Digital Car Buying Platform Vroom To Test IPO Waters In June

Digital Car Buying Platform Vroom To Test IPO Waters In June
Digital Car Buying Platform Vroom To Test IPO Waters In June
May 11, 2020  |  IPO

Vroom, the online used-car sales startup, is eyeing an initial public offering (IPO) for June of this year, according to sources familiar with the company’s...

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Bitcoin Daily: Bitcoin Sheds $20 Billion Off Market Cap; Gibralter-Based FinTech Launches Tokenized Securities Platform
Bitcoin Daily: Bitcoin Sheds $20 Billion Off Market Cap; Gibralter-Based FinTech Launches Tokenized Securities Platform
May 11, 2020  |  Bitcoin

California lawmakers have introduced a bill that would attempt to more clearly define how cryptocurrency is meant to be treated, and definitively determine if it...

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British Merchant Group Warns Government Help Not Enough
British Merchant Group Warns Government Help Not Enough
May 10, 2020  |  Cross-border Payments

The British Retail Consortium has said the U.K.’s financial aid measures haven’t been enough to stop a total collapse for many retailers. Get the Full...

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Blackrock, Pimco Tapped By Fed To Help Invest Relief Funds
Blackrock, Pimco Tapped By Fed To Help Invest Relief Funds
May 10, 2020  |  Economy

The Federal Reserve is turning to money managers BlackRock and Pacific Investment Management Co. (Pimco) to help it handle bond investments and the purchase of...

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CLEAR Biometric ID Launches COVID Screening For Businesses
CLEAR Biometric ID Launches COVID Screening For Businesses
May 10, 2020  |  Biometrics

CLEAR, a biometric ID company, is eyeing a new way to help companies scan for the coronavirus as employees eventually return to work. Get the...

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Mnuchin: Not Reopening Risks Irreversible Economic Damage
Mnuchin: Not Reopening Risks Irreversible Economic Damage
May 10, 2020  |  Economy

The U.S. still hasn’t seen its highest level of unemployment due to the global coronavirus pandemic, but the economy will turn around, Treasury Secretary Steven...

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Private Equity Co. Eyes Investing In India’s Jio Platforms
Private Equity Co. Eyes Investing In India’s Jio Platforms
May 10, 2020  |  Investments

General Atlantic (GA) is said to be negotiating an $850 million to $950 million deal for a stake in the Indian telecom company Reliance Jio,...

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Congress, White House Spar Over Stimulus Round Three
Congress, White House Spar Over Stimulus Round Three
May 10, 2020  |  Loans

Democrats, evoking the country’s past with the financial turmoil of the Great Depression and the recovery with the New Deal, argue that much more financial...

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Sale Of Share Of AmEx Business Travel To Carlyle And GIC Appears Dead
Sale Of Share Of AmEx Business Travel To Carlyle And GIC Appears Dead
May 10, 2020  |  Partnerships

American Express Global Business Travel, seeing its sales more than halved from the pandemic, could now also lose out on a purchase by private equity...

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