Editor’s Picks

Airlines Worldwide Will Need Billions In Bailout, Group Says

Airlines Worldwide Will Need Billions In Bailout, Group Says
Airlines Worldwide Will Need Billions In Bailout, Group Says
March 18, 2020  |  Economy

The global airline industry, struggling as the world is on lockdown with the spreading coronavirus, is increasingly turning to governments for financial aid. Get the...

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Treasury Secretary Warns Of Depression-Like Unemployment Levels
Treasury Secretary Warns Of Depression-Like Unemployment Levels
March 18, 2020  |  Economy

Treasury Secretary Steven Mnuchin said the U.S. unemployment rate could soar to 20 percent if Congress fails to pass a $1 trillion coronavirus stimulus package,...

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Retailers Shutter Brick-And-Mortar Stores As Foot Traffic Sinks
Retailers Shutter Brick-And-Mortar Stores As Foot Traffic Sinks
March 18, 2020  |  Economy

Large department stores such as Macy’s and Bloomingdale’s have shut down their New York City locations to avoid the large congregations of people usually inside...

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NEW REPORT: How COVID-19 Changed Daily Life For 85 Percent Of US Consumers
NEW REPORT: How COVID-19 Changed Daily Life For 85 Percent Of US Consumers
March 18, 2020  |  Economy

The United States has reached a tipping point on COVID-19, with federal state and local governments implementing new restrictions on where consumers can travel, how...

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Costco Pays $1B To Sears Owner For Logistics Co Innovel
Costco Pays $1B To Sears Owner For Logistics Co Innovel
March 17, 2020  |  Retail

Costco has announced the purchase of logistics company Innovel Solutions, which was owned by Sears parent company Transform Holdco, according to a report by The...

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Penta Lands $20M For Corporate Banking Tech
Penta Lands $20M For Corporate Banking Tech
March 17, 2020  |  B2B Payments

Germany’s Penta, which works in banking for small- to medium-sized businesses (SMBs), has completed a 18.5-million-euro ($20.4 million) funding round, according to a TechCrunch report....

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FTC Calls For Safety Measures As Coronavirus Cases Grow
FTC Calls For Safety Measures As Coronavirus Cases Grow
March 17, 2020  |  Economy

The Federal Trade Commission (FTC) is prioritizing measures to ensure the health and safety of U.S. residents as they hunker down amid the coronavirus pandemic....

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Trump Seeks Up To $1,000 For Each American Impacted By Coronavirus
Trump Seeks Up To $1,000 For Each American Impacted By Coronavirus
March 17, 2020  |  Economy

President Donald Trump is reportedly discussing the possibility of sending Americans $1,000 checks to help with the economic hardships brought on by the coronavirus, according...

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