May 31, 2023
Report: ByteDance Among Bidders for Wanda Payments Unit
China’s Dailan Wanda Group is reportedly selling its payments business to boost liquidity. The multinational conglomerate has held discussions about the sale with prospective buyers that include TikTok owner ByteDance,...
May 31, 2023
Thinking Small Might Be Retail’s New Big Trend
Merchants are embracing smaller footprints in a greater effort to cut costs and renew customer focus. Marking a significant shift in retailer strategy, major stores determined to adapt to the...
May 31, 2023
Cross-Market Mergers: Theories of Harm and Limiting Principles
Several studies find evidence of systematic price increases following specific types of “cross-market” hospital mergers and acquisitions—meaning combinations of hospitals that are too far apart to be close substitutes or...
May 30, 2023
Blueground Doubles Size of Rental Platform With Nestpick Purchase
Furnished rental service Blueground says it has acquired fellow housing platform Nestpick. The move, announced Tuesday (May 30), creates an invite-only network of furnished apartment providers, and more than doubles the number of Blueground’s...
May 30, 2023
Banks Expand Teams That Cater to World’s Wealthiest People
Banks are reportedly expanding their efforts to cater to the world’s wealthiest people. J.P. Morgan Chase’s 23 Wall, for example, is a family office that includes about three dozen people catering...
May 29, 2023
Work From Home Forces Retailers to Rethink City Strategies
Consumers not physically employed in offices are spending in locations that are more convenient to them than the city. One man’s meat is another’s poison goes the old saying, which...
May 26, 2023
Chipotle Founder Reportedly Creating Robotic Restaurant as Eateries Tap Automation
With restaurants testing out different automated technologies, trying to get a sense of how much labor they can outsource to machines without compromising on quality or alienating consumers, Chipotle founder...
May 26, 2023
Gainbridge to Launch B2B Insurance-as-a-Service Platform for FinTechs
Gainbridge Insurance Agency will launch a B2B insurance-as-a-service platform for FinTechs later this year. The platform will offer turnkey savings and retirement solutions for FinTechs’ customers, the InsurTech subsidiary of...
May 26, 2023
Realtors Appeal Rejected In Landmark Antitrust Suit
The National Association of Realtors and major brokerages are facing limited options as a significant class action lawsuit approaches trial. A request to overturn the class certification of the Moehrl...
