08:48 AM EDT, 07/10/2024 (MT Newswires) -- eBay ( EBAY ) said Wednesday that it has rolled out Business Cash Advance, a financing product offered by Liberis that provides up to $1 million in working capital to eligible US eBay sellers in as little as 24 hours. The company said Business Cash Advance allows sellers to trace their payment activities,...

08:48 AM EDT, 07/10/2024 (MT Newswires) -- Consumer stocks were edging higher pre-bell Wednesday with the Consumer Staples Select Sector SPDR Fund (XLP) up 0.1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) recently advancing by 0.2%. Yatsen Holding ( YSG ) fell past 7% after saying it is lowering its Q2 revenue outlook to reflect current and preliminary...

July 10 (Reuters) - TurboTax-parent Intuit said on Wednesday it will let go of about 1,800 employees, or 10% of its workforce, as it looks to reinvest capital in other critical areas. The company, which has invested heavily in providing generative AI powered accounting and tax preparation tools for small and medium businesses in the past few years, expects to...

08:47 AM EDT, 07/10/2024 (MT Newswires) -- Vertical Aerospace ( EVTL ) said Wednesday that the UK Civil Aviation Authority has expanded the scope of its design organization approval, enabling the company's engineers to independently verify compliance in additional technical areas like flight control, avionics and electrical systems. This streamlines the certification process, the company said. Shares of Vertical Aerospace...