Walmart sues Synchrony, seeks $800+ million

Identity Fraud

Walmart sues #Synchrony, seeks $800+ million in damages, according to reports in the #WSJ.  A #Walmart spokesman said, “We fully expect Synchrony to manufacture counterclaims in an effort to shift the focus away from its own conduct.”

Loan losses on Walmart cards increased after Synchrony converted some consumers who had Walmart store-only credit cards into Walmart co-branded cards.  Synchrony was the exclusive credit card issuer for close to twenty years until Walmart replaced it with #CapitalOne Financial this past summer.

#payments

https://www.wsj.com/articles/walmart-files-lawsuit-against-credit-card-issuer-synchrony-financial-1541113289

‘My Eyes Are Now Wide Open’: Kanye West Says He Was ‘Used’ and Vows He’s Done With Politics — TIME

Two weeks after a controversial meeting at the White House with President Trump, rapper Kanye West said that he is done with politics. In a series of tweets posted Tuesday afternoon, West claimed his “eyes are now wide open” and that he was being “used” to spread messages he does not believe in…

via ‘My Eyes Are Now Wide Open’: Kanye West Says He Was ‘Used’ and Vows He’s Done With Politics — TIME

6 Ways to Instantly Be a More Positive Person — TIME

Keeping a positive outlook doesn’t always come naturally. But optimism is like a muscle — you just have to train it, says Tchiki Davis, a psychologist and founder of The Berkeley Well-Being Institute. And learning to see the glass half full has its perks: It can improve the quality of your life…

via 6 Ways to Instantly Be a More Positive Person — TIME

Americans who don’t have a bank account at lowest level ever — National Post

NEW YORK — The Federal Deposit Insurance Corporation says the number of Americans who do not have a bank account fell to a record low last year; one sign that the economic fortunes of the country’s most vulnerable people continues to improve. Approximately 6.5 per cent of U.S. households were unbanked…

via Americans who don’t have a bank account at lowest level ever — National Post

NOT REAL NEWS: Photo of large crowd not taken at Trump rally — National Post

A photo showing a crowd of nearly one million people engulfing major roadways was not taken during President Donald Trump’s rally in Houston this week, as several people falsely claimed on social media…

via NOT REAL NEWS: Photo of large crowd not taken at Trump rally — National Post

Amazon Alexa goes AWOL for many users — TechCrunch

Some Amazon Alexa users are currently having problems reaching the voice assistant. Instead of reacting to commands, Alexa simply says “sorry, something went wrong.” Amazon hasn’t commented publicly yet on the issue. Based on tweets and Down Detector, users began having trouble reaching Alexa around 7AM PST…

via Amazon Alexa goes AWOL for many users — TechCrunch

The Latest: Whirlpool brushes off Sears bankruptcy — National Post

NEW YORK — The Latest on the filing for bankruptcy protection by the Sears Holding Corp. (all times local): 1:15 p.m. Appliance maker Whirlpool says that it expects a “very limited impact” to its business from Sears’ descent into bankruptcy protection…

via The Latest: Whirlpool brushes off Sears bankruptcy — National Post