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DoorDash Ordered To Cut DashPass Commissions By DC Attorney General

PYMNTS

to stop charging eateries a 30 percent fee on each order through the delivery company’s DashPass subscription offering, Reuters reported, citing an unnamed source. News of the reported letter comes on the heels of DoorDash reaching a $2.5 The letter that was sent to the delivery company on Tuesday (Dec.

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U.S. Regulators to Bank Boards: “Debt is Good”

Perficient

Impacted organizations include certain large depository institution holding companies , U.S. intermediate holding companies of foreign banking organizations , and certain insured depository institutions. In terms of risk-weighted assets, a covered entity’s common equity Tier 1 Capital level is subject to a minimum requirement of 4.5

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Amazon Opens Bookstore In DC

PYMNTS

Amazon opens an Amazon Books location in the nation’s capital. The store occupies a space that formally housed a Barnes & Noble store in Georgetown, The Washington Post reported. Betting that its popularity with shoppers online will translate into brick-and-mortar customers in Washington, D.C.,

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Facebook Chief Spends Third Day In DC Meeting Lawmakers

PYMNTS

meeting with lawmakers, according to a report by Bloomberg. The past two days have been busy in the capital for Zuckerberg, as he’s had to defend his company from many who say it should be broken up. Facebook CEO Mark Zuckerberg spent a third day in Washington, D.C. On Friday (Sept. Zuckerberg reportedly disagreed. . “I

DC 109
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DoorDash Shares Surge Over 85 Pct On First Trading Day

PYMNTS

The food delivery company trades under the ticker symbol of “DASH.”. DoorDash said more than 390,000 businesses harness the app, according to a published report that cited the firm’s prospectus. DoorDash said more than 390,000 businesses harness the app, according to a published report that cited the firm’s prospectus.

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China's Financial Industry Firms Redo Plans, Funding In Wake Of More Oversight

PYMNTS

With regulators cracking down in China, FinTech leaders are scrambling for capital and trying to plan their futures, Bloomberg reported Wednesday (Nov. And those lending in multiple provinces would have to have 5 billion yuan in registered capital at a minimum.

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The United States Of Unicorns: Every US Company Worth $1B+ In One Map

CB Insights

The United States is home to 105 unicorn companies valued at $1B+. As of 7/25/2017, six private US companies are worth over $10B. Eight other states and the District of Columbia are also home to at least one company worth $1B+. Get the PDF: Unicorn Trends Report. Combined, these companies have raised just over $73B.