Alibaba Praised For Efforts To Abolish Chinese Poverty, Help Farmers
Alibaba Praised For Efforts To Abolish Chinese Poverty, Help Farmers
February 26, 2021  |  International

Alibaba was commended by Chinese President Xi Jinping and the state media for its efforts to alleviate poverty and assist farmers with eCommerce, CNN reported on...

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US Senators Aim To Broaden Tax Credit For Employee Retention During Pandemic
US Senators Aim To Broaden Tax Credit For Employee Retention During Pandemic
February 26, 2021  |  Coronavirus

U.S. Senators from both sides of the aisle are calling for Senate leaders to broaden an important economic aid provision as the chamber considers the...

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Stimulus Checks Fuel January Personal Income Spike
Stimulus Checks Fuel January Personal Income Spike
February 26, 2021  |  Economy

Stimulus checks did their job in January. The Commerce Department released its personal income report Friday (Feb. 26) showing an expected 10 percent spike as...

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Hungr’s Virtual Kitchens Highlight Potential Of Restaurant Aggregator Data
Hungr’s Virtual Kitchens Highlight Potential Of Restaurant Aggregator Data
February 26, 2021  |  Retail

Restaurant aggregators are uniquely positioned to collect troves of data on consumer behavior, gathering information about, among other habits, which kinds of foods are the...

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Volatility Continues As Central Banks Reckon With The Allure of Digital Fiat 
Volatility Continues As Central Banks Reckon With The Allure of Digital Fiat 
February 26, 2021  |  Cryptocurrency

Crypto is everywhere — even at the highest economic levels of government. Central bank digital currencies (CBDCs for short) are gaining ground and moving ever...

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Best Buy Ousts 5,000 Staffers While Shuttering More Locations
Best Buy Ousts 5,000 Staffers While Shuttering More Locations
February 26, 2021  |  Retail

Despite seeing a surge in online sales during the pandemic, Best Buy said it laid off 5,000 employees in February and will be shuttering additional...

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Carvana Sells More But Spends More As Effort To Meet Demand Proves Costly
Carvana Sells More But Spends More As Effort To Meet Demand Proves Costly
February 26, 2021  |  Earnings

Carvana, the fastest growing and second largest seller of used cars in the country, said Thursday (Feb. 25) it set several sales and profitability records...

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Future Opportunities And Hurdles In Retail 
Future Opportunities And Hurdles In Retail 
February 26, 2021  |  Today In Data

The business outlooks provided by Best Buy and Wayfair suggest the fading of the COVID nesting trend. In off-price retail, TJX Corporation awaits the return of the revenge shopper at a time when some of...

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Walmart Looks To Win Customers By Wooing Businesses As Amazon Prime’s Lead Shrinks
Walmart Looks To Win Customers By Wooing Businesses As Amazon Prime’s Lead Shrinks
February 26, 2021  |  Walmart Amazon whole paycheck

It’s often been said that “the best defense is a good offense” — and in a similar vein, Walmart announced plans this week to attract...

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