PNC to offer $1 $10 and $20 bills at ATMs nationwide
PNC Bank will upgrade all 7200 ATMs to dispense mixed denominations including $1 bills, allowing customers to withdraw exact amounts such as 17 dollars with a 10 and seven ones. The change, due by summer, reflects demand for flexible, cheaper withdrawals and aligns with mobile and online banking trends.
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Tech firms face scrutiny over Prism surveillance program
Apple Facebook Google and Yahoo denied wholesale government access to servers while officials confirmed a program to monitor online activity of non US users. Experts warn Prism could erode consumer trust and curb global expansion as secrecy and distorted coverage frustrate industry leaders like Google chief executive Larry Page.
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Leadership mix shifts to US Airways executives in merger
American Airlines will be led by five US Airways executives under CEO Doug Parker, with three AMR executives named to the new leadership. The merger aims to close this summer pending antitrust approval and bankruptcy creditor consent. The combined company will remain based in Fort Worth, Texas, with AMR creditors and shareholders holding 72 percent.
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Apple Extends Flat Design Across iOS 7 Interface
Apple reveals iOS 7 a major redesign ditching skeuomorphism. Jony Ive leads a flat neon and pastel look with translucent elements across iPhone iPad and iPod Touch apps and icons. The update aims to refresh user attachment amid Samsung and Google competition. Stock dipped from peak after launch talk.
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