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South Korea’s Kakao Pay Delays $1.3B IPO Over Regulatory Concerns
South Korea’s Kakao Pay Delays $1.3B IPO Over Regulatory Concerns
September 24, 2021  |  IPO

Growing concerns over regulatory issues prompted South Korea’s Kakao Pay to delay its planned $1.3 billion initial public offering (IPO), according to multiple reports on...

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NPD: US Apparel Market up 10% Compared to 2019
NPD: US Apparel Market up 10% Compared to 2019
September 24, 2021  |  Retail

The U.S. apparel industry has generated $13.3 million more in revenue — representing a 10% boost — in the first eight months of this year...

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Amazon Adds Same-Day Delivery in Atlanta, Miami, Minneapolis
Amazon Adds Same-Day Delivery in Atlanta, Miami, Minneapolis
September 24, 2021  |  Retail

Retail giant Amazon is expanding its Same-Day Delivery service to three new metro areas, including Atlanta, Miami and Minneapolis, and expanding the offering in Chicago,...

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China Declares All Cryptocurrency, Related Transactions Illegal
China Declares All Cryptocurrency, Related Transactions Illegal
September 24, 2021  |  Cryptocurrency

Cryptocurrencies and related transactions are now considered illegal in China, the country’s central bank said Friday (Sept 24) in a statement on its website. Get...

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Goldman’s Marcus Chair Harit Talwar Retiring in October
Goldman’s Marcus Chair Harit Talwar Retiring in October
September 24, 2021  |  Personnel

When Harit Talwar joined Goldman Sachs in 2015, consumer banking was just an idea for the legacy financial institution. Now, after building Marcus into a...

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Delivery Hero Pours $200M Into German Grocery Firm Gorillas Technologies
Delivery Hero Pours $200M Into German Grocery Firm Gorillas Technologies
September 24, 2021  |  Retail

Delivery Hero has plans to invest in Germany’s Gorillas Technologies, a grocery startup, as part of a $1 billion funding round, according to Bloomberg Thursday...

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Musk Calls on Dogecoin to Lower Fees for Consumers
Musk Calls on Dogecoin to Lower Fees for Consumers
September 24, 2021  |  Cryptocurrency

Elon Musk, the well-known Tesla and SpaceX chief, said he thinks dogecoin fees should be reduced to make cheaper purchases for things like movie tickets....

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Costco eCommerce Sales up 44.4% YoY, App Downloads Crest 10 Million
Costco eCommerce Sales up 44.4% YoY, App Downloads Crest 10 Million
September 23, 2021  |  Earnings

Costco has reported eCommerce earnings for the fourth quarter increasing 11.2% year over year and 44.4% for its fiscal year, according to a press release....

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CFPB Data Shows Lower-Income Areas More Likely to File Complaints on Credit Reporting, ID Theft
CFPB Data Shows Lower-Income Areas More Likely to File Complaints on Credit Reporting, ID Theft
September 23, 2021  |  CFPB

Lower-income, mostly Black and Hispanic, communities were more likely to submit complaints to the Consumer Financial Protection Bureau (CFPB) about credit reporting, identity theft and...

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