How the US Department of Justice is fighting back against new wave of fintech apps

The Federal Trade Commission is taking aim at new wave aplenty.The agency on Wednesday filed an amended complaint against US software giant SAP, alleging that it is violating antitrust laws by selling products that enable its customers to take advantage of financial innovations.In its new complaint, the FTC accuses SAP of artificially inflating its market […]

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Chick-fila to open Chick-Fil-A Apparel store in Chicago

A source with knowledge of the matter confirmed to EW that Chick-FIL-A has secured an $80 million loan for its Chick-Fat Chick apparel and footwear business from American Funds, a private equity firm that previously invested in a number of other apparel companies.Chick-FATC, as the company is known, was acquired by American Funds in 2016, […]

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