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Diebold Nixdorf Seeks Bankruptcy Protection to Stay Afloat
Diebold Nixdorf Seeks Bankruptcy Protection to Stay Afloat
May 30, 2023  |  Business

Retail technology company Diebold Nixdorf is seeking bankruptcy protection to reduce debt and stay liquid. The company announced in a Tuesday (May 30) press release a restructuring agreement with...

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PayPal Weighs Sale of Cross-Border Business Xoom
PayPal Weighs Sale of Cross-Border Business Xoom
May 17, 2023  |  Cross-border Payments

PayPal is reportedly mulling a sale for its cross-border payment unit Xoom. The digital payments company has been working “on the sales process in recent months,” and...

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FICO Adds Transactional Analytics to Applied Intelligence Platform
FICO Adds Transactional Analytics to Applied Intelligence Platform
May 17, 2023  |  Business

FICO has added transactional analytics to its platform to help enterprises better understand their customers. That is one of 19 enhancements the firm has made to...

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Alibaba Divides Kingdom Into Six Pieces
Alibaba Divides Kingdom Into Six Pieces
March 28, 2023  |  eCommerce

Alibaba Group is splitting into six pieces with plans to take these new businesses public. The Chinese eCommerce company said Tuesday (March 28) it was...

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Report: Goldman Sachs Seeks Alternatives for Consumer Business
Report: Goldman Sachs Seeks Alternatives for Consumer Business
February 28, 2023  |  Banking

Goldman Sachs is reportedly “considering strategic alternatives” for its consumer business. Speaking at the bank’s investor day Tuesday (Feb. 28), CEO David Solomon discussed the...

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Analysts Say JPMorgan Chase Market Cap Could Reach $1 Trillion by 2030
Analysts Say JPMorgan Chase Market Cap Could Reach $1 Trillion by 2030
February 24, 2023  |  Banking

J.P. Morgan Chase & Co. could be worth $1 trillion by 2030. Morgan Stanley analysts said the most valuable U.S. bank — which is currently...

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US Adds 517K Jobs in January, Far Outpacing 2022’s Average
US Adds 517K Jobs in January, Far Outpacing 2022’s Average
February 03, 2023  |  Economy

The U.S. added 517,000 jobs in January — far above 2022’s average monthly gain of 401,000. The additions were widely spread across several sectors, the...

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What Businesses Need to Know to Make Money in the Metaverse
What Businesses Need to Know to Make Money in the Metaverse
January 31, 2023  |  Metaverse

The metaverse has only just entered the mainstream discourse, but this new, immersive internet has already emerged as a lucrative new medium for generating revenue....

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Unit4 Launches Marketplace of Tools for its ERP Customers
Unit4 Launches Marketplace of Tools for its ERP Customers
January 17, 2023  |  Business

Unit4 has launched a marketplace featuring tools that can be added to its enterprise resource planning (ERP) solutions. The new Unit4 Marketplace showcases apps from...

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