News

View the latest news and breaking news today for Payments, Commerce, Retail, Mobile Order, and Technology at PYMNTS.com

Source: pymnts.com

House Set to Examine the Future of US Stablecoins
House Set to Examine the Future of US Stablecoins
April 16, 2023  |  Cryptocurrency

U.S. lawmakers this week will hold hearings that could decide the future of stablecoins. Get the Full Story Complete the form to unlock this article...

READ MORE >
CVC-Network International Deal Reportedly Worth $2.5 Billion
CVC-Network International Deal Reportedly Worth $2.5 Billion
April 16, 2023  |  Acquisitions

CVC Capital Partners is reportedly in advanced talks to purchase Network International for at least £2 billion ($2.5 billion). Get the Full Story Complete the...

READ MORE >
Nordstrom Walks Back on Luxury and Leans Into Deep Discounts
Nordstrom Walks Back on Luxury and Leans Into Deep Discounts
April 15, 2023  |  Retail

Following its recent earnings report in early March, fashion retailer Nordstrom has announced the upcoming launch of nine additional stores for its Nordstrom Rack off-price...

READ MORE >
Best Buy Eliminates Hundreds of In-Store Consultant Roles
Best Buy Eliminates Hundreds of In-Store Consultant Roles
April 14, 2023  |  Retail

Best Buy has reportedly eliminated hundreds of roles in its brick-and-mortar stores. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

READ MORE >
Amazon Eyes TV, Movie Projects for MGM Titles Like ‘Legally Blonde’ and ‘Robocop’
Amazon Eyes TV, Movie Projects for MGM Titles Like ‘Legally Blonde’ and ‘Robocop’
April 14, 2023  |  Amazon

A year after acquiring MGM, Amazon Studios reportedly looks at new projects based on its intellectual property. Get the Full Story Complete the form to...

READ MORE >
Elon Musk Is Creating an OpenAI Competitor
Elon Musk Is Creating an OpenAI Competitor
April 14, 2023  |  Artificial Intelligence

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >
SBA Lifting Moratorium on Licensing New Small Business Lending Companies
SBA Lifting Moratorium on Licensing New Small Business Lending Companies
April 14, 2023  |  Digital Banking

Non-federally chartered banks will soon be able to make Small Business Administration (SBA) loans. Get the Full Story Complete the form to unlock this article...

READ MORE >
Retail Sales Data: Consumers Reconsider Their ‘Essential’ Purchases
Retail Sales Data: Consumers Reconsider Their ‘Essential’ Purchases
April 14, 2023  |  Retail

In retail, get ready for the “big reconsideration.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

READ MORE >
Subway Draws Closer to Sale as Restaurant Industry Recovers
Subway Draws Closer to Sale as Restaurant Industry Recovers
April 14, 2023  |  Restaurant Roundup

This week in restaurants, Subway gets closer to selling, and eateries’ sales and workforces grow. Get the Full Story Complete the form to unlock this...

READ MORE >