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Business Insider

 •  October 19

PayPal executive Kathleen Pierce-Gilmore left the company in October to join Raise, a gift card marketplace startup, as chief operating officer and president. Pierce-Gilmore, who grew up poor, thinks Raise can disrupt the credit industry in ways that PayPal and traditional finance companies can't. The COO and president was one of three executives...

Business Insider

 •  October 19

Beginning January 22, 2018, some US residents may need to carry a passport to fly domestically. The move is part of the Real ID Act, which requires states to issue driver's licenses that comply with federal standards. Some US residents may need to bring a passport with them to fly domestically in 2018. The Transportation Security Admission will...

Business Insider

 •  October 15

Getty/George Frey The hot item this holiday season? Millennial dads. According to a new report released by PricewaterhouseCoopers, based on a survey of spending habits going into the holidays, millennial dads have everything that retailers are looking for in a consumer. Millennial dads, which PwC has defined as males, aged 22-35, with at least one...

Business Insider

 •  October 13

The Insider Picks team writes about stuff we think you'll like. Business Insider has affiliate partnerships, so we get a share of the revenue from your purchase. Belroy/Business Insider The Insider Pick: When you travel, you need a practical wallet that can hold your passport, boarding pass, and all your credit cards and cash. The Bellroy Travel...

Business Insider

 •  October 12

In a 1999 interview, Professor Milton Friedman, an American economist who received the 1976 Nobel Memorial Prize in Economic Sciences for his research on consumption analysis, monetary history and theory, and the complexity of stabilization policy. He had this to say: "I think the internet is going to be one of the major forces for reducing the...

Business Insider

 •  October 11

(Adds details of breach) By John McCrank Oct 10 (Reuters) - Credit reporting agency Equifax Inc said on Tuesday that 15.2 million client records in Britain were compromised in the massive cyber attack it disclosed last month, including sensitive information affecting nearly 700,000 consumers. The U.S.-based company said 14.5 million of the records...

Business Insider

 •  October 11

(Adds comment from Navient) By Pete Schroeder WASHINGTON, Oct 10 (Reuters) - The AFL-CIO, a federation of labor unions, on Tuesday called on the U.S. Securities and Exchange Commission to investigate a few large trades in the stock of student loan servicer Navient Corp that occurred just before a government announcement favorable to the company was...

Business Insider

 •  October 10

Reuters / Brendan McDermid (Reuters) - Credit reporting agency Equifax Inc said on Tuesday that 15.2 million client records in Britain were compromised in the massive cyber attack it disclosed last month, including sensitive information affecting nearly 700,000 consumers. The U.S.-based company said 14.5 million of the records breached,...

Business Insider

 •  October 6

(Adds legislative and lawsuit threats, banking effects) By Lisa Lambert and Pete Schroeder WASHINGTON, Oct 5 (Reuters) - Revenues for the $6 billion payday loan industry will shrivel under a new U.S. rule restricting lenders' ability to profit from high-interest, short-term loans, and much of the business could move to small banks, according to the...

Business Insider

 •  October 5

(Adds shares, background on Whole Foods, Equifax data breaches) Oct 4 (Reuters) - U.S. fast-food chain operator Sonic Corp said on Wednesday a malware attack at some of its drive-in outlets may have allowed hackers to access customers' debit and credit card information, the latest in a string of data breaches. Sonic's shares fell 2 percent to...