customers

Hertz will pay $168 million to customers falsely accused of stealing its cars

Hertz will pay $168 million to customers falsely accused of stealing its cars

Over a span of several years, Hertz falsely accused more than 360 people of stealing rental cars, resulting in arrests and jail time for innocent customers. Now, the company will pay $168 million as part of a settlement. Cindy Ord/Getty Images hide caption toggle caption Cindy Ord/Getty Images Over a span of several years, Hertz …

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Self-checkouts annoy some customers and help shoplifters.  Stores add it anyway |  CNN Business

Self-checkouts annoy some customers and help shoplifters. Stores add it anyway | CNN Business

New York CNN Business — Self-service payment arrived in the late 1980s in supermarkets. A decade later, it began to spread to large chains and pharmacies. Today, self-checkouts, loved by some and hated by others, have made their way into discount clothing stores and department stores. Kohl’s (KSS) is testing self-service payment terminals in a …

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Amazon's cloud unit faces cost-sensitive customers as economic fears rise

Amazon’s cloud unit faces cost-sensitive customers as economic fears rise

Amazon Web Services has been its parent company’s biggest growth engine for most of the past decade, taking business with some of the world’s largest technology vendors. But as companies face the most discouraging economic environment since the 2008 financial crisis, those massive checks they send to AWS for their technology infrastructure are coming under …

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Celsius customers with collateral stuck on failing crypto platform turn to bankruptcy process for relief

Celsius customers with collateral stuck on failing crypto platform turn to bankruptcy process for relief

Alan Knitowski has an MBA, has worked in technology and finance for over 25 years, and is CEO of a Nasdaq-listed mobile software company. That didn’t stop him from getting duped by a crypto firm. Knitowski borrowed $375,000 from crypto lender Celsius over several years and posted $1.5 million in bitcoins as a guarantee. He …

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