Consumer bank Marcus, launched by Goldman Sachs in 2016, has lost $1.3 billion despite buying startups and building call centers in Utah and Texas, The Wall Street Journal reported Saturday (Sept. 28). Get the Full Story Complete the form to unlock this article and enjoy...
China’s financial markets will stay open and foreign investment will be welcomed even though U.S. President Donald Trump is calling to curtail funds. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Nasdaq is putting the heat on initial public offerings (IPOs) of small Chinese companies, Reuters reported on Sunday (Sept. 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
As the clothing platform encounters multiple supply chain and inventory issues, Rent the Runway isn’t taking on new subscribers or event rentals until Oct. 15 at the soonest. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The benefits of a good night’s sleep can’t be overstated – nor the negative consequences of not getting one. The average human being needs seven to nine hours per night of sleep, and while there is no medical benefit to sleeping more than that average,...
Crypto startup RSK will buy Spanish social media network Taringa in a bid to expand and to gain access to the platform’s 20 million users, according to a report by Forbes. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
There is never a dull moment in the world of payments and commerce, and no matter how hard you work to keep up, it can be easy to miss something. That’s where the PYMNTS Weekender comes in. Coverage this week includes a new Amex financial...
In a move that increases pressure on multinationals, European Union commissioners-designate said the bloc should come to an agreement on a digital tax if a deal doesn’t happen at a worldwide level by the conclusion of 2020. The incoming commissioners also noted their priorities on...
Bertrand Perez, the managing director of the Geneva-based Libra Association, an independent organization meant to oversee Facebook’s proposed digital currency, said that due to regulatory issues, the cryptocurrency might not be released by June of 2020 as proposed. Get the Full Story Complete the form...
