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Lyft To Lay Off ~90 Sales And Marketing Employees

PYMNTS

The layoffs will hit about 90 people, and will consist of jobs in the marketing and enterprise sales departments. In the marketing arena, Lyft will be focusing on regional teams now, rather than state-by-state teams as it had previously. Lyft isn’t the only company to see setbacks.

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NAR: High Prices Stifle October Home Sales

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The housing market is still hot, but we may be starting to see rising home prices hurting affordability.". Only the southern region of the U.S. saw encouraging expansion, “although each region achieved year-over-year gains in pending home sales transactions,” the announcement stated. "The NAR represents over 1.4

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Online Car Buying Co Carvana Adds New Financing Option

PYMNTS

The company has teamed up with Regions Bank to provide the possibility of virtual loans to consumers in Texas, the South and the Midwest. . When someone goes to the auto center section of the Regions Bank website, they’ll be routed to a new, co-branded site from the two companies. . and Carvana has next-day delivery in 146 markets.

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Axos Bank Expands Commercial Presence In NYC, LA

PYMNTS

Axos Bank parent company Axos Financial has rolled out out commercial banking operations across new markets in the U.S., The bank is targeting the middle-market and niche clientele, it noted. Axos Bank is also focusing on the small and medium-sized business (SMB) market. The bank announced Thursday (Aug.

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Zillow Brings Fast Cash Home Selling Platform To South Florida

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Zillow then gets the house ready to sell and puts it on the market. “We’re Since we launched Zillow Offers a year ago, the response has been incredible, and we’re excited to bring Zillow Offers to homeowners in South Florida’s tri-county region who are looking for a stress-free way to sell their homes.”.

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Whole Foods’ 500th Store Features Eateries

PYMNTS

To create a food hall-like experience for customers, Whole Foods Market ’s 70,000-square-foot store in Atlanta showcases four eateries. Whole Foods Market South Region President Bobby Turner said, according to the outlet, “Whole Foods Market Midtown will be a true gathering space for the community.”

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Chime, Challenger Banks And The Challenges Of (Lofty) Valuations

PYMNTS

On a day that saw a stock market rout – particularly on the tech-heavy NASDAQ, which was down a percent – in at least some areas of finance, investors remain sanguine. Perhaps “overly optimistic” might be the mindset that marks private markets. Regional players like BankUnited have even smaller market caps (at about $2 billion).