Editor’s Picks

Apple To Restrict Occupancy, Require Masks With Store Reopenings

Apple To Restrict Occupancy, Require Masks With Store Reopenings
Apple To Restrict Occupancy, Require Masks With Store Reopenings
May 18, 2020  |  Retail

In a letter to its customers, Apple outlined its approach to the reopening its retail locations. Apple Senior Vice President for Retail and People Deidre...

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SoftBank Posts $18B Loss As Jack Ma Exits Board
SoftBank Posts $18B Loss As Jack Ma Exits Board
May 18, 2020  |  Investments

Japanese multinational conglomerate SoftBank Group posted a record-breaking $18 billion operating loss right after Alibaba co-founder Jack Ma announced he was stepping down from the...

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Grubhub Tells Uber No Deal But Negotiations Still At Play
Grubhub Tells Uber No Deal But Negotiations Still At Play
May 18, 2020  |  Partnerships / Acquisitions

Uber’s Sunday (May 17) acquisition offer of 1.9 of its shares for each Grubhub share is not enough to close a deal, but discussions are...

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Fed’s Powell: US Economic Recovery Could Take To End Of 2021
Fed’s Powell: US Economic Recovery Could Take To End Of 2021
May 17, 2020  |  Economy

Federal Reserve Chairman Jerome Powell, speaking on “60 Minutes,” said an economic recovery could take as long as another year and a half, but he...

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MLB: Baseball With No Fans Could Mean $640,000 Per Game Loss
MLB: Baseball With No Fans Could Mean $640,000 Per Game Loss
May 17, 2020  |  Economy

The New York Yankees are looking at a shortfall of $312 million if this year’s Major League Baseball (MLB) season ends up going forward with...

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SMBs Could Get More Flexibility To Use PPP Loans 
SMBs Could Get More Flexibility To Use PPP Loans 
May 17, 2020  |  Loans

The rules surrounding small business loans from the Paycheck Protection Program (PPP) are being overhauled as demand cools and small and medium-sized business (SMBs) owners...

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Feds Probe Loss Of Millions In Jobless Claims To Fraudsters
Feds Probe Loss Of Millions In Jobless Claims To Fraudsters
May 17, 2020  |  Security & Fraud

A Nigerian fraud ring is suspected by the U.S. Secret Service of siphoning hundreds of millions of dollars in unemployment payments from numerous state programs...

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JCPenney Files For Chapter 11 Bankruptcy
JCPenney Files For Chapter 11 Bankruptcy
May 15, 2020  |  Retail

The on-again, off-again bankruptcy of JCPenney is back on. The company announced late Friday (May 15) that it will file for Chapter 11 and close...

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Visa Patent Application Seeks To Turn Fiat Currencies Into Digital Blockchain Versions
Visa Patent Application Seeks To Turn Fiat Currencies Into Digital Blockchain Versions
May 15, 2020  |  Blockchain

Credit card giant Visa has filed an application for a U.S. patent on a computer system that would convert physical dollars and other fiat currencies into digital...

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