Cross-border intelligence

HSBC Launches Hong Kong Dollar Stablecoin for Everyday Payments

HSBC has launched its first stablecoin, HSBC RedCoin (RCHKD), in Hong Kong, saying in a Friday (Oct. 23) press release that it is built for everyday payments and transactions. HSBC RedCoin is licensed and regulated by the Hong Kong Monetary

Shoppers Would Send AI Agents to Marketplaces Over Brand Sites

Artificial intelligence (AI) shopping agents could make it easier for consumers to compare products and complete purchases, but they may not change where shoppers spend their money. Even when an autonomous AI assistant can purchase the same

TD Bank Taps Akoya to Power Secure Open Banking API Access

TD Bank U.S. and data network Akoya are collaborating to help financial apps and data providers connect to TD through secure APIs, the companies said in a Tuesday (Oct. 20) press release. The companies will accomplish this by deploying Akoy

New Drewry data shows import demand boosting trans-Pacific rates

Drewry’s World Container Index rose on higher rates on trans-Pacific and Asia-Europe routes. The post New Drewry data shows import demand boosting trans-Pacific rates appeared first on FreightWaves.

Roadrunner announces Canada-outbound service

Less-than-truckload carrier Roadrunner announced a new outbound Canada-to-U.S. service on Friday, alongside a 5.9% general rate increase taking effect on Nov. 2. The post Roadrunner announces Canada-outbound service appeared first on Freigh

Trump tweaks Canada tariffs, removing certain goods while adding others

Plywood and certain packaging materials are among the products that will no longer face the 50% tariff, effective Oct. 30.

Wabtec earnings rise on higher freight and transit sales

Rail equipment supplier Wabtec raised its outlook on higher third-quarter revenue and earnings. The post Wabtec earnings rise on higher freight and transit sales appeared first on FreightWaves.

SpaceX Enlists 130 Tech Leaders to Help Businesses Deploy Grok AI

SpaceX has launched a partner program that offers training, tools and support to companies that build products, solutions and services with the company’s artificial intelligence (AI) model, Grok, according to a Thursday (Oct. 22) press rele

Trucking’s “Ruthless” vs. “Conservative:” Who’s Winning?

In a lukewarm freight market, not all carriers are feeling the same heat. Craig Fuller and Paul Tonsager dive deep into why Knight-Swift’s ‘ruthless’ approach might be outperforming JB Hunt’s ‘conservative’ strategy, and what this means for

How Much Do Rejected Loads REALLY Cost Shippers?

Discover how new Sonar indices are revolutionizing freight cost transparency. Shippers can now accurately track the real premiums paid for rejected loads and understand escalating contract rates. This essential data helps you optimize routi

LSEG Pays $3.5 Billion to Feed Wall Street’s AI

Artificial intelligence is reducing the time and cost of financial research, but the data behind that research is becoming more valuable. Two investments announced Thursday (Oct. 22) illustrate the shift. London Stock Exchange Group (LSEG)

States Move to Centralize Digital IDs as More Services Go Online

Your phone can already hold your credit cards, your boarding pass and your insurance card. In a growing number of states, it can hold your driver’s license, too. Now, state leaders are asking a bigger question. Should residents have one dig

Rapidly scaling online storage to serve over 1 billion ChatGPT users (Part II)

Learn how OpenAI scaled Habitat with reliable multi-tenancy, global caching, and Azure Cosmos DB to deliver 12× faster reads for ChatGPT.

Orchestrating SageMaker AI endpoint auto scaling with AWS CDK

Updating a SageMaker AI endpoint that has Application Auto Scaling registered makes AWS CloudFormation and AWS CDK deployments fail. This post shows how to build a reusable AWS CDK construct with CloudFormation custom resources that deregis

Cost pressures sink Marten Transport’s Q3

Shares of refrigerated carrier Marten Transport dropped 7% in midday trading on Friday after a disappointing third-quarter report, which noted that rising fuel and health insurance costs dragged down performance despite improving supply-dem

Amex Plans Job Cuts, Sets AI Rules as Gen Z Spending Jumps 35%

American Express is cutting management layers and expanding artificial intelligence across customer service and commerce, with rules governing how outside agents reach customers’ accounts and benefits. According to a Friday (Oct. 23) third-

Lululemon adds former product chief to board

Tara Poseley, who led product at the athletics retailer from 2013 to 2015, is joining the board as part of the company’s agreement with founder Chip Wilson.

LitPivot: Developing research ideas through dynamic contextualization within the literature landscape

Macy’s revamps Santaland, brings back Holiday Square

The department store is leaning into the festive season at its Herald Square flagship in New York with a variety of activations.

5 US manufacturing projects bring more than $1.6B in investments

Five shippers are investing more than $1.6 billion in new or expanded U.S. facilities, adding production capacity for commercial trailers, school buses, cooling systems and bottled beverages. The post 5 US manufacturing projects bring more

Bath & Body Works introduces new store concept

The Feel Good concept is now open in Charlotte, North Carolina, and features easy navigation and enhanced testing experiences.

The Weekly Closeout: Torrid CFO exits and Belk secures financing

Paula Dempsey will leave the apparel retailer next month. The department store, meanwhile, will use some of its new funds for seasonal inventory.

Amex to shrink workforce

The card company plans to cut 4.5% of its employees to become more “agile and efficient” as it adjusts to more use of artificial intelligence, CEO Stephen Squeri said.

The vulnerability beneath the checkout: why the PHP scare was a wake-up call for retail

Following the cyberattacks on ASOS, Whistles & Hobbs and Intermarché, another major cybersecurity story emerged this week. The post The vulnerability beneath the checkout: why the PHP scare was a wake-up call for retail appeared first on In