Editor’s Picks

Slimmed-Down Albertsons IPO Raises $800M

Slimmed-Down Albertsons IPO Raises $800M
Slimmed-Down Albertsons IPO Raises $800M
June 26, 2020  |  IPO

The long-awaited initial public offering (IPO) of Idaho-based grocery chain Albertsons went ahead on Friday (June 26) after often-fraught years of planning. Now trading on...

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Amazon Ups Ante In India With ‘Smart Stores’ Initiative
Amazon Ups Ante In India With ‘Smart Stores’ Initiative
June 26, 2020  |  Amazon

Amazon is escalating its push into India with a new “Smart Stores” initiative aimed at spreading its reach into the country’s massive retail market. Get...

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Microsoft To Shutter Brick-And-Mortar Stores In ‘Strategic Change’
Microsoft To Shutter Brick-And-Mortar Stores In ‘Strategic Change’
June 26, 2020  |  Retail

Microsoft is shuttering brick-and-mortar locations as it unveils a “strategic change” in the way it runs its retail business. The technology firm’s retail staffers will...

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Kanye West Collaborates With Gap On YEEZY Apparel Line
Kanye West Collaborates With Gap On YEEZY Apparel Line
June 26, 2020  |  Retail

To bring apparel to consumers in a new YEEZY Gap line, Kayne West is collaborating with Gap through a partnership unveiled on Friday (June 26)....

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Mastercard, Visa Said To Rethink Wirecard Deals Amid Accounting Scandal
Mastercard, Visa Said To Rethink Wirecard Deals Amid Accounting Scandal
June 26, 2020  |  Security & Fraud

Mastercard and Visa are considering ending their agreements with Wirecard to process payments on their networks as the German financial technology company’s accounting scandal unravels,...

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Amazon Reportedly Adding Driverless Car Maker Zoox To Its Portfolio For $1.2B 
Amazon Reportedly Adding Driverless Car Maker Zoox To Its Portfolio For $1.2B 
June 26, 2020  |  Amazon Acquisitions

Amazon will pay more than $1.2 billion to acquire Zoox, the Foster City, Calif., self-driving technology company, the Financial Times (FT) reported.  Get the Full Story...

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European Union To Investigate German Regulator Over Wirecard
European Union To Investigate German Regulator Over Wirecard
June 26, 2020  |  Security & Fraud

The Wirecard scandal surrounding the German payment processor missing $2.1 billion has spilled over the border to Belgium. Get the Full Story Complete the form...

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WhatsApp, Brazil Central Bank In Talks To Restore Payments Service
WhatsApp, Brazil Central Bank In Talks To Restore Payments Service
June 26, 2020  |  Digital Payments

WhatsApp, after Brazil’s central bank shut down its payment functions in the country earlier this week, has signaled that it could work things out soon,...

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MoneyGram Teams With Digital Financial Services For Cross-Border Money Transfers
MoneyGram Teams With Digital Financial Services For Cross-Border Money Transfers
June 25, 2020  |  Cross-border Payments

MoneyGram will partner with Digital Financial Services in order to help facilitate cross-border transfers involving digital wallets in the United Arab Emirates, according to a...

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