With energy prices rising as winter approaches, some customers are starting to shop around for new natural gas providers who may have cheaper rates than utility companies. While energy providers sometimes offer more competitive rates, utility experts say customers should do their homework before switching and make sure they know exactly what contract terms they’re …
Today, as Amazon dealt with a site-wide outage affecting thousands of customers, District of Columbia Attorney General Karl Racine filed a lawsuit against the online shopping giant for misled his customers. In a press release, Racine said Amazon still has to pay for tricking DC consumers into “stealing” portions of their Amazon Flex delivery driver …
Amazon sued by DC attorney general for deceiving customers who tipped drivers Read More »
New York CNN Business — Self-service payment arrived in the late 1980s in supermarkets. A decade later, it began to spread to large chains and pharmacies. Today, self-checkouts, loved by some and hated by others, have made their way into discount clothing stores and department stores. Kohl’s (KSS) is testing self-service payment terminals in a …
Amazon Web Services has been its parent company’s biggest growth engine for most of the past decade, taking business with some of the world’s largest technology vendors. But as companies face the most discouraging economic environment since the 2008 financial crisis, those massive checks they send to AWS for their technology infrastructure are coming under …
Amazon’s cloud unit faces cost-sensitive customers as economic fears rise Read More »
Alan Knitowski has an MBA, has worked in technology and finance for over 25 years, and is CEO of a Nasdaq-listed mobile software company. That didn’t stop him from getting duped by a crypto firm. Knitowski borrowed $375,000 from crypto lender Celsius over several years and posted $1.5 million in bitcoins as a guarantee. He …
Five highlights from a new Energy Institute working paper. Consumer choice is generally a good thing. For much of the consumption that happens in my house – coffee, lego, bike parts – we understand our preferences, and our choices aren’t terribly complicated. This makes it easier to make good decisions. The other consumption categories are …
Why do low-income customers pay higher prices in premium retail markets? Read More »
The Crypto.com logo is seen on a booth during the Bitcoin 2022 conference in Miami Beach, Florida on April 6, 2022. Mark Bello | Reuters As the crypto universe considers the fallout from FTX’s rapid collapse last week and tries to determine where the contagion might be heading next, questions have swirled around Crypto.com, a …
Crypto.com Customers Fear He Will Follow FTX As CEO Tries To Reassure Them All Is Fine Read More »
New York CNN Business — As the dust settles from one of the most shocking financial implosions in history, one of the key unknowns is how much customers who can’t access their money expect to get back from FTX, the crypto exchange which filed for bankruptcy last week. The answer, according to legal experts, could …
Customers Who Trusted Crypto Giant FTX Could Be Left With Nothing | CNN Business Read More »
