Ant Group consumer finance unit in Chongqing wins operating approval

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Ant Group consumer finance unit in Chongqing wins operating approval

The approval comes nearly two months after Chinese regulators imposed a sweeping restructuring on the Jack Ma’s fintech conglomerate, underscoring a step forward for the revamp of group’s outstanding lucrative consumer loan business. The unit, Chongqing …
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Portland Timbers and Thorns increasing fan capacity to 80%, and proof of vaccination will be required

Larger crowds soon will be returning to Providence Park for Portland Timbers and Thorns games, and proof of COVID-19 vaccination will be required for entry. Fan capacity at the Portland soccer stadium will increase to 80% beginning with the Timbers’ June …
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Facebook appoints its first chief business officer

Fifty-year-old Levine said she will oversee Facebook’s advertising business and global partnerships, in a post. She will report to Chief Operating Officer Sheryl Sandberg. In Levine’s over a decade-long stint …
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Alabama Legalizes Medical Cannabis: Which Pot Stocks Could Benefit?

Months after the so-called “green wave” of states legalizing marijuana to some extent on Election Day 2020, more are flipping the switch. One of the more recent is Alabama, located squarely in a region formerly known for its unwillingness to liberalize cannabis …
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Waitr Shares Falter After Move to Rebrand

By Robb M. Stewart. Waitr Holdings Inc.’s shares dropped Thursday in the wake of plans by the food ordering and delivery company to change its name and identity as part of a rebranding push. In afternoon trading, the stock was 9% lower at $2.03, widening …
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