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Delta Reports Business Travel Up 14% YOY
Delta Reports Business Travel Up 14% YOY
April 10, 2024  |  Travel Payments

Delta Air Lines has seen growing demand for both leisure and business travel. That’s according to company executives, who also announced that Delta delivered record revenue...

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Sovos Enhances Connector Marketplace Amid Tax Compliance Changes
Sovos Enhances Connector Marketplace Amid Tax Compliance Changes
April 10, 2024  |  Taxes

Tax software firm Sovos has debuted an enhanced version of its Connector Marketplace. The launch, announced Wednesday (April 10), makes it easier for customers and partners to connect to...

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Meta Rolls Out Newest Version of AI Chips
Meta Rolls Out Newest Version of AI Chips
April 10, 2024  |  Artificial Intelligence

Meta introduced the latest iteration of its custom-made chips designed for artificial intelligence workloads. The new version marks a performance improvement over the previous generation of...

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Wall Street Banks Regaining Share of Financing Deals
Wall Street Banks Regaining Share of Financing Deals
April 10, 2024  |  Loans

Wall Street banks are reporting gaining back some of the share of financing deals they had lost to alternative-asset fund managers, insurers and other private credit....

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Wholesale Inventories Rose 0.5% in February, Matching Economists’ Expectations
Wholesale Inventories Rose 0.5% in February, Matching Economists’ Expectations
April 10, 2024  |  Economy

U.S. wholesale inventories rose 0.5% in February compared with January. When compared with February 2023, these total inventories declined 1.5%, the U.S. Census Bureau said in a...

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Ex-PayPal CEO Dan Schulman Joins Valor Capital
Ex-PayPal CEO Dan Schulman Joins Valor Capital
April 10, 2024  |  Personnel

Former PayPal CEO Dan Schulman has been named managing partner at Valor Capital. The firm, which says it launched the first U.S. and Latin American cross-border venture fund in 2011, announced...

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Amazon to Change How Alexa Developers Are Paid
Amazon to Change How Alexa Developers Are Paid
April 10, 2024  |  Amazon

Amazon will stop paying developers to create applications — called Skills — for its voice assistant Alexa. This will end an offering that has been...

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Airwallex Debuts Borderless Visa Card for Canadian Businesses
Airwallex Debuts Borderless Visa Card for Canadian Businesses
April 10, 2024  |  Cross-border Payments

Airwallex has launched the Borderless Visa Card for businesses in Canada. The virtual card, announced Wednesday (April 10), is issued by Peoples Trust Company and lets Canadian businesses make...

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Starbucks Renovations Include Quieter Stores, More Drive-Thrus
Starbucks Renovations Include Quieter Stores, More Drive-Thrus
April 10, 2024  |  Retail

Starbucks is rolling out new store design features as it adds locations and renovates existing ones. During the current fiscal year that ends in October, the...

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