PYMNTS News

Hasbro to Cut 900 Positions as Toy Industry Headwinds Continue

Hasbro to Cut 900 Positions as Toy Industry Headwinds Continue
Hasbro to Cut 900 Positions as Toy Industry Headwinds Continue
December 11, 2023  |  Retail

Toy company Hasbro will be laying off another 900 people, about a year after saying it would eliminate 1,000 positions from its global workforce. Get the Full...

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Oracle Shares Fall 8% as Growth Slows in Cloud Computing
Oracle Shares Fall 8% as Growth Slows in Cloud Computing
December 11, 2023  |  Earnings

Oracle’s shares fell about 8% in extended trading Monday (Dec. 11) after the firm reported disappointing sales growth in its cloud computing business. Get the...

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Wrong Product Info and Ratings Drive Auto-Fill Subscription Cancellations
Wrong Product Info and Ratings Drive Auto-Fill Subscription Cancellations
December 11, 2023  |  Subscriptions

Consumers may choose to use auto-fill subscriptions, but they have little tolerance for company mistakes. Get the Full Story Complete the form to unlock this...

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Discover Appoints TD Bank Veteran Michael G. Rhodes as CEO
Discover Appoints TD Bank Veteran Michael G. Rhodes as CEO
December 11, 2023  |  Personnel

Discover Financial Services has appointed TD Bank Group veteran Michael G. Rhodes as its new CEO and president. Get the Full Story Complete the form to unlock this...

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Report: Investment Firm General Atlantic Considers Going Public Next Year
Report: Investment Firm General Atlantic Considers Going Public Next Year
December 11, 2023  |  IPO

Investment firm General Atlantic has reportedly confidentially filed for an initial public offering (IPO). Get the Full Story Complete the form to unlock this article and enjoy...

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Lawsuit Accuses Visa of Electronic Payment Monopoly
Lawsuit Accuses Visa of Electronic Payment Monopoly
December 11, 2023  |  Legal & Regulation

Visa is reportedly facing an antitrust lawsuit alleging that it has blocked fair competition in the credit and debit card processing market. Get the Full Story...

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The Clearing House Appoints Truist’s Sal Karakaplan as Chief Strategy Officer
The Clearing House Appoints Truist’s Sal Karakaplan as Chief Strategy Officer
December 11, 2023  |  Personnel

U.S. payments network operator The Clearing House (TCH) is onboarding a new chief strategy officer (CSO). Get the Full Story Complete the form to unlock this article...

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Swift Completes Successful Test of Global Trade Interoperability Solution
Swift Completes Successful Test of Global Trade Interoperability Solution
December 11, 2023  |  Cross-border Payments

Swift has successfully tested a global trade interoperability solution in collaboration with BNY Mellon, Deutsche Bank and four electronic bills of lading (eBL) platforms. Get the Full Story...

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