Cut

How to Cut Your Company’s Payment Fraud Risk

As companies continue to invest in heavily amping up their security measures, fraudsters are shifting their aim — now targeting business’s less-secure alternative payment methods. A record-breaking 82% of organizations became victims of payment fraud in 2018, according to the Association for Financial Professionals. The threats facing small and midsize businesses are more severe. The …

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Scooter start-up promised to serve a whole city. Then it cut out two poor areas

Like 11 other dockless e-scooter companies, Scoot Networks was eager to obtain a coveted permit to do business in San Francisco. In its application, the start-up promised it would “serve more of San Francisco than other operators who will focus on the busiest and most lucrative neighborhoods.” The San Francisco Municipal Transportation Agency, which judged …

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How Intrepid USA Rebranded to Attract Millennial Workers, Cut Turnover in Half

At Intrepid USA, the human resources department is a thing of the past — or rather, the straightforward name for its HR team is. Instead, the country’s 10th largest home health care provider manages hiring, firing, payroll and benefits through a division called “people engagement.” The new label came in 2018 as part of a …

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Ikea to Close Only US Factory, Cut Jobs

Ikea plans to close its only U.S. factory site and shift operations to Europe. The Swedish furniture company’s Danville, Virginia, manufacturing facility will close in December, cutting about 300 jobs, The Wall Street Journal reported. The company said its production costs in Europe will be lower and that importing the goods will make its products more affordable in North America, …

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NYC Restaurants Cut Hours, Raise Prices to Meet $15 Minimum Wage

New York City’s $15 minimum wage, which began to take effect Dec. 31, 2018, was meant to bolster earnings and quality of life, but for a lot of residents, it’s doing the opposite. Democratic New York Gov. Andrew Cuomo signed legislation in 2016 to increase the New York York State’s minimum wage to $15.00/hr. The lowest minimum …

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PFSweb (NASDAQ:PFSW) Cut to Sell at ValuEngine

PFSweb (NASDAQ:PFSW) was downgraded by investment analysts at ValuEngine from a “hold” rating to a “sell” rating in a research note issued on Monday, June 3rd, ValuEngine reports. Several other analysts also recently issued reports on the stock. TheStreet downgraded shares of PFSweb from a “c-” rating to a “d” rating in a report on …

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