U.S. retail stocks took a beating in trading Tuesday (November 20), with the group losing around $50 billion in value as a lackluster earnings season raised more concerns about the impact Amazon is having on traditional retailers. Get the Full Story Complete the form to...
Blue Apron has indefinitely stopped its pilot program with Costco, just a few months after it launched. 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...
A new proposal shows that the U.S. government is looking to find a way to regulate artificial intelligence (AI) so other countries can’t use the technology against it. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Drugstore owner Walgreens Boots Alliance is in preliminary discussions with health insurer Humana about possibly taking equity stakes in each other. The companies already have a partnership that serves seniors from two Walgreens locations. Now, citing sources familiar with the matter, The Wall Street Journal (WSJ)...
Experts are predicting big things for the 2018 holiday shopping rush. 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 daily newsletter, PYMNTS Today. By completing this...
It’s the age of algorithms, but not all algorithms are the same — and not all of them constitute true AI. A new PYMNTS report finds that FIs have adopted various forms of machine learning, but that AI's deployment remains low. What will it take...
Citi’s Treasury and Trade Solutions (TTS) announced that it has expanded its Citi Payment Insights offering to more than 20 new markets, making it available in more than 70 markets. Launched in July, Citi Payment Insights provides real-time payments visibility, including processing status and timelines,...
Target’s stock price slid sharply and suddenly when the firm announced its results for the third quarter, falling 9 percent as the retailer announced a somewhat mixed result for the quarter. Despite the largely so-so result, Target went into its call with investors looking to...
Careem, the leading ride-sharing rival to Uber in the Middle East, is aiming to raise between $100 million and $200 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
