Hermès’ disappointing results put it at odds with the rest of the luxury market: The brand has resisted calls to lift its self-imposed production cap as other companies report record earnings.
Walmart pushes into “elevated,” yet affordable fashion: The retail giant is taking a page from Target as it looks to become a destination for clothing that goes beyond the basics.
T-Mobile expands broadband to 5 million more households, boosting access in under-tapped markets: With millions of rural Americans lacking internet access, T-Mobile and other providers are competing to expand availability.
Amex added Plan It to Delta’s checkout, giving the airline another BNPL option for its customers while letting Amex reroute volume to its cards.
A public-private forum created by the Bank of England and the Financial Conduct Authority (FCA) highlights operational best practices for good data stewardship.
On today's episode, we discuss the main takeaways (and the best/worst ads) from this year's Super Bowl, the power of bad customer experiences, what repeating ads can do, how hard it is to hold on to subscribers, whether people will pay more for news, an unpopular opinion about Valentine's Day, what the Scottish are best known for, and more. Tune in to the discussion with director of reports editing Rahul Chadha and our analysts Paul Verna and Dave Frankland.
Amazon will accept Visa credit cards across all of its sites—without surcharges—after reaching a global agreement.
The requirement to cut business ties with people linked to anti-vaccine-mandate protests will be a lot easier for companies with better-established compliance arms.
Voluntary AML initiative could improve crypto’s optics: A group of firms is self-regulating to help companies comply with US laws covering fund transfers between financial institutions’ customers.
Crypto mining keeps working on its environmental problem: ConocoPhillips is running a pilot program to sell natural gas that it would have otherwise burned away to a bitcoin processor.
The creator economy continues to accelerate, particularly internationally: Both Twitter and Cameo have announced new initiatives to keep creators and celebrities on their platforms.
BofA posts soaring digital-engagement stats: Surges in retail banking, wealth management, and payments, including some triple-digit growth, connect degree of engagement with profitability.
The climate for sustainability is getting hot: IBM’s new accelerator is yet another example of brands championing sustainable initiatives.
Walmart Inc.’s earnings show the benefit of prioritizing value over profits: The company’s decision to keep prices low helped it maintain growth and gain market share.
Labor exploitation for EV battery mining is a problem that tech can help fix: Advances in AI and 3D modeling could reduce labor-intensive mining, but battery recycling might stem the problem.