In payments, there are the disruptors — and the risk that the disruptors get disrupted. 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,...
Elon Musk, CEO of Tesla and SpaceX, has purchased a 9% stake in Twitter Inc., sending the mini-blogging social media’s stock to $49.34 per share in premarket trading, a 26% rise, The Wall Street Journal reported Monday (April 4). Get the Full Story Complete the...
Hobbies and habits picked up during quarantine continue to affect consumers’ cooking behavior, according to spices, seasonings and flavorings company McCormick & Company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
As soaring inflation has many consumers anxious about their spending, Darden Restaurants, parent company of Olive Garden and Longhorn Steakhouse, among others, is leveraging its scale to price out smaller brands. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Twice as many electric vehicles (EVs) were sold in 2021 than in the previous year, so a lot of new owners and operators are learning how to live with EVs and keep them charged. Get the Full Story Complete the form to unlock this article...
Video game retailer GameStop Corp.’s shares are up 12% early Wednesday (March 23) after surging more than 30% Tuesday, in part because Chairman Ryan Cohen said he had purchased 100,000 shares of the company’s stock Tuesday (March 22). Get the Full Story Complete the form to...
Online B2B marketplace Xometry saw its revenue increase more than 54% last year after making its debut as a public company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Chinese eCommerce startup Pinduoduo, which is also China’s largest agriculture platform, reported a 3% increase in revenue for the fourth quarter and a 46% increase in gross merchandise value (GMV) for the full year of 2021 compared to the prior year. Get the Full Story...
As of January, FedEx Corp. has seen its volume of shipments grow to more than 110 million every day — more than 40 billion packages every year. The company has handled the surge thanks to planning for the growth several years ago, even though they...
