Sunday, 19 May 2024

Business

Business News Today: Get all the Latest Business News, Economy News, International Business News on the news24x7world.com. Read Business News …

Harley-Davidson cuts 2019 shipments guidance after sales slump

CHICAGO (Reuters) – Harley-Davidson Inc (HOG.N) on Tuesday trimmed guidance for shipments of its motorcycles in 2019 after worldwide sales in the second quarter slumped, hurt by higher tariff costs as well as weak demand in the United States. The Milwaukee, Wisconsin-based company now expects to ship about 212,000 to 217,000 bikes in 2019. This […]

Equifax consumers face uphill battle for claims

(Reuters) – Consumers affected by the massive Equifax Inc (EFX.N) data breach in 2017 will not reap any windfalls from the credit reporting company’s $700 million U.S. settlement announced on Monday, but may face a cumbersome process to get compensation. Federal Trade Commission officials said those among the 147 million consumers who had to spend […]

Equifax's $700 million data breach settlement spurs criticism, calls for new rules

WASHINGTON (Reuters) – Credit-reporting company Equifax Inc (EFX.N) will pay up to $700 million to settle claims it broke the law during a massive 2017 data breach and to repay harmed consumers, in a landmark settlement that was nonetheless criticized by consumer advocates and some lawmakers who called for stricter regulation. While it was the […]

Jeffrey Epstein’s Deep Ties to Top Wall Street Figures

When Jeffrey Epstein was serving time in Florida for soliciting prostitution from a minor, he got a surprising visitor: James E. Staley, a top JPMorgan Chase executive and one of the highest-ranking figures on Wall Street. Mr. Staley had good reason to maintain his relationship with Mr. Epstein, who received him at his Palm Beach […]

S&P 500 climbs toward record, marquee reports in focus

(Reuters) – The S&P 500 climbed toward a record high on Monday, supported by expectations of lower interest rates, while investors awaited quarterly earnings from marquee companies Facebook, Alphabet and Amazon later this week. Facebook Inc (FB.O) rose 1.6% ahead of its report after the bell on Wednesday, while Amazon.com Inc (AMZN.O) and Google-parent Alphabet […]

Equifax to pay up to $700M in data breach settlement

WASHINGTON (AP) — Equifax will pay up to $700 million to settle with the U.S. and states over a 2017 data breach that exposed Social Security numbers and other private information of nearly 150 million people. The settlement with the U.S. Consumer Financial Protection Bureau and the Federal Trade Commission, as well as 48 states […]

Equifax Settlement in Data Breach Will Cost at Least $650 Million

The credit bureau Equifax will pay at least $650 million and potentially significantly more to end an array of state, federal and consumer claims over a data breach two years ago that exposed the sensitive information of more than 148 million people. The breach was one of the most potentially damaging in an ever-growing list […]

Oil rises more than 2% after Iran seizes British tanker

LONDON (Reuters) – Oil prices rose more than 2% on Monday on concerns that Iran’s seizure of a British tanker last week may lead to supply disruptions in the energy-rich Gulf. Brent crude futures climbed $1.41, or 2.26%, to $63.88 a barrel by 0840 GMT. West Texas Intermediate (WTI) crude futures were up $1.13, or […]

Batman and AT&T: A New Dynamic Duo?

After 80 years of fighting villains like the Joker and the Riddler, Batman faces his biggest battle yet: the streaming wars. The Dark Knight, Wonder Woman and other Justice Leaguers appearing in DC comic books came under new ownership last year, when AT&T closed on its $85.4 billion acquisition of DC’s parent, Time Warner. And […]