Indicating a tightening labor market, the U.S. unemployment rate dropped to 3.8 percent amid higher-than-expected payroll gains. That decrease brings the unemployment rate to its lowest point in 18 years, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy...
They say the definition of insanity is doing the same thing over and over, expecting different results. That doesn’t fly in today’s fast-moving and competitive retail world, and smart executive teams know it — which may be why so many of them have been switching...
Seattle-based retail giant Zulily has a new president: former Amazon executive and Shopbop CEO Jeff Yurcisin. 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...
Wells Fargo announced on Tuesday (May 22) that Steve Ellis, head of the innovation group, will retire after nearly 31 years with the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Paul Finch, the CEO of Early Warning Services, which launched P2P payment network Zelle last year, announced that he will leave the company in 2019. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Instacart, the on-demand grocery delivery service, has named David Hahn as its new chief product officer. 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...
In a regulatory filing, Snap Inc. disclosed that the company’s chief financial officer Drew Vollero is leaving his role. Tim Stone, an Amazon executive, will be his replacement, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Suzanne Greco is leaving her position as chief executive of Subway. She will be replaced by Trevor Haynes in the interim, who leads business development for the company, Fortune reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
In the gig economy, high turnover means heavy lifting for firms seeking the right candidate. And with rules and regulations governing various service industries — from finance to ride-hailing — background checks are part of the hiring job of hiring. Get the Full Story Complete...
