
Indian state open for talks with Uber rival Ola over ban
The southern Indian state of Karnataka kept the door open on Saturday to talks with local ride-hailing service Ola to avoid a ban that could help rival Uber build market share.
The southern Indian state of Karnataka kept the door open on Saturday to talks with local ride-hailing service Ola to avoid a ban that could help rival Uber build market share.
I’ve previously written about America’s coming retirement crisis. But there’s another crisis that isn’t helping the situation… the student debt crisis.
As more Americans attend college, student loans have grown by almost 160%. There’s currently $1.5 trillion in federal student loans out there.
The average student loan borrower is $37,172 in debt. Many owe more than that… Late fees and defaults often drive that debt up to six figures. It’s gotten so bad that 40% of borrowers are expected to default on their loans by 2023.
The average monthly payment on a student loan is $393. But some people pay as much as …read more […]
Citigroup Inc has fired eight bankers and suspended three others from its equities trading desk in Hong Kong after an internal probe revealed misconduct in their dealings with clients, people with knowledge of the matter said.
Apple chief executive Tim Cook nudged China on Saturday to open up and said the future would depend on global collaboration, as the United States and China remained locked in a bitter trade dispute.
MTV, Nickelodeon, Comedy Central and other Viacom Inc channels were still available on AT&T Inc’s DirecTV satellite TV service on early Saturday morning as the companies continued to hash out a new carriage contract.
The three U.S. airlines that own Boeing Co’s 737 MAX are meeting the U.S. manufacturer this weekend to review a software upgrade for the jet that has suffered two fatal crashes in five months, officials from the airlines told Reuters.
Southwest Airlines Co is sending a team to review Boeing Co’s software upgrade for its 737 MAX airplanes, a spokeswoman told Reuters on Friday, even as it prepares to park its 34 MAX jets at a facility near the California desert.
Southwest Airlines Co is sending experts from its technical pilot and training teams to review documentation and training associated with Boeing Co’s updated speed trim system on its 737 MAX aircraft, a spokeswoman told Reuters on Friday.
Philip Morris International Inc on Friday said its Canadian unit, Rothmans, Benson & Hedges Inc (RBH), was granted creditor protection, following a tobacco class action ruling in Quebec earlier this month.
As Wall Street braces for what may be the first U.S. profit decline since 2016, investors say the first quarter may not mark the low point for 2019 earnings.
Viacom Inc’s bitter contract renewal talks with AT&T Inc’s DirecTV that could see the blackout of MTV, Nickelodeon and Comedy Central by midnight Friday are weighing on a possible tie-up of CBS and Viacom, sources familiar with the discussions said.
Elon Musk’s lawyers said that the U.S. Securities and Exchange Commission failed to satisfy its heavy burden of showing that the Tesla Inc chief executive should be held in contempt, and the tweet prompting its contempt motion was both proper and “not material.”
A U.S. lawmaker on Friday urged current or former Boeing Co and Federal Aviation Administration (FAA) employees to come forward with any information about the certification program for the 737 MAX, which has suffered two fatal crashes in five months.
Allergan Plc plans to elect an independent board chairman, starting with the next leadership transition, the Botox maker said on Friday, as the drugmaker responds to calls from hedge fund Appaloosa LP to separate the roles of chairman and chief executive officer.
Wall Street stocks sold off sharply on Friday, with all three major U.S. stock indexes posting their biggest one-day percentage declines since Jan. 3, as weak factory data from the United States and Europe led to an inversion of U.S. Treasury yields, fueling fears of a global economic downturn.
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