The Consumer Financial Protection Bureau says the new rule would save depositors $5 billion annually. BY Reuters The U.S. watchdog agency for consumer finance on Thursday adopted new regulations capping the amount banks can charge for overdrafts, saying the rule would save depositors $5 billion annually. The new regulation, adopted over the banking industry’s vocal opposition, … Continue reading The CFPB cracks down on bank overdraft fees with this new rule
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Elon Musk’s $56 billion payday struck down again by this Delaware judge
Chancellor McCormick also rejected a massive fee request by plaintiff attorneys. BY Associated Press A Delaware judge has reaffirmed her ruling that Tesla must revoke Elon Musk’s multibillion-dollar pay package. Chancellor Kathaleen St. Jude McCormick on Monday denied a request by attorneys for Musk and Tesla’s corporate directors to vacate her ruling earlier this year requiring … Continue reading Elon Musk’s $56 billion payday struck down again by this Delaware judge
Mass Effect creator’s new studio is shutting down after three years
Mass Effect creator’s new studio is shutting down after three years Casey Hudson’s indie venture fell victim to “an unexpected shortfall of funding.” will shanklin Updated Tue, Nov 26, 2024, Humanoid Origin / LinkedIn Humanoid Origin will be shutting down. The three-year-old indie gaming studio, helmed by former BioWare GM and Mass … Continue reading Mass Effect creator’s new studio is shutting down after three years
Google Cracks Down On SEO Ranking Abuse
Google Cracks Down On SEO Ranking Abuse by Laurie Sullivan , Staff Writer @lauriesullivan, November 19, 2024 Google keeps its spam policy updated. This time, the goal is to target websites hosting content intended to take advantage of site ranking, especially after earlier this year it launched a method to combat site reputation abuse. That’s where third-party … Continue reading Google Cracks Down On SEO Ranking Abuse
Why is DJT stock down? 2 possible reasons why Trump Media shares are sinking after Donald Trump’s election win
November 07, 2024 Why is DJT stock down? 2 possible reasons why Trump Media shares are sinking after Donald Trump’s election win The parent company of Truth Social continues to see volatile trading even with Trump returning to the White House. Some investors may want to cash out while they can. BY Michael Grothaus One of … Continue reading Why is DJT stock down? 2 possible reasons why Trump Media shares are sinking after Donald Trump’s election win
M&A activity increases in martech sector, while investment, new products slow down
New martech product releases were down from Q2, but up year over year, according to CabinetM’s Q3 2024 MarTech Innovation Report. Allyson Delaney on October 23, 2024 The number of new product releases in the martech sector slowed in Q3 2024, while investment shrunk and M&A activity increased. That’s according to CabinetM’ Q3 2024 MarTech … Continue reading M&A activity increases in martech sector, while investment, new products slow down
Oil company Phillips 66 will shut down its L.A. refinery
October 17, 2024 Oil company Phillips 66 will shut down its L.A. refinery The announcement comes days after Democratic Gov. Gavin Newsom signed a law aimed at preventing gas prices from spiking at the pump. BY Associated Press Oil company Phillips 66 announced Wednesday that it plans to shut down a Los Angeles-area refinery by the … Continue reading Oil company Phillips 66 will shut down its L.A. refinery
Salesforce goes down, while speculation and conspiracy theories go up
Users say there’s a lack of accurate information when SaaS platforms suffer an outage. They’re not wrong, but it’s not that simple. Mike Pastore on October 1, 2024 Salesforce suffered an outage across a number of instances Tuesday, making some features of its platform unavailable to users, while others reported they could not log … Continue reading Salesforce goes down, while speculation and conspiracy theories go up
Consumers Sacrifice Brand Loyalty Down To The Penny
Consumers Sacrifice Brand Loyalty Down To The Penny by Laurie Sullivan , Staff Writer @lauriesullivan, September 24, 2024 Taylor Sheridan, the creator of the hit TV series “Yellowstone,” recently purchased around 179 acres, give or take a few dozen, just miles from my property in Wyoming, where different words and phrases are used to talk about … Continue reading Consumers Sacrifice Brand Loyalty Down To The Penny
Why Visa, Burberry, and McDonald’s are all seeing a slow down in profits
August 08, 2024 Why Visa, Burberry, and McDonald’s are all seeing a slow down in profits Post-pandemic splurging is over. BY Reuters Investors in large consumer-goods companies are having to up their stock-picking game, as a post-pandemic spending splurge dries up and increasingly price-sensitive shoppers start to erode corporate pricing power. Profit warnings in sectors ranging … Continue reading Why Visa, Burberry, and McDonald’s are all seeing a slow down in profits