Fintech's faithful are putting payments on a pedestal. Square and PayPal shares are near all-time highs – as are those of venerable outfits like Visa, MasterCard and First Data. They’re each chasing what could be a $2.3 trillion revenue business by 2019, according to McKinsey. But they can’t all be winners.
BMW's Oxford factory in England is currently the favored location for building an electric version of the Mini despite Britain's planned departure from the European Union, two sources familiar with the company's thinking told Reuters on Wednesday.