HSBC Loses $2.3 Billion On French Bank Sale
HSBC Loses $2.3 Billion On French Bank Sale
June 18, 2021  |  Banking

The British bank HSBC said Friday it has agreed to sell its French retail bank to the Cerebus-backed My Money Group at a loss of...

READ MORE >
Apple Watches, Open Banking, Selfie IDs Top This Week’s News
Apple Watches, Open Banking, Selfie IDs Top This Week’s News
June 18, 2021  |  The Weekender

In this week’s news, we saw a report on future enhancements to the Apple Watch. Also, new insights have emerged on open banking and Selfie...

READ MORE >
Uber Gives $4.5 Million To Small Restaurants
Uber Gives $4.5 Million To Small Restaurants
June 18, 2021  |  Delivery

Uber has distributed $4.5 million to 900 local restaurants around the U.S. as part of its Eat Local Support Effort, the company announced. Get the...

READ MORE >
Juneteenth Celebrations To Help Black-Owned Restaurants Rebuild From Pandemic
Juneteenth Celebrations To Help Black-Owned Restaurants Rebuild From Pandemic
June 18, 2021  |  Restaurant innovation

This Juneteenth, many cities around the United States are holding events to boost local Black-owned restaurants. After all, while interest in Black-owned restaurants spiked in...

READ MORE >
India’s Paytm Plans $3 Billion IPO At Minimum $25 Billion Valuation
India’s Paytm Plans $3 Billion IPO At Minimum $25 Billion Valuation
June 18, 2021  |  IPO

Indian payments platform Paytm is planning an initial public offering (IPO) with plans to raise $3 billion at an estimated $29 billion, a listing that...

READ MORE >
European Startups Have Raised Over $60 Billion, Beating 2020 Record
European Startups Have Raised Over $60 Billion, Beating 2020 Record
June 18, 2021  |  Investments

European startups have raised more capital in the first six months of 2021 than they did in all of last year, CNBC reported Friday (June...

READ MORE >
Dems To JPMorgan: Refund $1.5 Billion In Overdraft Fees Collected During COVID-19
Dems To JPMorgan: Refund $1.5 Billion In Overdraft Fees Collected During COVID-19
June 18, 2021  |  Banking

Democrats in New York sent a letter to JPMorgan Chase CEO and Chairman Jamie Dimon asking that the bank return the $1.5 billion it collected in overdraft...

READ MORE >
Digital Hot Wheels And Other Outside-The-Box Moves To Keep Brands Relevant
Digital Hot Wheels And Other Outside-The-Box Moves To Keep Brands Relevant
June 18, 2021  |  Retail

With its signature products — The Barbie Doll and Hot Wheels cars — hitting the market in 1965 and 1968 respectively, it’s been a while...

READ MORE >
AMZN vs WMT Weekly: Retail Slump Raises Stakes Of Upcoming Sales Events
AMZN vs WMT Weekly: Retail Slump Raises Stakes Of Upcoming Sales Events
June 18, 2021  |  Retail

When it comes to retail sales data, slowing growth or even flat is one thing, but declining — that’s a whole new ballgame. Get the...

READ MORE >