Florida Suspects Fraud Behind Spike In Unemployment Claims
Florida Suspects Fraud Behind Spike In Unemployment Claims
February 05, 2021  |  Security & Fraud

The Florida Department of Economic Opportunity (DEO) suspects that a recent spike in unemployment assistance claims in the state may be due to an uptick...

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Today In Payments: Walmart Buys Ad Tech Platform; Peloton Records First $1 Billion Quarter
Today In Payments: Walmart Buys Ad Tech Platform; Peloton Records First $1 Billion Quarter
February 05, 2021  |  News

In today’s top news, Walmart pushes deeper into the advertising business, and Peloton hit its first $1 billion quarter. Plus, Instacart is offering same-day delivery...

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Kia Pursuing Partners To Make Apple Cars In Georgia
Kia Pursuing Partners To Make Apple Cars In Georgia
February 05, 2021  |  Apple

South Korea’s Kia, a multinational automotive manufacturer headquartered in Seoul, is seeking partners to assemble the Apple electric car in Georgia, The Wall Street Journal...

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Today In Retail: PriceSmart Reports 5.2 Pct Climb In Net Merchandise Sales; Walmart Purchases Ad Technology Platform
Today In Retail: PriceSmart Reports 5.2 Pct Climb In Net Merchandise Sales; Walmart Purchases Ad...
February 05, 2021  |  Retail

In today’s top retail news, PriceSmart, Inc. announced a 5.2 percent rise in net merchandise sales between January 2020 and January 2021, while Walmart is...

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SEC Probes Clover Health Actions In Going Public Via SPAC
SEC Probes Clover Health Actions In Going Public Via SPAC
February 05, 2021  |  IPO

Clover Health said Friday (Feb. 5) it would cooperate with the Securities and Exchange Commission (SEC) on an investigation prompted by a scathing report on...

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China’s Luckin Coffee Files For Chapter 15 Bankruptcy Protection In US
China’s Luckin Coffee Files For Chapter 15 Bankruptcy Protection In US
February 05, 2021  |  Retail

Luckin Coffee, which saw two of its top executives fired last year for mismanagement, said it has filed for Chapter 15 bankruptcy protection in the...

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GameStop Shares Up After Robinhood Lifts Buying Restrictions
GameStop Shares Up After Robinhood Lifts Buying Restrictions
February 05, 2021  |  Investments

Shares of GameStop and other stocks rose after Robinhood removed trading restrictions on  Friday (Feb. 5), Reuters reported. GameStop escalated 8.4 percent in U.S. pre-market...

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Pinterest, Snap, Twitter Compete To Monetize Social Media
Pinterest, Snap, Twitter Compete To Monetize Social Media
February 05, 2021  |  Social Commerce

Lockdowns create fairly optimal conditions for social media platforms from a user engagement point of view, as consumers who can’t go out to see their...

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Loyalty Programs Provide Lifeline For Struggling QSRs In 2020’s Final Quarter
Loyalty Programs Provide Lifeline For Struggling QSRs In 2020’s Final Quarter
February 05, 2021  |  Restaurant innovation

Q4 was a difficult quarter in a difficult year for quick-service restaurants (QSRs), as the pandemic raged on, temperatures grew colder and diners returned to...

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