Three families of victims slain in a mass shooting incident are suing Walmart, claiming that the retailer behaved negligently when selling ammunition to a customer who was both underaged and intoxicated. Pennsylvania law requires ammunitions and handguns to only be sold to customers who are...
Walgreens’ latest earnings are in — and the news was more or less favorable. 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...
While most large department stores spent the week reporting down numbers — notably Nordstrom and Macy’s — and taking a beating in the stock market, J.C. Penney seems to be bucking the trend. Despite its recent reputation for being one of retail’s longest ailing former greats, JCP...
Investors’ interest in FinTech could be disintegrating. The latest research from CB Insights revealed that, despite a year of FinTech unicorns — startups valued at $1 billion and up — just nine technology firms earned that label in 2015’s fourth quarter, compared with 23 unicorns that emerged...
Getting back to the grind after a few weeks of holiday fun and relaxation is tough for anyone. But for thousands of HSBC customers, the start of the new year was especially brutal as the bank’s online personal banking service was knocked offline amid technological glitches...
Opus Bank has had a busy week. On Wednesday (Jan. 6), the financial institution announced a new hire to its technology banking unit with the naming of Raed Alfayoumi as its managing director. Get the Full Story Complete the form to unlock this article and...
Last year, the B2B payments industry took a step towards mobility when American Express announced plans to make its commercial cards compatible with Apple Pay. This year, another segment of the corporate card space is following in that path, too. Get the Full Story Complete...
Bank of America Merrill Lynch is looking to take advantage of more lenient regulations in China regarding corporate treasury management. The FI announced Wednesday (Jan. 6) that it has created a new cash pooling program for companies operating in China in a move to help...
The consumer is still chugging along, with undiminished appetite for goods and services, at least in the United States, according to the Bloomberg Consumer Comfort Index. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
