Brex expands into group events while Mesh Payments moves into travel

August 14, 2023
As the spend management space continues to get more competitive, the various players seem to be constantly iterating to add new features to their products. Today, fintech startup Brex announced it is moving in an unexpected direction with its travel offering while Mesh Payments said it’s expanding into travel in addition to general expense management. […]

Nikola shares tank after EV maker recalls its battery-electric big rigs

August 14, 2023
Electric truck maker Nikola shares plummeted Monday after it recalled nearly all of its battery electric semi trucks. The company recalled 209 of its Class 8 Tre battery electric vehicles after a third-party investigation found a coolant leak likely caused a battery fire in one of its trucks. The company said Friday it has placed […]

The Pros and Cons of Hiring Family Members in a Small Business

August 14, 2023
While conventional wisdom discourages small business owners from hiring members of the same family, there are actually smart and strategic reasons to do so — but there are still drawbacks to consider. Here’s what you should know about hiring employees who are family members.

Ford taps Apple exec to lead new software services unit

August 14, 2023
Ford has hired Peter Stern, a former executive at Apple, to lead its newly formed Ford Integrated Services unit. The unit will create and market software-enabled customer experiences across Ford’s three business units: Ford Blue, for gas and hybrid vehicles, Model e for connected EVs, and Ford Pro for commercial products. As the era of […]