FRONTIER WILL DEFER TRAVEL TO ZIKA AREAS
Denver- based Frontier Airlines will give a credit for a future flight to pregnant women and their traveling companions if they booked a trip to a place dealing with an outbreak of Zika virus.
To qualify, a customer needs to provide a doctor’s note, Frontier spokesman Jim Faulkner said. He said that so far, the airline has received only a few calls about the virus.
From Denver International Airport, travelers can fly to Cancun, Puerto Vallarta and Cabo San Lucas in Mexico. The airline also has routes fromother cities to Jamaica and Dominican Republic. The virus has been detected inMexico and Dominican Republic.
Ping Identity: Revenues could grow to $ 100M.
Denver security firm Ping Identity on Thursday shared the company’s revenue growth in 2015 as it preps for a possible initial public offering this year.
Subscriptions to its identity software products helped boost revenues 40 percent in 2015 from the prior year. The company says it is on track to hit $ 100 million in annual recurring revenues this year.
Ping is private and not required to report actual income or revenues. But it shared some growth numbers from last year, including that 20 percent of its bookings came from international customers and it added 135 employees.
AT& T hires retail GM for RockyMountain region.
AT& T stores in Colorado have a new boss. On Thursday, AT& T named Nancy Garvey as vice president and general manager of the AT& TMobility sales organization for the Rocky Mountain region. Garvey — who previously served a similar role in AT& T’s Kansas, Missouri and Southern Illinois region— will oversee 725 retail employees and nearly 500 stores.
Walgreens tells Theranos to stop using lab. Walgreens
has told blood- testing startup Theranos to stop sending samples collected at the drugstore chain’s stores to a testing facility that drew regulatory scrutiny over possible patient risks.
The company said Thursday that it told Theranos to either send tests to a certified lab in the Phoenix area that Theranos runs or to an accredited third- party lab. The decision affects 40 stores in Arizona and a Palo Alto, Calif., store.
IBM CEO getting $ 4.5M bonus. International BusinessMachines
Corp. CEO Virginia Rometty is getting a $ 4.5 million performance bonus for 2015, despite the computer maker’s ongoing financial struggles.
Rometty’s total earnings for the yearwon’t be clear until IBM discloses the value of certain equity grants, but her bonuswas $ 900,000 more than the $ 3.6 million she earned last year. The IBM CEO’s base pay for 2016 remains unchanged at $ 1.6 million, with $ 13.3million in long- term incentive stock awards, the company saidThursday.
Bank of Japan boasts negative interest policy
B tokyo » The Bank of Japan on Friday introduced a negative interest policy in amove to boost a stumbling recovery in theworld’s third- largest economy.
The central bank said it is imposing a 0.1 percent fee on some deposits left with the central bank, effectively a negative interest rate.
Themove had an immediate positive impact on Japan’s financial market.