Editor’s Picks

Global Tourism Faces Multi-Trillion-Dollar Hit From COVID-19

Global Tourism Faces Multi-Trillion-Dollar Hit From COVID-19
Global Tourism Faces Multi-Trillion-Dollar Hit From COVID-19
July 01, 2020  |  Economy

The tourism sector in the United States will take the biggest hit of any country in the world from COVID-19, with China a distant second,...

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Macy’s Takes $3.1B Charge As Pandemic Dampens Outlook
Macy’s Takes $3.1B Charge As Pandemic Dampens Outlook
July 01, 2020  |  Retail

Macy’s Inc. recognized a $3.1 billion non-cash goodwill charge before tax, as the retailer’s long-haul forecast and market capitalization shifted, mainly due to the coronavirus...

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Police Raid Wirecard’s Offices In Two Countries
Police Raid Wirecard’s Offices In Two Countries
July 01, 2020  |  Cybersecurity

A team of investigators raided Wirecard AG’s offices in two countries as part of the probe into the 1.9 billion euros ($2.1 billion) that went...

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ADP Report Shows US Added Nearly 2.4M Private-Sector Jobs in June
ADP Report Shows US Added Nearly 2.4M Private-Sector Jobs in June
July 01, 2020  |  Economy

It’s not exactly “Happy Days Are Here Again,” but private sector employment increased by nearly 2.4 million jobs from May to June, according to the...

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Senate Approves Five-Week Extension For Paycheck Protection Program 
Senate Approves Five-Week Extension For Paycheck Protection Program 
July 01, 2020  |  Loans

Just as the application deadline was set to expire on the Paycheck Protection Program (PPP) at midnight Tuesday (June 30), the U.S. Senate extended the...

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Brazil Regulator Lifts Suspension Of WhatsApp’s Pair-Up With Cielo
Brazil Regulator Lifts Suspension Of WhatsApp’s Pair-Up With Cielo
July 01, 2020  |  Payment Methods

Cade, the Brazilian antitrust watchdog, announced it would be reversing its decision to suspend the WhatsApp payment services partnership between Facebook and Brazilian card operator...

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TravelgateX, PayParc Collaborate On Digital Wallet For Instant Travel B2B Payments
TravelgateX, PayParc Collaborate On Digital Wallet For Instant Travel B2B Payments
June 30, 2020  |  B2B Payments

Travel tech companies TravelgateX and PayParc have made a deal to create a B2B digital wallet, operating via API integration and available for any buyer...

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Free Food Offer Crashes Taco Bell’s App, Website
Free Food Offer Crashes Taco Bell’s App, Website
June 30, 2020  |  ResTech

Lots of Taco Bell customers hoping to get their hands on a free Chalupa Craving Box were disappointed when the Mexican and Tex-Mex fast food...

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