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'A slap in the face' - Asos bans shoppers for making too many returns
The company’s new policy targeting frequent product returns aims to reduce operational costs, although it has sparked debate over its impact on customer satisfaction and fairness.
Read Full Article →‘Not an attractive place to shop’: how Poundland lost its appeal to shoppers
The budget retailer reported a pre-tax loss exceeding £51 million last year, reflecting challenges in attracting customers as increased prices and strong competition impact its mar...
Read Full Article →Wowcher: Profit slashed after huge refund over pressure selling tactics
Wowcher experienced a substantial decrease in earnings following the Payment of over £4 million in refunds to nearly 870,000 customers due to concerns raised by the UK competition...
Read Full Article →AMD just showed signs of progress. But can it really take on Nvidia?
AMD’s recent advancements in chip technology may enhance its market position, offering customers additional options and potentially increasing competition within the semiconductor...
Read Full Article →AMD Unveils Its Latest Chips, With ChatGPT Maker OpenAI Among Its Customers
The introduction of AMD’s new processors is expected to impact the tech industry’s market dynamics, potentially influencing sales and partnerships with prominent AI developers like...
Read Full Article →J.D. Power Study Finds More Drivers Switching Car Insurance
The recent analysis indicates increased consumer movement among auto insurance providers, highlighting a competitive environment where companies prioritize customer retention to ma...
Read Full Article →Dozens of states want to block 23andMe from selling DNA info
Multiple states and the District of Columbia have initiated legal action to prevent a genetic testing company from profiting by distributing users’ sensitive genetic data without e...
Read Full Article →Justin Sun-Linked BiT Global Agrees to Drop Coinbase Lawsuit Over Wrapped Bitcoin
The resolution of the dispute involving Wrapped Bitcoin between BiT Global and Coinbase underscores ongoing concerns about the potential financial risks associated with listing cer...
Read Full Article →Walmart chases new and younger customers as tariffs rattle shoppers
Walmart is implementing new strategies to attract a younger demographic amid ongoing tariff challenges that are influencing consumer spending patterns and impacting overall retail...
Read Full Article →HPE’s stock rises as the company shows a stronger AI pipeline. Here’s one big catalyst.
HPE's expanding AI initiatives, particularly driven by increased demand from government clients in the Middle East, are contributing to positive market performance and investor con...
Read Full Article →Robinhood completes $200 million acquisition of crypto exchange Bitstamp
The purchase allows Robinhood to broaden its market presence internationally by integrating Bitstamp’s established user base throughout Europe, the United Kingdom, and parts of Asi...
Read Full Article →United Airlines tries to lure customers back to Newark with lower prices as a shuttered runway reope...
The reopening of a previously closed runway at Newark Liberty International Airport may help United Airlines attract travelers by potentially improving operations and enabling the...
Read Full Article →UK fintech: Can Britain’s booming sector conquer Europe and the US?
The rapid growth of UK fintech companies has significantly boosted their revenues and customer numbers, positioning them as strong contenders for expansion into European and Americ...
Read Full Article →Square Pilots Real-Time Bitcoin Payments in Vegas, Plans Full Availability To Customers in 2026
The introduction of real-time Bitcoin transactions could enhance Square's payment options and potentially increase customer engagement, contingent upon receiving the necessary regu...
Read Full Article →'Major Wake-Up Call': How $400M Coinbase Breach Exposes Crypto's Dark Side
The $400 million security incident at Coinbase affected nearly 70,000 users, highlighting significant risks within the cryptocurrency sector that could potentially lead to broader...
Read Full Article →Why Home Depot’s approach to prices and tariffs will ‘likely play better’ to Trump administration
Home Depot’s strategy to manage costs and tariffs aims to avoid widespread price hikes, which could align with the current administration’s emphasis on controlling inflation and su...
Read Full Article →Chinese Retailer Vipshop's Stock Sinks as Q1 Sales, Active Customers Fall Short
Vipshop experienced a decline in its share value following a reported decrease in quarterly revenue and a reduction in the number of engaged shoppers during the first quarter.
Read Full Article →Jamie Dimon says JPMorgan will let customers buy Bitcoin
JPMorgan’s decision to offer Bitcoin purchases to its clients highlights growing acceptance of digital assets within traditional financial institutions, potentially increasing cryp...
Read Full Article →Coinbase's cyber attack could cost it $400 million
The recent security breach at Coinbase may result in financial liabilities ranging from $180 million to $400 million, prompting a notable decline in the company’s stock value durin...
Read Full Article →Coinbase refuses $20m ransom, launches matching bounty on blackmailers
Coinbase demonstrated a firm stance on cybersecurity by declining a $20 million demand and instead offering an equivalent reward to incentivize reporting of individuals attempting...
Read Full Article →United Utilities: Profit rises significantly as water bills hiked
United Utilities experienced a notable increase in earnings, partially driven by higher charges for its services, leading to a suggested rise in the final dividend for shareholders...
Read Full Article →Ex-Cred Executives Plead Guilty to $150M Crypto Fraud Scheme
Two former Cred executives acknowledged their roles in a scheme that resulted in substantial investor losses when the company collapsed, significantly impacting the cryptocurrency...
Read Full Article →A business owner tested if customers would pay more for American-made. The results were 'sobering.'
A business experiment examining customer willingness to pay a premium for domestically produced goods revealed unexpected challenges that could impact pricing strategies and profit...
Read Full Article →Former Celsius CEO sentenced to 12 years in prison for crypto related fraud: Inner City Press
The sentencing of Alex Mashinsky highlights the legal and financial risks associated with cryptocurrency platforms, underscoring the importance of regulatory oversight and investor...
Read Full Article →March Madness drags down Flutter first-quarter results
Despite global economic uncertainties, CEO Peter Jackson expects continued customer engagement in online sports and casino gaming, although the first-quarter performance was negati...
Read Full Article →Woolworths sales fall behind Coles as price battle rages on
In the context of a competitive price reduction strategy amid an ongoing cost-of-living crisis, Woolworths is experiencing declining sales compared to Coles, affecting their market...
Read Full Article →Y Combinator neobank Djamo raises $17M with 1M users across Francophone Africa
Djamo’s recent $17 million funding round highlights investor confidence in its digital banking services expanding financial access to more than one million users in French-speaking...
Read Full Article →Why without technology, there would be no banks
Advancements in digital tools play a crucial role in enhancing operational efficiency, improving customer interactions, and supporting sustainable growth within the banking industr...
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