Business

Visa Turns Android Phones Into Contactless Payment Terminals

Visa has a new solution for shops wary of handling cash. On Wednesday, the financial services company unveiled a new “Tap to Phone” product that can turn Android smartphones into contactless payment terminals. “The partners that we have, through our Visa Ready program, are able to download an app to their device and create, basically, […]

Business

Rocket Lab stands down Canon launch

UPDATE: After two delays, Rocket Lab has abandoned morning’s launch. The company tweeted, “We’re standing down from today’s attempt. Some sensors are returning data that we want to look into further. We have back up opportunities until Nov 3. Stay tuned for updates on new launch date!” Rocket Lab is counting down to its 15th […]

Business

Gull drops petrol prices by 20 cents

Petrol company Gull has launched a major promotion, slashing prices at the tank by 20 cents from 7am today. The promotion will run until 12pm on Friday Afternoon. The company says all fuel types will be included and that it’s an effort to say thank you to customers. Gull consistently runs petrol price discounts as […]

Business

Tesla is on track to report its first annual profit, but its growth may be slowing.

Tesla on Wednesday is expected to report a profit for the fifth consecutive quarter, putting it on track to report its only annual profit since its founding in 2003. But the company will also face questions about whether the strong sales growth it has enjoyed over the last few years is tapering off. Analysts believe […]

Business

Seven states are considering filing their own antitrust suit against Google.

Seven states may soon file a separate antitrust lawsuit against Google, the New York attorney general, Letitia James, announced on Tuesday. That’s in addition to the 11 states that joined the U.S. Department of Justice on Tuesday in filing a lawsuit against Google, accusing it of maintaining an illegal monopoly over search and search advertising. […]

Business

Valerie Jarrett Named to Ralph Lauren’s Board of Directors

Valerie Jarrett, senior distinguished fellow at the University of Chicago Law School, has been named to Ralph Lauren’s board of directors, effective today. This brings the number of directors to 13. “We are pleased to welcome Valerie to the  Ralph Lauren board directors,” said Ralph Lauren, the company’s executive chairman and chief creative officer. “Valerie […]

Business

Landowners living near shuttered oil and gas drilling sites worry economic crisis will leave behind environmental hazards

Mark Schell’s family has farmed in Colorado since 1906 and even though he works as a certified public accountant, he hasn’t left that way of life behind. About a year ago, Schell bought a 310-acre farm in Mead that he leases to someone else to raise crops. But he was spending more and more time […]

Business

The Case(s) Against Big Tech

On Nov. 17 and 18, DealBook opens its doors to our first Online Summit. Join us as we welcome consequential newsmakers in business, policy and culture to explore the pivotal questions of the moment — and the future. Watch from anywhere in the world, free of charge. Register now. Both sides want to rein in […]

Business

New Data Reveals Predictions for Reimagined Holiday Traditions

The coronavirus pandemic has undoubtedly turned everyday shopping on its head, a phenomenon that is increasingly impacting the 2020 holiday season. Still, according to Deloitte, which has been tracking the holiday shopping period for 35 years, what remains consistent is consumer considerations for price, value, convenience, and the desire to create a special season for […]

Business

Logitech reports 75% jump in quarterly sales, raises full-year outlook

FILE PHOTO: Chief Executive Bracken Darrell of the computer peripherals maker Logitech addresses the company’s annual news conference in Zurich, Switzerland April 26, 2017. REUTERS/Arnd Wiegmann(Reuters) – Logitech International LOGN.S on Tuesday reported a surge in second-quarter revenue and net profit as the computer peripherals maker benefited from a shift to working from home during […]