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Category: Money

Fornite a bigger rival for Netflix than HBO in battle for screen time

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Dalvin Brown USA TODAY Published 9:16 PM EST Jan 17, 2019 Even though every other media company seems to be starting a streaming service, Netflix is facing an on-screen challenge from another corner: “Fortnite,” that ultra-popular, multiplatform videogame, appears to be a formidable foe. “We compete with (and lose to) Fortnite more than HBO,” Netflix said in a […]

Is commonhold the answer to your leasehold woes?

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An unusual type of property ownership called commonhold edged closer to the mainstream this week, but experts say it needs huge changes to be viable for most. This week the Law Commission, which overhauls laws, proposed reforms that could kickstart the popularity of commonhold. The current system of property ownership sees freeholders own a property outright, while leaseholders […]

US stocks are little changed after strong start to 2019

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U.S. stocks are little changed Thursday morning as the market’s recent rally loses steam. Health care and communications companies are edging upward while banks and technology companies are slipping. Morgan Stanley dropped after its fourth-quarter results fell short of Wall Street’s expectations while railroad operator CSX fell after forecasting weaker revenue growth in 2019. KEEPING […]

Kay Jewelers gets $11 million penalty for shady store card practices

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Janna Herron USA TODAY Published 3:17 PM EST Jan 16, 2019 The parent company of Kay Jewelers and Jared Galleria of Jewelry agreed to pay a $11 million penalty for signing customers up for a store credit card and payment protection without their knowledge and giving false information on the card’s interest rate. Under the […]

‘Why has it taken Aegon a month to transfer my £15,000 Isa money?’

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I had two funds held in an Isa by Cofunds. Earlier this year I wrote to HSBC, with which I have an Isa fund account, asking it to transfer the holdings that had been with Cofunds into my HSBC investment account. I was advised by the bank that one of the holdings was a fund […]

Markets Right Now: Banks lead stock gains on Wall Street

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The latest on developments in financial markets (all times local): 4 p.m. Strong earnings from several big banks powered more gains on Wall Street, with Goldman Sachs and Bank of America leading the way. Goldman Sachs jumped 9.5 percent Wednesday, its biggest gain in 10 years, after the bank said gains in its advisory business […]

Most collectible cars of show’s past 30 years

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Nathan Bomey USA TODAY Published 5:01 AM EST Jan 16, 2019 The history of the Detroit auto show features a dizzying array of showstoppers, oddities, total duds and everything in between. Only time can tell which vehicles end up becoming truly collectible. As the show makes its final run in January before moving to June […]

‘BT hit me with a surprise £194 bill – so I took it to the small claims court’

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In late 2016 I was misled about the consequences of leaving BT.  I wanted to retain our BT internet email addresses, short term and free of charge. We have four. I was given the impression that we would lose them on the day I left BT.  Subsequently I discovered I could retain them for 30 days […]

No-shows for auto shows? Detroit and others aim to retool

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At first glance, this year’s edition of the North American International Auto Show might look like any other from the past: gleaming vehicles, bright lights and flashy displays trying to lure spectators to their offerings. But after traversing Cobo Center’s massive exhibition space and ticking off the automakers, you’ll notice what’s not there: namely BMW, […]

Inspections of high-risk foods are resuming

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Zlati Meyer USA TODAY Published 2:55 PM EST Jan 15, 2019 The U.S. Food and Drug Administration is restarting inspections of high-risk foods that had been stopped due to the federal government shutdown as early as Tuesday. The estimated 150 furloughed people recalled to do this are mostly unpaid, according to FDA commissioner Scott Gottlieb.   High-risk […]