American Express profit rises, but it sets aside more money for possible defaults

American Express saw its profit and revenue climb in the second quarter, but the credit card issuer and global payments company’s stock slipped before the market open as it set aside more money for possible defaults on payments

2023-07-21 19:51

Cash App, Square down: Users report payment issues amid major outage

Payment services Cash App and Square have been hit by a major outage. The problems left customers unable to pay and see their balance as a result of what appeared to be serious technical issues. Both companies said their services were mostly back online. But some customers were still seeing issues many hours after the problems began. Customers first started reporting problems on Thursday. They acknowledged that there were widespread issues that could affect the basic features of both apps. “We are currently experiencing issues with multiple Square services,” Square said on X, formerly known as Twitter. “We understand how important it is for your business that our services be up and running, and we are actively working toward a fix.” Cash App said much the same. Both are under the same parent company, Block. On Friday, the companies said that the issues were fixed but that some problems could remain. Some said that they been able to get back onto the app – but that certain transfers or other updates appeared to have gone missing. “We are continuing to resolve the outage. Our services are mostly back online. You may experience brief delays with certain services. If you experience a delay, there is no need to reattempt,” the company said on its status page on Friday. Read More Could China be about to take a big bite out of Apple’s iPhone business? Update your iPhone immediately First photo emerges of Elon Musk and his baby twins with Neuralink director

2023-09-08 23:20

In-car radar could save children from tragic hot car deaths

New technologies hold the promise of putting a stop to a deadly trend that has come surging back as more busy parents return to their workplaces. Hot car deaths liof children have happened at least eight times so far this year, according to the auto safety group KidsandCars.org.

2023-06-29 20:26

Titanic Sub Search Vessel Reaches Sea Floor as Time Grows Short

A search vessel reached the sea floor near the wreck of the Titanic and began looking for a

2023-06-22 20:21

X-Caliber Affiliates Close a $33.5MM Transaction for California Almond Processing Facility

IRVINGTON, N.Y.--(BUSINESS WIRE)--Aug 30, 2023--

2023-08-31 00:22

The Fed is at odds with itself. That's a feature, not a bug

The Federal Reserve has a complicated decision to make during its next policy meeting, which is only a few weeks away.

2023-10-08 19:24

Futures fall as Powell's hawkish stance sours market mood

U.S. stock index futures fell on Friday as investor sentiment remained damp due to the hawkish interest-rate outlook

2023-06-23 17:46

Yellen pushes back forecast of potential US default date

WASHINGTON U.S. Treasury Secretary Janet Yellen on Friday extended the deadline for raising the federal debt limit, saying

2023-05-27 04:57

Giuliani Records Row in Election Suit a ‘Murky Mess,’ Judge Says

Rudy Giuliani fended off accusations he’s failed to fully comply with his legal duty to produce records and

2023-05-20 05:54

What's behind the sudden easing of S.Africa power cuts?

South Africa's crippling blackouts have shrunk from up to 12 hours a day to just over two hours daily in recent weeks, after inflicting a...

2023-07-06 23:28

OpenAI CEO tells US senators regulation is 'critical'

Sam Altman, the chief executive of ChatGPT's OpenAI, told US lawmakers on Tuesday that regulating artificial intelligence was essential, after...

2023-05-16 23:57

Google bets on India with Pixel smartphone manufacturing

By Tanvi Mehta and Blassy Boben NEW DELHI (Reuters) -Alphabet Inc's Google will start manufacturing smartphones in India and its

2023-10-19 17:26