Editor’s Picks

Facebook Closes $5.7B Deal For Stake In India’s Reliance Jio

Facebook Closes $5.7B Deal For Stake In India’s Reliance Jio
Facebook Closes $5.7B Deal For Stake In India’s Reliance Jio
April 22, 2020  |  Facebook

Facebook closed a $5.7 billion deal on Tuesday (April 21) for a minority stake in Indian telecom startup Reliance Jio, giving the social media giant...

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AvidXchange Closes Funding Round With $127M
AvidXchange Closes Funding Round With $127M
April 21, 2020  |  B2B Payments

North Carolina-based AvidXchange has raised $127 million after a funding round, according to a U.S. Security and Exchange Commission filing. Get the Full Story Complete the form...

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Uber Eats Says Customers Donated $3M To Help Unemployed Workers
Uber Eats Says Customers Donated $3M To Help Unemployed Workers
April 21, 2020  |  Coronavirus

Uber Eats customers have stepped up at a tough time for restaurants and donated $3 million to help food service establishments using a new feature...

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NY’s Jobless Claims Site Crashes From High Volume
NY’s Jobless Claims Site Crashes From High Volume
April 21, 2020  |  Coronavirus

New York Governor Andrew Cuomo said there have been so many unemployment claims that the state’s entire system – including the website and phones –...

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Senate Passes Bill That Adds $310B More To PPP Loans
Senate Passes Bill That Adds $310B More To PPP Loans
April 21, 2020  |  Loans

The Senate has passed a new $484 billion coronavirus relief package, including more than $300 billion in additional funds for the Paycheck Protection Program (PPP) designed...

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Barclays Rolls Out Coronavirus Loans To Help Large UK Corporates
Barclays Rolls Out Coronavirus Loans To Help Large UK Corporates
April 21, 2020  |  B2B Payments

To support large business banking customers affected by COVID-19 in Britain, Barclays is rolling out its Coronavirus Large Business Interruption Loan Scheme. The bank said...

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Lord & Taylor Joins Retail Bankruptcy Watch
Lord & Taylor Joins Retail Bankruptcy Watch
April 21, 2020  |  Retail

The retail bankruptcy watch intensified Tuesday (April 21) as the department store sector was hit by reports of yet another major player looking at that...

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7-Eleven Delivers Alcohol, Whole Pizzas Via Mobile App
7-Eleven Delivers Alcohol, Whole Pizzas Via Mobile App
April 21, 2020  |  Retail

7-Eleven customers can now use the 7NOW delivery app to order wine, beer or liquor anytime in participating markets, as well as hot or ready-to-bake whole...

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Coca-Cola Volumes Drop 25 Pct As COVID-19 Softens Demand
Coca-Cola Volumes Drop 25 Pct As COVID-19 Softens Demand
April 21, 2020  |  Retail

Amid the coronavirus pandemic, Coca-Cola said the shuttering of eateries, stadiums and cinemas has negatively impacted its business. The firm’s worldwide volumes have plummeted 25...

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