eBay CEO Shares Growth Plan As Company Profits From Digital Shift

eBay CEO Shares Growth Plan As Company Profits From Digital Shift
eBay CEO Shares Growth Plan As Company Profits From Digital Shift
July 28, 2020  |  Earnings

The newly stripped-down eBay held its first earnings call on Tuesday (July 28) since announcing plans to sell its classified-ad business to Adevinta for $9.2...

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Airbnb, ClassPass Cry Foul Over Apple’s App Store Commissions
Airbnb, ClassPass Cry Foul Over Apple’s App Store Commissions
July 28, 2020  |  Apple

Apple reportedly sought a commission from ClassPass and Airbnb after the platforms started to offer digital classes due to the pandemic, The New York Times...

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SYSPRO Debuts Integrated Payment Processing Within Its ERP Solution To Help Companies Digitize
SYSPRO Debuts Integrated Payment Processing Within Its ERP Solution To Help Companies Digitize
July 28, 2020  |  B2B Payments

SYSPRO, which works in enterprise resource planning (ERP) solutions, has launched a new payment product that will help businesses get ready for digital B2B payments,...

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EMQ Closes Funding Round With $20M For Cross-Border Tech
EMQ Closes Funding Round With $20M For Cross-Border Tech
July 28, 2020  |  B2B Payments

Asia-based financial settlements network EMQ, which works in cross-border payments, has announced the close of a $20 million Series B funding round led by WI...

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Democrats, Republicans Feud Over Newest Stimulus Plan
Democrats, Republicans Feud Over Newest Stimulus Plan
July 28, 2020  |  Economy

Unlike the CARES Act, which passed Congress in March with bipartisan support to deliver $2 trillion in economic relief to the country, this time Republicans...

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Rocket Mortgage Parent Plans $3.3B IPO
Rocket Mortgage Parent Plans $3.3B IPO
July 28, 2020  |  IPO

Detroit-based Rocket Companies, which owns the Dan Gilbert-founded company Rocket Mortgage, is seeking an initial public offering (IPO) for $3.3 billion, Bloomberg reported. Get the...

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June Air Travel Volume Off 86 Pct From Last Year
June Air Travel Volume Off 86 Pct From Last Year
July 28, 2020  |  Travel Payments

The latest forecast from the International Air Transport Association (IATA) has airlines grappling with reduced demand until at least 2024 – and that’s the best-case...

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Hospitals Ask Congress To Forgive $100B In Medicare Loans
Hospitals Ask Congress To Forgive $100B In Medicare Loans
July 28, 2020  |  Healthcare

U.S. hospitals want Congress to forgive $100 billion in Medicare loans that were made earlier this year to help the healthcare system amid the coronavirus...

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NY Federal Judge Orders Unemployment Payouts For Uber, Lyft Drivers
NY Federal Judge Orders Unemployment Payouts For Uber, Lyft Drivers
July 28, 2020  |  Ridesharing

New Yorkers may soon see a lot of smiles on the faces of Uber and Lyft drivers following a judge’s ruling on Tuesday (July 28)...

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