Uber’s First Investors Could Make About $1.3B From IPO
Uber’s First Investors Could Make About $1.3B From IPO
April 26, 2019  |  Investments

The earliest investors in ride-hailing company Uber are looking to sell about $1.3 billion in shares during the company’s initial public offering (IPO) next month,...

READ MORE >
Moody’s: Auto Loans Improve, Credit Cards And Mortgages Stable
Moody’s: Auto Loans Improve, Credit Cards And Mortgages Stable
April 26, 2019  |  Banking

Moody’s Investors Service has released its Q1 report on consumer loans and their performances for the biggest U.S. retail banks. The loans includes auto, credit...

READ MORE >
The Case Of The $850 Million (Alleged) Crypto Fraud
The Case Of The $850 Million (Alleged) Crypto Fraud
April 26, 2019  |  Security & Fraud

Cryptocurrencies have had a rough week of it, evidenced by a double-digit percentage drop in bitcoin, arguably the marquee name in the space. Get the...

READ MORE >
Wells Fargo Hires Headhunter For CEO Search
Wells Fargo Hires Headhunter For CEO Search
April 26, 2019  |  Personnel

Wells Fargo has hired executive search firm Spencer Stuart to search for a new CEO. The banking giant wants to hire a woman who can...

READ MORE >
Starbucks CEO: Competitors’ Discounting In China Unsustainable
Starbucks CEO: Competitors’ Discounting In China Unsustainable
April 26, 2019  |  Retail

As Luckin Coffee gears up for an initial public offering (IPO), Starbucks CEO Kevin Johnson believes that the use of discounting by competitors is not...

READ MORE >
Former Heartland CEO Agrees To $250K SEC Fine
Former Heartland CEO Agrees To $250K SEC Fine
April 26, 2019  |  Legal

To settle charges of insider trading, the ex-chief executive of Heartland Payment Systems Inc. agreed to pay a civil fine of $250,628. With his agreement...

READ MORE >
Amazon’s Bitcoin Embrace And Cannabis Burgers Top The Week’s News
Amazon’s Bitcoin Embrace And Cannabis Burgers Top The Week’s News
April 26, 2019  |  News

The end of a busy week provides a chance to catch up on the biggest news from the world of digital payments and commerce –...

READ MORE >
Amazon’s One-Day Shipping Sends Target, Walmart Shares Toppling
Amazon’s One-Day Shipping Sends Target, Walmart Shares Toppling
April 26, 2019  |  Delivery

Amazon announced on Thursday (April 25) that it was going to make one-day shipping standard for all Amazon Prime members. Shares in retail giants Walmart...

READ MORE >
Amazon To Launch Hi-Fi Music Streaming Service This Year
Amazon To Launch Hi-Fi Music Streaming Service This Year
April 26, 2019  |  Amazon

Amazon is preparing to release a high-fidelity music service that would rival major competitors like Spotify, Apple Music and TIDAL, according to reports. Get the...

READ MORE >