When is a 12 percent gain in a stock – logged in a single day – cause for what might be the investor equivalent of a shoulder shrug? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Trade finance software company komgo has acquired the Trade Finance Exchange Console (TRAFEC), according to a press release. 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...
Heads up before you throw those sneakers out: They might be running a marathon in Tokyo this summer. That’s the upshot of Nike’s recently introduced product line, which features recycled and sustainable materials. The retail angle (outside of Nike’s own stores) is that the company...
New York Stock Exchange owner International Exchange (ICE) said it is no longer going to pursue plans to potentially purchase eBay after investors strongly fought back against the move, according to a report in The Wall Street Journal. Get the Full Story Complete the form...
When mattress company Casper debuted its shares in an initial public offering (IPO) on Thursday (Feb. 6), they rose to a nearly 13 percent above asking price, according to a report by the Financial Times. Get the Full Story Complete the form to unlock this...
Christopher Wray, the director of the FBI, said China wanted to steal U.S. technology by “any means necessary” and that there are about 1,000 related investigations currently ongoing in the country, through its 56 regional offices, according to a report by Reuters. Get the Full...
Business information firm Thomson Reuters is teaming up with global tax company KPMG to offer Australia businesses a solution to deal with fringe benefits taxes (FBT), Thomson Reuters announced Thursday (Feb. 6). Get the Full Story Complete the form to unlock this article and enjoy...
Hester Peirce, a financial regulator at the U.S. Securities and Exchange Commission (SEC), said that tech startups may be able to raise money using digital tokens under current law, but that there would be stipulations, according to a report by Reuters. Get the Full Story...
Chicago-based Signature Bank is rolling out a technology platform called Finrails AP to simplify B2B payments, the company announced on Thursday (Feb. 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...