PPG Lays Off 2,000 Workers as Part of Cost Reduction Strategy
PPG Industries plans to lay off nearly 2,000 workers. Layoffs result from cost reduction and business divestitures. PPG's growth focus…
Fannie Mae Adjusts Economic Growth Forecast for 2024
The U.S. economy is healthier than previously thought, per Fannie Mae research. Improved forecasts are due to increased personal income…
Elliott Management Uses Podcast to Push for Changes at Southwest Airlines
Elliott Management launches a podcast to advocate for changes at Southwest. The podcast features board nominees discussing strategic plans for…
Klarna Offers New Payment Options for Apple Pay Users
Klarna collaborates with Apple Pay to offer flexible payment options. Options include pay later in installments and financing for costly…
Ulta Beauty Plans 200 New Stores and Loyalty Expansion
Ulta Beauty plans to open 200 new stores in three years. The retailer aims to grow its loyalty program to…
Retail Sales Climb in September as Back-to-School Season Boosts Spending
September retail sales rose by 0.4%, driven by back-to-school demand. Online shopping growth slowed compared to the previous month’s increase.…
Truist Reports Q3 Financial Growth Through Strategic Measures
Truist successfully enhanced Q3 financial performance through strategic measures. Digital adoption and cost control are crucial in the evolving banking…
Swift Achieves G20 Target for Cross-Border Payment Processing
Swift surpasses G20's 2027 target for payment processing speed. 90% of Swift's cross-border payments reach banks in an hour. Challenges…
BVNK Partners with Circle to Enhance USDC Utility
BVNK partners with Circle to enhance USDC's utility for payments. Stablecoin payments have increased tenfold since 2020, reaching $2.5 trillion.…
Onesurance Secures Seed Investment for AI Expansion in Insurance Sector
Onesurance secures seed funding led by Curiosity VC for expansion. Funds will drive international growth and enhance AI solutions for…
