Business

Business
Publishers Clearing House Declares Bankruptcy, Aims to Focus on Digital Advertising
April 09, 2025

Publishers Clearing House (PCH) said Wednesday (April 9) that it filed for Chapter 11 bankruptcy protection to shed the cost of its legacy businesses and focus on digital advertising-supported entertainment. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Business
Builder.ai Announces Third-Party Audit After Allegations of Inflated Sales Figures
March 31, 2025

Artificial intelligence (AI) startup Builder.ai reportedly hired two of the Big Four auditing firms to go through its finances from 2023 and 2024. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Business
House Financial Services Committee Aims to Improve Access to Capital
March 26, 2025

The House Financial Services Committee (HFSC) is reviewing more than 40 bills that aim to improve business’ access to capital. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Business
Roomba Maker iRobot Reports ‘Substantial Doubt’ About Ability to Continue
March 12, 2025

Consumer robot company iRobot, maker of the Roomba robot vacuum, said in a Wednesday (March 12) earnings release that there is “substantial doubt” about its ability to continue as a going concern. Get the Full Story Complete the form to unlock this article and enjoy...

Business
CarParts.com Begins Exploring Sale and Other Strategic Alternatives
March 05, 2025

CarParts.com said Wednesday (March 5) that it has engaged a financial advisor and legal counsel to support its exploration of strategic alternatives, including a possible sale of the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Business
45% of Executives Say Uncertainty Has Led to Diminished Profits
March 04, 2025

Middle-market companies are confronted with a volatile business environment that challenges their ability to make informed decisions and maintain competitive positions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Business
Revolut Backers Reportedly Pushing for $60 Billion Valuation Share Sale
February 27, 2025

Investors in FinTech Revolut are reportedly pressing the company to consider a secondary share sale. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Business
Stripe Says AI Boom Drove 38% Increase in Payment Volume
February 27, 2025

Stripe’s investments in machine learning (ML) and artificial intelligence (AI) contributed to the financial infrastructure platform’s rapid growth in 2024, co-founders Patrick Collison and John Collison wrote in their annual letter to the Stripe community that was released Thursday (Feb. 27). Get the Full Story...

Business
Keeping Up With the CFOs: The Value of Benchmarking Middle-Market Working Capital Efficiency
February 18, 2025

That which can be measured can be improved. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you...