FTC Files Lawsuit Against Burgerim Franchise Over False Business Claims

FTC Files Lawsuit Against Burgerim Franchise Over False Business Claims
FTC Files Lawsuit Against Burgerim Franchise Over False Business Claims
February 08, 2022  |  Legal

The Federal Trade Commission (FTC) has filed a lawsuit against hamburger franchise Burgerim, saying it falsely represented itself to those who wanted to own a...

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Meta Files Lawsuit Over Financial Services Phishing Scam
Meta Files Lawsuit Over Financial Services Phishing Scam
February 08, 2022  |  Meta

Meta has teamed with a financial services company to file a joint lawsuit against two Nigerian individuals for engaging in fraudulent activity, according to a...

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US Household Debt Increased $333B in Q4 of 2021
US Household Debt Increased $333B in Q4 of 2021
February 08, 2022  |  Debt

Total U.S. household debt increased 2.2%, or $333 billion, to $15.58 trillion in the fourth quarter of 2021, according to a Tuesday (Feb. 8) press...

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Today in Food Commerce: Consumers Report Loyalty to eGrocers; Chipotle Enjoys Order-Ahead Strength
Today in Food Commerce: Consumers Report Loyalty to eGrocers; Chipotle Enjoys Order-Ahead Strength
February 08, 2022  |  Retail

Today in food commerce, PYMNTS research reveals that today’s grocery shoppers are more loyal to digital merchants than to brick-and-mortar, and Chipotle Mexican Grill continues...

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House Committee Voices Concerns Over Stablecoin’s Effect on Dollar
House Committee Voices Concerns Over Stablecoin’s Effect on Dollar
February 08, 2022  |  Cryptocurrency

Today’s stablecoin hearing in front of the House Financial Services Committee wasn’t about stablecoins, per se, but rather the administration’s recent report on how to...

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Digital Order-Ahead Accounted for About 20% of Chipotle’s Sales in Q4
Digital Order-Ahead Accounted for About 20% of Chipotle’s Sales in Q4
February 08, 2022  |  Earnings

For Chipotle Mexican Grill, 2021 was another year of major digital growth. The Newport Beach, California-based fast-casual chain, which has nearly 3,000 locations across five...

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Velodyne Lidar Shares Rise After Amazon Investment
Velodyne Lidar Shares Rise After Amazon Investment
February 08, 2022  |  Investments

Velodyne Lidar’s stock surged over 50% in extended-hours trading after the company reported that Amazon had made an investment, The Wall Street Journal reported Monday...

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Cars.com to Snap Up Accu-Trade to Enter Digital Wholesale Sector
Cars.com to Snap Up Accu-Trade to Enter Digital Wholesale Sector
February 08, 2022  |  Acquisitions

Automotive marketplace platform Cars.com is finalizing a deal to acquire 100% of the assets of Accu-Trade for $65 million in cash at closing, with the...

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Sber, na_pokje Roll out B2B Installment Payments
Sber, na_pokje Roll out B2B Installment Payments
February 08, 2022  |  B2B Payments

Russia state-owned bank Sber and wholesale marketplace na_polke have debuted Business Purchase in Installments for wholesale buyers, according to a Tuesday (Feb. 8) press release....

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