The U.S. saw 10 bankruptcy filings by large corporates with at least $50 million in liabilities in April, but that’s almost 50 percent lower than the same period last year, when there were 19 filings, Bloomberg reported on Tuesday (May 4). Traded distressed bonds and loans,...
Verizon is considering selling off its media assets, including parts of Yahoo and AOL, The Wall Street Journal (WSJ) reported, citing unnamed sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
London-listed international gaming platform Entain posted strong first-quarter 2021 revenues for its digital gambling operations, up by one-third, despite the pandemic lockdowns that shuttered its brick-and-mortar locations on high street. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The workplace is opening back up, albeit slowly. Facebook, Microsoft and Uber have all begun slowly reopening their physical workspace — in a highly limited capacity and on a very voluntary basis. Get the Full Story Complete the form to unlock this article and enjoy...
Google got the work-at-home world buzzing on Thursday (March 18) with a blog post by CEO Sundar Pichai detailing the tech giant’s plan to invest $7 billion in offices and data centers across the U.S., with a corresponding creation of 10,000 new full-time jobs. The...
Carvana, the online used car dealership, has invested $500 million to hire new employees and open new facilities, as the company bets on its pandemic-era upswing in sales lasting longer, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock...
McDonald’s is considering selling part of a company it acquired to boost digital orders, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Many businesses have not accurately reported the impact of the pandemic on their bottom line, The Wall Street Journal reported on Tuesday (Feb. 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
U.S.-based banking software company Alkami Technology is planning an initial public offering (IPO) that could be valued at $3 million, Reuters reported on Monday (Feb. 22). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
