Neko Health Turned a Dreaded Blood Test Into an Experience People Want to Repeat
Slippers, water, and a $499 lesson in customer experience.
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Texas Advisors Convicted in $60 Million Ponzi Scheme
A pair of Texas advisors face decades in prison after they were convicted this week of co-conspiring with a radio personality on a Ponzi scheme that bilked millions from investors, according to the Justice Department. Lubbock residents Joshua Allen and Michael Cox were convicted at the end of a weeklong federal trial in San Antonio…
Priority Announces It Will Go Private in a $1.6 Billion Deal – Digital Transactions
An investor group led by Priority Technology Holdings Inc. chairman and chief executive Thomas Priore will take the processor private in a deal valued at $1.6 billion, or $8.05 per share in cash, Priority announced early Monday. The company’s closing share price on Friday was $5.83. The agreement follows a preliminary, non-binding proposal publicly disclosed…
Serena Williams Says She Eats Her First Meal Later Than People Expect
Serena Williams, 44, said she doesn’t start her training days with breakfast. “I’m not really a breakfast person, so my first meal is usually around lunchtime. I’ll start with protein, have something lighter before I train, and then make sure I have a more substantial meal afterward to recover,” Williams told People in an interview…
AI Opens a New Distribution Channel for Credit
Economic pressure is incentivizing consumers more reason to compare the cost of a purchase, the possibility of financing behind it and the alternatives before committing. Financial providers are embedding those choices into a new place: the artificial intelligence (AI) platforms consumers are using to research what to buy. AI’s potential financial-product distribution channel is taking…
Uber is cutting 3,300 jobs despite double-digit growth as it makes room for its robotaxi future
On Wednesday, Uber CEO Dara Khosrowshahi announced the company will be cutting 3,300 jobs, a tenth of its workforce worldwide. It’s the biggest cuts since Covid, when the ride-share app cut 14% of its workforce, amounting to 3,700 jobs. “This wasn’t a decision we made lightly, because it will have a real impact on our…
Have CCPs got better at absorbing shocks?
Extreme market shocks are becoming less exceptional. Since the coronavirus pandemic in March 2020, global markets have been rattled by Russia’s invasion of Ukraine, the ‘Liberation Day’ tariffs of April 2025 and, most recently, the US war on Iran. Central counterparties (CCPs) have had to manage the fallout from each episode, as clearing members found…
