Editor’s Picks

Kia Pursuing Partners To Make Apple Cars In Georgia

Kia Pursuing Partners To Make Apple Cars In Georgia
Kia Pursuing Partners To Make Apple Cars In Georgia
February 05, 2021  |  Apple

South Korea’s Kia, a multinational automotive manufacturer headquartered in Seoul, is seeking partners to assemble the Apple electric car in Georgia, The Wall Street Journal...

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China’s Luckin Coffee Files For Chapter 15 Bankruptcy Protection In US
China’s Luckin Coffee Files For Chapter 15 Bankruptcy Protection In US
February 05, 2021  |  Retail

Luckin Coffee, which saw two of its top executives fired last year for mismanagement, said it has filed for Chapter 15 bankruptcy protection in the...

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GameStop Shares Up After Robinhood Lifts Buying Restrictions
GameStop Shares Up After Robinhood Lifts Buying Restrictions
February 05, 2021  |  Investments

Shares of GameStop and other stocks rose after Robinhood removed trading restrictions on  Friday (Feb. 5), Reuters reported. GameStop escalated 8.4 percent in U.S. pre-market...

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PayPal Cooperating With CFPB On Venmo Investigation
PayPal Cooperating With CFPB On Venmo Investigation
February 05, 2021  |  Digital Payments

PayPal Holdings said Friday (Feb. 5) its payments app Venmo was being investigated over allegations of unauthorized fund transfers and collections processes. The company told...

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Jobs Data: Surge In Temp Workers Could Herald New SMB Business Model
Jobs Data: Surge In Temp Workers Could Herald New SMB Business Model
February 05, 2021  |  Economy

A recovery is in sight – in the economy overall, and in jobs – but on the other side of the pandemic, the workforce may...

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China’s Didi Group-Buying Division Mulls $4 Billion Fundraising Move
China’s Didi Group-Buying Division Mulls $4 Billion Fundraising Move
February 05, 2021  |  International

Didi Chuxing, China’s ridesharing giant, is pondering a move to raise $4 billion to meet the surging demand for group-buying delivery services, Bloomberg reported on Friday...

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Nonfarm Jobs Rise By 49,000, But Pandemic Continues To Hammer Economy
Nonfarm Jobs Rise By 49,000, But Pandemic Continues To Hammer Economy
February 05, 2021  |  Economy

The U.S. unemployment rate fell slightly in January to 6.3 percent as nonfarm payroll employment changed little, rising by 49,000, according to the figures released...

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Costco Racks Up Stimulus Spend; Research Shows High-Income Consumers Will Save
Costco Racks Up Stimulus Spend; Research Shows High-Income Consumers Will Save
February 04, 2021  |  Economy

There were all kinds of questions in the public sphere as the second round of stimulus checks went out in early 2021. Would consumers actually spend them...

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Hoteliers’ Woes Help Address Affordable Housing Challenge
Hoteliers’ Woes Help Address Affordable Housing Challenge
February 04, 2021  |  Real Estate

Developers in parts of the country are buying distressed hotel properties at huge discounts and converting the buildings into relatively inexpensive housing, CNBC reported. Get...

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