Business

Business
Fed Survey: Businesses Now Face More Uncertainty Than Before Pandemic
December 26, 2024

According to the latest Survey of Business Uncertainty, firms are now more uncertain about their prospects than they were before the pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Business
Report: Kimura Capital Closes Trade Finance Business
December 17, 2024

Kimura Capital is reportedly closing its London-based trade finance business and returning money to investors. 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 newsletter, PYMNTS...

Business
Treasurers Stuck in Neutral as Commuter Transport Sector Speeds Ahead
December 16, 2024

Companies have a lot to consider — the market, their employees, short-term implications, potential outcomes and more. In the mobility industry, the changing nature of how and why entities move means those decision-making processes involve a lot of volatility. And too often sector treasurers are...

Business
Goldman Sachs Head Predicts M&A ‘Pick-up’ in 2025
November 19, 2024

Goldman Sachs Chairman David Solomon has reportedly predicted stronger capital raising under the next Trump administration. 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 newsletter,...

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Nuvei Becomes a Private Company, Keeping Current Owners
November 15, 2024

Canadian FinTech Nuvei has completed its previously announced go-private transaction. 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 newsletter, PYMNTS Today. By completing this form,...

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Vroom Files for Bankruptcy, Says Subsidiaries Not Expected to Follow
November 13, 2024

Automotive finance company and digital services platform Vroom filed for Chapter 11 bankruptcy Wednesday (Nov. 13), saying in a filing with the Securities and Exchange Commission (SEC) that it plans to operate its business as a “debtor-in-possession” under the jurisdiction of the bankruptcy court. Get the Full Story Complete...

Business
Efficient Working Capital Practices Drive Nearly $10M in Bottom Line Benefits for Top North American...
November 13, 2024

The top-performing North American Growth Corporates save nearly $10 million in bottom-line benefits. Why? Smarter working capital strategies play a key role. These firms’ leaders speed up cash cycles, cut borrowing costs and keep suppliers happy — all moves that can give them a real...

Citigroup CEO Jane Fraser: Clients Focused on Launching M&A Activity
November 12, 2024

Pent-up demand for mergers and acquisitions (M&A) activity has been released by the election of Donald Trump, Citigroup CEO Jane Fraser said Tuesday. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Business
Report: Franchise Group Paid $5.7 Million in Bonuses Before Bankruptcy
November 07, 2024

Franchise Group, owner of retailers like Vitamin Shoppe, started off this week by declaring bankruptcy. 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 newsletter,...