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(Reuters) - U.S. stock index futures inched higher on Tuesday ahead of a Federal Reserve monetary policy meeting and as investors awaited grocery delivery app Instacart’s Nasdaq debut to assess a potential recovery in the IPO market. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 29, 2023. Arm Holdings last week had a stellar market debut, raising hopes of a bounce back in the initial public offering (IPO) market. Investors will closely monitor the Fed’s quarterly report on economic projections to gauge participating members’ longer-term policy outlook. While most of the key data releases on inflation are out, investors will keep an eye on U.S. housing data for August, due at 8:30 a.m.

Persons: Brendan McDermid, ”, Matthew Morgan, Alyssa Henry Organizations: Reuters, Federal, Nasdaq, New York Stock Exchange, REUTERS, Inc, Arm Holdings, Fed, Jupiter Asset, Traders, Dow e, Block, CVS Health Corp, ISI, Intel Locations: New York City, U.S, “

☆ Square CEO Alyssa Henry is stepping down, and Jack Dorsey will take over for now
▼ + stars: | 2023-09-18 | by ( Catherine Thorbecke | ) edition.cnn.com time to read: +1 min

CNN —Alyssa Henry, the CEO of Square – a unit of Jack Dorsey’s fintech company, Block – will leave her post at the company next month. Henry, who has worked at Block for over nine years, will step down as chief executive of Square on October 2, according to a regulatory filing on Monday. Dorsey, whose current title is Block Head and Chairperson, will take on an additional role of “Square Head,” the filing added. Henry served in various roles at Square and has been effectively leading the company since 2015. Prior to Square, she held roles at Amazon Web Services and Microsoft.

Persons: Alyssa Henry, Jack Dorsey’s fintech, Henry, Dorsey, “ Organizations: CNN, “, Amazon Web Services, Microsoft

☆ CEO of Block's Square business Alyssa Henry to leave company
▼ + stars: | 2023-09-18 | by ( ) www.reuters.com time to read: 1 min

Sept 18 (Reuters) - The CEO of Square, a unit of fintech company Block Inc (SQ.N), will leave the company, according to a regulatory filing on Monday. Alyssa Henry will leave the company on Oct. 2. Reporting by Pritam Biswas in Bengaluru; Editing by Shounak DasguptaOur Standards: The Thomson Reuters Trust Principles.

Persons: Alyssa Henry, Pritam Biswas, Shounak Dasgupta Organizations: Block Inc, Thomson Locations: Bengaluru

☆ Jack Dorsey's Cash App wants to become a super app — and is aggressively integrating buy now, pay later service Afterpay into its ecosystem to get there
▼ + stars: | 2022-05-18 | by ( Ann Gehan | ) www.businessinsider.com time to read: +6 min

"Afterpay can help transform Cash App into a super app," Molnar said. Block estimates only around 6% of current Cash App users are also Afterpay users, meaning over 75 million Cash App users are potential new Afterpay customers. Other significant developments include the addition of an Afterpay shopping and browsing feature to Cash App and the integration of Afterpay account management capabilities into Cash App. The Cash App and Afterpay integrations will extend to e-commerce checkout, where Afterpay sellers will now be able to accept Cash App Pay as a form of payment. A slide from Block's 2022 investor day presentation lays out a plan for integrating Cash App, Afterpay, and Square.

Persons: Cash, Brian Grassadonia, Cash App's, Afterpay cofounders, Nick Molnar, Anthony Eisen, Alyssa Henry, Jack Dorsey, Molnar, Afterpay, Block's, Grassadonia, there's, Eisen, Block, PYMNTS, Omar Ismail, Goldman Sachs, David Stark Organizations: Block, Business, Cash, Dick's Sporting Goods, PayPal, Klarna, Walmart

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