Capital One reported on Thursday (Oct. 22) that domestic card average loans fell in Q3, as consumers spent less and saved more amid the pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
For restaurants — quick-service restaurants, especially — three Ds are powering sales: delivery, digitally, dining at home. 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...
American Airlines reported on Thursday (Oct. 22) that it had decreased its cash burn rate to roughly $44 million daily in Q3 from roughly $58 million daily in Q2. The airline now forecasts its Q4 cash burn rate to be in the range of $25...
Singapore’s mobile tech giant Grab is seeing solid recovery, with revenue bouncing back to 95% of pre-pandemic levels, according to a Thursday, Oct. 22 Reuter’s report citing a company newsletter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Chipotle Mexican Grill reported on Wednesday (Oct. 21) that digital sales rocketed up 202.5 percent year-over-year to $776.4 million and comprised nearly half of sales in Q3. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
For Netflix, growth — yes, it’s there — but not pandemic-level-stuck-at home growth. 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....
The Procter & Gamble Company reported on Tuesday (Oct. 20) that organic sales in its beauty segment rose 7 percent compared to a year prior, with personal cleansing growing more than 30 percent worldwide for Q1 fiscal year 2021, according to an announcement. Get the...
Call it silver linings — maybe not yet green shoots. But bank earnings are showing that loan loss reserves were more conservative than needed (at least for now) and that in some cases, consumer spending and card activity might be emerging from the most recent...
United Airlines reported Thursday (Oct. 15) that it achieved a $21 million target average daily cash burn as well as $4 million of average debt principal and severance payments daily in the third quarter. Get the Full Story Complete the form to unlock this article...
