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Tag: business news magazine

12/03/202311/07/2024

Wells Fargo missing deposit glitch alarm customers. The bank said it was a ‘technical issue’

Photo taken in 2012 shows a Wells Fargo sign displayed on one of the bank's branches in New York City.

Photo taken in 2012 shows a Wells Fargo sign displayed on one of the bank’s branches in New York City.

Some Wells Fargo customers were met with missing transactions on their accounts Friday, according to the bank.

A statement on the company’s website warns that some users might find incorrect balances on their account, which “may be due to a technical issue.”

“Your accounts continue to be secure and we’re working quickly on a resolution,” Wells Fargo said in the statement.

In a statement, the company said the issue would be resolved by Saturday, and the bank would refund the

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11/03/202311/07/2024

Fukushima plant head: Too early to predict decommissioning – Business News

Photo: The Canadian Press

The head of Japan’s wrecked Fukushima nuclear plant says details of the damage inside its reactors are only beginning to be known 12 years after it was hit by a massive earthquake and tsunami, making it difficult to foresee when or how its decommissioning will be completed.

The most pressing immediate task is to safely start releasing large amounts of treated but still radioactive water from the plant into the sea, Akira Ono said in an interview with The Associated Press.

The March 2011 earthquake and tsunami damaged cooling systems at the Fukushima Daiichi plant, causing

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10/03/202311/07/2024

What Happens When You Don’t Fund Your Trust?

After you work with your estate planning attorney to draft a carefully tailored estate plan, it is usually your responsibility to “fund” the trust.

We can help you stay on top of the latest news that affects your everyday life. Subscribe to stay up to date. (To subscribe to our blog click here).

What does funding the trust mean?

Funding the trust is simply transferring assets into your trust.

If you have a trust, you will want to put your assets into the trust, by retitling bank accounts, re-designating beneficiaries of life insurance, etc. We walk our clients through

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09/03/202311/07/2024

Global race to boost electric vehicle range in cold weather – Business News

Tom Krisher And Mark Thiessen, The Associated Press – March 4, 2023 / 6:50 am | Stories: 414415

Photo: The Canadian Press

Alaska’s rugged and frigid interior, where it can get as cold as -46 C, is not the place you’d expect to find an electric school bus.

But here is Bus No. 50, with a cartoon horse decal on its side, quietly traversing about 40 miles of snowy and icy roads each day in Tok, shuttling students to school not far from the Canadian border.

It works OK on the daily route. But cold temperatures rob electric vehicle batteries

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03/03/202311/07/2024

Twitter for Business to Cost $1,000 Monthly for Verified Check-Mark

Elon Musk’s Twitter needs cash — and now the mega-billionaire wants companies and brands to fork over $1,000 monthly to get verified check-marks on his social network.

Twitter is asking organizations to pay $1,000 per month, plus an additional $50 monthly for each affiliated sub-account, to maintain the gold check-mark verification badges the company introduced in December, replacing the blue check-marks for businesses, according to social media consultant Matt Navarra, who tweeted the details Friday (see below). Tech news site The Information confirmed the details, adding that the pricing “is being finalized and could still change.”

Twitter reps

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03/03/202311/07/2024

3 Things You Should Know About Irrevocable Trusts

A trust is an estate planning tool that allows a person to control their assets during their lifetime and make provisions for incapacity and death.

We can help you stay on top of the latest news that affects your everyday life. Subscribe to stay up to date. (To subscribe to our blog click here).

One thing you should know about irrevocable trusts is that, unlike revocable or living trusts, irrevocable trusts cannot be changed or amended. They are set in stone.

A second thing that you should know about irrevocable trusts is that they have significant advantages, and

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24/02/202311/07/2024

Boeing Halts Delivery Of 787 Dreamliners

Boeing Co. temporarily stopped deliveries of its 787 Dreamliners as directed by the Federal Aviation Administration, pending an additional analysis on a fuselage component, reports said.

The FAA stated that the company cannot resume deliveries of the plane, which was halted earlier too to a series of manufacturing flaws until the agency is satisfied that the issue has been addressed. However, the aerospace and defense major will continue its production, and the company doesn’t expect the issue to require additional work on the 787s.

Boeing noted that the near-term deliveries will be impacted, but it does not anticipate a change

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21/02/202311/07/2024

CIBC agrees to settle Cerberus lawsuit for US$770 million – Business News

CIBC settles for US$770M

The Canadian Press – Feb 17, 2023 / 6:47 pm | Stories: 412161

Photo: The Canadian Press

CIBC says it has entered into an agreement to settle a lawsuit filed against it by private equity firm Cerberus Capital Management LP. The company says it’s agreed to pay US$770 million to Cerberus, and both parties have agreed to dismiss the litigation. The CIBC logo displayed on a flag in front of its headquarters in Toronto on Oct. 25, 2021. THE CANADIAN PRESS/Evan Buhler

CIBC says it has entered into an agreement to settle a lawsuit filed against

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