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Services that split up payments into installments are increasingly popular, especially among young and low-to-middle income shoppers. But now the FICO credit scoring company will be tracking that debt.
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The award is shared by Daron Acemoglu and Simon Johnson of MIT and James Robinson of the University of Chicago for their research on the institutional roots of national wealth and poverty. They will split the prize money of 11 million Swedish krona or about $1.058 million. -
A trove of secret documents show teens’ increasing reliance on TikTok and how executives were acutely aware of the potential harm the app can cause young people, but appeared unconcerned. -
The ubiquitous convenience store owed its recent revenue drops to inflation, declining cigarette sales and a shift in palates toward fresh food and specialty drinks. -
Two senators, who have pushed online child safety legislation in Congress, demanded that TikTok executives share all materials the company has about the dangers kids may encounter on the wildly popular service. -
Boeing has been losing money for over five years and is now dealing with a strike that has shut down factories in the Seattle area. The staff cuts will include executives and managers, the CEO said. -
A final vote is scheduled on Monday. -
The international company that owns the American brands is struggling with a glut of unsold cars and smaller profits. The layoffs could have ripple effects through its U.S. workforce of 52,000. -
The public library in Toledo, Ohio, is one of a number across the U.S. that have become entrepreneurial hubs. Business-specialist librarians are helping aspiring small-business owners and nonprofits for free. -
Ukrainian officials on Thursday confirmed the death of freelance journalist Victoria Roshchyna, though the circumstances surrounding her death were unclear. -
In communications newly revealed, TikTok executives discuss being aware of the harms caused by their app. TikTok officials were warned of the app’s dangers to minors.
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