Payments Processor Meets Revenue Estimates
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Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.The Wall Street Journal - World -
JD.com Beat Estimates With Higher Profit, Sales
Chinese e-commerce giant JD.com posted a rise in quarterly profit, beating estimates as its core businesses grew despite fierce competition with peers such as Alibaba and PDD.The Wall Street Journal - Business -
Map shows states where COVID is "likely growing"
Health authorities are watching for signs the virus might be starting to accelerate again after a springtime lull in COVID rates.CBS News - Top stories - Covid -
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Average consumer carries $6,218 in credit card debt, as more borrowers are falling behind on their payments
Americans are increasingly falling behind on their credit card payments, recent reports show.CNBC - Business -
May 17 is your last chance to claim your 2020 tax refund — the median payment is $932, IRS says
There is no late filing penalty if you're owed a tax refund. Roughly 940,000 taxpayers could surrender their 2020 refund payment if they don't file by May 17.CNBC - Business -
Card payments remain a ‘challenge’ for legal cannabis as major banks avoid the sector. Changing classification won’t help.
Standard credit card transactions remain elusive but more financial services firms are moving into the space.MarketWatch - Business