Sell on a marketplace or sell in one’s own digital shop? It is a discussion — and, more recently, a robust debate — with those on each side, convinced that their models are the right ones for a digital world. Get the Full Story Complete...
SoftBank’s attempt to raise money for a second large investment fund is running into trouble, with some of the biggest money managers in the world showing little interest. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
More American adults own their homes than rent them – fewer than two-thirds own, while a little over one-third rent. Those numbers have been relatively consistent for the last 40 or so years. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Clothing retailers like the Gap, Canada Goose and Abercrombie & Fitch are all experiencing troubling sales reports, the likes of which haven’t been seen since the Great Recession a decade ago, according to a report by CNBC. Get the Full Story Complete the form to...
A cybersecurity research team at vpnMentor has discovered that The Pyramid Hotel Group, which manages Marriott and other hotel brands, underwent a data leak exposing vulnerabilities that could potentially be used by criminals, the company said in a report. Get the Full Story Complete the...
Margaret Keane, the CEO of Synchrony Financial, the biggest provider of store credit cards, said the card industry will be keeping a close watch on how Goldman Sachs handles its partnership with Apple in regards to the newly announced Apple Card. Get the Full Story...
When money leaves accounts, it’s gotta go somewhere – if not for a transaction, then to another account. 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...
New York City has been trying to reduce traffic congestion by limiting new licenses to ridesharing drivers and making passengers pay an additional congestion fee. The moves did not stop Uber and Lyft from having their biggest month ever, according to Bloomberg. Get the Full...
In an earnings call on Friday (May 31), Uber CEO Dara Khosrowshahi said the company was optimistic about the ride-sharing market and the competition within it. Lyft shares rose following the news, according to a report by CNBC. Get the Full Story Complete the form...
