Browsing: parent

Overnight, Brightline confirmed it reached a deal to restructure its finances, following reports that the company was nearing a Chapter 11 filing. The bottom line for riders is that Brightline says trains between Miami and Orlando will continue running as normal. Brightline says the new deal brings in $490 million in new financing. The money…

Nasdaq has agreed to invest $100 million in Payward, the parent company of global cryptocurrency platform Kraken, as the exchange operator expands its strategy around tokenized equities, always-on markets and infrastructure connecting traditional financial systems with decentralized networks. The investment will be made through Nasdaq Ventures and significantly deepens a relationship the companies first announced…

Online eyewear has reached a new phase of maturity, as consumers grow more confident purchasing prescription products digitally and as retailers invest in faster fulfillment, improved fit technology and more seamless omnichannel journeys. At the same time, competition is intensifying across price points and formats, pushing operators to rethink how value is created and captured.