Electric Citi Bikes are back after braking malfunction grounded the fleet

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Electric Citi Bikes are back after braking malfunction grounded the fleet

Electric bikes have returned to Citi Bike, after a braking malfunction led to their temporary removal from the nation’s largest bike-share system. Starting this week, Citi Bike will begin adding “several hundred” e-bikes to its network of 900 stations in New York …
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Oil up on slowing pace of coronavirus, Venezuela sanctions

LONDON (Reuters) – Oil prices rose on Wednesday, with Brent gaining for a seventh straight day, after a slowing of new coronavirus cases in China eased demand worries and supply was curtailed by a U.S. move to cut more Venezuelan crude from the …
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Puma Warns of Hit to Sales and Profits From Coronavirus

HERZOGENAURACH, Germany — German sportswear group Puma on Wednesday said it expected China’s coronavirus outbreak to hit its sales and profits in the first quarter but it still hopes to reach its targets for 2020. Puma said more than half of its stores …
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Bitcoin Price May Explode to $500000, Says Fundstrat's Tom Lee

Fundstrat’s Tom Lee said that the price of Bitcoin could surge to $500,000 in the long term, but he failed to mention the exact timeline for such a pie-in-the-sky target to be achieved. Bitcoin and its value have been a topic of discussion for many in recent years.
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UPDATE 1-Metro Bank names interim boss Dan Frumkin CEO

(Adds background on Frumkin, accounting error). Feb 19 (Reuters) – Metro Bank on Wednesday named interim Chief Executive Dan Frumkin to the role permanently, tasking him with leading the British lender past an accounting scandal that plunged it into …
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