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Buy-Now-Pay-Later Klarna Crashes As Outlook Cut Exposes Consumer Growth Cracks
Buy-Now-Pay-Later Klarna Crashes As Outlook Cut Exposes Consumer Growth Cracks
Klarna, the Swedish fintech firm best known for its buy now, pay later services, crashed in premarket trading in New York after it lowered its full-year revenue and gross merchandise value forecasts following a second-quarter active-user miss, overshadowing stronger-than-expected earnings.
The buy-now, pay-later firm now expects 2026 revenue of $4.08 billion to $4.16 billion, down from a previous forecast exceeding $4.34 billion. Gross merchandise value is projected to be $149 billion to $151 billion, compared with earlier guidance of above...
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Sep 11, 2026 / Tyler Durden
Prosecutors In Huawei Criminal Trial Allege Company 'Cultivated Culture Of Crime And Corruption'
Prosecutors In Huawei Criminal Trial Allege Company 'Cultivated Culture Of Crime And Corruption'
Authored by Nicholas Zifcak via The Epoch Times,
NEW YORK CITY - Prosecutors in the criminal trial against Chinese telecoms firm Huawei alleged that the company used lies, theft, cover-up, and a criminal conspiracy in its efforts to dominate the global telecommunications market.
A worker stands in the window of a Huawei store in a commercial area in Beijing on Nov. 5, 2024. Photo by Kevin Frayer/Getty Images
In opening remarks at a federal court in the Brooklyn borough of...
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Mar 17, 2026 / Tyler Durden
Appeals Court Lifts Block On Expedited Third Country Deportations
Appeals Court Lifts Block On Expedited Third Country Deportations
Authored by Stacy Robinson via The Epoch Times,
An appeals court ruled on Mar. 16 that the Trump administration could continue deporting illegal immigrants to places other than their native countries, without giving them a chance to protest against their destination.
“There is more work ahead on this important issue, but this is a key win for [President Donald Trump’s] immigration agenda,” Attorney General Pam Bondi said on X.
The 2–1 ruling by the Court of Appeals for the First Circuit paused a previous...
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Jun 2, 2026 / Tyler Durden
US Treasury Sanctions Iran's Largest Crypto Exchange
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