Editor’s Picks

BoA Downgrades Square Over SMB Sector Concerns

BoA Downgrades Square Over SMB Sector Concerns
BoA Downgrades Square Over SMB Sector Concerns
May 18, 2020  |  SMBs

Bank of America has lowered its rating of Square Inc. by two notches Monday (May 18), downgrading the stock to “underperform” from “buy” amid fears that...

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Uber Refocuses Business, Cuts 3K Jobs
Uber Refocuses Business, Cuts 3K Jobs
May 18, 2020  |  Ridesharing

Uber plans to cut 3,000 more jobs and close 45 offices — all while eyeing other cutbacks as the COVID-19 economy keeps pummeling the ride-hailing...

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Mark Cuban Calls For Stimulus Cash, COVID-19 Jobs Program
Mark Cuban Calls For Stimulus Cash, COVID-19 Jobs Program
May 18, 2020  |  Economy

In a series of tweets, entrepreneur Mark Cuban has called for a sea change in federal government policies to address the COVID-19 pandemic, on both...

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Panera Unveils Curbside Pickup With Geofencing Capability
Panera Unveils Curbside Pickup With Geofencing Capability
May 18, 2020  |  Retail

To enable safe, easy delivery of meals straight to the cars of its diners, Panera Bread has unveiled its Panera Curbside geofence-enabled service. The quick-service...

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Apple To Restrict Occupancy, Require Masks With Store Reopenings
Apple To Restrict Occupancy, Require Masks With Store Reopenings
May 18, 2020  |  Retail

In a letter to its customers, Apple outlined its approach to the reopening its retail locations. Apple Senior Vice President for Retail and People Deidre...

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SoftBank Posts $18B Loss As Jack Ma Exits Board
SoftBank Posts $18B Loss As Jack Ma Exits Board
May 18, 2020  |  Investments

Japanese multinational conglomerate SoftBank Group posted a record-breaking $18 billion operating loss right after Alibaba co-founder Jack Ma announced he was stepping down from the...

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Grubhub Tells Uber No Deal But Negotiations Still At Play
Grubhub Tells Uber No Deal But Negotiations Still At Play
May 18, 2020  |  Partnerships

Uber’s Sunday (May 17) acquisition offer of 1.9 of its shares for each Grubhub share is not enough to close a deal, but discussions are...

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Fed’s Powell: US Economic Recovery Could Take To End Of 2021
Fed’s Powell: US Economic Recovery Could Take To End Of 2021
May 17, 2020  |  Economy

Federal Reserve Chairman Jerome Powell, speaking on “60 Minutes,” said an economic recovery could take as long as another year and a half, but he...

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