Coronavirus

Coronavirus
Regulators To Soften Antitrust Restrictions For JVs
March 24, 2020

The Federal Trade Commission (FTC) and the Department of Justice Antitrust Division said they will speed up reviews for joint ventures aimed at stopping the coronavirus spread, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy...

Coronavirus
GoFundMe, Yelp Launch Crowdfunding Campaign For SMBs
March 24, 2020

To offer a quick and easy way for independent businesses to begin fundraisers and take donations via their Yelp pages, Yelp has teamed with social fundraising platform GoFundMe. The coronavirus pandemic has been very challenging for small business and especially local businesses, which typically conduct...

Coronavirus
JPMC Freezes New Hires Given COVID-19 Crisis
March 24, 2020

JPMorgan Chase & Co has announced it will be instituting a hiring freeze throughout most of the company to help stop the spread of the coronavirus, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy...

Coronavirus
Crisis Advice: Keep Calm And Look To China
March 24, 2020

The current crisis is unprecedented. And for retailers the sense of helplessness also has no comparison. However, crises of an unprecedented nature have been stalking retail since 2008. It’s time to break out the crisis chops and show some leadership. According to PwC’s most recent...

Coronavirus
Global Retail Demand Starts To Take A Hit
March 24, 2020

The supply chain has withstood its crisis stress test, as seen in the maintenance of inventory by Overstock.com, most supermarket products and the resumption of Chinese manufacturing. But it looks like retail’s supply cousin – demand – is the next domino to fall. Get the...

Coronavirus
Tokyo Summer Olympics Postponed Until 2021
March 24, 2020

The International Olympic Committee (IOC) and Japanese Prime Minister Shinzo Abe have moved to postpone the Tokyo summer games until 2021, according to a joint statement from the IOC and the Tokyo 2020 Organizing Committee on Tuesday (March 24). Get the Full Story Complete the...

Coronavirus
Amazon Tackles Overpriced Products In High Demand
March 24, 2020

Amid the COVID-19 pandemic, Amazon said it has halted  seller accounts in the thousands for overcharging. The eCommerce marketplace operator said it has taken down much more than 500,000 offers and put a hold on over 3,900 U.S. selling accounts for going against its fair...

Coronavirus
Vodka, Whiskey Producers Make Hand Sanitizer Amid Coronavirus
March 24, 2020

As U.S. consumers rush around in search of hand sanitizer amid the coronavirus, distillers nationwide are using their supply of alcohol to make the product. American demand for the product pulled out ahead of supply weeks in the past as consumers bought up supplies and...

Coronavirus
Mortgage Servicers Ready For ‘Liquidity Tsunami’ As Pandemic Hits Wallets
March 24, 2020

Shuttered businesses and missed paychecks are causing panic across the mortgage industry as the coronavirus cripples finances for struggling homeowners. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....