Half-price train rides for I-80 commuters as NJ TRANSIT offers major discount amid emergency repairs
NEWARK, NJ — NJ TRANSIT is offering a 50% discount on roundtrip train fares from five Morris and Warren County stations starting Monday as emergency repair work continues on a heavily traveled…
Biden FEMA Blindsides Hurricane-Battered Community, Strips Locals Of Insurance Discount
The Federal Emergency Management Agency (FEMA), which handles federal disaster responses, revoked a discount on flood insurance for a community in Florida without giving clear warning, according to E&E News. Around 125,000…
Shein investors selling stock at 30% discount- Bloomberg News
(Reuters) – Shein’s investors are trying to sell shares in the private market at prices that value the Chinese online retailer as low as $45 billion, or a discount of around 30%…
Banks should increase use of ‘discount window’ to prevent crises -expert group
(Reuters) – Commercial banks should prepare to borrow more readily from central banks to limit contagion in times of stress and discourage runs by depositors, an expert regulatory panel said on Tuesday…
China’s BYD offers subsidies, discount for some models in December
BEIJING (Reuters) – China’s electric vehicle giant BYD Co Ltd on Friday announced subsidies for some models and a discount of up to 20,000 yuan ($2,803) in December for buyers who are…
Analysis-Growing Italy risk puts equities at deepest discount in 35 years
By Joice Alves and Danilo Masoni LONDON/MILAN (Reuters) – Italian stocks are trading at their deepest discount in 35 years compared to world shares as investors fret over the fiscal outlook in…
Founder of discount e-shopping firm PDD races up China’s rich list
By Casey Hall SHANGHAI (Reuters) – The founder of PDD Holdings saw his wealth swell by $13.8 billion in a year, as a slowing global economy drove more shoppers to the Chinese…
China’s e-commerce discount race to the bottom puts incumbents under pressure
By Casey Hall SHANGHAI (Reuters) – Discount e-commerce is set to dominate globally during the critical upcoming holiday shopping season in the West and Singles’ Day in China, analysts said. Platforms in…
Renault cannot afford discount race with Tesla, Chinese peers, executive says
MUNICH (Reuters) – Renault cannot afford to enter a discount race with Tesla or Chinese rivals, the French carmaker’s head of engineering told journalists at the IAA Munich car show. “The good…
Linkwood Man Charged for $3k Discount Scam at AutoZone
CAMBRIDGE, MD – Gregory Scott Robbins SR, a 54-year-old resident of Linkwood, was served with a Criminal Summons by CPD officers on Friday, August 4, at approximately 9:35 am. Robbins was located…
Fed should do more to encourage discount window use: ex-Fed staffer
By Ann Saphir (Reuters) – Regulatory guidelines issued in late July encouraging banks to incorporate the Federal Reserve’s so-called discount window into their contingency funding plans fail to address the main issues…
Australia’s Wesfarmers to merge discount stores Kmart and Target
(Reuters) – Australian retail conglomerate Wesfarmers said on Tuesday it will merge the business units of its budget department store Kmart and discount retailer Target as the group attempts to reduce losses…
Fed’s Logan: Discount window operations need to keep pace with speed of banking
RICHMOND, Virginia (Reuters) – U.S. banks should be prepared to borrow regularly from the Federal Reserve’s discount window, while the Fed should make sure loans can be accessed at any time given…
UK’s Pret hikes price of coffee subscription service, offers food discount
LONDON (Reuters) – British sandwich and coffee chain Pret A Manger has raised the price of its monthly coffee subscription service by 20% to 30 pounds ($37.34) but expanded it to include…
Marketmind: Banks queue round the block at Fed discount window
A look at the day ahead in European and global markets from Wayne Cole It’s been a slow day in Asian markets, no doubt with everyone tired and emotional after another rough…
Russia’s Magnit opens first ‘hard discount’ stores
(Reuters) – Russia’s Magnit supermarket chain launched its first “hard discount” stores under a new brand on Tuesday, the company said, as falling living standards and rising inflation push Russian consumers to…
Couple wanted after shooting store manager in face over dispute at Philadelphia discount store
PHILADELPHIA, PA – A couple is being sought by police after shooting the store manager at the Save A Lot discount store located at 6305 Chew Avenue in Northwest Philadelphia’s Germantown section.…
Analysis-Renault cuts Nissan stake, shedding conglomerate discount may be tougher
By Gilles Guillaume and David Dolan LONDON/TOKYO (Reuters) – Renault SA has taken big steps to simplify its complicated alliance with Japan’s Nissan Motor Co, but still faces a tough road ahead…
Shoplifter strangled worker at Glen Burnie discount store
GLEN BURNIE, MD – Police are investigating a robbery and assault at Roses discount store on Baltimore Annapolis Boulevard in Glen Burnie. On Wednesday, at around 5 pm, a man was caught…
Bronx security guard assaulted by microwave thieves
NEW YORK, NY – A security guard working at the Dollar Discount Party Store at the Bronx Terminal Market was assaulted when he tried to stop a group of thieves from stealing…
NY Fed finds relatively benign factors drive recent discount window borrowing rise
By Michael S. Derby NEW YORK (Reuters) – A recent uptick in borrowing at a central bank facility that has historically provided emergency credit is likely tied to small bank liquidity management,…
Tesla offers discount in Singapore on EVs in inventory
SINGAPORE (Reuters) – Tesla has begun offering discounts to electric vehicle buyers in Singapore who agree to purchase existing inventory of the Model 3 or Model Y, a company sales representative said…
Russia’s Magnit races to open discount stores as living standards slump
MOSCOW (Reuters) – Russian supermarket chain Magnit plans to continue the rapid roll-out of discount stores next year as shoppers across the country turn to cut-price options amid a recession that is…
Man threatened to kill liquor store worker after refusing to give discount
LINDEN, NJ – An irate customer got angry at a liquor store employee in Linden and threatened to kill them for not offering a discount. According to the Linden Police Department, On…
Fed discount window borrowing is edging up, but is it a problem?
By Michael S. Derby NEW YORK (Reuters) – Borrowing at a key Federal Reserve facility long associated with providing emergency loans to banks has been edging higher, recently climbing to over $10…
Tesla offers additional discount to Chinese buyers on some models
SHANGHAI (Reuters) – Tesla is offering a limited time discount of 6,000 yuan ($859.20) to Chinese buyers on some models from Wednesday through to the end of 2022, a company representative said…
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