Editor’s Picks

Walmart Reduces Corporate Workforce With Layoffs

Walmart Reduces Corporate Workforce With Layoffs
Walmart Reduces Corporate Workforce With Layoffs
July 30, 2020  |  Retail

Walmart has reduced its workforce by laying off hundreds in its logistics, real estate and retail location planning divisions as it simplifies its business and reduces...

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PayPal Teams Up With CVS To Offer Touch-Free Payments
PayPal Teams Up With CVS To Offer Touch-Free Payments
July 30, 2020  |  Payments Innovation

Touch-free payments are coming to CVS stores across the U.S. thanks to a new partnership between PayPal and payments technology company InComm. Get the Full...

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UPS Says Residential And Medical Deliveries Boost Q2 Results
UPS Says Residential And Medical Deliveries Boost Q2 Results
July 30, 2020  |  Earnings

One of the bright spots in the COVID-19 economy has been delivery services, and United Parcel Service Inc. (UPS) is no exception. Get the Full Story Complete...

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US GDP Falls By A Record 32.9 Pct
US GDP Falls By A Record 32.9 Pct
July 30, 2020  |  Economy

There was more bad news Thursday (July 30) as the U.S. economy experienced its worst hit since the Great Depression in the second quarter (Q2)...

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US Jobless Claims At 1.4M For Second Week
US Jobless Claims At 1.4M For Second Week
July 30, 2020  |  Economy

For the second consecutive week, the number of Americans filing new unemployment claims increased last week as new cases of COVID-19 continued to surge. Get...

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Germany Asks For Interpol Help To Find Ex-Wirecard COO
Germany Asks For Interpol Help To Find Ex-Wirecard COO
July 30, 2020  |  Security & Fraud

Germany is seeking help from Russia to help locate missing Wirecard executive Jan Marsalek, The Wall Street Journal (WSJ) reported. Get the Full Story Complete...

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Strong Venmo And QR Code Payments Growth Help PayPal Score Record Q2 Earnings
Strong Venmo And QR Code Payments Growth Help PayPal Score Record Q2 Earnings
July 29, 2020  |  Earnings

In an earnings season defined by diminished expectations amid the worldwide economic shutdown, PayPal not only beat analysts’ expectations Wednesday (July 29) but enjoyed a...

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German Finance, Economy Ministers Questioned Over Wirecard Collapse
German Finance, Economy Ministers Questioned Over Wirecard Collapse
July 29, 2020  |  Security & Fraud

German Finance Minister Olaf Scholz and Economy Minister Peter Altmaier faced hours of questioning by Parliament Wednesday (July 29) over allegations they failed to prevent...

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US Lawmakers Aim To Fix PPP Loophole That Could Cost SMBs Billions
US Lawmakers Aim To Fix PPP Loophole That Could Cost SMBs Billions
July 29, 2020  |  Loans

Lawmakers want to fix a mix-up in the economic relief CARES Act laws from March that could cost small businesses $120 billion in taxes, The...

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