News

News
Today In Payments: COVID-19 Restrictions Put Half Of US Jobs At Risk; Finablr On Verge...
March 17, 2020

In today’s top news, experts say 50 percent of people could lose their jobs due to current restrictions in place to prevent the spread of the coronavirus, and Travelex parent Finablr said it could be in danger of collapse. Plus, the U.S. Federal Reserve promised...

Banking
Digital Banking Service One Combines Accounts
March 17, 2020

One, a new digital banking service in the U.S., is launching with a focus on helping middle class Americans with their finances in a new way, according to a release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Nordstrom, L Brands Temporarily Shutter Brick-And-Mortar Locations
March 17, 2020

Nordstrom Inc. is shuttering its brick-and-mortar retail locations for two weeks in the United States and Canada, with the inclusion of Nordstrom Rack stores, to restrict the proliferation of the coronavirus, the company said in an announcement. Nordstrom will provide store employees with pay as...

International
Grab And IMDA Team Up On Singapore Business Accelerator
March 17, 2020

Grab, a Southeast Asian app, and the Infocomm Media Development Authority (IMDA) have teamed up to run an accelerator meant to jumpstart Singapore startups and help them to expand to other countries, according to a report by Deal Street Asia. Get the Full Story Complete...

Partnerships / Acquisitions
Apple/Disney: Is Apple About To Make The Happiest Acquisition On Earth?
March 17, 2020

The latest rumors about Apple buying Walt Disney Co. aren’t new – they go back to Disney’s 2006 acquisition of Pixar. That made late Pixar Co-founder Steve Jobs into Disney’s largest shareholder and a member of its board. Of course, Jobs was also co-founder of a...

Retail
What Sticks? Scoping Retail Behaviors In The Time Of Contagion
March 17, 2020

The partial shutdown of the U.S. retail economy is unprecedented. Terror attacks on 9/11 happened well before the internet was a factor, and are therefore not relevant as a comparison. And other public health crises like flu epidemics didn’t come close to the current need...

Retail
Local Governments Move In On Retail Vacancies
March 17, 2020

It was supposed to be a thriving retail center in Milwaukee when it was built seven years ago. Right downtown, 10,000 square feet, enough room for five storefronts with a lacrosse and soccer field on top of the parking garage. But it never happened. No...

Retail
Grocers Speed Up Hiring To Fill eCommerce Orders, Operate Stores
March 17, 2020

As staffers need time away from work to tend to their children, or they become ill, supermarket companies are speeding up hiring to have workers able to fulfill eCommerce orders or operate stores. The leaders of big chains had a call with the White House...

Retail
Amazon Restricts Shipments To Warehouses Amid Coronavirus
March 17, 2020

As Amazon elevates the importance of delivering highly sought products amid the coronavirus pandemic, the eTailer said independent merchants would not be able to send merchandise to its warehouses except for household staples, medical products, and other items in high demand until early April, The Wall Street...