square | Common News Update

Oct212020 by adminNo Comments

JPMorgan Chase takes on Square and PayPal with smartphone card reader, faster deposits for merchants

Finance

JPMorgan's Business Complete Banking serviceSource: JP MorganJPMorgan Chase is making a play to sell more services to millions of American small business owners, pushing into an area pioneered by fintech firms including Square, PayPal and First Data, CNBC has learned.The bank is rolling out a checking account that is paired with a new fintech-inspired service called QuickAccept, according to JPMorgan executives. QuickAccept lets businesses take card payments within minutes, either through a mobile app or a contactless card reader, and users will see sales hit their Chase accounts on the same day.That fast funding is offered free, unlike competitors including Square, which typically take a day or more and charge a 1.5% fee to make instant transfers."Our competition either doesn't have same-...

Aug292020 by adminNo Comments

How the Square Mile fell silent – and might never be as bustling again

Business

Commuting into - and working in - the City daily during the COVID-19 crisis has, at times, been a depressing experience.I began working in the City 30 years ago and have spent most of the intervening period since working in and around the Square Mile. It is an inspiring place. :: Follow live coverage of the latest coronavirus news and updates Boris Johnson's 'return...

Sep142019 by adminNo Comments

Arctic sea ice coverage drops below 1.5M square miles for second time since 1979

Science

Sept. 13 (UPI) -- For just the second time since scientists started tracking Arctic sea ice coverage in 1979, the sea ice extent has dropped below 1.5 million square miles, or 4 million square kilometers. Every autumn, the Arctic sea ice coverage reaches its minimum extent, before expanding as temperatures rise. Though the sea ice is still shrinking, the minimum extent still days away, coverage is already approaching record lows. "Our satellite data show that between March and April 2019, there was an unusually large decrease in the ice extent, from which the Arctic sea ice was unable to recover," Christian Haas, a geophysicist at the Alfred Wegener Institute, said in a news release. The Arctic's rapid springtime melting suggested sea ice coverage was destined for an all-time low, but fl...

Jul232019 by adminNo Comments

‘Butcher of Beijing’ who ordered Tiananmen Square crackdown dies

World

The Chinese premier who ordered a bloody crackdown in Tiananmen Square to counter pro-democracy protests has died.Li Peng died at the age of 90 on Monday of an unspecified illness. While he leaves behind a legacy of long-term economic growth, he is best known for his role in the demonstrations that spawned the enduring image of a protester blocking the path of three tanks. Image: Li Peng, pictured in 2011, became known as the 'Butcher of Beijing' Hundreds of thousands of people gathered in the centre of Beijing for a series of protests during the spring and summer of 1989, which were brought to an end in hostile fashion by the military.Mr Li was broadly disliked by the population as a result of what happened and became known as the "...

Jun42019 by adminNo Comments

Taiwan calls on China to ‘repent’ for Tiananmen Square crackdown

World

Taiwan has called on China to "sincerely repent" for the bloody crackdown in Tiananmen Square, as the government remains silent on the 30th anniversary of the tragedy.The self-ruling democratic island has also accused the Chinese government of continuing to cover up the killings in Beijing in 1989. Tanks were sent in to quell months of student-led pro-democracy protests on the night of 3 June 1989, with the operation ending the following morning. Image: Security has been tightened around Tiananmen Square on the 30th anniversary The Chinese government has never released an official death count, but estimates range from several hundred to thousands.Among the students' demands were a free press and freedom of speech, disclosure of leader...