IMF: Banks Could Encounter Market, Credit Losses As COVID-19 Surfaces ‘Cracks’ In The Financial System
IMF: Banks Could Encounter Market, Credit Losses As COVID-19 Surfaces ‘Cracks’ In The Financial System
April 14, 2020  |  Economy

The International Monetary Fund (IMF) cautioned that COVID-19 has made “cracks” in the worldwide financial system known and “will likely” have financial institutions encounter market...

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CEO Says Unilever Is Not Benefitting From COVID-19
CEO Says Unilever Is Not Benefitting From COVID-19
April 14, 2020  |  Coronavirus

Despite increased demand for its soap brands, Unilever’s CEO said the U.K. consumer products firm is not benefiting from the coronavirus crisis. Get the Full...

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Amazon Stock Surges 20 Pct. During COVID-19 Pandemic
Amazon Stock Surges 20 Pct. During COVID-19 Pandemic
April 14, 2020  |  Retail

The S&P 500 may be in negative territory this year, but Amazon.com Inc. has been one of the standouts, despite the economic damage done by...

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WeWork Plans Additional Workforce Reductions
WeWork Plans Additional Workforce Reductions
April 14, 2020  |  Personnel

WeWork plans to make additional reductions to its workforce, even with the recent removal of jobs, Bloomberg reported. Get the Full Story Complete the form...

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Today In Payments: SMB Aid Running Out As Stalemate Continues; Food Delivery Apps Face Lawsuit
Today In Payments: SMB Aid Running Out As Stalemate Continues; Food Delivery Apps Face Lawsuit
April 14, 2020  |  News

In today’s top news, leaders on Capitol Hill have not agreed on a new coronavirus relief package, and food delivery apps are facing a lawsuit...

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VC Funding Rebounds In China As COVID-19 Lockdown Ends
VC Funding Rebounds In China As COVID-19 Lockdown Ends
April 14, 2020  |  Startups

Venture capital funding is starting to bounce back in China after the coronavirus triggered a slowdown in what was already a stagnant climate for startups,...

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House Chairs Seek Briefing On FDIC Crisis Readiness During Pandemic
House Chairs Seek Briefing On FDIC Crisis Readiness During Pandemic
April 14, 2020  |  Coronavirus

Three top House Democrats have asked the Federal Deposit Insurance Corp. (FDIC) to explain how the agency is preparing for a financial crisis. Get the...

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Walmart Reserves Grocery Pickup Hours For At-Risk Shoppers
Walmart Reserves Grocery Pickup Hours For At-Risk Shoppers
April 14, 2020  |  Retail

One month after Walmart Inc. set early morning hours once a week for seniors as COVID-19 took a toll on shopping habits, the world’s largest...

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G-20 Urges Unified Stablecoin Framework Ahead Of Facebook’s Libra
G-20 Urges Unified Stablecoin Framework Ahead Of Facebook’s Libra
April 14, 2020  |  Cryptocurrency

The Financial Stability Board (FSB) – the regulatory watchdog of the Group of 20 (G-20) – warned global regulators that possible stablecoin disruptions should be...

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