday. The unemployment rate was 5.2%, down from 5.3% in November.Jobless rate […]
Forbes Apple Sues Qualcomm For $1 Billion, Alleging ExtortionForbesQualcomm Inc. CEO Steve Mollenkopf speaks during a keynote address at CES 2017 (Photo by Ethan Miller/Getty Images). Just days after the United States Federal Trade Commission sued Qualcomm for antitrust violations, Apple is joining in. On Friday …Apple Sues Qualcomm Over Licensing PracticesWall Street JournalApple accuses Qualcomm […]