Valvoline, the second largest operator of oil change and auto service locations in the U.S., said Monday (Aug 1) that it sold its global lubricants business in order to become a pure-play retailer focused on faster growth and expansion opportunities at a time when consumers...
With the hiring market more competitive than ever, Amazon is expanding its free college tuition offering to more than 750,000 operations employees across the U.S., covering the cost of classes, books and related fees, according to a company press release Friday (July 29). In total,...
For truckers, every load is a business trip. Rather than buying airfare or Uber or Lyft rides, though, they are paying for heavy truck repairs, towing, parking, truck washes and unloading fees at warehouse facilities. “All of those things traditionally have been very paper-based and...
The goal of any business is to grow. Within the B2B realm, all suppliers want to serve as many buyers as they can as an increasing amount of commerce moves online. At the same time, these suppliers want assurance they can be paid in a...
Payment choice is a good thing that came out of the pandemic, but it’s gotten so complicated that eCommerce players need to optimize now so that complexity doesn’t lead shoppers to abandon their carts en masse. In a conversation with PYMNTS, PayU Chief Technology Officer Ronen Morecki discussed...
There are reportedly “major concerns” among European regulatory officials about the ability to hire specialized staff to help regulate crypto. Authorities worry about how they will be able to supervise digital asset markets. José Manuel Campa, chair of the European Banking Authority, said that organization...
Unilever has seen eCommerce become a driving force in the second quarter, with that now being 14% of turnover — a rise from 6% from 2019, according to half year results released by Unilever on June 26. This came with growth in both the U.S....
Bangladesh-based FinTech Think Big Solutions now offers a digital factoring platform to provide financing solutions for smaller businesses, a news report said Sunday (July 31). TREDX aims to unite small businesses, financial institutions (FIs), corporations and suppliers to create an online marketplace, TREDXonline, for digital...
India-based Yes Bank said it plans to sell up to a 10% stake to U.S. private equity firms Carlyle Group and Advent International for a $1.1 billion price tag, Reuters reported Friday (July 29). The company is exiting a reconstruction plan after two years, and...
