JPMorgan warns customers they may have to pay for checking accounts
A top executive at JPMorgan Chase has warned the bank’s 86 million customers that they may soon be charged fees on their currently free checking accounts. Reportedly. Marianne Lake, CEO of JPMorgan Chase’s consumer and community banking division, blames the increased burden on Washington regulators, who are trying to impose an $8 cap on late […]
Major Utility Provider Cuts Thousands Of Customers’ Power To Prevent Wildfires From Breaking Out
A major utility provider cut power in certain areas of California on Tuesday morning to address wildfire risks. Pacific Gas and Electric (PG&E) warned Monday that it may shut off power in parts of Northern California and the San Francisco Bay area on Tuesday if weather conditions warrant. The utility company announced Tuesday morning that […]
Missouri waitress claims group of customers pulled her into the Lake of the Ozarks after she tried to make them pay bill
A Missouri waitress was allegedly dragged off a pier and into a lake after chasing a group of misbehaving customers who were trying to flee a restaurant. Lianna Bartels was working the late-night shift at Fish & Co. restaurant on Lake of the Ozarks in Camdenton, Missouri, on Friday when a group of seven people […]
Ex-law enforcement group opposes NY distilleries from directly shipping to customers: ‘Recipe for disaster’
A group of former police officers is urging Gov. Kathy Hockle to veto a bill that would allow New York craft distilleries and cider breweries to ship directly to customers, arguing it would lead to more underage drinking. Since 2005, New York wineries have had the right to ship wine directly to your home. “Direct-to-consumer […]
Sonic Drive-In enters fast-food value meal wars with $1.99 menu to lure in inflation-rocked customers
Sonic Drive-Ins said Monday it is launching a value menu, joining rivals McDonald’s, Burger King and Taco Bell in an industry-wide effort to lure back customers hit by inflation. The 71-year-old burger chain, owned by Inspire Brands, which also operates Arby’s, Baskin-Robbins, Buffalo Wild Wings and Dunkin’ Donuts, will offer a permanent menu of burgers, […]
Companies Are Bamboozling Investors and Customers with ‘AI Washing’
As artificial intelligence continues to be a hot topic, some companies have been accused of “AI washing” by exaggerating the capabilities of their AI technology. BBC News Reports In recent years, the phenomenon of “AI washing” has come into the spotlight as more companies claim to use AI in their products and services. A play […]
Nike Shares Crash 19% As Customers Swoosh Away To Competitors
Nike shares plummeted on Friday after the company reported quarterly results that beat profit expectations but warned of weak sales amid weak consumer demand for the brand’s shoes in North America and China. Sales were down 2% year over year, with direct-to-consumer sales down 8%, and the company appears to be losing market share to […]
Costco customers fume over change to $4.99 rotisserie chicken
Fans of Costco’s $4.99 rotisserie chicken have taken to social media to complain about the new plastic bag packaging, which replaces the old plastic containers shoppers have been accustomed to for years, claiming it leaks grease. In March, Costco began using cost-conscious, environmentally friendly plastic bags to replace the hard plastic containers it used to […]
HSBC, Virgin Money and Nationwide customers suffer online banking outage By Reuters – Investing.com
LONDON (Reuters) – Customers of HSBC, Nationwide and Virgin Money (LON:) were unable to use online banking services on Friday, the latest outage to plague an industry that has become increasingly reliant on digital access amid the closure of physical branches. Thousands of HSBC customers in the UK were unable to access online banking services […]
McDonald’s says McPlant burger failed, customers shunned non-meat option
McDonald’s has announced that its experiment with a plant-based burger was a failure. Joe Erlinger, head of the Chicago-based fast-food giant’s U.S. operations, told a business conference that the company ended the pilot program after customers in San Francisco and Dallas-Fort Worth panned the McPlant. McPlant “was not successful in either market,” Erlinger said. The […]