If you stayed in a Hyatt hotel in the last six months, pay attention. You may want to check your bank statement. The hotel chain is revealing the true extent of a data breach it first reported in December. Malicious software was found in 250 locations worldwide. Unauthorized access to payment cards was apparently happening from August all the way up until last month. For the full list of affected locations, click HERE.
Goldman Sachs says it will pay about $5 billion to settle federal and state probes of its role in the sale of questionable mortgages in the years leading up to the great recession. It’s the largest settlement the investment bank has reached related to the financial crisis. Goldman has been under investigation for allegedly misleading investors on the safety of the securities they created by bundling and selling mortgages. These activities, including subprime mortgages offerings are blamed particularly for a decline in black wealth in America creating a larger wealth gap between blacks and whites. Learn more about the impact of the housing crisis on the racial wealth gap HERE.
A financial services company is moving into Carmel’s Midtown area. Allied Solutions announced plans Thursday to relocate its headquarters from the U.S. 31 corridor. More than 500 existing jobs will be moved to Midtown and more than 600 will be created by 2025.
BlueIndy is exceeding membership expectations. A spokesman told The Indianapolis Star, the electric car share program had nearly 1,100 in its first four-months. About 95 percent of the memberships purchased were yearly, and the rest were monthly, weekly or daily. Last year, BlueIndy officials said it would need 20,000 yearly memberships and 20,000 weekly rides to turn a profit, which could take six-years to achieve. Kiosks are located all over town. Learn more about the program and locations HERE.
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