Retail Rents Plummet In NYC As Vacancies Rise
Retail Rents Plummet In NYC As Vacancies Rise
January 08, 2021  |  Economy

Retail rents have plummeted to historic lows in New York City amid the COVID-19 pandemic, as bankruptcies and vacancies penetrated the area, CNBC reported on Friday...

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Tesla Powers Past $820 Billion Valuation; EV Trend Shows No Signs Of Slowing
Tesla Powers Past $820 Billion Valuation; EV Trend Shows No Signs Of Slowing
January 08, 2021  |  Retail

Nothing like a 700 percent increase over the past year to boost the fortunes of Tesla’s stock – and Founder Elon Musk’s net worth –...

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Today In Digital-First Banking: BBVA To Close Simple Bank; Stimulus Debit Cards Mailed To 8 Million Households
Today In Digital-First Banking: BBVA To Close Simple Bank; Stimulus Debit Cards Mailed To 8...
January 08, 2021  |  Digital Banking

In today’s top digital-first banking news, clients of BBVA subsidiary Simple Bank are reportedly getting emails telling them that Simple is closing and the intent...

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Ripple, Second Stimulus Bill, Checkout Features Top This Week’s News
Ripple, Second Stimulus Bill, Checkout Features Top This Week’s News
January 08, 2021  |  The Weekender

In this week’s news, we saw more rules and breaks for Paycheck Protection Program (PPP) loans in a second stimulus bill, a suit against Ripple Labs...

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Today In Retail: CarLotz Gets Green Light From Its Investors For Merger; PriceSmart’s Net Merchandise Sales Climb 7.7 Pct
Today In Retail: CarLotz Gets Green Light From Its Investors For Merger; PriceSmart’s Net Merchandise...
January 08, 2021  |  Retail

In today’s top retail news, CarLotz, Inc. says it has received the necessary approval from its investors to complete a potential merger with a blank-check company,...

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Amazon’s Prime Pantry Delivery Service Is Discontinued
Amazon’s Prime Pantry Delivery Service Is Discontinued
January 08, 2021  |  Amazon

Amazon has ended one of its first efforts to sell food online, with the eCommerce retailer closing its Prime Pantry service. Many items available under...

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Tesla Valuation Soars Past $800 Billion
Tesla Valuation Soars Past $800 Billion
January 08, 2021  |  Markets

Tesla shares accelerated some 5.6 percent, pushing its market capitalization over $800 billion for the first time, Reuters reported on Friday (Jan. 8). Get the...

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SBA Unveils Guidance For Second Round Of PPP Loans
SBA Unveils Guidance For Second Round Of PPP Loans
January 08, 2021  |  Loans

The Small Business Administration (SBA) has released guidance on applying for the second round of loans being offered under the Paycheck Protection Program (PPP), which...

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Next-Gen Automation Helps B2B Payments Cross Borders By Easing Frictions
Next-Gen Automation Helps B2B Payments Cross Borders By Easing Frictions
January 08, 2021  |  B2B Payments

Back in 1785, a fellow by the name of Evans invented the first fully automated industrial process — a water-powered flour mill. Automation’s long march...

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