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Crypto Exchange Kraken Unveils Institutional Solution
Crypto Exchange Kraken Unveils Institutional Solution
February 27, 2024  |  Cryptocurrency

Cryptocurrency exchange Kraken is introducing a new solution for firms looking to gain exposure to the cryptocurrency. Dubbed Kraken Institutional, the new brand aims to...

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Lowe’s Projects Falling Sales as Consumers Put off Remodeling
Lowe’s Projects Falling Sales as Consumers Put off Remodeling
February 27, 2024  |  Earnings

Consumers are forgoing big-ticket home projects, a fact that is cutting into Lowe’s revenue. The home improvement retailer released earnings Tuesday (Feb. 27) that showed sales for its most...

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Hasbro Cuts Costs, Emphasizes Core Products as Toy Sales Dip
Hasbro Cuts Costs, Emphasizes Core Products as Toy Sales Dip
February 27, 2024  |  Retail

In a bid to navigate through tough times, Hasbro is sharpening its focus on cutting costs to revive its toy and game business. Despite a...

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Durable Goods Orders Dropped 6.1% in January
Durable Goods Orders Dropped 6.1% in January
February 27, 2024  |  Economy

New orders for manufactured durable goods declined by 6.1% in January. Orders dropped by $18 billion to $276.7 billion during the month, the U.S. Census...

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Macy’s Shuttering 150 Stores With Shoppers ‘Still Under Pressure’
Macy’s Shuttering 150 Stores With Shoppers ‘Still Under Pressure’
February 27, 2024  |  Retail

Macy’s plans to close 150 of its stores as it focuses on its luxury brands. The department store chain made this announcement Tuesday (Feb. 27) as it released quarterly...

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Netflix Stops Accepting Payments Through iTunes Subscriptions
Netflix Stops Accepting Payments Through iTunes Subscriptions
February 27, 2024  |  Streaming

Netflix has begun requiring subscribers with Apple iTunes billing plans to pay Netflix directly. All “members on the basic plan who were using an iTunes...

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Enfuce Wins eMoney License From British Regulator
Enfuce Wins eMoney License From British Regulator
February 27, 2024  |  Digital Banking

Finland-based payment processor Enfuce is expanding its operations in the United Kingdom. The FinTech said in a Tuesday (Feb. 27) press release that it received...

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Bitcoin Hits 2-Year High as Large Investors Enter Market
Bitcoin Hits 2-Year High as Large Investors Enter Market
February 27, 2024  |  Cryptocurrency

Bitcoin continued its rise, hitting a two-year high Tuesday (Feb. 27) and surpassing $57,000 as big buyers flock to the cryptocurrency market. The digital currency...

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EU: Microsoft-Mistral Deal Needs Further Investigation
EU: Microsoft-Mistral Deal Needs Further Investigation
February 27, 2024  |  Partnerships

European regulators are taking a closer look at Microsoft’s new partnership with Mistral. The tech giant announced Monday (Feb. 26) that it planned to make...

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