In today’s top news, economists say the U.S. economy could take two years to recover, and Google faces a lawsuit in Australia over its use of personal data. Plus, Wells Fargo will be cutting costs in response to the financial crisis. Get the Full Story...
Under Armour is facing possible enforcement action by the U.S. Securities and Exchange Commission (SEC) over allegations the retailer tried to bolster its bottom line by pushing forward sales numbers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Uber Eats and Carrefour, the French supermarket and department store under one roof, announced an agreement covering deliveries beyond Paris and in Belgium. 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...
Chalk up another major deal for blank check companies, one of Wall Street’s hottest new trends, with online gambling and sports betting company Rush Street Interactive’s announcement that it will be going public. Get the Full Story Complete the form to unlock this article and...
Amazon said on Monday (July 27) that helping to feed America’s needy during the pandemic by donating delivery services is part of its overall commitment to charity. In a press release, the company said it had “delivered more than six million meals with 7.4 million...
“Given the seismic shift to digital, the COVID-19 pandemic is forcing retail to achieve innovation in three to six months that would otherwise have taken three to five years. Payments need to go where consumers expect them now, too.” Get the Full Story Complete the...
As five dozen suitors with the backing of more than 130 investors have lined up to buy what’s left of Wirecard AG, the German payment company’s stocks soared by as much as 37.5 percent in Frankfurt on Monday (July 27) — the steepest gain since...
Walgreens Boots Alliance Inc. CEO Stefano Pessina is stepping down, the company announced on Monday (July 27). 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...
Retailers are starting to pay the rent. A new report from the National Association of Real Estate Investment Trusts (NAREIT) shows that rent collections for free-standing and shopping mall-focused real estate investment trusts (REITs) gained ground in July on top of gains in June. The...
