Editor’s Picks

Economist: 42 Pct Of Pandemic Layoffs Will Be Permanent

Economist: 42 Pct Of Pandemic Layoffs Will Be Permanent
Economist: 42 Pct Of Pandemic Layoffs Will Be Permanent
May 15, 2020  |  Economy

A recent economic survey forecasts that 42 percent of layoffs will bring about permanent job losses. In a televised interview on CNBC, University of Chicago...

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Amazon Sues Two Firms Over Alleged Alexa Scam
Amazon Sues Two Firms Over Alleged Alexa Scam
May 15, 2020  |  Amazon

Amazon has filed suit against two companies that are allegedly operating a global tech support scheme targeting Alexa users, CNN reported. Get the Full Story...

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House To Pass $3T Stimulus Package Despite GOP Opposition
House To Pass $3T Stimulus Package Despite GOP Opposition
May 15, 2020  |  Coronavirus

House Democrats made the case for a $3 trillion coronavirus stimulus package Friday (May 15), as White House and GOP leaders said they oppose what...

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Giphy Joins Instagram
Giphy Joins Instagram
May 15, 2020  |  Facebook

Giphy, the search engine and online database for users to share videos, is joining Facebook as part of the Instagram team, Facebook announced on Friday (May 15). ...

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Zomato Lays Off 500+ Employees
Zomato Lays Off 500+ Employees
May 15, 2020  |  Personnel

Zomato, one of India’s most popular food apps, is downsizing its workforce by 13 percent and cutting pay for its remaining employees due to the...

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Good News? Dillard’s And Nike Say They Have Some
Good News? Dillard’s And Nike Say They Have Some
May 15, 2020  |  Retail

Retail and optimism. Those two terms haven’t been in the same sentence since January, but believe it or not, there were a few places they...

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Retail And Food Service Sales Plummet 16 Pct. For April
Retail And Food Service Sales Plummet 16 Pct. For April
May 15, 2020  |  Retail

Retail sales plummeted by a record 16.4 percent in April, according to the latest U.S. Census Bureau data, as many businesses are running on limited capacity...

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Boohoo Begins Saving Up For Post-Pandemic Acquisitions
Boohoo Begins Saving Up For Post-Pandemic Acquisitions
May 15, 2020  |  Retail

U.K. online fashion retailer Boohoo is raising as much as £200 million ($243 million) with the anticipation of using it for acquisitions in the coming months as the...

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Senators Ask DOJ To Keep Eye On Event Ticket Price Gouging
Senators Ask DOJ To Keep Eye On Event Ticket Price Gouging
May 15, 2020  |  Economy

Live concert tickets, already rising in recent years amid monopoly-related fears, could see even more expensive turns if smaller companies and venues are shut out...

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