A Singapore businessman faces charges of falsifying documents that showed more than 100 million euros ($118 million) in three accounts held on behalf of Wirecard AG, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock this article and enjoy...
Amazon could fill the nation’s shuttered anchor stores as the pandemic contributes to the death of brick-and-mortar retailers. 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...
The bidding to buy TikTok’s U.S. operations took an unexpected turn over the weekend. 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...
The U.S. Department of Justice (DOJ) charged 14 people in two separate investigations into their alleged participation in schemes to defraud the Paycheck Protection Program (PPP) of more than $28 million in forgivable loans guaranteed by the Small Business Administration. Get the Full Story Complete the form...
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In its first public statements about President Donald Trump’s executive order to ban TikTok, the Chinese company said it is “shocked” the edict was issued without due process. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
In today’s top news, Tencent’s stock dropped 10 percent after President Trump banned WeChat, and Uber reported earnings rooted in delivery revenue. Plus, U.S. household debt declined for the first time since 2014. Get the Full Story Complete the form to unlock this article and...
For the Federal Reserve, real-time payments will take time — three or four years’ time, to be specific. 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...
Uber and its newly acquired Postmates have found rapid growth in home delivery of groceries — and potential for much more growth — during the COVID-19 crisis, Uber CEO Dara Khosrowshahi told CNBC this morning. Get the Full Story Complete the form to unlock this...
