A federal judge has ruled that Bank of America (BoA) can prioritize its own customers in distributing loans for the $349 billion Paycheck Protection Program (PPP), according to a Bloomberg report posted by Yahoo Finance. Get the Full Story Complete the form to unlock this...
In an effort to provide procurement services innovation, supply chain payment and marketplace company Tradeshift has teamed with global service company Chain IQ, according to an announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The FBI joined the departments of Homeland Security, State and Treasury in issuing a joint advisory on Wednesday (April 15) about increased cyber threats from North Korea. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Apple will start taking orders on Friday (April 17) for its new, smaller, $399 iPhone in a move to reach budget-conscious customers as the COVID-19 pandemic wreaks havoc on paychecks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Airbnb Inc. received a second infusion of cash with a $1 billion loan from institutional investors, the company announced on Wednesday (April 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Amid the coronavirus crisis, Best Buy will put roughly 51,000 domestic hourly store staffers, with the inclusion of almost all part-time employees, on temporary leave starting April 19. The electronics retailer is keeping about 82 percent of its full-time store and field staffers on its...
The U.S. Department of Commerce released its retail sales results for March, showing record-setting declines due to changes in consumer behavior and the COVID-19 lockdown. Overall sales fell 8.7 percent from March, the biggest decline since 1992. With some analysts estimating a 4 to 24...
Companies that do business in the furniture space have to deal with some serious competition. IKEA, Wayfair, Overstock and others are holding down the mass marketplace. That competition has also extended to high-end furniture market, which is starting to show some new activity with Crate...
After hitting a skid from the beginning to the middle of the COVID-19 crisis, online fashion sales have caught fire. A sweep of industry anecdotal evidence — reinforced by exclusive data gathered by PYMNTS — shows the past two weeks have seen a dramatic jump...
