Tag Archives: Capital One

Financial Daily Dose 11.08.2019 | Top Story: US and China Set to Roll Back Tariffs as Part of Trade Deal First Phase

BY: Michael D. Reif | November 8, 2019

The U.S. and China have tentatively [maybe?] agreed that a first phase of a trade agreement “would roll back a portion of the tariffs placed on each other’s products, a significant step toward defusing tensions between the world’s largest economies.” Though nothing’s signed at this point, the commitment-in-principle “marks the first time the United States … Continue reading

Financial Daily Dose 8.16.2019 | Top Story: Cathay Pacific CEO Resigns Amidst Turmoil in Hong Kong

BY: Michael D. Reif | August 16, 2019

Hong Kong-based Cathay Pacific Airways CEO Rupert Hogg has resigned in order to “take responsibility” a week “after the carrier was rebuked by China for staff involvement in the anti-Beijing protests rocking Hong Kong.” Hogg had been on the job for just 2 years – Bloomberg and NYTimes and WSJ and MarketWatch The Labor Department … Continue reading

Financial Daily Dose 7.30.2019 | Top Story: Capital One Reveals Data Breach Affecting 106 Million

BY: Michael D. Reif | July 30, 2019

Financial giant Capital One, the fifth-largest credit card issuer in the U.S., announced on Monday that a hacker illegally accessed “the personal information of approximately 106 million card customers and applicants, one of the largest ever data breaches of a big bank.” CapOne’s unfortunate reveal coincided with the arrest of the alleged hacker, a former … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | October 24, 2018

Markets around the world took a beating yesterday amidst concerns about steel tariffs and other rising commodity costs, an economic slowdown in China, and brewing trouble in the EU. US stocks rallied by the end of the day to ease the size of the losses – NYTimes and WSJ and Bloomberg The European Commission has … Continue reading