This year’s tech stock sell-off has cost Tiger Global around $17 billion, one of the largest declines ever for a hedge fund, the Financial Times (FT) reported Tuesday (May 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Online used car buying and selling platform Vroom has named Thomas Shortt as its new CEO as part of a business realignment plan that’s focused on long-term profitable growth through cost reductions and operating improvements. Get the Full Story Complete the form to unlock this...
Showing how one relationship can reverberate across a marketplace and a sector, GoodRx — and possibly competitors — got smacked in Q1 by a dispute by an unnamed grocery chain representing a meaningful chunk of the grocery prescription business. Get the Full Story Complete the...
Businesses are still paying bills with checks — often enough to drive a 6.9% year-over-year increase in revenue in the checks segment at Deluxe, the company reported Thursday (May 5) during its quarterly earnings call. Get the Full Story Complete the form to unlock this...
For Block, the parent company of Square, buy now, pay later (BNPL) is already paying off. 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...
In the early stages of the pandemic, restaurants’ technology efforts were focused on consumer-facing initiatives, building out digital ordering platforms and channels to remove friction and boost convenience. Now, with labor challenges compounded by the return of dine-in and the continuing stickiness of off-premise orders,...
As restaurants’ labor challenges lead to longer wait times at the drive-thru, and as driver shortages put pressure on the delivery channel, many brands are doing everything in their power to incentivize pickup ordering. Get the Full Story Complete the form to unlock this article...
Rides rebound. Delivery is still in demand. But all eyes are on the cross-selling opportunities. 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,...
At a time when inflation and rising fuel prices are leading to consumer belt-tightening and investor anxiety, Murphy USA has found a way to buck the trend, watching its stock price rise from less than $170 per share in early March to more than $245...
