Digitization has been changing — or has the potential to change — every facet of commerce. The transformation has been most readily apparent in business-to-consumer (B2C) interactions, where omnichannel has been the rule of the day, and mobile apps let individuals schedule, for example, curbside...
Employers that had planned to reopen their offices after Labor Day to coincide with what was expected to be a receding coronavirus are having second thoughts. The Wall Street Journal (WSJ) reported as COVID-19 cases rose in many states during the summer and some school...
Before declaring bankruptcies, several big U.S. companies are awarding large bonuses to their top executives, according to a Financial Times report. The practice is a common one now among companies pushed into a corner by the coronavirus pandemic, with firms like JCPenney, Hertz and Neiman Marcus...
President Donald Trump is not done banning online Chinese companies from doing business in the U.S. When asked at a news conference Saturday (Aug. 15) whether he is contemplating action against more Chinese companies, including Alibaba, a global technology company specializing in eCommerce, the president...
Everyone knows the old joke about how easy getting into the lending business is: “Lending money out is very simple — pretty much anyone can do it. It’s getting people to pay the money back that’s the hard part.” While that’s a groan-inducer in good...
You won’t find the word “minimony” in the dictionary. But couples who spent a year planning a traditional wedding only to see it canceled by the coronavirus know it well, the Associated Press (AP) reported. Instead of waiting for who knows how long and rebooking...
Dissatisfied with Airbnb and other short-term rental companies, many hosts have created their own direct-booking websites to boost business and end years of frustration with the original online marketplace for lodging and its competitors, according to CNBC. Some of these websites have been in the...
Expedia Group has announced a new CEO and said it has agreed to a buyout, according to The Wall Street Journal. Vice Chairman Peter Kern will take the helm of Expedia, which contains Travelocity, Orbitz and Vrbo under its umbrella, and has been without a...
Travelex, the British foreign exchange company, is seeking a buyer, the Financial Times (FT) reported. “As part of its continuing assessment of strategic options to maximize value for its stakeholders, the Board of Travelex Holdings Limited has decided to seek offers for the Travelex group,...
