30 May, 2016 by The TZ Newswire Staff Comments Off on What to Watch in the Stock Market This Week
What to Watch in the Stock Market This Week
Stock indexes gained more than 2% last week. The Dow Jones Industrial Average (DJINDICES: ^DJI) and the S&P 500 (SNPINDEX: ^GSPC) shook off mixed quarterly results from retailers, and mounting evidence of an impending interest rate hike from the Federal Reserve, to push near 2016 highs:
30 May, 2016 by The TZ Newswire Staff Comments Off on Global Stocks Unchanged; US Futures Rise Above 2,100 As Traders Celebrate Memorial Day
Global Stocks Unchanged; US Futures Rise Above 2,100 As Traders Celebrate Memorial Day
With the US closed for Memorial Day and UK markets offline due to a bank holiday, overnight volumes have been weaker than normal on little newsflow. The main story remains the stronger USD following Yellen’s hawkish Friday speech, which not only led to the lowest Yuan fixing since February 2011…
30 May, 2016 by The TZ Newswire Staff Comments Off on Barclaycard’s Expansion Plan
Barclaycard’s Expansion Plan
Barclays is looking into expanding its share in markets, including the U.S. and Germany, with new money freed up through its exit from the African business.
The British multinational banking corporation is looking into using its credit card business to spearhead its growth as it has quadrupled the bank’s profit over the last decade. Today, Barclaycard contributes a fourth of the bank’s overall profit and generates the highest returns, thereby helping the bank keep its head over the water.
30 May, 2016 by The TZ Newswire Staff Comments Off on Delta Gets Mobile App Suit Dismissed
Delta Gets Mobile App Suit Dismissed
Not every company that has a bustling mobile ecosystem now started that way, and those just getting off the ground have only now just left their rocky starts in the rearview mirror. Delta Airlines is one of those, and recent news clears it of a blemish on its mobile record.
30 May, 2016 by The TZ Newswire Staff Comments Off on RBI Pushes For EMV ATMs
RBI Pushes For EMV ATMs
India’s vast ATM network is set to get a major facelift.
The Reserve Bank of India has announced a timeline for the country’s vast ATM network, which constitutes close to 200,000 ATMs, to migrate from accepting mag stripe cards to accepting chip and PIN based cards. The mag stripe ATMs, the bank said, made them vulnerable to breaches.
30 May, 2016 by The TZ Newswire Staff Comments Off on Facebook Takes Ads To Third-Party Apps
Facebook Takes Ads To Third-Party Apps
Facebook is expanding its ad network beyond its own platform.
Facebook’s announcement stated that starting now it is extending its ad network to third-party mobile applications and websites. With this, Facebook ads will now be visible to not just users who have logged into their accounts, but to anyone who has ever visited its website.
30 May, 2016 by The TZ Newswire Staff Comments Off on Is The FBI Poking Around Pinterest?
Is The FBI Poking Around Pinterest?
Is the FBI attempting to get a glance at information Pinterest holds on its users?
It is hard to be certain, but some data recently noted by Electronic Frontier Foundation makes it seem distinctly possible since Pinterest has removed its “warrant canary” from its terms and conditions.
That indicates that Pinterest might well have been served with a National Security Letter by the FBI.
Why?