Inflation and Double-Digit Volume Declines Push FedEx to Realign Its Air Operations
Inflation and Double-Digit Volume Declines Push FedEx to Realign Its Air Operations
March 16, 2023  |  Delivery

In the face of macro headwinds, FedEx is pulling on the operational levers it can pull. And that involves throttling back on some operations —...

READ MORE >
Yellen Says Community Banks Probably Won’t Get SVB Treatment
Yellen Says Community Banks Probably Won’t Get SVB Treatment
March 16, 2023  |  Banking

Treasury Secretary Janet Yellen isn’t playing favorites, just protecting the U.S. banking system. She told lawmakers Thursday (March 16) that “Americans can feel confident that...

READ MORE >
Appeals Court Approves Settlement of Visa and Mastercard Antitrust Suit
Appeals Court Approves Settlement of Visa and Mastercard Antitrust Suit
March 16, 2023  |  Credit Cards

A federal appeals court has approved a settlement of a class-action lawsuit brought against Visa and Mastercard. The settlement, in which the payment card networks...

READ MORE >
JPMorgan, BofA, 9 Other Banks Deposit $30 Billion in First Republic
JPMorgan, BofA, 9 Other Banks Deposit $30 Billion in First Republic
March 16, 2023  |  Banking

Eleven large U.S. banks are making uninsured deposits totaling $30 billion into First Republic Bank. The move ensures First Republic has the liquidity it needs,...

READ MORE >
Provider Ranking of Personal Finance Apps Crowns a New Number One
Provider Ranking of Personal Finance Apps Crowns a New Number One
March 16, 2023  |  Consumer Finance

Checked on your personal finances lately? We have, in the form of the Provider Ranking of Personal Finance Apps, updated monthly in this space. Not that...

READ MORE >
Motive Partners Reportedly Working to Acquire Payments Tech Platform ACI Worldwide
Motive Partners Reportedly Working to Acquire Payments Tech Platform ACI Worldwide
March 16, 2023  |  Acquisitions

Private equity firm Motive Partners is reportedly working to acquire payments technology platform ACI Worldwide. Motive Partners has been seeking financing for a potential deal...

READ MORE >
Grocers Come Up Against 26% Awareness Gap with Digital Promotions
Grocers Come Up Against 26% Awareness Gap with Digital Promotions
March 16, 2023  |  Retail

Grocers’ efforts to drive sales with digital deals may go unnoticed by consumers. The Context As economic pressures have prompted many consumers to reevaluate their...

READ MORE >
Google Division Says China-Sponsored Hackers Launching Sophisticated Cyberattacks
Google Division Says China-Sponsored Hackers Launching Sophisticated Cyberattacks
March 16, 2023  |  Cybersecurity

State-sponsored hackers from China are launching increasingly sophisticated cyberattacks. With these attacks targeting both government and business systems, they can evade common defenses, enter networks,...

READ MORE >
Lebanon Central Bank Governor Denies Money Laundering and Embezzlement Allegations
Lebanon Central Bank Governor Denies Money Laundering and Embezzlement Allegations
March 16, 2023  |  Security & Fraud

Lebanon central bank Governor Riad Salameh has made his first court appearance facing international charges. Five European countries are investigating the Banque du Liban governor...

READ MORE >