News

Market Conditions
Brexit Stock Shock Part Deux — This Time from the American Election?
November 07, 2016

Sure, all eyes are on the election. But come Wednesday, what will we all talk about? All the negativity will be gone. The markets will cheer. We will, as a nation, be able to build and climb, with prosperity in the works for all. Get...

News
Whole Foods’ Big Top-Down Changes
November 07, 2016

Wallis Simpson — the American divorcee behind King Edward VIII’s abdication of the English throne — is famously quoted as having said that, for women, “it is impossible to be too thin or too rich.” While one might think to argue with at least one...

Retail
Starbucks CEO Howard Schultz Talks Retail, Election And ‘Amazon Effect’
November 07, 2016

Starbucks CEO Howard Schultz recently shared his thoughts with GeekWire about recent trends in consumer behavior, how they relate to the U.S. election, what he calls the “Amazon effect” and how Starbucks will stay ahead. Get the Full Story Complete the form to unlock this article and enjoy...

PYMNTS Daily Data Dive: Kohl’s To Sell Apple Watch
November 07, 2016

Kohl’s is gearing up to sell Apple Watches at 400 of its 1,100 stores starting November 15. The department store hopes to lure more affluent shoppers and increase traffic. The news comes just a few weeks after Macy’s announced it would sell Apple Watches at...

Security & Fraud
Fraud Scare Blocks Thousands Of Tesco Bank Cards
November 07, 2016

Thousands of customer cards have been blocked after Tesco Bank’s fraud system detected suspicious activity, reported HuffPost Business. Concerned account holders took to social media to alert Tesco. Others reported losing funds and being on hold for hours. Get the Full Story Complete the form to...

International
Russia Wants To Create A Payment System That Works With China
November 07, 2016

Russia is reportedly aiming to create a mutually compatible payments system with China in an effort to reduce the risk of more sanctions from the West, reported Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Artificial Intelligence
Upcoming Samsung Galaxy S8 To Have AI Assistant
November 07, 2016

Samsung announced Sunday (Nov. 6) that the new Samsung Galaxy S8 smartphone would launch with an artificial intelligence digital assistant, according to Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Investments
Wish Is Raising $500 Million; Gives It A Valuation of More Than $3.5B
November 07, 2016

Wish, the company behind the popular shopping app Wish, is raising around $500 million in a new round of funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Investments
Freshdesk Raises $55 Million In VC Round
November 07, 2016

Freshdesk, the provider of cloud-based customer engagement software, announced Friday (Nov. 4) a $55 million round of venture funding. 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...