Today’s Stock News Includes Apple BNPL, McDonald’s, and Chegg

To streamline its lending offering, Apple (AAPL) will discontinue BNPL – buy now, pay later – in the U.S. It plans to replace the service with a new loan program that users may access through Apple Pay instead.Apple users may choose installment loans that credit, debit cards, and lenders offer later this year. In reaction to the news, PayPal (PYPL) sold off sharply this month. Markets halted the PYPL rally at $68 as shares closed at $60.13.In restaurant and artificial intelligence news, McDonald’s (MCD) ended a key project. Instead of letting the AI fad dictate its business process, the…

Where brokerages are spending on operational improvements

When it comes to investments that strengthen their brokerages, 74% of owners tell Canadian Underwriter’s 2024 National Broker Survey that money spent on product training and education produces results. That’s a substantial jump from 66% who called the practice beneficial…The post Where brokerages are spending on operational improvements appeared first on Canadian Underwriter.