Editor’s Picks

US Online Grocery Sales Hit $7.2B In June

US Online Grocery Sales Hit $7.2B In June
US Online Grocery Sales Hit $7.2B In June
July 06, 2020  |  eCommerce

Online grocery sales growth continued in June as the pandemic continued to shape the way people shopped for necessities like food, according to a new...

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Wirecard Exec Who Ran Unit At Heart Of Scandal In Custody In Munich
Wirecard Exec Who Ran Unit At Heart Of Scandal In Custody In Munich
July 06, 2020  |  Security & Fraud

Wirecard executive Oliver Bellenhaus, 46, has been arrested in Munich for his alleged central role in the massive worldwide fraud case currently enveloping the company,...

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A Third Of US Companies Slashed Worker Pay For Pandemic
A Third Of US Companies Slashed Worker Pay For Pandemic
July 06, 2020  |  Economy

A new survey by global outplacement and executive and business coaching firm Challenger, Gray & Christmas found that 30 percent of companies have cut pay...

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Square Rally Sees Firm’s Valuation Nearing Major Banks
Square Rally Sees Firm’s Valuation Nearing Major Banks
July 06, 2020  |  Investments

With a rally in shares, Square‘s valuation is approaching the level of some of the biggest U.S. banks, Bloomberg reports. Get the Full Story Complete...

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Google Parent Alphabet Joins Amazon, Microsoft And Apple With $1T Market Cap
Google Parent Alphabet Joins Amazon, Microsoft And Apple With $1T Market Cap
July 06, 2020  |  Investments

The four largest tech companies have regained their trillion-dollar status as the stock market continues its surprising rebound following a big slide during the early...

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$132B Still Available From PPP, Including $30B That Companies Returned
$132B Still Available From PPP, Including $30B That Companies Returned
July 06, 2020  |  Loans

There’s still lots of federal cash available for small and medium-sized businesses (SMBs) in need of a hand up through the COVID-19 crisis. Get the...

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Lucky Brand Starts Chapter 11 Proceedings, Seeks Sale
Lucky Brand Starts Chapter 11 Proceedings, Seeks Sale
July 06, 2020  |  Retail

Lucky Brand has started proceedings under Chapter 11 to help pave the way for a sale and decrease its debt load brought about by recent...

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Probe Claims Luckin Coffee Chair May Have Known Of Discrepancies
Probe Claims Luckin Coffee Chair May Have Known Of Discrepancies
July 06, 2020  |  Security & Fraud

The head of Luckin Coffee Inc. knew or should have known about the accounting misconduct at the Beijing-based java chain, The Wall Street Journal reported. Get the...

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