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Morgan Stanley Sheds 2,500 Employees in Companywide Layoffs

Morgan Stanley Sheds 2,500 Employees in Companywide Layoffs
Morgan Stanley Sheds 2,500 Employees in Companywide Layoffs
March 05, 2026  |  Personnel

Morgan Stanley announced Thursday (March 5) that it would reduce its global workforce by about 2,500 employees, or roughly 3% of its total staff, according...

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Target Challenges Retail Rivals With 300-Store Growth Plan
Target Challenges Retail Rivals With 300-Store Growth Plan
March 05, 2026  |  Retail

Target plans to open seven new stores this month, more than 30 this year and 300 by 2035 to support growth priorities outlined Tuesday (March...

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Splitit and Google Prepare Installment Payments for AI Shopping Agents
Splitit and Google Prepare Installment Payments for AI Shopping Agents
March 05, 2026  |  Artificial Intelligence

Splitit aims to make flexible payment options part of agentic commerce through its support of Google’s Universal Commerce Protocol (UCP). Get the Full Story Complete...

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The Payment Frictions Costing SMBs Their Cash Flow
The Payment Frictions Costing SMBs Their Cash Flow
March 05, 2026  |  SMBs

People tend to gravitate toward what’s easy and familiar. Businesses typically do the same. Get the Full Story Complete the form to unlock this article...

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Bankers Tell Lawmakers Fraud Is Growing Faster Than Defenses
Bankers Tell Lawmakers Fraud Is Growing Faster Than Defenses
March 05, 2026  |  Cybersecurity

Bank executives appearing before a House Financial Services subcommittee Thursday (March 5) delivered a blunt message. Get the Full Story Complete the form to unlock...

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Elon Musk Says Tesla’s Robots Could One Day Reach AGI-Level Intelligence
Elon Musk Says Tesla’s Robots Could One Day Reach AGI-Level Intelligence
March 05, 2026  |  Artificial Intelligence

Tesla CEO Elon Musk said the company could eventually build humanoid robots capable of artificial general intelligence (AGI), according to a report published Thursday (March...

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Banks Target June for New Swift Cross-Border Retail Payment Launch
Banks Target June for New Swift Cross-Border Retail Payment Launch
March 05, 2026  |  Cross-border Payments

A new Swift payments framework for retail transactions will begin its rollout by the end of June. Get the Full Story Complete the form to...

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Fast Food Chains Put AI to Work
Fast Food Chains Put AI to Work
March 05, 2026  |  Artificial Intelligence

Quick-service restaurants have been among the most aggressive corporate adopters of artificial intelligence (AI), deploying the technology as an operational tool to defend margins in...

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