trust
Fewer Than 1 in 4 Americans Trust the U.S. Financial System
9:05AM 10/20/2011
Americans are growing even more distrustful of their financial institutions. The latest figures from the quarterly Chicago Booth/Kellogg School Financial Trust Index showed that only 23% of those surveyed said they trust the country's financial systems, down from 25% in June.
Trust in Banks Falls Back to Financial Crisis Lows
1:30PM 5/18/2011
Americans' overall trust in the nation's financial system has dropped from 26% to 20%, a level that matches the lows recorded during the heart of the financial crisis in late 2008, according to the latest results from the Chicago Booth/Kellogg School Financial Trust Index.
With U.S. unemployment at 9.8%, its easy to envy workers in countries where many companies guarantee jobs for life. And while the number of Japanese workers with such guarantees is shrinking, in Germany, it's rising rapidly. Could U.S. companies take a page out of the jobs-for-life handbook?
U.S. Bancorp to Buy Bank of America's Trust Division
4:25PM 11/15/2010
U.S. Bancorp agreed to pay as much as $35 million in cash for Bank of America's securitization trust administration units in the U.S. and Europe. The deal is part of the U.S. Bank parent company's efforts to expands its corporate trust business.
The Japanese-style steakhouse chain is famous for its whirring cutlery, flying meat and flaming piles of onion slices, but recently the excitement has spread from the dining room to the boardroom as a struggle for power threatens the ownership structure of the company.
Trust of government agencies drops, but folks still love the USPS
11:00AM 7/01/2010
There is a new indication that Americans' trust of government agencies is dropping. The exception: Americans still love the U.S. Postal Service. Other agencies they appreciate: The Federal Trade Commission and the Internal Revenue Service.
The ones Americans don't appreciate include the Customs...
Pay 555-555-1234 $13.70 for dinner. It seems simple; sending money to a friend or business with your phone, but after years of trying, the practice never really caught on in the U.S. Past attempts at sending money with a cell phone have been simple enough to use, but the fees involved often...
Scammers use Better Business Bureau's name for fake lotto
6:00PM 2/12/2010
The story is true, but the names have been changed to defraud the innocent. It may sound like the start of an episode of Dragnet, but it's the true story of how scammers were able to con an elderly man out of $80,000 and many more out of their hard earned money. According to a warning from the...
Ikea looks like a model of openness and visibility. From its voluminous warehouse-size stores to its furniture's clean lines, the retailer presents a vision of honesty and total disclosure. Even founder and President Ingvar Kamprad (pictured) seems to be an open book: a simple farmer's boy from...
Sweet, saucy, and from the slums, Rubina Ali and Azharuddin Mohammed Ismail both went from wretched poverty to international fame after starring in the 2009 Academy Award winner for Best Picture and Best Director, Slumdog Millionaire.
But they just won't go to school, even though the movie's...
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