June 27, 2023
Inform Act Cracks Down on Organized Retail Theft
A new law aims to tackle organized retail theft and the trade of counterfeit and hazardous items on digital platforms. The Integrity, Notification and Fairness in Online Retail Marketplaces for...
June 27, 2023
Papa John’s Hires Nike Exec as CFO as Restaurants Learn...
Papa John’s is looking to learn from Nike’s omnichannel success with its new C-suite addition, tapping Nike North America’s chief financial officer to take over the same role at the pizza chain...
June 27, 2023
Amazon Gives Merchants Free Business Prime Duo Access
Amazon Business says it wants to give small business owners an easier buying experience. To that end, the retail giant’s B2B procurement store announced Tuesday (June 27) that its Business...
June 27, 2023
Experts on How Payments Automation Can Aid Middle-Market Businesses
With late payments resulting in late fees for 41% of buyers in the past year, companies are making accounts payable automation their top priority to keep up. PYMNTS explores how...
June 26, 2023
UnitedHealth’s Amedisys Deal Come as Home Health and Data Cement...
In healthcare, the latest acquisition brings to mind that old Fred Astaire song lyric: “Won’t you change partners and dance with me?” On Monday, as had been reported here, Amedisys, the home...
June 26, 2023
Amazon Undertakes $7.8 Billion Expansion of Ohio Data Operations
Amazon Web Services (AWS) says it is upping its investment in its Ohio data center operations. The company announced Monday (June 26) that it will spend an estimated $7.8 billion to expand its...
June 26, 2023
Data Management Firm Databricks to Acquire AI Startup MosaicML for...
Databricks is buying generative artificial intelligence (AI) startup MosaicML in a $1.3 billion deal. The acquisition is designed to meet the rapid demand among businesses for their own version of ChatGPT, The Wall Street Journal (WSJ)...
June 26, 2023
Blue Apron CEO: Meal Kits Now Prioritize Long-Term Profitability Over...
As meal kit providers look to weather the challenges of inflation, many have been forced to rethink their business models. Blue Apron CEO Linda Findley tells PYMNTS in an interview...
June 26, 2023
Amid Healthcare Merger Backlash, Amedisys Agrees To $3.3B UnitedHealth Deal
Home health company Amedisys has agreed to a $3.3 billion merger with UnitedHealth. The deal calls for the acquisition of Amedisys’ outstanding common stock in an all-cash transaction for $101 per share and...
