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The CE 100 Index outpaced all benchmarks, with a big boost from the Be Well segment, where a key component got a thumbs up from famed value investor Warren Buffett.
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The overall index gathered 2.2%, as most pillars were higher, with the exception of the Move segment, down 0.2%, and the Shop group, dipping 0.6%.
UnitedHealth Group’s 21.2% surge led the Be Well components...
It’s good to be Instacart these days. That’s the topline of our app provider rankings this week, which focuses on “aggregator” apps, or better known as the platforms that bring together numerous businesses offering similar products or services and make them available to consumers under a unified brand.
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The PYMNTS.com aggregator apps ranking page offers a monthly...
The coffee industry has long been split between the mass-market efficiency of global chains and the artisanal cachet of specialty cafes. Think: giants like Starbucks and Dunkin’ on one end, and single-origin, pour-over purists on the other.
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“What I had seen 20 years ago when I started this business, and what I continue to see today, is people have to do a this or that...
Every year, $8.2 billion quietly slips away from financial institutions, lost in the flow of customer disbursements routed to third-party banks. But what if these payouts, often treated as transactional necessities, could become powerful tools for growth, loyalty and strategic advantage? In this exclusive PYMNTS Intelligence report, created in collaboration with Ingo Payments, we explore how...
Luxury retailers Pandora and Chanel were reportedly the victims of third-party data breaches.
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According to a report last week by CPO, Pandora is dealing with fallout from the hacking campaign targeting customer relationship management platform Salesforce, which has impacted dozens of high-profile companies.
CPO said jewelry maker Pandora confirmed the breach and has...
Non-lawyers are largely forbidden from owning law firms in the United States.
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Financial services firm Burford Capital wants to change that, the Financial Times (FT) reported Sunday (Aug. 17).
The company, which specializes in “litigation finance,” hopes to purchase stakes in American law practices, banking on a change in ownership rules.
Burford Co-Founder Jonathan...
Meta is reportedly reconfiguring its AI efforts, the fourth such restructuring in six months.
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The tech giant’s new artificial intelligence (AI) unit, Meta Superintelligence Labs, is expected to be divided into four groups, The Information reported Saturday (Aug. 16), citing sources familiar with the matter.
Those sources say the four groups include a new lab known as “...
Credit card delinquencies among American consumers reportedly crept up slightly last month.
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The average delinquency rate, which measures late payments, rose to 2.66% in July from 2.63% in June, Seeking Alpha reported Saturday (Aug. 16). That figure was down from 2.87% in July of last year and 2.68% in July 2019, before the COVID pandemic.
At the same time, the average...
Have you found yourself struggling to make the most of your credit card rewards?
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According to a Sunday (Aug. 17) report by The New York Times (NYT), you aren’t alone, as banks and airlines have grown more savvy about limiting perks and ending loopholes.
That means some travel cards now come with steeper annual fees and benefits that industry experts say make it...
Would you count an AI among your list of friends?
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Karandeep Anand, the CEO of artificial intelligence (AI) chatbot company Character.AI, told the Financial Times (FT) Sunday (Aug. 17) that he envisions a future in which that will happen.
“They will not be a replacement for your real friends, but you will have AI friends, and you will be able to take learnings from...