Chase Bank lets Canadian credit card customers off the hook
Some credit card holders in Canada can’t believe their luck. Chase Bank is forgiving all outstanding debt owed by users of its two Canadian credit cards: the Amazon.ca Rewards Visa and the Marriott Rewards Premier Visa. The bank retired both cards last year and said it’s wiping out cardholders’ debt to complete its exit from the Canadian credit card […]
Foot Locker powers up with new mega stores
Foot Locker plans to open dozens of “power” stores across the U.S., teaming up with Nike to do it, reports Lauren Thomas of CNBC.(https://www.cnbc.com/2019/08/09/foot-locker-is-opening-massive-power-stores-across-the-us-with-nike.html) These so-called power stores are four times as big as a typical Foot Locker store in malls. The newest will open Saturday in New York in the Washington Heights neighborhood of […]
Arizona Iced Tea moves from tea to pot
A major tea company is going to pot to boost sales. The company behind Arizona Iced Tea is getting into the market for marijuana-laced gummies and drinks in the U.S. and Canada, seeking new avenues for growth after losing ground in its core tea business, reports Jennifer Maloney of the Wall Street Journal. With marijuana […]
Disney misses profit and sales targets
Disney missed profit and sales expectations for the first full quarter since closing a $71.3 billion deal to acquire Rupert Murdoch’s Fox entertainment assets. As part of the deal, Disney took over a portfolio that included 20th Century Fox studios, the FX and National Geographic cable networks and 30 percent of Hulu, the online video […]
Spot gold hits in the roof
Spot gold, seen as a safe-haven investment, has gone through the roof, selling at $1,500 an ounce for the first time in more than six years as financial markets remain jittery. On Wall Street, the Dow Jones has fallen 2.24 percent to 25,446 while the Nasdaq is down 1.72 percent and the S&P 500 has […]
New York Times shares drop
Reuters is reporting that the New York Times Co. missed Wall Street estimates for revenue on Wednesday and signaled weakness in digital advertising for the rest of the year, sending its shares down 15 percent. “We expect the second half of 2019 to be somewhat more challenging for digital advertising than the first half, with […]
Dow Jones seeks Hong Kong-based web developer
Dow Jones is looking for a web developer in Hong Kong. The financial and business news company is looking for a talented individual who brings a creative approach to everything they do. The successful candidate is someone who can take the ball and run with it. Applicants require a degree or higher diploma in a […]
