PayPal CFO Jorgensen Steps Down After 6-Month Medical Leave
PayPal CFO Jorgensen Steps Down After 6-Month Medical Leave
March 08, 2023  |  Personnel

Six months after taking a health-related leave of absence, PayPal’s CFO is stepping down. Blake Jorgensen, who became the company’s chief financial officer last year,...

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Hospitality and Finance Sectors Lead February Job Growth
Hospitality and Finance Sectors Lead February Job Growth
March 08, 2023  |  Economy

Private employers added 242,000 jobs in February, led by the hospitality and finance sectors. Those industries saw growth of 83,000 and 62,000 jobs, respectively, while...

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Report: Silvergate Works With FDIC Help to Stay Afloat
Report: Silvergate Works With FDIC Help to Stay Afloat
March 08, 2023  |  Regulation

Struggling crypto-friendly bank Silvergate Capital is reportedly working with U.S. regulators to stay in business. Officials from the Federal Deposit Insurance Corporation (FDIC) have been...

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Lyft and Bilt Rewards Partner to Offer Points on Ridesharing
Lyft and Bilt Rewards Partner to Offer Points on Ridesharing
March 08, 2023  |  Partnerships

Lyft users can now earn Bilt Rewards points on every rideshare, bike and scooter booking. The two companies have teamed up to enable the users...

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JPMorgan Helps Volvo Enter Indian EV Market
JPMorgan Helps Volvo Enter Indian EV Market
March 08, 2023  |  Digital Payments

J.P. Morgan has assisted Volvo’s entry into the Indian electric vehicle market. The Swedish luxury carmaker’s XC40 Recharge is an exclusive direct-to-consumer (D2C) model powered...

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Fed Chair Powell Calls Crypto a Mess, Lays Out Concerns
Fed Chair Powell Calls Crypto a Mess, Lays Out Concerns
March 08, 2023  |  Cryptocurrency

United States bank regulators’ posture on digital assets is increasingly one of “prove it” pressure. This, as Federal Reserve Chairman Jerome Powell Tuesday (March 7)...

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Consensus Raises $110 Million for Intelligent Demo Automation Platform
Consensus Raises $110 Million for Intelligent Demo Automation Platform
March 08, 2023  |  Investments

Consensus has raised $110 million from Sumeru Equity Partners to grow its intelligent demo automation platform. The platform helps B2B sellers produce, distribute and track...

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Grocers Rethink Scan and Go as Consumers Redefine Convenience
Grocers Rethink Scan and Go as Consumers Redefine Convenience
March 08, 2023  |  Retail

Mobile self-checkout, and specifically, scan and go, would seem a slam dunk for grocers. It has not worked out that way. All manner of retail...

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HelloFresh Seizes on Ready-to-Eat Growth Opportunity as Consumers Seek Immediacy
HelloFresh Seizes on Ready-to-Eat Growth Opportunity as Consumers Seek Immediacy
March 08, 2023  |  Retail

Meal kit providers are finding that many consumers prefer speedy convenience to cooking from scratch. Berlin-based multinational meal kit company HelloFresh said on a call...

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