News

Luckin Coffee, China's Starbucks rival, plans US expansion after $300 million sales scandal, despite regulatory scrutiny

October 29th, 2024

The US Treasury Department issues a rule to restrict and monitor American investments in China's AI sector, aiming to keep China's military from gaining an edge in advanced technologies.

October 29th, 2024

Donald Trump claims major tech CEOs are reaching out to him, naming Google's Sundar Pichai as a supporter who praised his campaign stop.

October 29th, 2024

A discussion on Africa's future, opening with a humorous anecdote about the influence of Lake Victoria fish on intellectual development in the Luo tribe, paired with a photo of Tony Elumelu at the 'Invest for Growth in Africa' conference.

October 29th, 2024

Blessing Adesiyan, founder and CEO of Mother Honestly Group Inc., shares her personal experience of balancing work and motherhood, emphasizing the need for men and employers to combat 'time poverty' for working mothers.

October 29th, 2024

Fortune's 2024 Fastest-Growing Companies list sees energy sector dominate, accounting for 28 of 100 companies, after a 15-year hiatus, with notable mentions of Tesla and Nvidia's performance.

October 29th, 2024

U.S. President Joe Biden, presidential rivals Donald Trump and Kamala Harris, and other world leaders' confidential movements are easily trackable online through a fitness app used by their bodyguards, according to an investigation by French newspaper Le Monde.

October 29th, 2024

Meet Hitesh Chimanlal Doshi, a tycoon who started with a $60 loan and is now worth $5.2 billion following the successful IPO of his renewable energy firm, Waaree Energies, in India.

October 29th, 2024

European investors can leverage the U.S. sports boom, avoiding old continent's risks, as live experiences' value skyrockets in tech-disrupted age, with sports as a cornerstone of entertainment and human connection.

October 29th, 2024

Deutsche Lufthansa AG reports record sales with high demand for premium travel, increasing capacity in Q4 and expecting a positive operating result for the final three months of 2024.

October 29th, 2024

Sean 'Diddy' Combs is facing lawsuits accusing him of sexually assaulting a 10- and 17-year-old boys in 2005 and 2008, respectively. The allegations include drugging and assault in a hotel room.

October 29th, 2024

Puerto Ricans are outraged after a comedian likened their island to 'a floating island of garbage' at a Donald Trump rally, highlighting their long-standing mistreatment and inability to vote in US presidential elections.

October 29th, 2024

Steve Bannon, a longtime ally of Donald Trump, is set to be released from prison after serving a 4-month sentence for contempt of Congress in connection with the January 6, 2021, US Capitol attack investigation.

October 29th, 2024

Law firm King & Spalding adds veteran litigator Ross Elfand to its New York office, expanding its antitrust team amidst growing client demand in pharmaceutical and technology industries.

October 29th, 2024

Financial analysis methods, fundamental and technical, can predict price trends. Fundamental analysis examines underlying business factors, while technical analysis focuses on charts and patterns.

October 29th, 2024

AWS and Plaid advance the case for open banking and pay by bank in the US, driven by the CFPB's final Rule 1033 draft; the ruling raises questions around liability and operational compliance, but has sparked momentum in the industry.

October 29th, 2024

Middle market corporations in North America leverage virtual cards to optimize working capital efficiency, a key consideration in cash management, according to a PYMNTS Intelligence and Visa collaboration

October 29th, 2024

Experts sound the alarm on the hidden cost of customer churn in subscription businesses, warning that many companies don't see the full impact until it's too late, affecting recurring revenue.

October 29th, 2024

Markaaz CEO discusses the 'data gap' in small businesses, making it hard for banks and fintechs to get the right information to extend credit or onboard seamlessly.

October 29th, 2024

As floodwaters recede, fraudsters capitalize on vulnerable victims; banks face pressure to regain consumer trust.

October 29th, 2024

Discover how instant payments are becoming the standard for ad hoc transactions, transforming the way enterprises make payments to consumers and SMBs.

October 29th, 2024

Ross Stores appoints James Conroy as new CEO, replacing Barbara Rentler. Conroy will join the company on December 2, 2024, and report to Executive Chairman Michael Balmuth.

October 29th, 2024

Starbucks threatens to fire corporate staff who don't return to office three days a week, despite CEO Brian Niccol's own flexible work arrangement allowing him to work in California and travel to Seattle on company jet.

October 29th, 2024

Incendiary devices were set off at two ballot drop boxes, destroying hundreds of ballots and sparking calls of a 'direct attack on democracy' days before the election.

October 29th, 2024