Short-term rental site Airbnb has lowered its internal valuation to $26 billion, a 16 percent drop, as business continue to be hammered by lockdowns, Reuters reported, citing sources familiar with the matter. Get the Full Story Complete the form to unlock this article and enjoy...
Among the many factors aggravating the coronavirus outbreak in the U.S. is an equipment shortage affecting nearly all corners of the United States — particularly when it comes to the available supply of ventilators, testing materials and personal protective equipment (PPE) like masks, blow shields,...
Treasury Secretary Steve Mnuchin announced shortly after 7 p.m. Thursday, April 2 that the Paycheck Protection Program was live and ready to begin distributing $350 billion to go toward helping small businesses. Get the Full Story Complete the form to unlock this article and enjoy...
Australia’s national science agency plans to test a pair of vaccines over the next 90 days, part of a global race to stop the coronavirus pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The Federal Reserve Bank of Minneapolis President Neel Kashkari said on Thursday (April 2) that policymakers should be generous with the help that is extended to small businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
As restaurant sales continue to plunge by nearly half compared to a year ago as fear of the coronavirus grips the nation, some eateries are taking “buy one, get one” to a whole new level. Get the Full Story Complete the form to unlock this...
The Congressional Budget Office (CBO) is anticipating a grim second quarter this year as the economy sputters amid coronavirus-related layoffs and business closures, CBO director Phill Swagel said in a blog on Thursday (April 2). Get the Full Story Complete the form to unlock this...
New Hampshire FinTech Bottomline Technologies has launched a free initiative to help the nation’s banks provide relief to small businesses hurt by the COVID-19 pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
According to a report, Le Bijou Hotel & Resort is offering a COVID-19 pandemic vacation for the man or woman who otherwise has everything. Of course, you have to get there first. The luxury hospitality company has nine locations – all in Switzerland. Get the...