Corporate

Friday, February 28, 2020

Corporate

A Best Buy program gets shoppers to pay twice the list price on big-ticket items

Best Buy last spring began offering a splashy lease-to-own program to customers who had been rejected for its store credit card. Progressive Leasing, executives said, would help cash-strapped shoppers buy big-ticket items they couldn't otherwise afford.
PNC bank accused of hiding video of wealth manager's assault

Damara Scott, a former wealth manager for PNC Financial Services, won $2.4 million from the bank earlier this month in a lawsuit that said she was groped by a customer with a history of harassing women there.
Airlines upended with coronavirus posing '9/11-type' travel risk

U.S. airline shares are on pace for the biggest five-day rout since March 2009, and two Wall Street analysts warned that the drubbing is poised to get worse as the new coronavirus crimps travel demand.
Wells Fargo fined $35 million for giving improper investment advice

Wells Fargo will pay a $35 million fine for improperly recommending risky investments to some of its clients, including senior citizens and retirees, the Securities and Exchange Commission said Thursday.
AB InBev cuts CEO bonus as brewer sees worst quarter in decade

Anheuser-Busch InBev NV, the world's largest brewer, cut its chief executive's bonus and forecast the steepest decline in quarterly profit in at least a decade as the coronavirus slows barhopping.

A Best Buy program gets shoppers to pay twice the list price on big-ticket items

PNC bank accused of hiding video of wealth manager's assault

File Photo/Syndication Washington Post, Bloomberg

Airlines upended with coronavirus posing '9/11-type' travel risk

Wells Fargo fined $35 million for giving improper investment advice

All the bars in Navigli are close after a regional ordinance that declares the closure of all bars after 6 p.m. in Milan on Tuesday, Feb. 25, 2020. MUST CREDIT: Bloomberg photo by Camilla Cerea

AB InBev cuts CEO bonus as brewer sees worst quarter in decade

Thaicom 5 deorbited

Amazon merchants spooked by coronavirus fallout curtail ad spending

Sustainable investment in focus at KBank Private Banking as execs plays down impact from Covid-19

Group chief executive ‬Aloke‭ ‬Lohia

IVL enjoys 18% growth in 2019, dividend on the way

Dtac takes possession of 26GHz 5G licences

CK Power shows strong profit growth in 2019

File Photo of Boeing 737 Max/Getty Images

FAA wants detailed inspections, fixes of engine panels on Boeing 737 Max

BP to pull out of trade groups over climate policies

U.S. companies so far are surviving China's factory shutdown. But the next few weeks are crucial.

Pikun Srimahunt, senior executive vice president of the Siam Commercial Bank

SCB suspends debt payments from hotel operators for 6 months

American air ends Qatar feud with eye on future Doha flights

JPMorgan sees a mortgage revival after years of quiet losses

Home Depot rebounded from a string of disappointing results with profit in the fourth quarter that topped analysts' projections as the U.S. housing market heated up. The shares gained the most in six months.

Home Depot climbs after profit gains on revved-up housing market

THAI president Sumeth Damrongchaitham

Temporary salary cut for THAI boss, top execs

Customers eat at a Shake Shack restaurant in Lexington, Kentucky. MUST CREDIT: Bloomberg photo by Luke Sharrett

Shake Shack plunges after sales outlook falls short of estimates

Senior WeWork executive exits after improper office relationship

BGRIM posts 215 per cent leap in profits in Q4 of 2019

File Photo of Shanghai street/Syndication Washington Post, Bloomberg

Millions of Chinese firms face collapse if banks don't act

China pushes factories to reopen, risking renewed virus spread

Top News