Editor’s Picks

Costco Reduces Hours, Updates Return Policy Due To COVID-19

Costco Reduces Hours, Updates Return Policy Due To COVID-19
Costco Reduces Hours, Updates Return Policy Due To COVID-19
March 30, 2020  |  Retail

Amid the COVID-19 situation, Costco is cutting back on its store hours and changing some of its policies. The warehouse club will not accept returns...

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UK Agencies Paint Stark Reality For Retail
UK Agencies Paint Stark Reality For Retail
March 30, 2020  |  Retail

The U.S. retail picture is bleak in this time of COVID-19. But the U.K. may be even worse. Data from February shows the U.K. economy...

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eCommerce Grocer Weee Notches Almost $50M In Funding
eCommerce Grocer Weee Notches Almost $50M In Funding
March 30, 2020  |  Retail

In Series B and Series B+ rounds headed up by VMG and XVC, California-based eCommerce grocer Weee notched almost $50 million in financing. Lightspeed Ventures,...

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Google, Amazon Urged To Delay SMB Cloud Payments
Google, Amazon Urged To Delay SMB Cloud Payments
March 30, 2020  |  B2B Payments

Top technology conglomerates including Google, Amazon and Microsoft are being urged to allow their startup and small business customers to defer payments for cloud services,...

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Airbnb Execs Take Less Pay, Sideline $800M Marketing Plans
Airbnb Execs Take Less Pay, Sideline $800M Marketing Plans
March 30, 2020  |  Coronavirus

Airbnb is looking to pause its marketing campaigns as a way to save $800 million while the company’s executives slash half of their salaries, Reuters...

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US Mall Owner Taubman Tells Tenants To Pay Up
US Mall Owner Taubman Tells Tenants To Pay Up
March 30, 2020  |  Retail

U.S. mall owner Taubman is telling tenants that their rent must be paid despite the inability to meet obligations, according to a CNBC report on...

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US Eases New Banking Rule On Reporting Bad Loans
US Eases New Banking Rule On Reporting Bad Loans
March 30, 2020  |  Banking

Bank regulators have rolled back the Jan. 1 accounting standard known as “current expected credit loss” (CECL) in an effort to bolster loans in the...

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Venmo, Square Cash Vie For Stimulus Funds Distribution
Venmo, Square Cash Vie For Stimulus Funds Distribution
March 29, 2020  |  Payment Methods

Venmo and Cash App want to be considered as ways the U.S. government could deliver its stimulus funds to help the coronavirus-wrecked economy. Get the...

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Satellite Internet Startup OneWeb Closes After SoftBank Fund Raise Fails
Satellite Internet Startup OneWeb Closes After SoftBank Fund Raise Fails
March 29, 2020  |  Startups

OneWeb, which wanted to make internet access worldwide and widespread, has filed for bankruptcy and let most of its employees go after it couldn’t get...

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