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Kamis, 23 Januari 2020

A new text message scam is disguising itself as a FedEx notification - CNN

But before you mindlessly click on that text message that looks like it's from FedEx, take a second look because it could be a scam.

Some people around the country are receiving text messages that show a supposed tracking code and link to "set delivery preferences." The text is deceiving as it uses the recipient's real name.

The link directs people to a fake Amazon listing and then asks them to take a customer satisfaction survey, according to HowToGeek.com. After answering a couple questions, the scam then asks for personal information and a credit card number to claim a free gift.

The Duxbury Police Department in Massachusetts warned of the scam on Twitter, writing, "When in doubt about a tracking number go to the main website of the shipping company and search the tracking number yourself."

Isabel Benitez from Bakersfield, California, received the text on Monday, but she didn't fall for it.

"I checked the FedEx page because I was curious and I knew I didn't order anything," Benitez said. "I put the code in and it said no package and that the code was wrong, so yeah, I was like this is a scam."

FedEx wants you to know that it would never send text messages or emails to customers that ask for money or personal information.

"Any suspicious text messages or emails should be deleted without being opened, and reported to abuse@fedex.com," FedEx said in a statement.

"While there is no foolproof method to prevent the FedEx name from being used in a scam, we are constantly monitoring for such activity and work cooperatively with law enforcement," FedEx added.

To identify an email or text message as a scam, look for misspelled or slightly altered website addresses, FedEx said. For example, instead of the correct address fedex.com, fake websites could appear as fedx.com or fed-ex.com. Also, if it seems too good to be true, it probably is. Don't fall for messages that claim you've won the lottery or a big prize.

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2020-01-23 13:09:00Z
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Bed Bath & Beyond 20% coupon: What shoppers need to know about the discount amid store closings - USA TODAY

Kelly Tyko USA TODAY

Published 5:00 AM EST Jan 23, 2020

Now that Bed Bath & Beyond is under new leadership with store closings announced, is it possible the company's iconic and uber-popular 20% coupons will change?

The short answer is yes.

The company's new CEO Mark Tritton recently said the New Jersey-based home goods retailer was analyzing where the “coupon has strength and where it has opportunities to be morphed into other opportunities.”

“We know that the coupon is part of our heritage and our DNA, and we want to maintain that in our mix as part of our tools that we can reach out to customers with,” Tritton said during a Jan. 8 quarterly earnings call. “But we do see that there's an opportunity to readjust our value proposition directly with the customer.”

What does that mean?

Is your Bed Bath & Beyond store closing?: See the full list of the 40 stores shuttering in 2020

FedEx text scam alert: Don't fall for delivery notifications texts claiming to be from FedEx

Tritton said it's about finding a balance and that their research has shown it "can sometimes be ambiguous or unclear about what that first price is when they're searching online, which is a primary vehicle for research."

For now, there are no immediate changes to the coupons, which had additional exclusions added to them last summer. But Tritton said that going forward "opening price points, price right daily, as well as meaningful promotions and coupon usage is going to be our structure."

At the stores slated to close, coupon usage is expected to be halted once liquidation sales begin – a common practice at going-out-of-business sales.

Kimberly Palmer, a personal finance expert with Nerdwallet, told USA TODAY in October that stores can change their policies or close at any time.

"If you have coupons or items to return, don’t hold on to them because you never know when they could lose their value," Palmer said. "Use your coupons as soon as possible."

Bed Bath & Beyond Inc. also owns and operates buybuy Baby, Harmon Face Values, World Market and Christmas Tree Shops. The company also plans to close 20 of the other concept stores.

As of Nov. 30, the company had 1,524 stores, including 981 Bed Bath & Beyond stores nationwide and in Canada, 278 stores under the names of World Market, Cost Plus World Market or Cost Plus, 126 buybuy Baby stores, 81 stores under the names Christmas Tree Shops, Christmas Tree Shops andThat! or andThat!, and 55 stores under the names Harmon, Harmon Face Values or Face Values.

Greeting card industry takes a hit: Papyrus closing its greeting card and stationery stores nationwide in the next four to six weeks

J.C. Penney store closings 2020: Department store chain closing more stores and a call center. Is your store on the list?

Is my Bed Bath & Beyond closing?

Bed Bath & Beyond officials provided USA TODAY with a list of the 40 U.S. stores slated to close.

When are stores expected to close?

Some of the stores on the list have already closed, officials said, but these locations will close in the first half of 2020.

Is anything changing with coupons?

When liquidation sales begin at closing stores, it is likely that coupons will stop being accepted at those locations. Future changes are expected with coupons, officials have said.

Should I use my gift card?

Nothing is changing at this time, but experts typically suggest that you take gift cards out of your wallet and drawers and put them to use ASAP.

What about returns?

The company, previously known for having one of the most lenient return policies, has updated its policy several times in recent years. One of the biggest overhauls was in 2015, when returns without receipts had 20% deducted, and previously a time frame was not listed for most returns.

In 2018, the policy changed to one year on most items, and that changed again earlier this year to 180 days. Also today, a receipt or item lookup using a credit card is required in most instances.

At closing stores, sales are usually "all sales final" and returns aren't accepted.

Follow USA TODAY reporter Kelly Tyko on Twitter: @KellyTyko

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2020-01-23 10:01:16Z
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A new text message scam is disguising itself as a FedEx notification - CNN

But before you mindlessly click on that text message that looks like it's from FedEx, take a second look because it could be a scam.

Some people around the country are receiving text messages that show a supposed tracking code and link to "set delivery preferences." The text is deceiving as it uses the recipient's real name.

Isabel Benitez from Bakersfield, California, received the text on Monday, but she didn't fall for it.

FedEx wants you to know that it would never send text messages or emails to customers that ask for money or personal information.

"Any suspicious text messages or emails should be deleted without being opened, and reported to abuse@fedex.com," FedEx said in a statement.

"While there is no foolproof method to prevent the FedEx name from being used in a scam, we are constantly monitoring for such activity and work cooperatively with law enforcement," FedEx added.

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Rabu, 22 Januari 2020

Tesla hits $100 billion market cap, setting Elon Musk up for a huge payday - CNBC

Tesla CEO Elon Musk unveils the Cybertruck at the TeslaDesign Studio in Hawthorne, Calif. The cracked window glass occurred during a demonstration on the strength of the glass.

Robert Hanashiro | USA TODAY | Reuters

Tesla reached a $100 billion market cap for the first time at the beginning of trading Wednesday, setting CEO Elon Musk up for a large payout.

Tesla's stock was up more than 3% at the start of trading, bringing its market cap to about $102 billion. It's market cap topped out at $103.12 billion at the bell.

The gains could send CEO Elon Musk home with a tidy payout. In 2018, Tesla's board and shareholders authorized a compensation plan for Musk, allowing him to earn options worth potentially more than $55 billion over the next decade. Musk would earn the first tranche of at least $346 million in shares if Tesla's market capitalization hits and stays at $100 billion.

Musk currently draws no salary, although he owns around 20% of the company.

To earn the payout, the company must keep its market cap above $100 billion long enough to achieve a $100 billion market cap on both a 30-day and six-month trailing average, according to a regulatory filing. The company must also hit annual revenue or EBITDA milestones at the same time in order for Musk to get that first tranche. The company would need to report either trailing-four-quarter revenue of $20 billion or EBITDA (minus stock-based compensation) of $1.5 billion.

That's all assuming the compensation plan holds up in court.

Tesla stockholder Richard Tornetta sued Musk and members of Tesla's board of directors in a Delaware Chancery Court, alleging that the award is excessive, and the board's vote to give it to him amounts to a breach of fiduciary duty.

At a market cap greater than $103 billion, Tesla's market cap stands above that of General Motors and Ford combined.

A strong fourth quarter

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2020-01-22 13:39:00Z
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Boeing stock slides premarket after Vertical Research downgrades, forecasts 'disaster' quarter - MarketWatch

Boeing Co. shares BA, -3.33% were downgraded to hold from buy by Vertical Research Partners on Wednesday, after the aerospace giant said it does not expect its 737 Max fleet to resume flying until mid-2020, much later than previously expected. "While yet another push out in the estimated return to service of the MAX is bad enough, the ramifications of this have yet to reverberate," analysts Robert Stallard and Karl Oehlschlaeger wrote in a note to clients. "From a Boeing perspective, this means over a year without deliveries of its most profitable product line, while customer compensation costs are likely to be higher than previously thought. As we noted in our 4Q19 earnings preview, we are expecting Boeing's up-coming results to be "an absolute disaster", and that now looks guaranteed." Troubles with the Max, which has been grounded since two fatal crashes thought to be related to Boeing's MCAS system, are not the only challenges facing the company, said the note. The Max is inferior to Airbus' A320 NEO, the 787 rate is "arguably too high" and the 777x is facing development and demand challenges, said the note. "Overarching all this is the issue of 'Hubris' that we have noted before, and a toxic corporate culture that has arguably been the root cause of many of the problems that Boeing management now has to deal with. A new CEO could help, but in our experience changing a company's culture is a very tough, long term process," said the note. The analysts lowered their price target for Boeing stock to $294 from $388 and cut forecasts for 2019 to 2022. Shares were down 0.6% premarket and have fallen 12% in the last 12 months, while the Dow Jones Industrial Average DJIA, -0.52% has gained 20% and the S&P 500 SPX, -0.27% has gained 26%.

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2020-01-22 12:40:00Z
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Toyota, Honda recall 6 million vehicles over air bags - WJW FOX 8 News Cleveland

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Toyota, Honda recall 6 million vehicles over air bags WJW FOX 8 News ClevelandView full coverage on Google News
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2020-01-22 10:27:00Z
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G.M.’s Cruise Unveils a Self-Driving Car. Don’t Look for It on Roads. - The New York Times

SAN FRANCISCO — Cruise, the autonomous vehicle division of General Motors, unveiled an ambitious new vehicle on Tuesday that its executives said was “the beginning of the future beyond the car.”

Emphasis on “beginning.”

The futuristic electric vehicle, called the Cruise Origin, has a long road to travel before any passengers will be able to hail a ride in it. Cruise would not name a time frame for its availability. It provided no details on how many vehicles it planned to produce, or whether it has begun test drives on closed tracks. It has not obtained state or federal regulatory approval to drive on roads.

“Our work is far from done,” Dan Ammann, chief executive of Cruise, said in a presentation.

Cruise emphasized that the Origin is more than just an idea, however. In an interview, Mr. Ammann said that the company would begin producing prototypes of the Cruise Origin and test driving the car “in the near future.”

Referring to the annual consumer electronics show in Las Vegas, he said, “Unlike some things you see at CES, for example, this is not a concept car.”

The event, held in a dark San Francisco warehouse with thumping hip-hop and orange uplighting, represented a coming-out party for the latest autonomous technology company eager to show progress at a moment when excitement around the category is waning.

Four years ago, self-driving hype reached a fever pitch. Automakers struck partnerships with technology companies almost every week. Start-ups raised piles of funding at high valuations.

That year, G.M. plunked down nearly $1 billion to acquire a 40-person start-up in San Francisco called Cruise. The start-up went on to raise billions more in outside funding. Head count swelled to 1,700 workers.

But hype hit reality when testing data made it clear that it would take many more years for self-driving technology to be ready for widespread adoption. Google and Tesla had predicted fully autonomous self-driving cars would be available by 2018, a deadline that passed with little fanfare.

Mr. Ammann introduced the Origin alongside Kyle Vogt, Cruise’s co-founder and president. A room full of “Cruisers,” the company’s term for its employees, cheered them on.

The rectangular-shape vehicle with double sliding doors on each side has no steering wheel or brakes. Inside, it is spacious, with room for six people sitting and facing each other.

Cruise’s plan is not to sell the vehicles but to operate a system of autonomous taxis — essentially, robo-taxis — that can be hailed via an app. It is in a race with Uber, which has an autonomous vehicle division, and Waymo, which is backed by Google’s parent company, Alphabet.

Cruise’s executives said that their vehicle is designed to last for one million miles, far longer than typical cars. “Traditional cars haven’t been designed with that mentality,” Mr. Vogt said in an interview.

Their presentation hinted at a future in which Cruise Origin cars could also transport cargo autonomously.

Mr. Vogt said that unveiling the car could help speed up conversations with regulators.

“Seeing the vehicles in the flesh makes it easier to have these conversations because it’s a little bit less abstract,” he said.

Permits are one hurdle. Another is technology.

Cruise must get its vehicles to the point where their sensors and software can navigate city roads, with all their complicated, unpredictable scenarios, as well as a human driver can.

When asked if it would take as many as five years to make the Cruise Origin a reality, Mr. Vogt said, “I hope not.”

“This is going into production,” he added. “This car is going to happen.”

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2020-01-22 05:02:00Z
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