This week’s eclipse could mark a bright spot for companies in the travel sector. As Reuters reported Friday (April 5), parts of the U.S. that are on the “path of totality” are witnessing unprecedented demand for lodging from eager consumers who want to see the...
Barely a week following the launch of Xiaomi’s highly anticipated electric car, which catapulted the electric vehicle (EV) market into the limelight, other original equipment manufacturers (OEMs) are once again dominating headlines, indicating an ongoing shift in the market landscape. On Thursday (April 4), Swedish automotive...
Foreign exchange brand Travelex says it has launched its online click-and-collect service in Hong Kong. The new offering, announced Wednesday (April 3), lets customers purchase their travel cash in advance online, reserving more than 30 currencies, including the U.S. dollar, the British pound, the Japanese Yen and...
It’s a new era for business, and that means it’s a new era for business travel. And against today’s backdrop, where every dollar of working capital matters, travel spend management is coming under renewed focus. Managing travel expenses has long been a complex and time-consuming...
Electric vehicle manufacturer Canoo disclosed in a Monday (April 1) annual report that its management has identified “substantial doubt” about the company’s ability to continue as a going concern. The company requires additional capital but has found that its ability to raise it could be impaired, according to the...
Following offerings aimed at young drivers, Uber is now reaching out to even younger passengers. More to the point, the parents of those young passengers, with a new service called Uber Car Seat, announced Tuesday (March 26) for customers in America’s two largest cities. “Now available in New...
Jim Scurlock, senior director and assistant treasurer at Expedia, and Larson McNeil, co-head of marketplaces and digital ecosystems at J.P. Morgan Payments, told Karen Webster that the role of the corporate treasurer — especially for platform companies operating across borders — has evolved to include...
The aviation industry stands on the cusp of a significant transformation, driven by the widespread adoption of digital technologies. From booking flights to managing operations and ensuring passenger safety, digitalization can touch every facet of the sector. This shift promises to change the way airlines,...
Findings from a recent New York Times report have brought to light a concerning reality for drivers: their every trip detail, from speeding to sudden braking, is meticulously logged by data brokers. This peek into the extensive monitoring of driving behavior underscores a broader unease among consumers about...