Digital banks gain U.S. customers during pandemic, thanks to early deposits
Digital banks including Chime, Varo and Current have won over more U.S. customers during the coronavirus pandemic by processing stimulus payments quickly, setting them apart
Category: Business
Target holiday sales jump 17% as shoppers splurge online
Target Corp reported a 17.2% rise in comparable sales for the holiday season on Wednesday as its online sales more than doubled, thanks to faster
Carrefour shares leap on Couche-Tard $19.7 billion takeover talks
A near $20 billion takeover approach for European retailer Carrefour SA by Canadian convenience-store operator Alimentation Couche-Tard ran into early opposition as the French government
Automaker Mahindra cuts over half of North America workforce
Indian automaker Mahindra & Mahindra Ltd has cut more than half of the workforce at its North American unit, two sources familiar with the matter
Dropbox to layoff 11% of workforce, COO to step down
Dropbox Inc on Wednesday announced the exit of operations chief and said it will cut 11% of its global workforce, or 315 people, as the
Wall Street brushes off political turmoil, looks to economic rebound
The U.S. stock market is mostly unfazed by the political turmoil in Washington and fears of violence ahead of President-elect Joe Biden’s inauguration, with investors
DHL Express sees strong start to year, Brexit challenges under control
DHL Express is off to a strong start to the year even as capacity remains tight due to the COVID-19 pandemic, with post-Brexit adjustments on