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EarningsJetBlue Reports $6.1M Average Daily Cash Burn For Q3
JetBlue reported on Tuesday (Oct. 27) an average daily cash burn of $6.1 million...
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PersonnelAmazon Promotes 35K Employees, Will Create 100K Seasonal Jobs
Amazon is primed to continue its expansion drive through the holiday season. The retail...
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BlockchainJPMorgan Launches Dedicated Business Unit For Blockchain
J.P. Morgan Chase has established a new business unit dedicated to blockchain and digital...
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RetailKroger Bullish On Earnings As Supermarket Giant Takes On Digital...
Kroger Co. “has reinvented the company's business model to deliver consistently strong and attractive...
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IPOChinese Firms Sprint Toward IPO Finish Line Amid Ant’s Record...
Ant Group’s filing of an estimated $34.5 billion record IPO is running parallel to...
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Real EstateUS New Home Sales Drop 3.5 Pct In September From...
The number of new homes sold in the U.S. in September was lower than...
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InternationalChina To Focus On Tech As It Formulates 5-Year Economic...
A five-year plan for China hashed out by leaders Monday (Oct. 26) is expected...
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Security & FraudGoogle Employee Data Exposed During Data Breach, Law Firm Says
Fragomen, Del Rey, Bernsen & Loewy, an immigration law firm, has reported a data...
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LegalIndia's Future Retail Says It Faces Selloff If Reliance Deal...
India-based Future Retail is facing liquidation if it can't enter into Reliance's deal to...
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BitcoinBitcoin Daily: Bahamas Takes Digital Sand Dollar Nationwide; JPMC Sees...
The Sand Dollar state-backed cryptocurrency is now available to each of Bahamas’ nearly 400,000...
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MarketsStocks Dip Amid New COVID Restrictions Fears
The lack of a new stimulus deal and surging coronavirus cases are having a...
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RetailPostmates Launches On-Demand Shop Selling LA Rams Gear
Postmates is teaming up with the sports merchandising firm Fanatics for on-demand delivery of...
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EarningsHasbro Posts 4 Pct Decline In 3Q Revenue Due To...
In the battle of the toymakers, Ken-and-Barbie-maker Mattel is kicking sand in the face...
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InvestmentsGoogle To Invest In Indonesia's Online Marketplace Tokopedia
Google’s push into eCommerce is taking it to Indonesia, where online shopping is growing...
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IPOByteDance Explores IPO For Douyin, China’s Version Of TikTok
Douyin, the Chinese version of TikTok, could hit the markets as a publicly-traded company...
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ANTITRUSTMulti-Billion Dollar Deal Between Apple, Google Threatened By Antitrust Lawsuit
A 15-year deal between Google and Apple that nets the latter billions of dollars...
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Buy Now Pay LaterGameStop Partners With Klarna For BNPL Service
Swedish online payments giant Klarna is making a play for gamers as consumers hunker...
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Digital IdentityJumio Launches Biometric Video Verification Solution
Artificial intelligence security platform Jumio is launching a new video-based verification tool for regulated...
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Partnerships / AcquisitionsFuture Retail, Reliance Deal Held Up By Amazon Claim
The $3.4 billion offer by Reliance Industries to purchase Future Retail has been stayed...
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FacebookFacebook Introduces Free Cloud Gaming For Android OS
Facebook is rolling out new cloud-based games in beta for Android and Windows operating...
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InternationalPwC Executive Says US Firms To Curb Reliance On China...
Talk of a major reshuffling in international trade continues to build as more companies...
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IPOAnt Group Seizes Moment, Files For $34.4B Blockbuster IPO
Investors have been increasingly eager for FinTech company Ant Group to file for an initial...
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RegulationEU Big Tech Legislation Gets Backlash From Booking.com
Brussels-based Booking.com is speaking out against the European Union’s plans to regulate the reservation...
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RetailAccenture, MIT Develop Stress Test For Supply Chain Resilience
To evaluate the financial and operational risks presented by significant market interruptions, disasters or...
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RetailRoss Stores Expands Physical Footprint With 39 New Stores
Ross Stores has opened 30 Ross Dress for Less® retail locations and nine dd's...
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Cross-border PaymentsWestern Union Expands Real-Time Payouts To Reach 80 Countries
In its ongoing efforts to beef up its international real-time payments network, Western Union...
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Fraud AttackCalifornia Freezes Unemployment Debit Cards Over Purported Fraud
California officials have frozen about 350,000 unemployment debit cards over purported fraud, according to...
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Real EstateFalling Commercial Real Estate Prices Threaten Bank Losses
Plummeting commercial real estate prices could cause steep bank losses as people continue to...
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BitcoinBitcoin Daily: China Shuts Down Gambling Sites Using Tether; Japan's...
On P2P marketplace Paxful, traders are selling up to $16.2 million in discounted bitcoin...
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EarningsSAP Sees Q3 Revenue Decline As Corporates Delay Projects
Software giant SAP on Sunday (Oct. 25) reported total revenue was down 4 percent...
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DataISPs Reinstate Data Caps For US Employees Working From Home
The mass increases of people working and learning from home during the pandemic have...
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IPOAnt Group IPO Pricing Could Reach $35B, Report Says
Alibaba founder Jack Ma has said the upcoming dual listing for Ant Group is...
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Partnerships / AcquisitionsReliance Says It Can Move Ahead With $3.4B Deal
Reliance, the global Mumbai-headquartered conglomerate specializing in everything from retail to telecommunications, will move...
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EuropeSecond Outbreak Wave Forces Europe To Tighten Restrictions
Governments across Europe are re-imposing social distancing measures as COVID-19 roars back from a...
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EconomyUS Economy Up As Europe Declines Amid COVID Resurgence
The faster spread this fall of COVID-19 in Europe compared to the spread in...
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Partnerships / AcquisitionsDunkin' In Talks To Go Private
Dunkin' Brands Group, the parent of Dunkin' — formerly Dunkin' Donuts — and Baskin-Robbins,...
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Restaurant innovationDoorDash Invests In Restaurant For First Time
Food delivery app DoorDash is working alongside California-based Burma Superstar for a brick-and-mortar store,...
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ANTITRUSTGoogle's Rivals Call Antitrust Case A Start For An Expanded...
Google rivals who have complained for years about what they decried as a hands-off...
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EconomyIllinois SMBs Face Tighter COVID-19 Restrictions
With COVID-19 cases rising in Illinois, operators of small- to medium-sized businesses (SMBs) in...
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ANTITRUSTGoogle Must Respond To DOJ Suit By Dec. 19
Google has until Dec. 19 to respond in court to the federal government's recent...
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Mobile ApplicationsFederal Judge Denies Gov't Request To Take WeChat Off App...
A request from the Department of Justice (DOJ) to change a decision that let...
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CryptocurrencyRipple CEO Eyes London For New HQ
Ripple is mulling moving its headquarters abroad because of frustration with the regulatory climate...
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CryptocurrencyBank Of Japan: Potential CBDC Rollout Hinges On Public Support
Amid increased interest in cryptocurrencies from policy makers and central banks due to China's...
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MastercardMastercard Supports Women-Owned SMBs With $20M CNote Investment
Mastercard is marking National Women’s Small Business Month by furthering its support of the...
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AppleApple Card Users Report Problems Paying On Amazon
Apple Card users are complaining that a glitch is preventing them from using the...
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IPOChina’s Ping An-Backed Lufax Aims For $2.36B IPO
Chinese FinTech Lufax is hoping to get as much as $2.36 billion from the...
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WalmartWalmart’s Flipkart Invests $204M For Stake In Indian Fashion Retailer...
Walmart India’s eCommerce firm Flipkart is investing $204 million (₹1,500 crore) for a 7.8...
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EarningsAmerican Express Posts Mixed Q3 Earnings
American Express reported third-quarter earnings of $1.30 a share, missing Wall Street estimates of...
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Partnerships / AcquisitionsActivist Investor Starboard Mulls ACI As Potential M&A Prey
Activist investor Starboard Value already has 10.5 million shares — a 9 percent stake...
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GoogleSkipify, Google Partner To Bring Shopping To Gmail
Artificial intelligence (AI)-powered payments startup Skipify is partnering with Google to deliver shopping features...
