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Chipotle Says Value Keeps Customers Coming Back Despite Rising Prices
Chipotle Says Value Keeps Customers Coming Back Despite Rising Prices
April 24, 2024  |  Earnings

Higher prices at Chipotle haven’t kept customers from visiting and spending at the fast-casual restaurant. They’re doing so because of value, executives said during the company’s quarterly...

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Report: FDIC Seeking Buyers for Republic First Bancorp
Report: FDIC Seeking Buyers for Republic First Bancorp
April 24, 2024  |  Banking

The Federal Deposit Insurance Corp. (FDIC) is reportedly in talks with potential buyers for Republic First Bancorp., a Philadelphia regional bank that does business as Republic Bank. The...

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Razorpay and Airtel Payments Bank Partner on UPI Infrastructure
Razorpay and Airtel Payments Bank Partner on UPI Infrastructure
April 24, 2024  |  Partnerships

Razorpay has launched its own Unified Payments Interface (UPI) infrastructure in partnership with Airtel Payments Bank. The new infrastructure, UPI Switch, boost success rates by 4% to 5%; handles...

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Stripe Co-Founders Say They’re Building ‘Software-Defined Financial Services’
Stripe Co-Founders Say They’re Building ‘Software-Defined Financial Services’
April 24, 2024  |  Fintech Investments

Today’s customers of the FinTech industry are no longer asking just for ways to accept online payments; they’re asking for “software-defined financial services.” So said Stripe co-founders Patrick...

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Apple’s Marketing Head for Vision Pro Retires
Apple’s Marketing Head for Vision Pro Retires
April 24, 2024  |  Apple

Apple’s head of marketing for its new headset, the Vision Pro, has retired from his role.  Frank Casanova has worked at the Big Tech firm for 36...

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UnitedHealth Group Shutting Down Optum Virtual Care Telehealth Business
UnitedHealth Group Shutting Down Optum Virtual Care Telehealth Business
April 24, 2024  |  Healthcare

UnitedHealth Group is shutting down its Optum Virtual Care telehealth business. Employees were notified of the shutdown on Thursday (April 18), and some were told that their last day...

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Walmart Investors Expect Stiffer Competition in Grocery Sector From Amazon
Walmart Investors Expect Stiffer Competition in Grocery Sector From Amazon
April 24, 2024  |  Retail

Investors reportedly expect increased competition in the grocery sector after Amazon’s announcement Tuesday (April 23) of a new grocery delivery subscription benefit. Walmart and Kroger shares declined 1.8% and...

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Square and Cash App Collaborate on Bitcoin Conversions for Sellers
Square and Cash App Collaborate on Bitcoin Conversions for Sellers
April 24, 2024  |  Cryptocurrency

Block ecosystems Square and Cash App have begun rolling out a feature that will allow eligible Square sellers to automatically convert a portion of their daily sales to bitcoin with...

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Uber for Business Adds ‘Delegate Profiles’ for Executive Assistants
Uber for Business Adds ‘Delegate Profiles’ for Executive Assistants
April 24, 2024  |  Ridesharing

Uber for Business has designed a new tool to make it easier for executive assistants (EAs) to arrange corporate travel.  The company’s new delegate profiles enable EAs...

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