Citi

New York City and New Jersey residents who are already exasperated by periodic increases in MTA subway fares are going to lack even more options for cheap public transit. Out of the blue on Thursday, Citi Bike suddenly announced its bike share program was raising prices across the board, impacting annual paying members and non-members alike.Let’s Eat a Chocolate Xbox ControllerCiti Bike riders received emails alerting them to the cost increases, impacting Citi Bike and Lyft Pink subscribers, daily riders, and Reduced Fare…

A report issued this week from New York City Comptroller Brad Lander found that Citi Bike faces “significant operational shortcomings” in the city, and determined that the problem is even worse in low-income neighborhoods and communities of color. But Lyft, which owns the bikeshare platform, said the report was unfair in its analysis and contained several inaccuracies. Citi Bike, which allows consumers to rent bikes for short periods of time, has grown in popularity in recent years and has built out a massive network of…

Top cryptocurrency bitcoin could reach $100,000 by the end of 2024, Standard Chartered said on Monday, saying that the so-called "crypto winter" is over.Bitcoin could gain from factors including recent turmoil in the banking sector, a stabilisation of risk assets as the U.S. Federal Reserve ends its rate-hiking cycle and improved profitability of crypto mining, Standard Chartered's head of digital assets research Geoff Kendrick said in a note. "While sources of uncertainty remain, we think the pathway to the $100,000…

Samsung Display has announced that it has installed the world’s biggest and brightest digital scoreboard display at the Citi Field stadium in New York City, USA. In collaboration with New York Mets, the American professional Major League baseball team, Samsung is ready to welcome fans with the best visuals as the new baseball season starts. Baseball fans in New York City can have a firsthand look at the fully upgraded, dual-sided centerfield video board at the Citi Field stadium. It has a 17,400 square feet LED screen on…

Procter & Gamble (PG), Estee Lauder (EL) and Constellation Brands (STZ) can navigate any economic slowdown in the short term while offering long-term growth opportunities, according to Citi in a new research note. The bullish call on these consumer-tied companies aligns with our view and comes as defensive stocks have fallen out of favor in 2023, with many investors instead piling into beaten-down tech names. What Citi thinks Analysts at Citi chose our three Club holdings among their top-rated picks — initiating…

Lyft plans to start recycling its e-bike and scooter batters through a newly announced partnership with Redwood Materials, as first reported by The Verge. Lyft owns 12 different municipal bike share programs—like New York City’s Citi Bike and San Francisco’s Bay Wheels—in addition to its scooter program in four cities. As Lyft’s largest microtransport share, Citi Bike alone has 5,000 electric bicycles, according to a report from Bloomberg. Which is a lot of batteries. E-Bike batteries only last a few years, and after that…

Tesla Inc CEO Elon Musk attends the World Artificial Intelligence Conference (WAIC) in Shanghai, China August 29, 2019.Aly Song | ReutersTesla shares jumped almost 8% on Wednesday after hitting a 52-week low a day earlier. The rally followed an upgrade by analysts at Citi and an indication from Tesla CEO Elon Musk that South Korea is a top candidate for a new factory the company hopes to build in Asia.The rebound is a respite for Tesla investors, who've seen the value of their holdings fall by about half this year amid a…

India initially made its name in the tech world years ago when it staked out reputation as a key hub for business process outsourcing. Now that legacy has taken a very different turn in fintech with outsourcing of a very different kind, with the emergence of embedded finance technology. In the latest development, Lentra, an Indian embedded AI-based finance startup, has raised $60 million — a Series B that values the startup at “over $400 million,” D Venkatesh, the founder and CEO of the startup, told TechCrunch in an…

Overview: Citi Bank visited VJTI, Mumbai for on-campus placements. The criteria for applying was 60% or aggregate with no active backlogs and all branches were allowed.Online Test: Close to 350 students applied for the company. The online test was conducted on the 11th of September on AMCAT. The online test had four sections:Logical Ability(14 MCQs in 14 Minutes)Quantitative Ability(16 MCQs in 16 Minutes)Computer Programming(25 MCQs in 35 Minutes)Automata Pro(2 coding questions in 60 Minutes)The MCQs were pretty basic but…

Hedge funds shouldn’t be able to keep roughly $500 million they were mistakenly paid by Citigroup Inc. on a loan owed by now-bankrupt cosmetics company Revlon Inc., a federal appeals court ruled Thursday. The U.S. Second Circuit Court of Appeals said a lower court erred in allowing Revlon lenders including Brigade Capital Management, Symphony Asset Management LLC and HPS Investment Partners LLC to retain the “huge windfall” they collected from the bank’s back-office blunder. Hedge…