These are the top 15 US banks ranked by the mobile banking features consumers value most
- Business Insider Intelligence The Mobile Banking Competitive Edge Report uses data to inform channel investment decisions by highlighting which mobile banking features are most valuable to customers.
- Using that consumer data, the study benchmarks the largest 20 banks and credit unions in the US by whether they offer the cutting-edge mobile features that customers say they care about most.
- Business Insider Intelligence fielded the Mobile Banking Competitive Edge Study to members of its proprietary panel in August 2018, reaching over 1,200 US consumers — primarily handpicked digital professionals and early-adopters, making our sample a sensitive indicator of emerging features.
- Business Insider Intelligence's Mobile Banking Competitive Edge study includes: Ally, Bank of America, BB&T;, BBVA Compass, BMO Harris, Capital One, Chase, Citibank, Fifth Third, HSBC, KeyBank, Navy Federal Credit Union, PNC, Regions, SunTrust, TD, Union Bank, US Bank, USAA, and Wells Fargo.
Pelosi says she will meet with Trump next week about infrastructure
- Washington (CNN) - House Speaker Nancy Pelosi said Tuesday she will meet with President Donald Trump next week to talk about possible infrastructure legislation, following days of members of her own party urging her and other House leaders to pursue impeachment.
- Mueller's investigation into possible obstruction of justice could not clear Trump, according to a redacted version of Mueller's report released earlier this month.
- Mueller wrote he accepted the Justice Department opinion that a sitting President cannot be indicted, but he rejected the argument made by Trump's legal team that a President cannot commit obstruction of justice, leaving the door open for Congress to continue to investigate Trump.
- The Mueller report showed "the President of the United States engaged in behaviors that was unethical, unscrupulous, and beneath the dignity of the office that he holds," Pelosi said Tuesday.
16 signs we're in the middle of a 6th mass extinction
- According to the study authors, amphibian deaths associated with the chytrid fungus represent the greatest recorded loss of biodiversity attributable to a disease, and highly virulent wildlife diseases are contributing to Earth's sixth mass extinction.
- The scientists behind that study, which was published in 2018, concluded that after that loss, our planet will need between 3 million and 5 million years in a best-case scenario to get back to the level of biodiversity we have on Earth today.
- A study published in the journal Nature Ecology and Evolution reveals that it took around 10 million years for Earth's biodiversity to rebound from the mass extinction that wiped out the dinosaurs.
- Sea-level rise because of climate change threatens 233 federally protected animal and plant species in 23 coastal states across the US, according to a report from the Center for Biological Diversity.
NYT: Signet Jewelers accused of fostering culture of gender pay inequality, harassment
- New York (CNN Business) - One of America's largest jewelry store chains is under scrutiny over allegations it paid male workers more than their female counterparts and allowed a workplace culture that enabled sexual harassment and abuse of power.
- The author, Taffy Brodesser-Akner, interviewed employees about the company's culture from the1980s to the mid 2000s and examined a "pay-and-promotions" class-action lawsuit against Signet that at one point included 70,000 women.
- Dawn Souto-Coons had worked for the company for nearly 14 years when in 2005 she first hired an attorney and filed a report alleging sex discrimination in her Jared store in Florida.
- The culture of sexism and gender pay inequity was prevalent throughout Signet and wasn't limited to one store, the New York Times report says.
2020 Democrats split with House leaders over whether to impeach Trump after Mueller report
- The redacted version of special counsel Robert Mueller's Russia report has finally arrived, and with it a renewed focus on whether Democrats will try to impeach President Donald Trump.
- In recent days, a growing number of Democratic presidential candidates have come out in favor of moving toward impeachment, andat least one of them has explicitly called for the House to launch proceedings against Trump.
- The Mueller report provides yet another reason for Democrats to try to impeach Trump, Steyer said in a statement to CNBC.
- Former Colorado Gov. John Hickenlooper, another presidential candidate, said Tuesday in an NPR interview that Democrats should only make their decision on impeachment after viewing the full, unredacted Mueller report — and after Mueller himself testifies before Congress.
Twitter shuts down 5,000 pro-Trump bots retweeting anti-Mueller report invective
- Twitter has suspended over 5,000 accounts tied to a network amplifying a message denouncing the report by Special Counsel Robert Mueller as a "RussiaGate hoax." According to a researcher, the accounts—most of which had only posted three or four times in the past—were connected to other accounts previously used to post pro-Saudi messages.
- Last October, a group of accounts propagated messages praising Saudi leadership and used a hashtag that translates from Arabic as "We all trust Mohammad Bin Salman." The accounts also denounced reports tying Saudi Crown Prince Mohammad Bin Salman to the killing of Washington Post journalist Jamal Khashoggi as "false statements" by those "waging a war against the Kingdom." And according to a New York Times report last October, the Saudis had a spy working inside Twitter to help track dissent on the platform—and had an army of over 100 people working as a "troll farm" to go after dissidents like Khashoggi online.
Exchanges made nearly $30 billion in 2018, but a new report suggests their business could be at risk if they don't innovate in 3 ways
- Exchanges had another banner year in 2018, with global revenue rising to just shy of $30 billion, according to a recent report by consultancy Opimas.
- However, for trading venues to continue to enjoy such large profits, changes need to be made, the report suggests.
- One area where Opimas suggests exchanges should look to is alternative data.
- Some exchanges have even seen a decline in the revenue generated from their traditional market data, according to the report.
- CME Group, LSE and Deutsche Borse, all saw a drop in revenue from traditional market data in 2018 compared to the previous year, with Intercontinental Exchange, which owns NYSE, only seeing a small increase.
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Leaders warned Navy SEALs that reporting alleged war crimes could cost them their careers
- Chief Special Warfare Operator Edward "Eddie" Gallagher has been accused of killing an unarmed ISIS fighter with a hunting knife and firing on civilians with a sniper rifle while deployed in Iraq, as well as obstructing justice by attempting to intimidate his fellow SEALs. He allegedly threatened to kill teammates that spoke to authorities about his alleged actions.
- When his teammates, members of SEAL Team 7's Alpha Platoon, met privately with their troop commander at Naval Base Coronado in March 2018 to discuss Gallagher's alleged crimes, they were encouraged to keep quiet.
- His aide, Master Chief Petty Officer Brian Alazzawi, told them that the "frag radius" or the area of impact for an investigation into alleged war crimes could be particularly large and damaging to a number of SEALs, The New York Times reported.
- Gallagher's defense attorney Tim Parlatore told The New York Times that the Navy's investigation report is incomplete, arguing that there are hundreds of additional pages that are sealed.
Jack Dorsey met with President Trump in private today
- Twitter CEO Jack Dorsey met with President Donald Trump on Tuesday, according to a new report from Motherboard.
- The meeting was prompted by the White House in emails first obtained by Motherboard and reported earlier today.
- For months, Twitter and other social media platforms like Facebook have faced intense scrutiny from Republicans who believe that they are being silenced online.
- Late last month, Sen. Ted Cruz (R-TX) chaired a Senate Judiciary subcommittee hearing on “tech censorship” and hammered officials from Twitter and Facebook over alleged bias.
- Only two Democrats showed for the hearing, and Republicans spent most of their time questioning the platform officials over individual situations where they believed their speech was silenced or they were “shadowbanned,” which is when a platform decides not to make public any posts from a user without informing them of the restriction.
- A reporter for the Daily Caller asked Trump how he felt about this perceived conservative bias online.
eBay beats with revenues of $2.6B and EPS of $0.67 as restructuring takes shape
- As eBay continues to work through a restructuring strategy, the e-commerce marketplace and online auction pioneer reported earnings for the first quarter of the year that should keep some of the more activist shareholders a little at bay.
- The company reported revenues of $2.6 billion and non-GAAP net income of $608 million, or diluted earnings per share of $0.67 ($0.57 EPS on a GAAP basis).
- It expects in Q2 to post revenues of between $2.64 billion and $2.69 billion, growth of just two percent to four percent, with non-GAAP earnings per diluted share from continuing operations in the range of $0.61 – $0.63.
- A few weeks ago, we reported on how it was shutting down one of its advertising efforts, the eBay Commerce Network, in support of that strategy.