Samsung Electronics unveiled its new baby on Wednesday, the Galaxy S8. The new Galaxy is loaded with consumer pleasing invocations like its infinity display screen that extends to the top and bottom edges, as well as side to side. The phone, which is longer and slimmer, can be unlocked using full-face recognition or a fingerprint scanner located on the back of the device. The new gadget will set you back around $750.00 depending on the carrier of your choice. Preorders for the new phone will begin on Thursday.
Wells Fargo Bank announced it has new technology that will allow smartphone customers to withdraw money at all of its 13,000 ATM’s without inserting their debit card. Customers can now go to any of Wels Fargo’s ATM’s and withdraw money using an 8-digit code provided by the bank’s phone app. Customers will still need to input their personalized PIN to complete the transactions. The company, later this year, also plans to introduce “tap and pay” ATM access service that will use near-field communication technology. To use the service owners of NFC-equipped smartphones can sign onto several mobile wallet apps like Wells Fargo Wallet or Apple pay and hold the phone near an NFC-enabled ATM terminal.
Asia: Asian shares fell on Thursday as uncertainty over the U. K’s exit from the Europe Union has investors taking risk off the table.
Europe: European markets rose on Wednesday despite the formal announcement of Britain’s intention to leave the European Union.
U.S: U.S stocks closed mixed on Wednesday as investor prepare for Brittan’s divorce from the EU. DJIA: -42.18 20,659.32 NASDAQ: +22.41 5,897.55 S&P: +2.56 2,361.13
Word of The Day:
A measurement of what portion of a company’s revenue is left over after paying for the variable costs of production like wages or material costs. Operating margin give analyst an idea how much a company makes (before interest and taxes) for each dollar of sales. The higher a company’s operating margins, the better off the company is.
Dinner or Drink:
Myrtle Bank Punch
Pour the dark rum, grenadine, lime juice and sugar into a cocktail shaker half-filled with ice cubes. Shake well, and strain into a highball glass almost filled with crushed ice. Top with cherry brandy. Garnish with slice of lime, and serve.
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