customers

Southwest Airlines sued for not immediately refunding stranded customers

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A passenger is suing embattled Southwest Airlines over the airline’s alleged failure to reimburse him and hordes of other customers for canceled flights. The airline’s contract of carriage mandates refunds for canceled fights, plus reimbursement for incurred costs like hotels, meals and rental cars, Louisiana-based passenger Eric Capdeville alleged in the proposed class-action lawsuit.  “Southwest’s … Read more

Sam Bankman-Fried pleads not guilty to charges he defrauded FTX customers

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Sam Bankman-Fried under house arrest FTX founder Sam Bankman-Fried under house arrest after release on $250 million bail 05:23 Sam Bankman-Fried, the founder of bankrupt cryptocurrency exchange FTX, on Tuesday pleaded not guilty to charges that he defrauded customers out of millions of dollars worth of digital assets. Appearing in New York before U.S. District … Read more

Tesla Revamps China Marketing Strategy as Rivals Lure Customers

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Breadcrumb Trail Links PMN Business Tesla Inc. is changing its marketing approach in China as fierce competition from domestic rivals and uneven demand puts its growth plans in the world’s biggest electric-car market at risk. Author of the article: Bloomberg News Bloomberg News Publishing date: Nov 22, 2022  •  8 minutes ago  •  4 minute read … Read more

Man shoots himself in front of customers at Lawrenceburg restaurant, police say

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LAWRENCEBURG, Tenn. (WSMV) – Several bystanders, including off-duty officers at a restaurant in Lawrenceburg, stepped in after a man attempted to take his own life in front of over 100 people. On Saturday, Nov. 19, the Lawrenceburg Police Department was called to Hinie’s BBQ on North Locust Avenue. According to Hinie’s BBQ, the man came … Read more

Nu Holdings sees ‘sustained increase’ in customers; shares jump

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Shares of Nu Holdings Ltd. NU, -2.03% jumped 14.7% after hours on Monday after the Brazil-based digital banking platform reported a surprise third-quarter profit and revenue that beat expectations, helped by a boost in active customers. The company reported net income of $7.8 million, compared with a net loss of $34.4 million in the same … Read more

Customers of bankrupt FTX may never get their crypto back, experts say

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Customers of bankrupt cryptocurrency exchange FTX Trading could have to wait years to get their money back, while many may never recover the funds, experts said. FTX’s creditors will be first in line to receive whatever assets a bankruptcy judge deems appropriate to distribute as the company seeks to restructure as part of its Chapter … Read more

Payments company Curve bids for BlockFi’s 87,000 credit card customers

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Payments company Curve is in active discussions to acquire crypto lender BlockFi’s more than 87,000 credit card customers — whose credit cards have been suspended since Nov. 11.  A Curve spokesperson told Cointelegraph that “outreach and negotiations” started on Nov. 12 and are still in the process with Banking as a Service (BaaS) company Deserve, … Read more

Desperate FTX customers may have exploited NFT-linked loophole to recover funds before bankruptcy filing

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FTX’s bankruptcy means some customers will have to wait months, or even years, to regain their deposits, assuming they can at all. A daring few apparently didn’t want to take that chance. According to crypto Twitter personality @0xfoobar, several FTX users found a way to get some of their funds back by exploiting FTX’s compliance … Read more

FTX customers attempt roundabout ways to withdraw their funds in Bahamas

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As the FTX crisis continues its outpour, users of the platform try various ways to bypass the official process of withdrawing their funds from the collapsing exchange.  On Nov. 10, the exchange announced that it will begin withdrawals of funds based in the Bahamas. According to the exchange, the move aims to have its comply … Read more

Disney says it has more streaming customers than Netflix

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The Walt Disney Co. said its three main streaming services — Disney+, ESPN+ and Hulu — have grown their subscriber numbers to more than 235 million as of October 1, or above Netflix’s 223 million subscribers.  Disney, which on Tuesday reported its latest quarterly results, said Disney+ added 12.1 million customers in the most recent … Read more