NAB cuts dividend, manager bonuses as compensation costs hit profit

NAB cuts dividend, manager bonuses as compensation costs hit profit

National Australia Bank has cut its dividend after its half-year profits were weighed down by hefty costs for compensating customers of its wealth management arm. After a tumultuous period for the bank following the Hayne royal commission, the bank also …
See Original Article

South Korea April factory activity returns to growth as employment expands: PMI

SEOUL, May 2 (Reuters) – South Korea’s factory activity rebounded in April helped by a boost in hiring, snapping five months of contraction, a private manufacturing survey showed on Thursday. FILE PHOTO: An employee walks on a crane at a container …
See Original Article

Two MGM Springfield employees laid off as company begins to eliminate jobs

SPRINGFIELD, Mass. (WWLP) – MGM Resorts is planning to eliminate about 1,000 jobs this month. Two MGM Springfield employees have lost their jobs as part of “MGM 2020,” the company’s plan to reduce costs, and position them for future growth. The Las …
See Original Article

Facebook settlement with US may include privacy oversight: Politico

(Reuters) – Facebook Inc and the Federal Trade Commission (FTC) are negotiating a possible settlement that would require the company to create an independent privacy oversight committee and take other steps to safeguard users, Politico reported on …
See Original Article

AWS opens up its managed blockchain as a service to everybody

After announcing that they were launching a managed blockchain service late last year, Amazon Web Services is now opening that service up for general availability. It was only about five months ago that AWS chief executive Andy Jassy announced that the …
See Original Article

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.