Editor’s Picks

Kroger’s Digital 3.0 Shift Boosts Its First-Quarter Earnings

Kroger’s Digital 3.0 Shift Boosts Its First-Quarter Earnings
Kroger’s Digital 3.0 Shift Boosts Its First-Quarter Earnings
June 18, 2020  |  Retail

Kroger posted a monster first quarter on both sides of the aisle Thursday (June 18) as consumers showed they will visit grocery stores with the...

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US Jobless Claims Down, But Still Above 1.5M 
US Jobless Claims Down, But Still Above 1.5M 
June 18, 2020  |  Economy

Unemployment claims fell slightly to 1.5 million last week, the 11th consecutive week the jobless numbers have declined, but higher than economists expected, according to...

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US Casinos To Go Cashless, Citing Pandemic Fears 
US Casinos To Go Cashless, Citing Pandemic Fears 
June 18, 2020  |  Payment Methods

U.S. casinos are moving toward cashless gambling to protect customers and staff from the COVID-19 pandemic. Get the Full Story Complete the form to unlock...

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FinTech Pagaya Notches $102M In Funding Round
FinTech Pagaya Notches $102M In Funding Round
June 17, 2020  |  Investments

Pagaya, a U.S. and Israeli FinTech collaboration, announced a Series D funding round in which it raised $102 million, according to a press release, bringing...

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Amazon’s Saudi Arabia eCommerce Site Debuts
Amazon’s Saudi Arabia eCommerce Site Debuts
June 17, 2020  |  Amazon

A conflict between Amazon CEO Jeff Bezos and Saudi Crown Prince Mohammed bin Salman didn’t derail the eCommerce giant’s launch of its new website in...

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Facebook Deal With Jio Faces Antitrust Scrutiny In India
Facebook Deal With Jio Faces Antitrust Scrutiny In India
June 17, 2020  |  Facebook

The Competition Commission of India (CCI), the nation’s antitrust police, is investigating Facebook Inc.’s purchase of a 10 percent stake in Reliance Jio Infocomm Ltd.’s...

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Target Boosts Beginning Wage To $15, Extends Pandemic Benefits
Target Boosts Beginning Wage To $15, Extends Pandemic Benefits
June 17, 2020  |  Retail

As it invests almost $1 billion more on its team than it did last year, Target said it would permanently increase its beginning wage for...

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Neiman Marcus Obtains Access To $250M With DIP Financing
Neiman Marcus Obtains Access To $250M With DIP Financing
June 17, 2020  |  Retail

Neiman Marcus Group has obtained U.S. court approval to get debtor-in-possession financing. The retailer said $250 million is available now and a further $150 million...

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