Chinese search engine giant Baidu Inc has hired the finance chief of Weibo Corp as its chief financial officer, marking a leadership change for the firm as its hones its focus onto artificial intelligence.
BHS may have crashed and burned a year ago but the business that was picked up out of the ashes is thriving. The reborn BHS.com business saw sales rising 35% in Q2 as womenswear soared with a 350% sales surge.
Wearable device maker Fitbit on Monday launched its newest device, the Ionic smartwatch, with features ranging from fitness tracking to contactless payment, as it gears up to compete with rivals such as Apple.
AmEx will end up paying a settlement to credit card customers in Puerto Rico and other US territories for charging higher interest rates and engaging in discriminatory practices, federal regulators said on Wednesday.
The specialty retailer met the top end of its expected decline, driven partly by the company's exit out of its Canadian business. E-commerce sales led Express' second quarter performance, increasing 28%.
U.S.-based payment card companies, including AmEx, MasterCard and Visa, are preparing to submit license requests to operate in China within months, according to three people with direct knowledge of the matter.