Editor’s Picks

Palantir Technologies Seeks Nearly $1B From Investors

US Unemployment Rate Drops To 11 Pct; Jobless Claims Fall To 1.4M
US Unemployment Rate Drops To 11 Pct; Jobless Claims Fall To 1.4M
July 02, 2020  |  Economy

The U.S. economy added a record 4.8 million nonfarm jobs in June and the unemployment rate fell to a lower-than-expected 11.1 percent, the U.S. Labor...

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SoftBank-Backed Lemonade Soars Above $3B Valuation On First Day Of IPO Trading
SoftBank-Backed Lemonade Soars Above $3B Valuation On First Day Of IPO Trading
July 02, 2020  |  IPO

Lemonade, the insurance startup backed by Japan’s SoftBank, soared on its first day of trading Thursday (July 2), rising more than 100 percent as of...

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Uber To Continue Mandating Masks Into July
Uber To Continue Mandating Masks Into July
July 02, 2020  |  Ridesharing

Uber will be requiring drivers and riders to wear masks for the forseeable future, Reuters reported. Get the Full Story Complete the form to unlock...

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PPP Application Deadline Extended Until Aug. 8
PPP Application Deadline Extended Until Aug. 8
July 01, 2020  |  Loans

The U.S. House of Representatives has passed a bill to extend the deadline for businesses to apply for forgivable loan aid through the Paycheck Protection...

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SoftBank Wants Out Of Wirecard Partnership After Last Year’s $1B Investment
SoftBank Wants Out Of Wirecard Partnership After Last Year’s $1B Investment
July 01, 2020  |  Cybersecurity

SoftBank is looking to put distance between itself and Wirecard due to the German payments company’s ongoing scandal involving missing money and cooked books, The...

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Survey: Quarter Of Americans Open To Banking With Big-Tech Firms Like Amazon, Apple And Google
Survey: Quarter Of Americans Open To Banking With Big-Tech Firms Like Amazon, Apple And Google
July 01, 2020  |  Banking

Despite the surge in mobile payments and online banking, no one is predicting the disappearance of traditional banks and their brick-and-mortar branches.  Get the Full...

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EU Awaits Launch Of Payments Network Challenger This Week
EU Awaits Launch Of Payments Network Challenger This Week
July 01, 2020  |  Cross-border Payments

A group of big European banks is planning to challenge Visa’s and Mastercard’s positions as the world’s two largest payment processing networks, Electronic Payments International...

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