DIRS.INFO The most relevant business & tech news

LONDON — It was often said that Queen Elizabeth II was the most photographed person in history, a face instantly recognizable to billions of people across her former empire and beyond. That’s exactly what’s happened with a bronze statue of the late monarch unveiled last week in Northern Ireland. The local government, Antrim and Newtownabbey Borough Council, claims it shows the queen in “a dignified pose, reflecting her grace, steadfastness and lifelong dedication to public service.”The statue has drawn unfavorable comparisons. via Antrim and Newtownabbey Borough CouncilThe scathing reviews beg to differ. “Looks more like Mrs. Doubtfire than our late queen ffs,” said one commenter, Mark Fee, on Facebook, referring to the character played by Robin Williams in the 1993 movie.

Persons: Queen Elizabeth II, steadfastness, ”, Mark Fee, Robin Williams, Craig Paddy Hogg, Richard Morris, “, hadn’t, Prince Philip Organizations: Facebook, NBC News, corgi Locations: Northern Ireland, Antrim, Newtownabbey, Newtownabbey Borough, British, Jan

How to request an overdraft refundAs soon as you see an overdraft fee on your account, check your bank's website for instructions on requesting an overdraft fee waiver or refund. With U.S. Bank's Overdraft Fee Forgiven program, you can waive overdraft fees for balances overdrawn more than $50 if you make a qualifying deposit before 11 p.m. What to do if you can't get your overdraft fees coveredUnfortunately, you might not always be able to avoid an overdraft fee. Enrolling in overdraft protection services can help you avoid overdraft fees in the future. Review your bank's overdraft protection options and choose the one that's best suited to your spending habits.

Persons: Banks, Overdraft, Chase, you've Organizations: Chase, Bank of America, Bank of America : Bank of America, Chase Bank, Wells, Wells Fargo Bank, Citibank, Citibank doesn't, . Bank, U.S, Truist, Truist Bank, PNC Bank, PNC, TD Bank, Fifth Third Bank, Fifth, Citizens Bank, Regions Bank, Consumer Financial Protection Bureau Locations: Wells Fargo, Wells, Chevron

☆ They built a waterfront home in the Bahamas. Then it was destroyed by a hurricane
▼ + stars: | 2024-02-18 | by ( Tamara Hardingham-Gill | ) edition.cnn.com time to read: +14 min

Handshake agreementThe Slezyckis love watching the sunrise from their waterfront home in the Bahamas. ”But we do it once a year.”Storm damageSadly their home was destroyed when Hurricane Dorian hit in 2019. Nobody was [left] unscathed.”Unfortunately, the Slezyckis weren’t able to return to Great Guana Cay for a while as the nearest airports had also been damaged by the storm. “No crowds, no traffic, no road rage, little to no crime.”Although the hurricane devastated Great Guana Cay, the island has since recovered, and “in some ways is better than ever,” says Norvell. We’re really spread out over here.”In 2020, she launched a TikTok account, SouthPauseIslandGirl, on the suggestion of her niece, and eventually began posting about Great Guana Cay.

Persons: CNN — They’d, Mark Slezycki, “, ” Norvell, they’d, ‘, ”, Mark, Norvell, ’ ”, you’re, Mark “, Hurricane Dorian, Norvell Slezycki, Dorian, “ We’ve, they’ve, Kim Kardashian, Tom Brady, “ It’s, It’s, We’re, she’s, it’s, “ There’s, “ You’ve, you’ve Organizations: CNN, CNN Travel, ”, Fort, Fort Lauderdale Executive, Ocean, Ocean Club, US State Department Locations: Bahamas, Norvell, New York City, Nassau, Florida, Guana, Abaco, Lighthouse Point , Florida, Pompano Beach, Fort Lauderdale, Treasure Cay, “, ”, Marsh Harbour, Great, New Providence, Freeport

☆ Biden administration plans to slash overdraft fees at big banks: 'I call it exploitation,' president says
▼ + stars: | 2024-01-19 | by ( Ryan Ermey | ) www.cnbc.com time to read: +2 min

The Consumer Financial Protection Bureau on Wednesday proposed a set of new rules that would slash the fees banks charge customers for withdrawing more than the available funds in their account. Americans have paid an estimated $280 billion in overdraft fees since 2000, according to data from the consumer watchdog agency. "For too long, some banks have charged exorbitant overdraft fees — sometimes $30 or more — that often hit the most vulnerable Americans the hardest, all while banks pad their bottom lines," President Joe Biden said in a statement. Overdraft fees affect some 23 million households in a given year, and the proposed cutbacks would save Americans about $3.5 billion annually, the CFPB says. Much of that money would theoretically return to the pockets of lower income bank customers: Consumer Reports says 8% of bank customers generate nearly 75% of banks' revenue from such fees.

Persons: Joe Biden Organizations: Consumer Financial, Biden, Consumer

☆ Consumer Bureau Proposes Overdraft Fee Limits for Large Banks
▼ + stars: | 2024-01-17 | by ( Stacy Cowley | More About Stacy Cowley | ) www.nytimes.com time to read: 1 min

The Consumer Financial Protection Bureau on Wednesday proposed a rule that would sharply limit overdraft charges at America’s largest banks and credit unions, a change that the agency estimated could save households up to $3.5 billion a year in fees. The proposal, which must go through a comment period and would not take effect until at least late 2025, aims to end the $35 overdraft fee that has become the standard at many banks. The bureau’s rule would give banks a few options for setting a lower fee. They could charge a break-even fee — based on the individual bank’s own costs — or a benchmark fee determined by the bureau. Alternatively, the banks could treat overdrafts as a line of credit and provide the disclosures required by the Truth in Lending Act, including interest rates.

Organizations: Consumer Financial Locations: America’s

According to research conducted by Bankrate last August, the average overdraft fee was $26.61. The CFPB has signaled for months that it planned to curtail the collection of overdraft fees, with regulators making statements and the bureau putting out research that shows overdraft fees overwhelmingly impact the poor and households of color, who often overdraft multiple times a year. The rules spare small banks and credit unions, some of which rely disproportionately on overdraft fees. Overdraft fees have been a financial bonanza for the banking industry, with the CFPB estimating that banks collected $280 billion in overdraft fees in the last 20 years. While overdraft fees have fallen in recent years, a Bankrate survey found that 91% of bank accounts still can charge overdraft fees.

Persons: Biden, Banks, Overdraft, Joe Biden, Bankrate, ”, Rohit Chopra, rebuff, Charles Schwab Organizations: White, Consumer Financial Protection Bureau, Truist, Bank of America, Associated Press, Charles, Charles Schwab Foundation, Inc, AP

☆ The Biden administration wants to save Americans $3.5 billion a year by making sure banks aren't profiting too much off of overdraft fees
▼ + stars: | 2024-01-17 | by ( Juliana Kaplan | Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

Trying to buy something without enough money in your checking account can lead to a hefty surprise overdraft fee . If the Biden administration gets its way, those fees, which produce major profits for banks, could soon shrink substantially. Consumers are hit with overdraft fees when they withdraw more money from their accounts than what they have in it. Overdraft fees often come as a surprise for consumers, and many may have had credit available to cover a purchase without going into the red on their checking accounts. "These overdraft loans will simply have to play by the rules."

Persons: Biden, Rohit Chopra, Chopra, Louis Organizations: Service, Consumer Financial, Bureau, Federal Reserve Bank of St, Federal Trade Commission

☆ Paris Diamond League: Two world records broken at an astonishing track and field meet
▼ + stars: | 2023-06-11 | by ( Aimee Lewis | ) edition.cnn.com time to read: +2 min

A week after breaking the women’s 1,500m world record, Kenya’s Faith Kipyegon put her name in the record books again, this time setting a world record in the women’s 5,000m at the Diamond League meet at Stade Charlety. “I didn’t think about the world record, I don’t know how I made it,” Kipyegon, who fell onto the track after the race, exhausted and emotional, said, per World Athletics. When I saw that it was a world record, I was so surprised – I just wanted to improve on my PB, the world record was not my plan. “The world record is not a surprise. World and Olympic champion Ingebrigtsen set a world best 7:54.10, telling reporters afterwards: “Being able to break this mark feels amazing.”“It is my first world best outdoors.

Persons: Kipyegon, Letesenbet Gidey, “, ” Kipyegon, –, Gidey, ”, Ethiopia’s, Qatar’s Saif Saaeed Shaheen, Ethiopia's, Girma, Jeff Pachoud, Norway’s Jakob Ingebrigtsen, Ingebrigtsen Organizations: CNN, Diamond League, Stade Charlety, Athletics, ” Records, Getty Locations: Paris, AFP

[1/2] Zsolt Hernadi, Executive Chairman of Hungarian oil and gas group MOL poses during an interview with Reuters in Budapest, Hungary, April 27, 2023. Hernadi said MOL was fighting to prevent a hike in oil transit fees in Ukraine and also in Croatia. The BTC pipeline transports crude oil from offshore oil fields in the Caspian Sea to the Turkish coast. He said MOL would pay Ukraine's pipeline operator Ukrtransnafta directly for the transit of Russian oil but there was still a dispute over a Ukrainian hike in fees. "There are still disputes, discussions ongoing about the transit fee, as a multi-fold increase has been flagged (by Ukraine)."

☆ Captain Marvel actor Robert Kazinsky pushed back against Twitter's new blue check mark fee by tweeting that 'verification is a public service'
▼ + stars: | 2022-11-03 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +3 min

Kazinsky posted a Twitter thread Wednesday pushing back against Musk's proposed changes to verification. The actor shared personal experiences and argued that verification is a "public service." Right now, around 400,000 Twitter users claim a blue check mark, according to Forbes. Not everyone agrees however, that an amped-up version of Twitter Blue is the right way to combat fake or spam accounts. He added, "Verification is a public service, it is a good deed performed by companies who contribute very little good to the world in my opinion.

Search resuls for: "Mark Fee"

10 mentions found