Walmart will close 15 stores in 11 states and Washington, DC. The company is also winding down its two remaining pickup locations in Illinois and Arkansas. Hundreds of workers will also be laid off at five ecommerce fulfillment centers across…
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POS infrastructure providers are scrambling to align their offerings mPOS providers are trying to balance demands from upmarket sellers and micromerchants Payment gateways must double down on omnichannel to woo customers LoadingSomething is loading. Thanks for signing up! Access your…
Front-line Ukrainian soldiers say it feels like Russia has been firing “unlimited” artillery shells. Troops tell the BBC they worry about running out of ammunition by the end of year. New weapons from the US and NATO allies, like the…
Wedbush Securities investment firm said it’s not seeing anything illegal with payment company Block. Short-seller Hindenburg alleged that Block misled investors with “inflated metrics.” But Wedbush equity research head Moshe Katri said, “Block is a legitimate player in the space.” …
US fraud prosecutors charged Terraform Labs CEO Do Kwon hours after his arrest in Montenegro. Kwon created two cryptocurrencies TerraUSD and its sister affiliate Luna that lost $40B last year. He now faces an eight-count indictment, including securities and commodities…
Trump said that there’s a “potential” for “death & destruction” if he’s charged by NY prosecutors. It’s the third time Trump has alluded to the possibility of political unrest and violence in the last several days. Earlier this week, he…
Gov. Ron DeSantis says he did not eat a chocolate pudding with his fingers. DeSantis was rebutting a claim about his eating habits that a former staffer made to the Daily Beast. “I’m like is that really the best you’ve…
Rep. Alexandria Ocasio-Cortez criticized the GOP-backed Parents Bill of Rights Act on Thursday. She said the bill could lead to banning books similar to legislation on the state level. Her comments came after a publisher in Florida removed mention of…
A couple is accusing JPMorgan of selling valuables that were placed in the lender’s safe deposit boxes. JPMorgan drilled open 4 safe deposit boxes after it did not receive rent for the boxes, per the complaint. The couple said the…
