Wells Fargo to reduce businesses following fake account scandal: FT
(Reuters) – Wells Fargo is poised to eliminate a number of its smaller businesses, the company’s chief financial officer said in an article published Sunday. The Financial Times reported that Wells Fargo will be spinning off a number of its products “worth hundreds of millions of dollars,” according to CFO John Shrewsberry, in order to […]
The 10 Best Family Cars for 2017
Summer is getting closer, which means Americans are buckling up. According to AAA, 80% of people plan to take a road trip this summer, which could mean it’s time to upgrade your wheels. Parents Magazine and Edmunds released their annual list of 10 Best Family Cars for 2017, just in time to hit the road. They looked at thousands of cars, […]
Here’s what happens to your old money
Everyday, the Federal Reserve puts new money into circulation, and takes old, damaged money out. The bills that look a little too worse-for-wear are deemed “unfit currency” and destroyed. Each year, the Fed recycles $200 billion worth of currency, and 70% of the new cash it ordered to be printed for 2017 is being used to replace […]
What you need to know about Amazon Prime Day
Unless you’ve been living under a rock, you probably know that Amazon (AMZN) Prime Day will happen Tuesday July 11. The third annual sale by the e-commerce giant will feature thousands of lightning deals only available to Prime members – they will be in limited quantities and available for a limited time. From kitchenware to electronics, the […]
Even a $2.7 billion fine can’t hurt Google
Google was fined $2.7 billion by the European Commission, but even that can’t hurt the search giant. (image: AFP) More Europe is once again mad at Google, but this time European regulators’ angst comes with a serious price tag: a €2.42 billion, or about $2.73 billion, fine to punish the Alphabet, Inc. (GOOG, GOOGL), subsidiary for pushing its […]
How to switch from iPhone to Android and vice versa
Change is good. It’s, as the cliché goes, the only constant. But change is also hard. And the hardest kind of change, outside of my transformation from obnoxiously dressed teen to a just plain obnoxious man-child, is changing the kind of smartphone you use. I’m not talking about going from an old iPhone to a new iPhone; I’m […]
GM teams up with Uber to expand Maven program to Australia
A sign for General Motors Co. car-sharing operation, Maven hangs on the facade of the New York Stock Exchange (NYSE) in New York, U.S., May 15, 2017. REUTERS/Brendan McDermid SYDNEY (Reuters) – General Motors Co said on Saturday it was testing its car-sharing operation, Maven, in Australia through a pilot program with ride-hailing company Uber […]
IPOs This Week: 5 Companies Seek Nearly $1 Billion in Capital
Both initial public offerings (IPOs) on last week’s calendar succeeded in entering the public markets and another five are on the calendar for the coming week. Last week’s capital raise of about $132 million is dwarfed by the $966 million being sought in the week ahead. Of last week’s IPOs, Akcea Therapeutics Inc. (AKCA) raised […]
A ruling against Google in Canada could affect free speech around the world
Google’s Canadian engineering headquarters in Kitchener-Waterloo, Ontario seen on January 14, 2016. (Reuters) The Supreme Court of Canada issued an order to Google Wednesday: Stop showing search results for a company accused of fraud, not just in Canada, but throughout the world. Yes, that includes everybody reading this in America. But the court’s ruling that the Alphabet. Inc., (GOOG, GOOGL) […]
Microsoft Surface Laptop review: A great notebook with one small flaw
The back-to-school shopping season is just around the corner, and Microsoft (MSFT) is hoping its new Surface Laptop will be the computer you or your child brings to the classroom. Starting at $999, the Surface Laptop is Microsoft’s attempt to fight back against the growing popularity of Google’s (GOOG, GOOGL) low-cost Chromebooks and Apple’s (AAPL) own MacBook line. It’s a beautiful, lightweight […]