Business

Get the latest breaking news and top news headlines at PYMNTS.com

Goldman Takes $400M Hit From Consumer Loans
Goldman Takes $400M Hit From Consumer Loans
September 10, 2024  |  Banking

Goldman Sachs and Barclays are seeking a deal on Goldman’s $2 billion portfolio of loans made to General Motors customers. The deal, if it goes through,...

READ MORE >
Report: OpenAI Considers Making Corporate Structure More Attractive to Investors
Report: OpenAI Considers Making Corporate Structure More Attractive to Investors
August 30, 2024  |  Business

OpenAI is reportedly considering changing its corporate structure to make that structure simpler and more attractive to financial backers. The artificial intelligence (AI) company currently issues...

READ MORE >
Costco to Raise Membership Fees for First Time in 7 Years
Costco to Raise Membership Fees for First Time in 7 Years
July 10, 2024  |  Retail

Costco will raise its annual membership fees in the United States and Canada for the first time in seven years. Effective Sept. 1, in those...

READ MORE >
Esker Adds ESG-Focused Features to Source-to-Pay Platform
Esker Adds ESG-Focused Features to Source-to-Pay Platform
July 09, 2024  |  Legal & Regulation

Esker has expanded its Source-to-Pay (S2P) platform to include new features focused on helping businesses comply with environmental, social and governance (ESG) regulations worldwide. These features...

READ MORE >
UiPath Announces 10% Cut in Staff to Reduce Costs
UiPath Announces 10% Cut in Staff to Reduce Costs
July 09, 2024  |  Personnel

UiPath, a provider of artificial intelligence (AI)-powered enterprise automation technology, said Tuesday (July 9) that it will lay off 10% of its global workforce as...

READ MORE >
5 Metrics to Elevate Your Loyalty Program
5 Metrics to Elevate Your Loyalty Program
July 04, 2024  |  Loyalty & Rewards

Brands use loyalty programs to increase sales, acquire and retain members, enhance the customer experience and create advocates. Return on investment (ROI) is foremost among...

READ MORE >
Amazon Doubles Down on Procurement With New Business-Buyer Solutions 
Amazon Doubles Down on Procurement With New Business-Buyer Solutions 
June 20, 2024  |  Business

When the operating landscape is uncertain and dynamic, businesses must prioritize controlling for what’s controllable. And with the news Thursday (June 20) that Amazon Business,...

READ MORE >
Nuvei Shareholders Approve Previously Announced Go-Private Deal
Nuvei Shareholders Approve Previously Announced Go-Private Deal
June 18, 2024  |  Business

Nuvei has obtained shareholder approval for its previously announced plan for a going private transaction with Advent International. Shareholders approved the special resolution at a...

READ MORE >
Small Business Owners’ Optimism Rises, but Inflation Remains a Problem
Small Business Owners’ Optimism Rises, but Inflation Remains a Problem
June 11, 2024  |  Economy

Small business owners are more optimistic than they’ve been throughout 2024 but they remain less optimistic than they have been historically. The NFIB Small Business...

READ MORE >