Cheddar Morning Business Update 10/20: Unemployment filings at lowest level in years

<p>People affected by Hurricane Irma and Harvey continue to head back to work.</p>

News 12 Staff

Oct 20, 2017, 1:06 PM

Updated 2,386 days ago

Share:

Cheddar Morning Business Update 10/20: Unemployment filings at lowest level in years
The number of people filing for unemployment benefits last week fell to its lowest level since 1973. People affected by Hurricane Irma and Harvey continue to head back to work.
Meanwhile, a big win for Lyft over its rival Uber. Google's or Alphabet's venture capital arm is investing $1 billion into Lyft as Uber continues to deal with fallout over negative headlines.
Lyft added 100 cities to its operation this year, and says it is completing more than 1 million rides a day.
 Lastly, MasterCard customers will no longer need to sign their name when buying items with a debit or credit card, starting in April. The company says everything else will remain the same and it won't compromise security.
According to MasterCard's research, the majority of people believe it would be easier to pay and that checkout lines would move faster if they didn't have to sign.


More from News 12
1:44
SUNY Purchase students start pro-Palestinian encampment

SUNY Purchase students start pro-Palestinian encampment

2:22
Partly sunny, light breeze for Friday in the Hudson Valley; afternoon showers for Saturday

Partly sunny, light breeze for Friday in the Hudson Valley; afternoon showers for Saturday

2:48
Pro-Palestinian encampment remains at SUNY New Paltz campus

Pro-Palestinian encampment remains at SUNY New Paltz campus

0:22
Mount Vernon police: No injuries reported following shots fired incident

Mount Vernon police: No injuries reported following shots fired incident

0:32
Rep. Ryan calls for planned Central Hudson rate increase to be denied

Rep. Ryan calls for planned Central Hudson rate increase to be denied

0:21
Yonkers Art unveils 2 new exhibits ahead of weekend festival

Yonkers Art unveils 2 new exhibits ahead of weekend festival

1:26
Look up! Annual Eta Aquarid meteor shower peaks early Sunday morning

Look up! Annual Eta Aquarid meteor shower peaks early Sunday morning

0:33
Dobbs Ferry man facing federal charges of illegal possession of firearms, ammunition

Dobbs Ferry man facing federal charges of illegal possession of firearms, ammunition

1:47
Ex-Monticello officer who admitted to sex assault of underage teen reinstated to department after arrest

Ex-Monticello officer who admitted to sex assault of underage teen reinstated to department after arrest

0:36
Police: Woman arrested in connection to student brawl outside Yonkers school

Police: Woman arrested in connection to student brawl outside Yonkers school

1:44
Poughkeepsie leaders ask public for help to find troubled teens before tragedy strikes

Poughkeepsie leaders ask public for help to find troubled teens before tragedy strikes

1:02
Ribbon-cutting ceremony held for completion of New Rochelle affordable housing development

Ribbon-cutting ceremony held for completion of New Rochelle affordable housing development

0:32
Bedford School District to receive more money aid, boost in funding from state

Bedford School District to receive more money aid, boost in funding from state

0:30
Blooming Grove highway worker seriously injured during tree removal

Blooming Grove highway worker seriously injured during tree removal

0:23
Overnight road work to close Exit 7 on Cross County Parkway in Westchester

Overnight road work to close Exit 7 on Cross County Parkway in Westchester

3:52
I-95 in Norwalk closed until at least Monday following tractor-trailer fire

I-95 in Norwalk closed until at least Monday following tractor-trailer fire

0:28
SPCA Westchester launches first mobile adoption unit

SPCA Westchester launches first mobile adoption unit

News 12 Westchester/Hudson Valley Daily Poll

News 12 Westchester/Hudson Valley Daily Poll

1:44
Exploring the Westchester children's museum: A journey of play and discovery

Exploring the Westchester children's museum: A journey of play and discovery

0:36
Live Nation Concert Week offers $25 tickets to over 5,000 shows

Live Nation Concert Week offers $25 tickets to over 5,000 shows