Editor’s Picks

Klarna Sees 615 Pct Increase In Net Losses

Klarna Sees 615 Pct Increase In Net Losses
Klarna Sees 615 Pct Increase In Net Losses
August 27, 2020  |  Earnings

Klarna, the Swedish-based global payments and by now, pay later (BNPL) provider, reported mixed results for 2020’s first half — a 37 percent jump in...

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Fidelity To Launch Bitcoin Fund For Rich Investors
Fidelity To Launch Bitcoin Fund For Rich Investors
August 27, 2020  |  Bitcoin

News came this week that Fidelity Investments has filed paperwork with the U.S. Securities and Exchange Commission (SEC) to launch a fund focused on bitcoin....

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Report: Lawmakers Frustrated That Treasury Is Sitting On $454B In COVID-19 Aid
Report: Lawmakers Frustrated That Treasury Is Sitting On $454B In COVID-19 Aid
August 27, 2020  |  Politics

Some $454 billion allocated for the federal government’s COVID-19 response remains unused, The Wall Street Journal reported on Thursday (Aug. 27). Get the Full Story...

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Report: Walmart Joins Microsoft On TikTok Bid
Report: Walmart Joins Microsoft On TikTok Bid
August 27, 2020  |  Partnerships / Acquisitions

A new player has entered the high stakes bid to purchase TikTok, the controversial but popular short video sharing app. Get the Full Story Complete...

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New Amazon Halo Squares Off Against Apple Watch In Wearables Market
New Amazon Halo Squares Off Against Apple Watch In Wearables Market
August 27, 2020  |  Retail

Amazon squared off against Apple on Thursday (Aug. 27) in dramatic fashion. The marketplace powerhouse entered the wearables market with a wristband device that tracks...

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1-800-Flowers.com Reports Record Sales In Q4 And For The Year
1-800-Flowers.com Reports Record Sales In Q4 And For The Year
August 27, 2020  |  Earnings

The COVID-19 pandemic may have spurred Americans to purchase flowers for ailing friends and family. Get the Full Story Complete the form to unlock this...

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U.S. Jobless Claims Exceed 1M Again, Number Down From Previous Week
U.S. Jobless Claims Exceed 1M Again, Number Down From Previous Week
August 27, 2020  |  Economy

The number of Americans who filed for jobless claims exceeded 1 million last week, but it was down slightly compared to the previous week, the...

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TikTok CEO Quits Amid Controversy
TikTok CEO Quits Amid Controversy
August 27, 2020  |  Personnel

After being on the job for just 90 days, TikTok CEO Kevin Mayer said he will quit as the popular short video sharing company gets...

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Amazon To Open First Los Angeles Amazon Fresh Supermarket With Smart Carts
Amazon To Open First Los Angeles Amazon Fresh Supermarket With Smart Carts
August 27, 2020  |  Amazon Commerce

Ready to do battle with supermarket giants Kroger Co. and Albertsons Cos. Inc. in the $900 billion U.S. grocery industry, Amazon will open a Los Angeles supermarket this...

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