General Motors’ car-sharing company Maven has been shut down due to the coronavirus pandemic and other lingering concerns, the company said on Tuesday (April 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
New York Governor Andrew Cuomo said there have been so many unemployment claims that the state’s entire system – including the website and phones – buckled under the volume, the governor said during his daily COVID-19 briefing in Buffalo on Tuesday (April 21). Get the...
Businesses from banks to quick-service restaurants (QSRs) are taking steps to bring workers and diners back into their buildings. Here are the latest coronavirus reopening updates: Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
When is normal, or something that approximates it, coming back? That’s a question that’s been floating around since the COVID-19 lockdown became a nationwide event a little over a month ago, spreading economic collateral damage far and wide. It’s also a question that now has an...
A $1.7 trillion relief package will likely be necessary to help the European Union economically rebound from the coronavirus pandemic, the EU’s industry chief Thierry Breton said on Tuesday (April 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
As social-distancing rules take a huge bite out of revenue, restaurants are scrounging to come up with plans to beef up their takeout businesses and make enough to pay the rent. The hotel industry is struggling as well. Get the Full Story Complete the form...
Noting that customer loyalty was a critical factor for restaurants that survived the 2008 market crash, Paytronix CEO Andrew Robbins told PYMNTS, “When the current black swan finally departs and restaurants begin to reopen, we hope those that truly invested in developing strong relationships will...
It’s been two weeks since the Payroll Protection Program (PPP) began accepting applications for emergency aid, and as of April 16, the Small Business Administration’s (SBA) $349 billion coronavirus relief fund was already exhausted, while borrowers and lenders await word of further appropriations. Get the...
The stands are almost empty. The die-hardest of the die-hard fans are sitting 12 feet apart, observing the mandatory three-chair spacing rule. The roar of the crowd piped in to amp up the players. Get the Full Story Complete the form to unlock this article and enjoy...
