28 February, 2017 by The TZ Newswire Staff Comments Off on The New York Post: Uber CEO gets into shouting match with driver over falling fares
The New York Post: Uber CEO gets into shouting match with driver over falling fares
Uber Technology Inc.’s CEO had a rough ride while using his own company’s car service, when he got into a shouting match with a driver who was angry over dropping prices and lower pay, a dash-cam video of the encounter shows.
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28 February, 2017 by The TZ Newswire Staff Comments Off on PRA Group Takes a Huge Charge to Finish 2016
PRA Group Takes a Huge Charge to Finish 2016
PRA Group (NASDAQ: PRAA) has made every effort to take advantage of the debt collection industry in which it operates, and the company has dealt well with somewhat adverse industry conditions that have weighed on its ability to do business in the manner it would prefer. Coming into Tuesday’s fourth-quarter financial report, PRA Group investors expected a modest drop in revenue and were prepared to see net income fall by roughly a third. What they weren’t prepared to see, though, was a huge plunge in sales that sent the company to a substantial loss.
28 February, 2017 by The TZ Newswire Staff Comments Off on Qualcomm, Inc. Reportedly Gaining Chip Share in China
Qualcomm, Inc. Reportedly Gaining Chip Share in China
Qualcomm (NASDAQ: QCOM) is the largest vendor of applications processors used in smartphones today. Though the company’s highest-end applications processors, like the recently announced Snapdragon 835 for “premium tier” phones, garner the most attention in the press, the company builds an entire range of products to address smartphones sold at a wide range of price points.
28 February, 2017 by The TZ Newswire Staff Comments Off on Trump executive order seeks to roll back controversial Obama water rules
Trump executive order seeks to roll back controversial Obama water rules
An executive order signed Tuesday by President Donald Trump seeks to roll back controversial water rules from Obama.
28 February, 2017 by The TZ Newswire Staff Comments Off on Crestline Investors Taps Ex-Goldman MD Officer For Marketing Role
Crestline Investors Taps Ex-Goldman MD Officer For Marketing Role
Alternative asset manager Crestline Investors has named former Goldman Sachs executive Graham Officer as a managing director at the firm and head of marketing for the company’s Crestline Summit Equity Alpha hedge fund.
28 February, 2017 by The TZ Newswire Staff Comments Off on Trump signs executive order to begin water rule rollback
Trump signs executive order to begin water rule rollback
The order instructs both departments to formally reconsider the Water of the United States rule or WOTUS, NBC News reports.
28 February, 2017 by The TZ Newswire Staff Comments Off on Better Buy: J.C. Penney Company Inc vs. Kohl’s Corporation
Better Buy: J.C. Penney Company Inc vs. Kohl’s Corporation
It’s hard out there for a retailer these days.
Department store chains are seeing sales flee amid competition from the e-commerce channel, declining mall traffic, and fast fashion retailers like H&M and Zara. Many, including Macy’s and J.C. Penney (NYSE: JCP) are closing stores, which could put even more pressure on mall retailers as hundreds of malls are set to lose their anchors.