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Lyft, Tripadvisor, Take-Two Interactive and more

CFO News Room

Kohl’s – Shares of the retailer surged 10% following news that CEO Michelle Gass is leaving the company. on the news. Tesla – Tesla’s stock shed 1% during midday trading Tuesday amid news that the company is recalling more than 40,000 of its vehicles in the U.S. Gass will join Levi Strauss & Co.

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Bitcoin Daily: Banque de France Seeks CBDC Experiment Applications; Bitget Looks To Grow In The US

PYMNTS

The Banque de France is seeking applications “to experiment with a central bank digital currency for interbank settlements,” according to an announcement from the French central bank. ” In other news, Bitget, which is based in Singapore, said it had registered as a money services business with U.S.

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MiB: Mathieu Chabran, Tikehau Capital

Barry Ritholtz

Chabran was named Chevalier de l’Ordre de la Légion d’Honneur by decree of the President of the French Republic in January 2022. He explains how the firm decided to expand from Paris into London and Singapore and finally into the US, opening offices in New York.

Banking 64
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Promises Not Kept – AIER

CFO News Room

For instance, here was the PPP news headline equivalent of “water still wet:” “ Small Business Loans Helped the Well-Heeled and Connected, Too.”. Veronique de Rugy. AIER Senior Fellow Veronique de Rugy is also a Senior Research Fellow at the Mercatus Center at George Mason University and a nationally syndicated columnist.

Economics 130
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Today In Digital-First Banking: Banque de France Completes CBDC Pilot; New PPP Extends $5 Billion In Loans In First Week

PYMNTS

In today’s top news in digital-first banking, Banque de France has completed its central bank digital currency (CBDC) test, while roughly 60,000 loans were distributed during the first week of the reopened Paycheck Protection Program (PPP). Banque De France Has Finished CBDC Trial.

Banking 54
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10 Tuesday AM Reads

Barry Ritholtz

Axios ) • Food fight: FDA is redefining ‘healthy’ and food industry is pushing back : Less saturated fat, less sodium, less added sugar; manufacturers say almost no packaged foods would qualify under the agency’s new rules. Millions of people are already using apps like ChatGPT to write books, create art, and develop code. (

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Bundle Up: NYC Restaurants To Offer Year-Round Outdoor Dining

PYMNTS

Dining out has taken on new meaning in New York City. Mayor Bill de Blasio told WNYC that outdoor dining will be allowed year-round, amNewYork reported. I really want us to take this model and make it a part of the life of New York City for years and generations to come … I really think it’s going to help restaurants survive.”.