| | | Race car driver Tucker gets more than 16 years for lending scheme | | | NEW YORK (Reuters) - A Kansas businessman and race car driver was sentenced to 16 years and 8 months in prison on Friday for crimes related to his online payday lending business, which prosecutors said made more $3.5 billion as it exploited millions of cash-strapped consumers. |
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| | | Verizon removes Bloomberg TV, refusing to pay carriage fees | | | (Reuters) - Verizon Communications Inc has pulled Bloomberg L.P.'s news network, Bloomberg TV, from 4.6 million of its pay-TV customers after the financial news provider asked the carrier to pay it for its content for the first time ever. |
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| | | Intel downplays fears security patch will slow computers | | | (Reuters) - Intel Corp downplayed concerns that software updates to address security vulnerabilities in its computer chips will degrade performance of computers as businesses and consumers scrambled to figure out whether installing the patches would slow their machines. |
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| | | Neiman Marcus names Ralph Lauren executive as CEO | | | (Reuters) - Neiman Marcus Group Ltd [NMRCUS.UL] on Friday named Geoffroy van Raemdonck, an executive at upscale clothing manufacturer Ralph Lauren Corp , to succeed Karen Katz as chief executive officer of the debt-burdened luxury retailer next month. |
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