The swift reaction by companies in the weeks since Apple Pay was unveiled makes clear that how we normally pay for goods and services is ripe for transformation.
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In a paper, Mr. Summers and three co-authors argued that the lack of cooperation had slowed growth and left more Americans jobless.
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David Boies, the plaintiff’s star lawyer, sought to paint the rescue as one that was filled with second-guessing on the part of the government.
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The traditional payment system is cumbersome and expensive, but PayPal’s numbers suggest the old order is far from done.
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The next few days and weeks could be critical for the bond giant as it tries to stem a wave of money flowing out after the abrupt departure of its co-founder.
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The swift reaction by companies in the weeks since Apple Pay was unveiled makes clear that how we normally pay for goods and services is ripe for transformation.
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Among the questions raised: Does the entertainment industry need to change its business model to address the reality of illegal streaming?
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Five aspiring female directors will be chosen to make short films based on “Twilight” characters which will be shown exclusively on Facebook next year.
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An executive of Mondelez International, which ran a spot featuring nontraditional families, said, “Being fearless is the only answer right now.”
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