Tag Archives: Note

Macy’s Plans Store Closings, Small Businesses Should Take Note

Macy’s just announced the popular retail chains plans to shutter 11 stores across the country in the coming weeks, with another 19 set to close as their leases expire. This is just the latest in a long line of retail chains that have closed retail locations and had to make significant changes to stay profitable in the age of ecommerce. And plenty ... Read More »

New £5 note: Bank to keep note despite animal fat content

The new £5 note will not be withdrawn, despite concerns that it contains traces of animal fat, the Bank of England says. The Bank said it had concluded it would be “appropriate” to keep the £5 polymer note in circulation. It will also issue the £10 polymer note as planned in September, it added. Vegans and some religious groups had ... Read More »

Venezuela postpones bank note ban after chaos and cash shortages

Sudden pulling of 100-bolivar note from circulation leads to vast lines at banks, looting, protests and at least one death Venezuelan president Nicolas Maduro on Saturday suspended the elimination of the country’s largest denomination bill, which had sparked cash shortages and nationwide unrest, saying the measure would be postponed until early January. The surprise pulling of the 100-bolivar note from ... Read More »

Samsung Vietnam says no cuts in jobs this year despite Note 7 woes

Samsung Vietnam will maintain its current staff numbers, the firm said on Wednesday, despite the parent company scrapping its flagship Galaxy Note 7 phone following a series of battery fires. Samsung Electronics, which employs around 110,000 people in Vietnam, finally pulled the plug on the new Note 7 phone on Tuesday, less than two months after its launch, dealing a ... Read More »

Samsung delays restarting sales of its Galaxy Note 7 in S Korea

Samsung has said it will delay restarting the sale of its Galaxy Note 7 phone in South Korea, as the firm needs more time for the global recall of the device. The South Korean tech giant was forced to recall some 2.5 million devicesglobally due to overheating batteries. Dozens of devices were reported to have caught fire. The phone was ... Read More »

US regulators order recall of 1m Samsung Note 7 phones

US safety regulators have announced a formal recall of the Samsung Galaxy Note 7 after reports of fires caused by faulty batteries. The South Korean tech giant had already launched a voluntary recall after user complaints about ‘exploding’ phones. According to Samsung, the problem affects 2.5 million devices globally, including 1 million in the US. The recall comes at a ... Read More »

Samsung Electronics asks South Korea customers to stop using Galaxy Note 7

Tech giant Samsung Electronics Co Ltd (005930.KS) said on Saturday it recommends South Korean customers to stop using the Galaxy Note 7 phones, which the company is recalling due to faulty batteries prone to catching fie. Samsung, in a statement posted online, said it will offer rental phones to customers who turn in their Galaxy Note 7 and reiterated that ... Read More »