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Apple’s iPhone Demand Falls In China

Apple’s iPhone Demand Falls In China
Apple’s iPhone Demand Falls In China
October 15, 2018  |  Apple

Thanks to a decline in demand for Apple’s iPhones in China, Goldman Sachs is warning the iPhone maker could post earnings that disappoint. Get the...

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Bank Of America’s Zelle Boosts P2P Transactions 138 Pct In Q3
Bank Of America’s Zelle Boosts P2P Transactions 138 Pct In Q3
October 15, 2018  |  Earnings

It’s the start of the new earnings season, and Bank of America, among the first companies out of the gate, set a positive tone Monday...

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Retail Sales Reach $509B In September
Retail Sales Reach $509B In September
October 15, 2018  |  Retail

Falling short of economists’ expectations, retail store and restaurant sales grew by only 0.1 percent from August to September to reach a seasonally adjusted figure...

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Sears Files For Bankruptcy; To Close 142 Stores
Sears Files For Bankruptcy; To Close 142 Stores
October 15, 2018  |  Retail

Sears Holdings made it official, filing for Chapter 11 bankruptcy Monday  (October 15), gearing up to close 142 stores after decades of declining revenue and...

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Barclays Rivals Goldman’s Marcus With Digital Bank
Barclays Rivals Goldman’s Marcus With Digital Bank
October 15, 2018  |  Banking

Barclays is ready to offer U.S. consumers a low-cost, digital-only bank that will directly compete with Goldman Sachs‘s Marcus brand. Barry Rodrigues, CEO of cards and...

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Venmo Raises Rate For Instant Transfers
Venmo Raises Rate For Instant Transfers
October 14, 2018  |  Real-Time Payments

Venmo, the digital payment unit of PayPal, has raised the fee for instant transfers when moving money from their account to a traditional bank account,...

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Two US Senators Call On India To Relax Data Rules
Two US Senators Call On India To Relax Data Rules
October 14, 2018  |  Cross-border Payments

U.S. Senators John Cornyn and Mark Warner, co-chairs of the Senate India caucus, sent a letter to India’s Prime Minister Narendra Modi urging him to...

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Amazon’s Festive Season Sale In India Off To A Strong Start
Amazon’s Festive Season Sale In India Off To A Strong Start
October 14, 2018  |  Amazon

Amazon.com said over the weekend that its festive season sale being held in India was off to a better start than a year ago, with...

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