Nike Layoffs Point to Economic Pressures on Retail Spending
Nike is laying off thousands of employees, as consumers’ ongoing financial pressures make it harder for them to justify nonessential purchases, such as adding more sneakers to their collections.
T...
AI Investor Rush Harks Back to ZIRP Days
It’s beginning to feel a bit like early 2021. Investor enthusiasm for AI startups has surged again, after a brief respite, as we reported today. One great example from our story: Perplexity AI has r...
Velmie Launches Customizable Business Banking Platform
Velmie launched its Business Banking Platform designed to help financial services providers and FinTechs broaden their product offerings.
The platform enables these companies to cater to business clie...