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Citi Upgrades Premier Card As Travel Spending Takes Off
Citi Upgrades Premier Card As Travel Spending Takes Off
May 13, 2024  |  Travel Payments

Citi is enhancing its Premier credit card to offer new benefits and protections for travelers. The banking giant’s Strata Premier card, announced Monday (May 13), offers increased...

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Shein Reportedly Rebuffed by National Retail Federation Ahead of IPO
Shein Reportedly Rebuffed by National Retail Federation Ahead of IPO
May 13, 2024  |  Retail

Shein reportedly has some work to do if it wants to court the U.S. retail industry. The fast fashion giant filed for an initial public offering...

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Airlines Sue DOT Over New Fee Disclosure Rules
Airlines Sue DOT Over New Fee Disclosure Rules
May 13, 2024  |  Legal

Airlines are reportedly suing the U.S. Transportation Department (DOT) over new fee rules. The suit was filed in federal court last week by industry group Airlines for America, Reuters reported...

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Squarespace to Go Private in $6.9 Billion Deal
Squarespace to Go Private in $6.9 Billion Deal
May 13, 2024  |  eCommerce

Squarespace is going private in a $6.9 billion deal with private equity firm Permira. Subject to regulatory approvals and other customary closing conditions, the transaction is expected to close...

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Temu Tepid About US Thanks to TikTok Turmoil
Temu Tepid About US Thanks to TikTok Turmoil
May 13, 2024  |  Retail

Chinese eCommerce company Temu is reportedly looking beyond the United States for business growth. Temu, which had invested billions of dollars in the American market, is now...

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Report: Cyber Threats Growing at 90% of Companies
Report: Cyber Threats Growing at 90% of Companies
May 13, 2024  |  Cybersecurity

For American businesses, the threat of cyberattacks continues to grow. Ninety percent of companies say their cybersecurity risks increased in the last year, according to a survey of...

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Uber, Lyft Head to Court as Massachusetts Challenges Driver Classification
Uber, Lyft Head to Court as Massachusetts Challenges Driver Classification
May 13, 2024  |  Gig Economy

Uber and Lyft are facing a trial in Massachusetts over allegations that they misclassified their drivers as independent contractors instead of employees. The trial is...

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Microsoft Earmarks $4.3 Billion for AI/Cloud Projects in France
Microsoft Earmarks $4.3 Billion for AI/Cloud Projects in France
May 13, 2024  |  Technology

Microsoft says it is investing $4.3 billion toward tech projects in France. The spending package will focus on cloud and artificial intelligence (AI) infrastructure, “AI skilling, and French...

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AAA: Memorial Day Road Trips Will Hit Record Numbers 
AAA: Memorial Day Road Trips Will Hit Record Numbers 
May 13, 2024  |  Travel Payments

Americans are projected to take a record number of road trips this Memorial Day weekend. It’s part of an overall uptick in early summer travel forecast by...

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