Cross-border intelligence

The hype for flipping art toys has faded! Pop toy giant's Q3 revenue nearly halved

Weekly major events roundup.

Luxury Mystery Boxes Turn Shopping Into a $500 Surprise

Luxury shopping has developed a new answer to “What did you buy?” “I’ll know in a moment.” Beezie, a platform that combines collectibles with digital ownership, said in an Oct. 1 press release that its first luxury mystery box offering sold

Alibaba.com (Wuhan) Cross-border Entrepreneurship Incubation Center settles in the Optics Valley Cross-border E-commerce Industrial Park

Optics Valley Going-Global Service System released

What constitutes a wellness brand?

This week's Modern Retail Podcast explores how categories like food, beauty and home gadgets are reshaping the definition of wellness.

Snack Giant Mondelez Says Inflation Pressure Drives Global Demand for Smaller Packs

Mondelez International saw broad-based demand for its snack foods in the third quarter, despite concerns about inflation and the cost of living in both developed and emerging markets, Chairman and CEO Dirk Van de Put said in a Thursday (Oct

Once Upon A Farm Recalls All Lots and Varieties of Tractor Wheels Organic Toddler Soft-Baked Bars Due to Potential Choking Hazard

FDA-hosted company recall notices and safety alerts for FDA-regulated products in the United States. Match product, lot, market and notice date; a company announcement is distinct from an FDA enforcement decision.

Samsung Warns AI Memory Shortage Will Worsen Through 2027

Samsung expects the demand for memory to “far exceed” supply in 2027, the company said in a Thursday (Oct. 29) press release announcing its third quarter financial results. That demand will be driven by companies’ capital expenditure on art

CNBC: Stock market rocked as investors dump tech shares

CNBC reports: The Nasdaq Composite tumbled on Friday, while the Dow Jones Industrial Average outperformed as traders moved out of key stocks related to artificial intelligence and into more defensive areas of the market. The tech-heavy Nasd

Scotiabank Wins Fed Approval to Buy Oklahoma-Based MapleMark Bank

The Federal Reserve Board approved the application by the Bank of Nova Scotia to become a bank holding company by acquiring Dallas, Texas-based Maple Financial Holdings and thereby indirectly acquiring Tulsa, Oklahoma-based MapleMark Bank,

Revolve Lifts Revenue per Visit By 50% With AI-Personalized Landing Pages

A shopper who clicked a Revolve ad used to land on the same brand or category page as everyone else, whatever the ad showed. The fashion retailer now uses artificial intelligence (AI) to build a landing page for each click. In A/B tests, th

Binance Hack Tests Its Pledge to Cover Customer Losses

Binance’s pledge to absorb an estimated $6.3 billion theft leaves the exchange responsible for replacing customers’ assets while investigators pursue a recovery whose timing and outcome remain uncertain. Following the hack, Binance said its

Apple Acquires AI Firm Ascend.io Talent and Patents

Apple acquired artificial intelligence firm Ascension Labs, which does business as Ascend.io, in June, according to a list of acquisitions maintained by the European Commission. The deal gives Apple the right to make employment offers and t

Why AI Investors Are Buying ADT, Accountants and Call Centers

Artificial intelligence investors are no longer only backing software for accountants, property managers and call centers. A growing number are buying the businesses themselves. The targets already have customers, recurring revenue and year

Rail Rivalry: Schneider’s Bold Move to Norfolk Southern from CSX

Schneider is making a monumental shift in its intermodal operations, moving all eastern rail business from CSX to Norfolk Southern. This strategic partnership aims to unlock significant growth, enhance capacity flexibility, and drive more f

Galaxy Digital Seeks Bank Charter to Expand Financial Services Reach

Digital assets and data infrastructure company Galaxy Digital aims to create a national trust bank that would provide fiduciary investment advisory services along with Galaxy’s custody, trading and staking services, the company said in a Th

Unexpected Boom: Trailer Leasing Demand Hits Record Highs

The trailer market is experiencing an unexpected surge, with utilization rates surpassing even pandemic levels. Craig Barth, CFO at Premier Trailer Leasing, breaks down why this supply-side driven boom is happening, the shift in demand for

SAIA’s Record $982.5M Q3 Revenue | What’s Next?

SAIA President & CEO Fritz Holgrefe breaks down the company’s impressive third-quarter earnings, including record revenue and significant improvements in customer satisfaction and claims ratios. Discover how strategic network investments an

TFI chief Bedard rips into its US LTL operations, promises change

Alain Bedard, the CEO of TFI International, had been highly critical of his company’s U.S. LTL operations back in 2024, at one point referring to some of its practices as “stupid.” As recently as April, he was far more optimistic about the

Beverage Distribution: Why Your SKU Count is Crushing Productivity

SKU proliferation has made beverage distribution a logistical nightmare. Zac Boehm, Chief Automation Officer at Hy-Tek Intralogistics, breaks down how their innovative automation systems, High-Sync and High-Flow, tackle the challenges of ri

CD&R and GTCR Launch $40 Billion Buyout Bid for Global Payments

Private investment firm CD&R and private equity group GTCR have teamed up on a joint bid to buy out card processor Global Payments, the Financial Times reported Friday (Oct. 30), citing unnamed sources. GTCR is Global Payments’ largest shar

Arkansas truck blitz nets 183 English violations, 44 arrests in 48 hours

A two-day Arkansas trucking enforcement blitz resulted in 183 English-language proficiency violations, 44 criminal arrests and 74 immigration violations. The post Arkansas truck blitz nets 183 English violations, 44 arrests in 48 hours appe

Workers are ‘habit hugging’ despite new training, survey finds

The term describes employees who don’t consistently use new work methods they’ve been trained on, representing a learning and development challenge, TalentLMS said.

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European postal operators gear up for surge in holiday volume

Posten Bring in Norway and Deutsche Post in Germany are beefing up locker networks and taking other steps to ensure smooth delivery service for the holidays. The post European postal operators gear up for surge in holiday volume appeared fi