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Listeners speculated that it was a protest after two popular DJs were laid off—but instead it turned out to be a form of “stunting,” which is how a radio station communicates it’s changing its programming.
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Source. So what is The Weather Company being accused of? According to the lawsuit... For years, the company "deceptively used its Weather Channel App to amass its users' private, personal, geolocation data...all the while leading users to believe that their data will only be used to provide them with 'personalized local weather data, alerts and weather forecasts.'" "TWC has then profited from that data, using it and monetizing it for purposes entirely unrelated to weather or the Weather Channel App." FYI, people really like checking the weather. The app has 45 million monthly active users. For its part, The Weather Company (owned by IBM) said its dat…
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China unleashes the banks
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China injected its economy with the monetary policy equivalent of HGH, cutting the "reserve ratio" for some banks (aka the amount of cash required to stash in their rainy day fund). The move frees up about $108 billion to help restructure corporate debt and provide credit to small businesses. The backdrop: You may have heard China and the U.S. aren't on the best terms, economically speaking. Well, China is hoping to prime its (already slowing) economy so it'll be in the best position to weather any turbulence from the trade war.
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