By Don Dion: Synchrony Financial (Pending:SYF), a consumer financial services firm spun off from General Electric (NYSE:GE), plans to raise $3.06 billion in its upcoming IPO. The Stamford, Connecticut-based firm will offer 125.0 million shares at an expected price range of $23-$26 per share. Show More Summary
After attempting to launch its "ride share" service two weeks ago without commercially licensed drivers, Lyft has trimmed its mustache and complied with the TLC and Attorney General demands. The company, which has proven successful in cities nationwide, will debut tonight at 7 p.m. in all five boroughs. Here's Lyft's announcement: [ more › ]
Nearly two weeks after New York's Attorney General, Eric T. Schneiderman, made a push to bar Lyft from offering its ridesharing service in New York City, both parties have finally come to an agreement. As a result, Lyft is now free to operate in all...
Two weeks ago, car-sharing service Lyft was supposed to launch in New York City, allowing car-owners to receive cash for driving strangers around. The state’s attorney general stopped the launch, saying that the company is a livery service in disguise and should be regulated as one. Today, the AG’s office announced that they’ve come to an agreement with Lyft, which … [More]
One of the jobs of the USDA's Food Safety and Inspection Service is to protect consumers by ensuring that food labels are accurate and not misleading. So it generally requires that when a product is described with a place name, e.g., Virginia Ham, it should actually come from that place. Show More Summary
Baltimore Ravens general manager Ozzie Newsome released statement on the NFL's two-game suspension of Ray Rice. The Baltimore Ravens will open the 2014 season without the services of running back Ray Rice, who has been suspended two games by the NFL for conduct detrimental to the league stemming back to his February arrest. Show More Summary
Originally published in the ECOreport. For the past 15 years, Bruce Ledesma has been working with either solar or financial services. As Executive Vice President and General Counsel of SunPower Corporation, he oversaw that company’s growth from $250 million to $2.5 billion in annual revenues. Show More Summary
WASHINGTON—The inspector general for the Internal Revenue Service is reviewing some agency computer backup tapes to find out whether missing emails are still recoverable, Commissioner John Koskinen said at a congressional hearing Wednesday. Mr. Show More Summary
The IRS has effectively halted its investigation of Lois Lerner’s missing e-mails to avoid interfering with an inspector general’s investigation, Internal Revenue Service Commissioner John Koskinen told lawmakers Wednesday on Capitol Hill. Show More Summary
General Dynamics Information Technology, a business unit of General Dynamics, has implemented a NextGen-911 emergency service solution for Morgan County, Ohio.
We expect strong growth in electronics and general merchandise segment to continue, whereas the media segment will remain relatively slow. Additionally, web services will post stellar growth driven by new product launches and continued adoption of existing products among clients.
France has a booming tech scene and an intelligent population that generally enjoys digital products and services. But that doesn’t mean expanding your company into the French market is easy. For example, there’s that time French officials discussed tacking on a “culture tax” for anything sold by Google or Apple within the country. Then there’s […]
Netflix has stopped sending DVD mailers on Saturdays, puts zero dollars into advertising the DVD service, and generally gives its old mainstay the cold shoulder. Could this be a sign its demise is near?
On July 11, ProPublica posted an exclusive report on the Defense Department inspector general’s “stinging rebuke of the Pentagon’s struggling effort to recover the remains of missing service members from past wars.” Five days later, the “CBS Evening News with Scott Pelley” put out a press release touting its “first look at a Pentagon investigation … Read More
Sky's got a plethora of mobile apps to keep you entertained on the go, but has until now neglected customers who find admin just as fun. Much like mobile carriers have apps for general account management, the new Sky Service app for Android and iOS...
Deputy Attorney General James Cole on Thursday testified before a House oversight panel about how the FBI ended up with a database from the Internal Revenue Service containing private taxpayer information for about 12,000 nonprofit advocacy groups. Show More Summary
Now watch THIS drive Last week, the General Services Administration canceled a White House bowling alley renovation project, a project that probably actually had some merit, but was nonetheless an obvious political lightning rod even though the bowling alley isn't actually located in the White House itself. Show More Summary
There were rumors yesterday of a few ridiculous and extreme attempts by some in Congress to attach some anti-net neutrality amendments to the big Financial Services and General Government Appropriations Act. And while the most ridiculous proposal failed to appear, instead, it does appear that Rep. Show More Summary
In a letter to the Post, Beatriz “B.B.” Otero, deputy mayor for health and human services, responds to the revelations contained in the Post’s recent investigation of conditions at the D.C. General family shelter. Otero’s missive is in part defensive — “Reforming the system is the only thing that can help families achieve self-sufficiency and lift themselves out of […]
The Illinois General Assembly recently approved legislation that would make it difficult for ridesharing services like Uber to operate in the state.