Editor’s Picks

Express Inc. Net Sales Drop 53 Pct Amid Pandemic

Express Inc. Net Sales Drop 53 Pct Amid Pandemic
Express Inc. Net Sales Drop 53 Pct Amid Pandemic
June 03, 2020  |  Retail

As it took “decisive actions” to maintain liquidity, Express Inc. reported “continued momentum” with its The EXPRESSway Forward long-term strategy, as a phased reopening of...

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NYC Public Trans Contactless Fare Plans Slowed
NYC Public Trans Contactless Fare Plans Slowed
June 03, 2020  |  Payment Methods

New Yorkers who were hoping the city’s public transportation network would soon accept contactless payment will have to wait. Get the Full Story Complete the...

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Lyft Rides Up In May From April But Still Down 70 Pct YOY
Lyft Rides Up In May From April But Still Down 70 Pct YOY
June 03, 2020  |  Ridesharing

While Lyft’s ride counts are rising from the worst parts of the pandemic, they’re still down 70 percent from a year ago, CNBC reported. Get...

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India To Offer $6.6 Billion To Attract Smartphone Manufacturers
India To Offer $6.6 Billion To Attract Smartphone Manufacturers
June 03, 2020  |  Mobile

India, looking to attract more global investments in the manufacture of mobile phones, is offering financial incentives and a wealth of plug-and-play facilities, Bloomberg reports....

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PayPal, Facebook Take Stakes In Gojek
PayPal, Facebook Take Stakes In Gojek
June 03, 2020  |  Investments

PayPal and Facebook are collaborating on a funding round by GoJek, the Indonesian digital payments company, to boost their profiles in Southeast Asia’s financial services...

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Aussie Central Bank Considers Regulating ePayments Fees
Aussie Central Bank Considers Regulating ePayments Fees
June 03, 2020  |  Digital Payments

The Reserve Bank of Australia (RBA), the country’s central bank, is considering reducing the cost of electronic payments for merchants and consumers as COVID-19 makes...

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Amazon Plans ‘Invitation Only’ Sale Starting June 22
Amazon Plans ‘Invitation Only’ Sale Starting June 22
June 03, 2020  |  Amazon Commerce

Amazon will hold a “summer sale” on June 22 in order to hopefully help the economy get moving, CNBC reports. Get the Full Story Complete...

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Wells Fargo Cuts Off Lending Services For Independent Car Dealers
Wells Fargo Cuts Off Lending Services For Independent Car Dealers
June 02, 2020  |  Loans

Wells Fargo will no longer be giving loans to independent auto dealers, according to a report from CNBC. Get the Full Story Complete the form...

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Atlanta Fed: Real GDP Estimated To Fall 52.8 Pct In Q2
Atlanta Fed: Real GDP Estimated To Fall 52.8 Pct In Q2
June 02, 2020  |  Economy

Real gross domestic product (GDP) is projected to plummet 52.8 percent in the second quarter, according to the Federal Reserve Bank of Atlanta’s GDPNow as...

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