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TikTok has plans to hire about 3,000 engineers over the next three years, mostly in Europe, Canada and Singapore, the company told Reuters on Tuesday. The move shows that the popular short-video app has not given up on its expansion...
As the Black Lives Matter movement swept the United States earlier this year, corporate America promised to help advance racial equity and justice. But many questioned how business leaders would do that. On Thursday, the Business Roundtable -- a group of executives...
Point of sale financing—the modern layaway that lets you pay for a new TV or dress in four installments instead of putting it on your credit card—has been rising steeply in popularity over the past two years, and the...
Goldman Sachs's Malaysian subsidiary has pleaded guilty to charges that it conspired to violate US anti-bribery laws in a massive scheme involving the Southeast Asian country's sovereign wealth fund, known as 1MDB. Goldman has agreed to pay about $2.9 billion to various authorities....
With the holiday season rapidly approaching, delivery services are bracing for what some are calling “shipageddon," with a potential shortfall of as many as 7 million packages a day. UPS and FedEx have told some of their shippers that they have already...
OBSERVATIONS FROM THE FINTECH SNARK TANK CU Today reported: “The National Restaurant Association is asking Congress to mandate reduced credit card interchange fees, expanding upon the Durbin Amendment under the Dodd-Frank legislation. The request is being made as restaurants seek assistance from...
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