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Archive for March 22, 2017

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New York – Wells Fargo Introduces Cardless ATMs Across U.S. In Digital Push

March 22, 2017 at 11:59 PM
New York - Starting on Monday, Wells Fargo & Co depositors can withdraw money using a smartphone at any branded ATM, the latest sign of U.S. lenders moving away from traditional brick-and-mortar banking. Jonathan Velline, Wells Fargo's head of ATM and store strategy, said that the San Francisco-based bank decided to apply the smartphone technology to all of its 13,000 cash machines after...

Washington – Trump Sends Holiday Greetings To Iranians, Does Not Mention Travel Ban

March 22, 2017 at 11:30 PM
Washington - U.S. President Donald Trump, who has sought to ban travelers from Iran and other Muslim-majority nations from entering the United States, issued a holiday greeting on Wednesday to Iranians celebrating the New Year holiday known as Nowruz. Trump, who has also criticized the nuclear deal between Iran and western powers negotiated during President Barack Obama's administration, did...

Washington – Jewish Groups Urge Congress To Preserve Anti-Semitism Monitor

March 22, 2017 at 11:00 PM
Washington - Jewish defense groups urged Congress to preserve the State Department’s anti-Semitism monitor. Representatives of the Anti-Defamation League, the American Jewish Committee, the Simon Wiesenthal Center and the Secure Community Network testified Wednesday before the human rights subcommittee of the U.S. House of Representatives Foreign Affairs Committee. Rep. Chris Smith...

Washington – US Tells Allies To Do More Amid New Offensive Against IS

March 22, 2017 at 10:31 PM
Washington - Declaring the Islamic State group's destruction its top Middle East priority, the Trump administration on Wednesday urged coalition partners to contribute more to forces who are retaking Iraq's second largest city and readying an assault on the extremists' self-declared Syrian capital. There was no apparent announcement of a new overall strategy, however. Addressing top diplomats...

New York – Starbucks CEO Stands By Pledge To Hire Refugees

March 22, 2017 at 10:00 PM
New York - Starbucks CEO Howard Schultz presided over his last annual shareholder meeting as head of the company Wednesday by standing by its pledge to hire refugees and expanding on previously announced goals to hire veterans and at-risk youth. The moves underscored the progressive image Schultz has helped cultivate for Starbucks as he prepares to cede the CEO job next month to Starbucks...

London – Vehicle Attacks Like London Easy To Organize, Hard To Prevent

March 22, 2017 at 09:35 PM
London - Militants are increasingly turning to vehicle-ramming attacks, like the one staged near Britain's parliament on Wednesday, because they are cheap, easy to organize and hard to prevent. Experts say the tactic of mowing people down avoids the need to obtain any explosives or weapons and can be carried out by a "lone-wolf" attacker without using a network of fellow militants - all...

Israel – Centuries-Old Writings Of Jewish Rabbis, Chasidic Greats And More Up For Sale At Jerusalem Auction

March 22, 2017 at 09:00 PM
Jerusalem - An Israeli auction house specializing in rare books, manuscripts and Jewish art will feature seforim and writings of Jewish rabbis and Chasidic greats, some dating as far back as the early 1500s at an auction taking place next week. 422 historic items will be up for sale as live bidding gets underway at 5:30 PM IST on Monday March 27th at Winner’s Auctions and Exhibitions in the...

New York – Plan For $7.5 Billion Kushner Family New York Tower Faces Hurdles

March 22, 2017 at 08:32 PM
New York - The family-owned company that until recently was headed by U.S. President Donald Trump's son-in-law hopes to turn an aging New York office tower into a signature development that could be worth up to $12 billion, a report said on Wednesday. Chinese insurer Anbang Insurance Group is in advanced talks to provide as much as half of $2.5 billion in equity for the planned redevelopment...

Jerusalem – Netanyahu Praises China Upon Completing State Visit There

March 22, 2017 at 08:15 PM
Jerusalem - Israeli Prime Minister Benjamin Netanyahu walked the Great Wall of China at the end of a state visit to China. During the visit, which ended Wednesday, the University of Haifa signed an agreement with the Hangzhou Wahaha Group, a Chinese conglomerate, and the Institute of Automation at the Chinese Academy of Sciences that will establish three joint artificial intelligence...

Albany, NY – De Blasio Urges NY Lawmakers To Increase Taxes On The Rich

March 22, 2017 at 08:01 PM
Albany, NY - New York City Mayor Bill de Blasio is urging state lawmakers to raise taxes on the state's wealthiest residents. The Democratic mayor traveled to Albany Wednesday to call on the Legislature to increase income taxes on millionaires — and authorize his proposal to tax the sale of high-end real estate in the city. De Blasio and several top Democrats in the Legislature say the...

Tel Aviv – Mobileye Deal To Fuel Investment In Late-stage Israeli Start-ups

March 22, 2017 at 07:27 PM
Tel Aviv - Intel's $15.3 billion acquisition of Mobileye has catapulted Israeli hi-tech into the global league, and is likely to stimulate investment in the sector's other late-stage startups, where funds are most needed. Fundraising in late-stage startups - more mature firms that are already selling products rather than just the bright but unexploited ideas of entrepreneurs - has begun to...

Washington – One In Three U.S. Muslims Fear For Safety In Trump Presidency: Poll

March 22, 2017 at 07:00 PM
Washington - More than one in three U.S. Muslims fear they could be targeted by white supremacist groups following President Donald Trump's election and 42 percent say their children have been bullied in school because of their faith, a survey found. That fear contributes to a lower-than-average rate of voting by adult Muslim citizens, according to a study released on Monday by the Institute...

London – Death Toll In London Attack Rises To Five: Police

March 22, 2017 at 06:47 PM
London - The number or people who died in an attack close to Britain's parliament on Wednesday has risen to five after the death of a third member of the public, police said. Previously, the death toll had stood as four, including the attacker and a police officer. Britain's top counter-terrorism police officer Mark Rowley told reporters that police believed the attacker was inspired by...

Washington – SEC Shortens Settlement Cycle For Securities Trades

March 22, 2017 at 06:29 PM
Washington - U.S. securities regulators moved on Wednesday to modernize regulations that require stock and bond trades to settle within three business days, a step the industry has urged the government to take for years. The Securities and Exchange Commission voted unanimously to shorten that timeframe to two business days, a change that aims to reduce credit and market risk, including the...

Washington – U.S. Existing Home Sales Fall From 10-year High

March 22, 2017 at 06:07 PM
Washington - U.S. home resales fell more than expected in February amid a persistent shortage of houses on the market that is pushing up prices and sidelining potential buyers. The National Association of Realtors said on Wednesday existing home sales declined 3.7 percent to a seasonally adjusted annual rate of 5.48 million units last month. January's sales pace was unrevised at 5.69...

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