Fallout
Deutsche Bank struggles with fallout after huge Postbank IT migration
Receive free Deutsche Bank AG updates We’ll send you a myFT Daily Digest email rounding up the latest Deutsche Bank AG news every morning. Deutsche Bank is struggling with the fallout from the most ambitious and fraught IT integration in its history, including customers being locked out of their accounts. The bank said in July …
South Beach ‘brand’ suffering, businesses hurt by Spring Break fallout, Florida business owner says
Miami Beach is “being portrayed completely wrong,” a business owner and resident told Fox News after the city declared a state of emergency. “I moved here 15 years ago, and Miami Beach has become such a such an amazing place to live,” nightclub owner Megan Nazari told Fox News. ” I think we live in …
Indonesia grapples with earthquake, flooding, landslides and fallout from Sriwijaya Air crash
Flooding in South Kalimantan has killed more than a dozen people and displaced tens of thousands. Rescue workers are still looking for several missing and feared buried under the mud 10 days after landslides tore through a village in West Java. And divers continue to search for victims and crucial data in the wreckage of …
Technology-focused SMEs to recover faster from COVID-19 fallout
Employees work on the production line of inductance components at a small company in Chenggu county, Shaanxi province. [Photo/Xinhua] China’s small and medium-sized enterprises with a strong focus on technology and digital capabilities are expected to recover comparatively quickly from the COVID-19 epidemic, and a great majority of them plan to launch new products or …
The Technology 202: Airbnb is reeling from the coronavirus fallout
(Lionel Bonaventure/AFP/Getty Images) Ctrl + N Airbnb was expected to be the hottest tech IPO of the year. Instead, the coronavirus pandemic has upended its business. The Wall Street Journal reported last night that Airbnb’s recent $1 billion funding round came with stringent terms. The company is paying more than 10 percent interest on the …
Trump administration seeks roughly $850 billion stimulus package for coronavirus economic fallout
The White House’s support of this idea, which has won backing from Democrats and some Republicans in Congress, shows how fast talks are evolving. President Trump had initially supported a payroll tax holiday, but said Tuesday that would take too long to deliver relief to Americans. “Payroll tax is one way, but it does come …
WATCH LIVE: Fed Chair Powell speaks about emergency rate cut to curb coronavirus economic fallout – Washington Post
WATCH LIVE: Fed Chair Powell speaks about emergency rate cut to curb coronavirus economic fallout Washington Post Fed cuts rates by 50 basis points amid coronavirus concerns Yahoo Finance Federal Reserve announces first emergency rate cut since the financial crisis CNN What the Coronavirus Demands of the Fed Bloomberg The Fed can’t rate cut the economy out of a …
Greenville, NC, wrestles with fallout of Donald Trump’s rally
GREENVILLE, N.C. – “Welcome to Greenville,” the Rev. Bob Hudak wrote in an open letter to Donald Trump before the president’s visit this month to his North Carolina home. The reverend extolled Greenville as a “growing city with an extraordinarily diverse population of citizens.” He pointed to East Carolina University, where Trump was to hold his campaign rally July 17, …
Erdogan Faces Fallout After His Party’s Loss in Istanbul Mayor’s Race
ISTANBUL — President Recep Tayyip Erdogan of Turkey was confronting recriminations within his governing party and the wider circle of his supporters on Monday as the scale of the defeat of his candidate in the Istanbul mayoral race became clear. The opposition candidate, Ekrem Imamoglu, emerged as the landslide winner of the mayoral election redo …
