May 28, 2020
GE Is Saying Goodbye To Its 129-Year-Old Light Bulb Business
General Electric is saying goodbye to the light bulb. The conglomerate is shedding a struggling business founded by Thomas Edison more than a century ago, reported The Wall Street Journal. ...
May 28, 2020
LendingClub Introduces Member Center With Personal Finance Resources
The economic crisis sparked by the COVID-19 pandemic has hit millions of people and small businesses hard. Get the Full Story Complete the form to unlock this article and enjoy...
May 28, 2020
Bombay Stock Exchange Loosens Rules On Capital Market To Help...
Bombay Stock Exchange (BSE) has relaxed guidelines for how Indian small- to medium-sized businesses (SMBs) can tap the capital market, loosening restrictions on net tangible assets and positive cash flow...
May 27, 2020
FedEx Eyes Stake In Germany’s Hermes Delivery Service
With home deliveries surging, FedEx may be looking to acquire stake in German delivery firm Hermes, according to the Handelsblatt newspaper, as reported by Reuters. Get the Full Story Complete...
May 27, 2020
Tuesday Morning Seeks Chapter 11 Bankruptcy Protection
To decrease its outstanding liabilities and bolster its total financial position, Tuesday Morning Corporation said in a statement that it has filed for Chapter 11 bankruptcy to pursue “financial and operational reorganization.”...
May 26, 2020
Malls See Increase in Foot Traffic, But Less Time Spent...
The owner/operator of 85 shopping centers in California, Colorado and Illinois said shoppers are returning to recently reopened malls, but they’re not lingering, according to a CNBC report. Get the...
May 26, 2020
Millennials Face Their Second ‘Once-In-A-Lifetime’ Economic Crash
The data on millennials’ lifetime earnings potential were already fairly grim long before the word “coronavirus” became part of everyone’s daily conversations – and before the U.S. economy all but...
May 26, 2020
Tuesday Morning Gears Up For Bankruptcy
Following the closure of its retail locations due to the pandemic, Tuesday Morning Corp. is reportedly gearing up to file for bankruptcy. The Texas-based company was founded in 1974 and has...
May 26, 2020
Macy’s Unveils $1.1B Offering Of Senior Secured Notes
To help pay back borrowings under its existing $1.5 billion credit facility, Macy’s Inc. unveiled the offering of $1.1 billion in senior secured notes set to mature in 2025. The...
The “Buy Now, Pay Later Tracker®,” a PYMNTS and Afterpay collaboration, brings you the latest news and research from the buy now, pay later space. It features expert analysis of changing payment trends as well as insights from top insiders within the retail and fashion industries.
Discouragement, fear and frustration stop consumers when it comes to improving their credit scores, with at least 15% either not knowing where to begin or afraid of taking on more debt. PYMNTS Intelligence’s latest study of 2,558 consumers reveals the knowledge and tools consumers need to succeed in today’s economic environment.
Read more in “The Credit Accessibility Series: Declining Purchasing Power Pushes Consumers to Improve Credit Scores,” a collaboration with Sezzle.