Editor’s Picks

Talks Over Termination Fee May Threaten Grubhub-Uber Deal

Talks Over Termination Fee May Threaten Grubhub-Uber Deal
Talks Over Termination Fee May Threaten Grubhub-Uber Deal
June 02, 2020  |  Partnerships

Another major obstacle has emerged in Uber’s bid to buy Grubhub: The food-delivery service wants a big payoff if federal regulators nix the deal. Get...

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Apple Jumps Into Price Cuts As China Reopens Economy
Apple Jumps Into Price Cuts As China Reopens Economy
June 02, 2020  |  Apple

China is launching a great reopening of its economy. Apple wants to get a big slice of consumers’ dollars. Get the Full Story Complete the...

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Stitch Fix Announces Layoffs of 1,400 California Stylists
Stitch Fix Announces Layoffs of 1,400 California Stylists
June 02, 2020  |  Retail

As it looks to hire employees in lower-cost states, Stitch Fix Inc. told its approximately 1,400 California-based stylists that they would be laid off. Many...

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Dick’s Sporting Goods Sees eCommerce Sales Surge 110 Pct In Q1
Dick’s Sporting Goods Sees eCommerce Sales Surge 110 Pct In Q1
June 02, 2020  |  Retail

As consolidated same-store sales dropped nearly 30 percent fueled by temporary store closures due to the coronavirus, Dick’s Sporting Goods reported that eCommerce sales jumped...

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Western Union: C2C Digital Transactions Hit 10-Year Record High For May
Western Union: C2C Digital Transactions Hit 10-Year Record High For May
June 02, 2020  |  Digital Payments

Western Union Co. said that while the payment platform saw transactions fall by 30 percent at the peak of the coronavirus pandemic in March and...

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India’s BHIM Payments Site May Have Exposed 7 Million Users’ Data
India’s BHIM Payments Site May Have Exposed 7 Million Users’ Data
June 02, 2020  |  Cybersecurity

India’s BHIM payment app has reportedly accidentally exposed the personal data of 7 million users, including addresses, scans of Aadhar IDs and caste certificates, according...

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Starbucks Offers Leave Of Absence For Baristas Facing Fewer Hours 
Starbucks Offers Leave Of Absence For Baristas Facing Fewer Hours 
June 02, 2020  |  Personnel

Starbucks is offering its baristas a voluntary leave of absence program for employees impacted by trimmed work schedules amid the COVID-19 pandemic, the company told...

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Visa: May Payments Volume Shows Slide Slowing
Visa: May Payments Volume Shows Slide Slowing
June 01, 2020  |  VISA

Visa‘s total U.S. payments volume in May declined slower than the previous two months, which could be indicative of a slight economic recovery as consumers...

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