Sol Dias Ice Cream, in the Dallas metro area, draws in customers with its award-winning mango sorbet and flavors with a Mexican twist like “tequila” and “queso.” The unique fla...
Tag: Visa Inc
American Express, Intel, Silvergate Capital and more
American Express, Visa and Mastercard signage are displayed in a shop window in New York. Scott Eells | Bloomberg | Getty Images Check out the companies making headlines in midday trading. American Ex...
Intel, Chevron, American Express, Silvergate and more
Intel said April 5, 2022 that it has suspended all business operations in Russia. Paco Freire/Sopa Images | Lightrocket | Getty Images Check out the companies making headlines before the bell: Intel —...
Intel, Visa, Hasbro and more
The Intel Corporation logo is seen at a temporary office during the World Economic Forum 2022 (WEF) in the Alpine resort of Davos, Switzerland May 25, 2022. Arnd Wiegmann | Reuters Check out the compa...
Bank of America, JPMorgan and other banks reportedly team up on digital wallet to rival Apple Pay
Brendan McDermid | Reuters Several banks are reportedly working on a digital wallet that links with debit and credit cards to compete with Apple Pay and PayPal. According to the Wall Street Journal, t...
Jim Cramer says an ‘obsession’ with mega-cap tech names is overshadowing a bull market
CNBC’s Jim Cramer on Thursday said that the carnage in tech stocks is concealing a bull market in other names. “We had a very traditional bull market based on the dollar and interest rates...
Lululemon, Duck Creek and more
A Lululemon store in New York Scott Mlyn | CNBC Check out the companies making the biggest moves premarket: Lululemon — Shares of the Canadian apparel company fell more than 10% after Lululemon lowere...
Tim Draper predicts bitcoin will reach $250,000 despite FTX collapse
Tim Draper, founder of Draper Associates, onstage at the Web Summit 2022 tech conference. Ben McShane | Sportsfile via Getty Images Venture capitalist Tim Draper thinks bitcoin will hit $250,000 a coi...
Visa says Ryan McInerney will replace Al Kelly as its next CEO
Visa Thursday named Ryan McInerney as its next chief executive, replacing Alfred Kelly who will step down from the role, effective Feb. 1, 2023. McInerney has been president at Visa since 2013, overse...
Tech can’t find a bottom; industrial, consumer stocks bounce
Lots of companies got clocked last week. We saw weakness in a host of industries everything from media to gambling to cloud computing and software sales. The pain in the technology sector seems to kno...
Travel has edge over shopping this holiday season amid inflation
Retailers have a new threat this holiday season: wanderlust. Americans are returning to the skies, filling hotels, swarming theme parks — and they’re showing a willingness to spend more of their...
Harley-Davidson, Visa, Microsoft, Biogen and more
A mechanic works on a motorcycle at a Harley-Davidson showroom and repair shop in Lindon, Utah, on Monday, April 19, 2021. George Frey | Bloomberg | Getty Images Check out the companies making headlin...
Boeing, Hilton, Harley-Davidson and others
Check out the companies making headlines before the bell: Boeing (BA) – Boeing added 1% in the premarket in spite of reporting an unexpected quarterly loss and revenue that fell below Street forecasts...
Digital bank N26 launches crypto trading service amid bear market
N26 Crypto will let users buy and sell 100 tokens including bitcoin and ether. N26 European digital bank N26 announced Thursday it is launching a crypto trading service, starting with Austria as the f...
Mastercard will help banks offer cryptocurrency trading
A 3D printed Mastercard logo is seen in front of displayed stock graph in this illustration taken September 20, 2021. Dado Ruvic | Reuters Mastercard is looking to bring crypto to the masses by making...
England women’s soccer viewership is soaring. Will sponsorship follow?
Frida Maanum of Arsenal in action during the FA Women’s Super League match between Arsenal and Tottenham Hotspur at Emirates Stadium on Sept. 24, 2022 in London. Naomi Baker – The Fa | The...
Visa partners with FTX in a bet that shoppers still want to spend cryptocurrencies in a bear market
Visa payment cards laid out on a computer keyboard. Matt Cardy | Getty Images Visa is betting that crypto investors still want to spend their digital currencies, even as prices plummet this year. The ...
Mastercard deepens crypto push with tool for preventing fraud
Mastercard credit cards Roberto Machado Noa/ LightRocket via Getty Images Mastercard will on Tuesday debut a new piece of software that helps banks identify and cut off transactions from fraud-prone c...
GOP attorneys general ask credit card companies to drop gun store code
Fire arms are seen at the Bobâs Little Sport Gun Shop in the town of Glassboro, New Jersey, United States on May 26, 2022. Tayfun Coskun | Anadolu Agency | Getty Images Two dozen Republican attorneys...
Gun law advocates hail credit card code as way to cut down suspicious sales
Fire arms are seen at the Bobâs Little Sport Gun Shop in the town of Glassboro, New Jersey, United States on May 26, 2022. Tayfun Coskun | Anadolu Agency | Getty Images Gun law advocates are praising...
JPMorgan (JPM) fintech deal to acquire Renovite to battle Stripe and Block
The main entrance at JPMorgan’s headquarters in New York City. Erik McGregor | LightRocket | Getty Images JPMorgan Chase has agreed to acquire a payments startup called Renovite to fend off thre...
Visa, Mastercard suspend payments for ad purchases on PornHub, MindGeek
Visa and Mastercard said Thursday card payments for advertising on Pornhub and its parent company MindGeek would be suspended after a lawsuit stoked controversy over whether the payments giants could ...
Bill Ackman blasts Visa, saying it has the power to pressure Pornhub to remove child pornography
Bill Ackman, founder and CEO of Pershing Square Capital Management. Adam Jeffery | CNBC Billionaire hedge fund manager Bill Ackman is taking a vocal stance against Visa, saying the credit card giant h...
JPMorgan hires scientist Charles Lim to head quantum computing unit
Dr. Charles Lim, Global Head of Quantum Communications and Cryptography, JP Morgan Chase Courtesy: JP Morgan Chase JPMorgan Chase has hired a Singapore-based quantum computing expert to be the bank...
Alphabet, Texas Instruments, Enphase and more
A Chipotle Mexican Grill sign is seen in the Park Slope neighborhood in the Brooklyn borough of New York City. Michael M. Santiago | Getty Images Check out the companies making headlines in after hour...
Here’s what’s hot — and what’s not — in fintech right now
There has been something of a rotation out of certain pockets of fintech that were hyped by venture capitalists last year, such as crypto and “buy now, pay later,” and into less sexy areas...
Attractive ETF for a volatile market is DIVO: Amplify ETFs CEO
Investors may want to consider a special fund focused on high dividend yielding large-caps, according to a leading ETF fund manager. Christian Magoon believes his firm’s actively managed Amplify...
Crypto threatens safety of payment schemes, Starling boss warns
Starling CEO Anne Boden. Harry Murphy | Sportsfile for Web Summit via Getty Images AMSTERDAM — The boss of Goldman Sachs-backed digital bank Starling has doubled down on criticisms of crypto, calling ...
Checkout.com jumps into crypto with stablecoin payments feature
The logo for payments start-up Checkout.com. Checkout.com AMSTERDAM — Online payments company Checkout.com says it will settle payments for its merchants round-the-clock using stablecoins, making it t...
Citigroup shares jump 7% after Warren Buffett reveals a near $3 billion stake in the struggling bank
Berkshire Hathaway Chairman and CEO Warren Buffett. Andrew Harnik | AP The 91-year-old “Oracle of Omaha” scooped up Citi shares while they have been underperforming the rest of the financi...
Tala: 2022 CNBC Disruptor 50
Founder: Shivani Siroya (CEO)Launched: 2014Headquarters: Santa Monica, CaliforniaFunding: $362.1 millionValuation: $800 million (PitchBook)Key technologies: Machine learningIndustry: FintechPrevious a...