Manikandan Raman

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Wells Fargo Drops $5 Debit Card Fee Plan

Diversified financial services firm Wells Fargo & Co. (NYSE:WFC) said it is cancelling its planned five-state pilot of a monthly $3 fee for users of its debit cards as a response to customer feedback the bank has received.

Redbox Mirrors Netflix, Raises Rental Rates

Video rental firm Redbox said it would raise its daily DVD rental rate by 20 cents to $1.20, citing higher operating costs, including an increase in debit card fees that went into effect Oct. 1. It also plans to have a streaming business plan in place by the end of the year.

Could Alibaba's Buyout Make Jack Ma the Next Yahoo CEO?

The Alibaba Group has indicated that they have strong interest in acquiring Yahoo, Inc. (NASDAQ:YHOO). However, this is something that even Jack Ma, the Chief Executive Officer (CEO) of the Alibaba Group, understands will be complicated.

Five Features That iPhone 5 Will Not Have

With only a day remaining for Apple's eagerly anticipated iPhone event, rumors over what the company will and will not include in its new phone, which is believed to be the iPhone5, continues to grow.

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