April 10, 2024
Will Virtual Card Numbers Spark a Rush to Spend Apple...

For Apple — and as been seen already with Block (formerly Square) — the drive is to get consumers to spend the cash, rather than just bank it. Apple, of...

April 09, 2024
McConnell Advocates for TikTok’s US Divestiture

US Senate Republican Leader Mitch McConnell has made a significant call for legislation that would require the parent company of TikTok, ByteDance, a China-based firm, to divest the popular short...

April 05, 2024
Stord Acquires ProPack to Expand Fulfillment Network for Omnichannel Brands

Stord has acquired ProPack Logistics to expand its fulfillment network throughout the United States and Canada. ProPack, which provides fulfillment services for the nutrition and supplement product industry, has six temperature-controlled warehouses across...

April 03, 2024
Uber Eats and Waymo Roll Out Autonomous Delivery in Phoenix

Uber is expanding its Phoenix-based partnership with autonomous vehicle company Waymo. The company announced Wednesday (April 3) that it is now offering Uber Eats deliveries in the Arizona capital via Waymo vehicles. “Starting today...

April 01, 2024
Block Gains Flexibility With Latest Amendment to Revolving Credit Agreement

Block has entered into the eighth amendment to its revolving credit agreement with its lenders and the administrative agent, Goldman Sachs Bank USA. This amends a revolving credit facility that dates back...

March 27, 2024
Systematic National Evidence of Steering by Real Estate Agents

Policymakers have long worried that real estate agents steer their buyer clients away from properties that pay buyer agents low commissions. They consider commission-based steering a key reason why U.S....

March 27, 2024
Banks Embrace the Digital Age to Become Financial Service Aggregators...

Jim McCarthy, CEO of Thredd, said in a recent interview that banks have to break down their walled gardens to give customers what they truly want. “Most of the world...

March 25, 2024
Saks Fifth Avenue Faces Antitrust Battle in New York Court

In a heated courtroom showdown on Monday, Saks Fifth Avenue clashed with both its own employees and the US Justice Department in a bid to uphold the dismissal of a...

March 25, 2024
Will Walmart’s ‘Walmarche’ Strategy Lure High-Income Shoppers?

Last Saturday (March 23), legendary fashion designer Diane Von Furstenberg made her exclusive collection of 200 clothing, baby and household items available for shoppers to buy at Target. DVF, who...