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Amazon Gains Ground In Holdout Markets

PYMNTS

Not every product launches smoothly (RIP Fire Phone ), not every new endeavor delivers (Amazon’s flirtations with offering a travel platform ended abruptly) and not every new market immediately yields. Amazon still has mountains to climb, even as the market is softening toward them. Amazon is the biggest winner.”.

Marketing 237
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Live Nation Settles With DOJ Over Ticketmaster Antitrust Violation

PYMNTS

Live Nation Entertainment reached a deal with the government, resolving concerns that the company had violated a 2010 antitrust settlement. However, the DOJ has been investigating the possibility that Live Nation has violated the terms of its agreement by possibly coercing people to use Ticketmaster.

National 130
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April Home Sales Slide As Buyers, Sellers Wait Out Pandemic

PYMNTS

Home sales fell to a 10-year low in April as buying and selling have been challenged by the COVID-19 pandemic, according to the National Association of Realtors (NAR). For the second consecutive month, each of the nation’s four regions saw sales dwindle in year-over-year sales, with the West seeing the greatest dip. million. “The

Regional 247
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2022 Dodd-Frank Stress Test Scenarios Released

Perficient

The Office of the Comptroller of the Currency (OCC) recently released the economic and financial market scenarios that will be used in the upcoming stress tests for covered institutions. Equity market volatility, as measured by the Chicago Board Options Exchange Volatility Index (VIX), declines in 2022 by about 6.5 to hover around 2.50

Capital 294
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Former Restaurant Execs Seek $230M For SPAC

PYMNTS

“Companies and investment firms with a member of our management team in an executive, partner or board role have completed over 100 merger and acquisition, capital markets and private investing transactions since 2010.”. In August, Ruby Tuesday Founder Sandy Beall and Doug Jacob, co-founder of the Washington, D.C.-based

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Amex’s Small Business Saturday Bests $100B

PYMNTS

This brings the estimated total spending on the day to $103 billion since 2010, reported Amex. Millions of shoppers came together to show their support for small, independently owned businesses this Small Business Saturday ,” said Elizabeth Rutledge, chief marketing officer at American Express. An estimated 2.2

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Small Firms Find Tight Labor Market A Costly Challenge

PYMNTS

While entrepreneurs continue to reflect record-level optimism, their top concerns are increasingly including the tight labor market and the importance of retaining staff in such a climate. “And that’s the way the market economy works, for better or worse.” How did small businesses fare in job growth last month?

Marketing 148