Editor’s Picks

Pandemic Drives Hertz To Declare Chapter 11 Bankruptcy

Pandemic Drives Hertz To Declare Chapter 11 Bankruptcy
Pandemic Drives Hertz To Declare Chapter 11 Bankruptcy
May 22, 2020  |  Retail

Hertz Global Holdings filed Chapter 11 bankruptcy late Friday (May 22) as the coronavirus pandemic continues to dry up travel and tourism and all but...

READ MORE >
Democrats, Republicans And A Tale Of Two Stimulus Packages
Democrats, Republicans And A Tale Of Two Stimulus Packages
May 22, 2020  |  Economy

The U.S. economy is starting its walk back toward recovery, with all 50 states having publicly issued plans to begin reopening businesses after some eight...

READ MORE >
PPP Loan Forgiveness May Be Hard To Win For Self-Employed Workers
PPP Loan Forgiveness May Be Hard To Win For Self-Employed Workers
May 22, 2020  |  Loans

The self-employed might regret getting one of the Paycheck Protection Program (PPP) loans from the Small Business Administration (SBA). Get the Full Story Complete the...

READ MORE >
Big Tech, Private Equity Put $10.4B In Indian Mobile Firm Jio Since April
Big Tech, Private Equity Put $10.4B In Indian Mobile Firm Jio Since April
May 22, 2020  |  Investments

Even amid the economic headwinds that are blowing on a global scale, some investors are finding opportunity in what are seen as longstanding or even...

READ MORE >
Grocery Startup Missfresh To Close On $500M In Expansion Financing
Grocery Startup Missfresh To Close On $500M In Expansion Financing
May 22, 2020  |  Investments

Beijing’s Missfresh Ecommerce Co., a Chinese grocery delivery startup, is expected to receive more than $500 million in expansion financing as COVID-19 has fueled demand...

READ MORE >
Data Breaches Impact Unemployment Benefit Applicants In Four States
Data Breaches Impact Unemployment Benefit Applicants In Four States
May 22, 2020  |  Security & Fraud

Unemployed workers in at least four states who are coping with layoffs from the impact of the coronavirus now have another worry, NBC News reported....

READ MORE >
India Regulators Investigate Zomato-Uber Eats Deal
India Regulators Investigate Zomato-Uber Eats Deal
May 22, 2020  |  Partnerships / Acquisitions

Zomato, an India-based food delivery startup, is reportedly being investigated by regulators for its purchase of Uber Eats India, which could be seen as violating...

READ MORE >
Alibaba’s GMV Tops $1T As Mobile Orders Surge
Alibaba’s GMV Tops $1T As Mobile Orders Surge
May 22, 2020  |  Earnings

Alibaba Group Holding Co. reported results on Friday (May 22) that showed continued pivots to online commerce and mobile shopping, amid lockdowns that have shuttered...

READ MORE >
Caesars To Resume Gaming, Hospitality Operations In Vegas
Caesars To Resume Gaming, Hospitality Operations In Vegas
May 22, 2020  |  Retail

As it gears up to reopen in Las Vegas, Caesars Entertainment Corporation said it would resume its gaming and hospitality functions at Flamingo Las Vegas...

READ MORE >