Mastercard Rolls Out Track Business Payment Service In US
Mastercard Rolls Out Track Business Payment Service In US
May 12, 2020  |  B2B Payments

To enable greater efficiency and quicker access to working capital for buyers and suppliers, Mastercard has unveiled the rollout of the TrackTM Business Payment Service in the...

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Uber Rival Bolt Sidesteps Layoffs Despite Losses
Uber Rival Bolt Sidesteps Layoffs Despite Losses
May 12, 2020  |  Ridesharing

The Estonia-based rideshare unicorn Bolt — Uber’s main competitor in Europe — said it isn’t laying off any workers despite a 75 percent drop in...

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Stay-At-Home Orders Great News For Home Goods Sellers Like Wayfair
Stay-At-Home Orders Great News For Home Goods Sellers Like Wayfair
May 12, 2020  |  Retail

Roman philosopher Gaius Plinius Secundus, better known as Pliny the Elder, famously said “Home is where the heart is” somewhere around the year 45 AD...

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Luckin Coffee CEO and COO Fired After Fraud Probe
Luckin Coffee CEO and COO Fired After Fraud Probe
May 12, 2020  |  Personnel

An internal investigation into alleged fraud at Luckin Coffee Inc. has led to the firing of several top executives at the Beijing, China-based java giant,...

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Colleges See Decline In Financial Aid Applications
Colleges See Decline In Financial Aid Applications
May 12, 2020  |  Coronavirus

Colleges are already grappling with empty campuses, the challenges of online learning and concerns about enrollment for the fall semester. Next up: Applications for federal...

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Possible Purchase Deal By Uber Triggers Surge In Grubhub Shares
Possible Purchase Deal By Uber Triggers Surge In Grubhub Shares
May 12, 2020  |  Partnerships / Acquisitions

Shares in Grubhub soared as much as 38 percent Tuesday (May 12) on news that Uber is looking to buy the Chicago-based food-delivery platform. Get the...

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Baidu Offers High-Tech Route To Fighting Virus, Restarting Economy
Baidu Offers High-Tech Route To Fighting Virus, Restarting Economy
May 12, 2020  |  Coronavirus

California-based Baidu Research is leveraging its technology to work on a COVID-19 vaccine, widely regarded as the linchpin to returning the world economy to a...

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Genesis Motor America Unveils Concierge Car Buying Experience
Genesis Motor America Unveils Concierge Car Buying Experience
May 12, 2020  |  Retail

To provide a customized guest experience for its clients, Genesis Motor America unveiled its Genesis Concierge service. The luxury car brand said the national “white...

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MLB Baseball Shortened Season For TV Only
MLB Baseball Shortened Season For TV Only
May 12, 2020  |  Retail

If Major League Baseball (MLB) gets its way, the words “play ball” will echo in empty parks nationwide starting in July. MLB owners are pitching...

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