Editor’s Picks

Germany’s Financial Regulator Exec Won’t Resign Over Wirecard Scandal

Germany’s Financial Regulator Exec Won’t Resign Over Wirecard Scandal
Germany’s Financial Regulator Exec Won’t Resign Over Wirecard Scandal
September 02, 2020  |  Security & Fraud

Despite calls for his resignation in the wake of the Wirecard AG scandal, the president of the German Federal Financial Supervisory Authority (BaFin) has refused to...

READ MORE >
ADP: U.S. Only Gained A Disappointing 428,000 Private-Sector Jobs in August
ADP: U.S. Only Gained A Disappointing 428,000 Private-Sector Jobs in August
September 02, 2020  |  Economy

Private-sector employment went up by 428,000 jobs last month, said the ADP National Employment Report. That’s an improvement over the previous month’s 167,000 jobs, but...

READ MORE >
Macy’s Drops In Q2; Looks Ahead To Q4 With Polaris Strategy
Macy’s Drops In Q2; Looks Ahead To Q4 With Polaris Strategy
September 02, 2020  |  Retail

For Macy’s, second-quarter earnings showed better than expected numbers, but they also made it clear that the pandemic continues to be a draining factor –...

READ MORE >
Amazon Set To Invest $18B To Assist SMBs
Amazon Set To Invest $18B To Assist SMBs
September 02, 2020  |  Retail

After rolling out over 135 free offerings to help merchants grow their sales in its digital store as of the start of this year, Amazon...

READ MORE >
Mastercard, TSYS Team To Expand Installment Payment Offerings
Mastercard, TSYS Team To Expand Installment Payment Offerings
September 02, 2020  |  Buy Now Pay Later

As consumers seek payment options and merchants try to meet the demand, Mastercard announced Wednesday (Sept. 2) that it has partnered with TSYS, a global...

READ MORE >
Amazon India Adds Insurance, Gold To Its Offerings
Amazon India Adds Insurance, Gold To Its Offerings
September 02, 2020  |  Amazon

Amazon.com Inc.’s 100 million registered customers in India now have access to more financial services. Get the Full Story Complete the form to unlock this...

READ MORE >
Chinese Consumers Resume Buying Luxury Brands
Chinese Consumers Resume Buying Luxury Brands
September 01, 2020  |  International

Chinese consumers who have the money to spend are doing exactly that on retail splurges — but that hasn’t translated evenly across all sectors of...

READ MORE >
TikTok Sale Stalls Over Algorithm Uncertainty
TikTok Sale Stalls Over Algorithm Uncertainty
September 01, 2020  |  Partnerships / Acquisitions

After China created new limitations on the export of artificial intelligence (AI) technology, a potential deal for TikTok’s American operations is facing a hurdle as...

READ MORE >
Fed’s Brainard: Additional Stimulus Required To Counter Pandemic Effects
Fed’s Brainard: Additional Stimulus Required To Counter Pandemic Effects
September 01, 2020  |  Economy

A Federal Reserve governor said Tuesday (Sept. 1) that the central bank has to launch initiatives “in coming months” to assist the economy in surmounting...

READ MORE >