Editor’s Picks

Senators Push FTC To Shield SMBs From PPP Scams

Senators Push FTC To Shield SMBs From PPP Scams
Senators Push FTC To Shield SMBs From PPP Scams
May 06, 2020  |  Security & Fraud

A group of senators is asking the Federal Trade Commission (FTC) to take more steps to protect small- to medium-sized business (SMB) owners from scams...

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Grubhub Grows Active Diners By 24 Pct
Grubhub Grows Active Diners By 24 Pct
May 06, 2020  |  Earnings

Amid a rise in orders and an increase in customers fueled by the coronavirus pandemic, Grubhub reported a 24 percent year-over-year increase in active diners...

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SBA Still Clearing Up PPP Loan Confusion
SBA Still Clearing Up PPP Loan Confusion
May 06, 2020  |  Loans

It’s a fact that it’s a lot of money, but disbursing hundreds of billions of dollars for the Payroll Protection Program (PPP) has been overly...

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Are Gap’s Face Masks The Start Of Retail Reinvention?
Are Gap’s Face Masks The Start Of Retail Reinvention?
May 06, 2020  |  Retail

Retail must, and will, change following the coronavirus, with consumer behavior shifting from brick-and-mortar to eCommerce and merchants making adjustments to their inventory selections and...

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Facebook’s Libra Association Hires Its First CEO
Facebook’s Libra Association Hires Its First CEO
May 06, 2020  |  Personnel

The group founded by Facebook to launch the social media company’s entry into digital currency has named a former U.S. Treasury Department executive as its...

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NY Fed Study: Neediest SMBs Didn’t Get PPP Loans
NY Fed Study: Neediest SMBs Didn’t Get PPP Loans
May 06, 2020  |  Loans

The Paycheck Protection Program (PPP) was intended to extend forgivable loans to businesses struggling to pay workers and stay afloat amid the coronavirus pandemic. Instead,...

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Two Men Charged In First US Case Of PPP Stimulus Fraud
Two Men Charged In First US Case Of PPP Stimulus Fraud
May 06, 2020  |  Security & Fraud

Two men were charged in Rhode Island with fraudulently seeking loans through the Paycheck Protection Program (PPP), the U.S. Department of Justice said in a...

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Nordstrom And Lord & Taylor Dampen Retail Reopening Plans
Nordstrom And Lord & Taylor Dampen Retail Reopening Plans
May 06, 2020  |  Retail

The retail reopenings underway hit a few roadblocks on Wednesday (May 6), as Nordstrom’s, L Brands and Lord & Taylor all checked in with bad...

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New Stores Created On Shopify Jump 62 Pct Amid Shift To eCommerce
New Stores Created On Shopify Jump 62 Pct Amid Shift To eCommerce
May 06, 2020  |  Retail

As the coronavirus pandemic speeds up consumers’ transitions to online shopping, Shopify reported that new stores created on the platform jumped 62 percent from March...

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