News

IPO
Johnson & Johnson Prepares to Test IPO Waters
April 23, 2023

Johnson & Johnson is reportedly readying an investors roadshow to take its commercial healthcare unit public. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

Banking
First Citizens to Woo Startups and Rebuild SVB Business Model
April 23, 2023

Silicon Valley Bank’s new owner faces two challenges: improving business while restoring the bank’s reputation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Regulation
UK Wants New Regulator to Tackle Big Tech
April 23, 2023

The U.K. is creating a regulator overseeing tech giants like Amazon and Google. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Retail
Bed Bath & Beyond Bankruptcy Blamed on Private Label Strategy
April 23, 2023

Bed Bath & Beyond has declared bankruptcy months after warning about its future. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Retail
Luxury Retailers Like Saks and Gucci Lean Into Exclusivity
April 22, 2023

Luxury retailers are promoting exclusivity as a way to focus on their core customers and keep them engaged. Following in the footsteps of iconic brands like Hermès, retailers such as Saks and Gucci have launched efforts that cater to their top clients. Get the Full...

Regulation
FSOC Approves Proposals Focused on Countering Potential Risks to Stability
April 21, 2023

The Financial Stability Oversight Council (FSOC) of the U.S. Treasury announced two proposals to counter potential risks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

Ridesharing
Lyft to ‘Significantly Reduce’ Workforce April 27 as It Restructures
April 21, 2023

Lyft will “significantly reduce” the size of its workforce next week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...

Retail
Online Grocery Is a Blessing and a Curse for Walmart
April 21, 2023

Walmart’s online grocery sales growth could take a toll on the rest of the business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Artificial Intelligence
SAP Reportedly Plans to Launch ChatGPT-Powered Use Cases in May
April 21, 2023

SAP plans to add generative artificial intelligence (AI) and other AI tools to its offerings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...