Arko Looks Different After The Carve-Out (Rating Upgrade)

Arko's IPO of APC raised $207M, enabling significant debt repayment while maintaining ~94% voting control and future ...

Victor Wembanyama blocks Naz Reid for his 8th block of …

Victor Wembanyama blocks Naz Reid for his 8th block of the 1st half (with a replay). The announcer says 7th block, but it is ...
Business Insider

A small number of Block employees say they were rehired after layoffs

Block has rehired at least four laid-off employees, according to LinkedIn posts. One engineer said he was rehired after his layoff was deemed a "clerical error ...
Los Angeles Daily News

Van Nuys building where 89 hospices are registered pulled into national fight over fraud

A political battle over suspected hospice fraud in California has pushed a Van Nuys office building into the national spotlight after records revealed 89 hospices are registered there. The building ...
The New York Times

I Worked for Block. Its A.I. Job Cuts Aren’t What They Seem.

Mr. Zamost was the head of communications, policy and people at Square, now known as Block, from 2015 to 2020. See more of our coverage in your search results.Encuentra más de nuestra cobertura en los ...
Insider Monkey

Oppenheimer Raises Block, Inc. (XYZ) Price Target to $89 from $85

Block, Inc. (NYSE:XYZ) is among the 11 Best Low Priced Growth Stocks to Buy Right Now. On February 27, Oppenheimer raised its price target on Block, Inc. (NYSE:XYZ) to $89 from $85 and maintained an ...
Forbes

Block Lays Off 40% Of Staff And Blames It On AI. Don’t Buy The Excuse.

Payments company Block announced it’s laying off 40% of its staff. According to Chairman and founder Jack Dorsey: “This decision comes from a position of strength. Intelligence tools have changed what ...
Los Angeles Times

Block to cut more than 4,000 jobs amid AI disruption of the workplace

This is read by an automated voice. Please report any issues or inconsistencies here. Fintech company Block said Thursday that it’s cutting more than 4,000 workers or nearly half of its workforce as ...
CNN

Block lays off nearly half its staff because of AI. Its CEO said most companies will do the same

Block, the company behind Square, Cash App and Afterpay, is cutting its staff by 40%. The reason: “intelligence tools,” according to a letter to shareholders by co-founder Jack Dorsey. Dorsey thinks ...
Wired

I Tried H&R Block’s Assisted and DIY Tax Services. Here’s Who’ll Benefit From It

Filing taxes is a pain. Here’s how H&R Block DIY and Assisted performed against other services I tested. I've been through the wringer with my taxes the past couple of years. Last year, I was a ...
Fast Company

Block insiders talk about how Jack Dorsey turned Square into a multidimensional financial services giant

On November 19, Block Inc. held its first Investor Day in three years. Jack Dorsey, the company’s cofounder, chief executive, and “Block Head,” took to the stage and summarily posed what many ...