Editor’s Picks

SoftBank May Drop Plan To Buy $3B In WeWork Stock

SoftBank May Drop Plan To Buy $3B In WeWork Stock
SoftBank May Drop Plan To Buy $3B In WeWork Stock
March 17, 2020  |  Investments

A big part of SoftBank’s bailout plans for office sharing company WeWork could be in jeopardy after SoftBank backed away from a plan to buy...

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Uber, Lime Pause Some Ridesharing Services
Uber, Lime Pause Some Ridesharing Services
March 17, 2020  |  Economy

In an effort to restrict the growth of COVID-19, Uber has started to halt its pooled rides option in the U.S. and Canada. The company’s Uber...

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Coronavirus Triggers Furloughs At Marriotts Worldwide
Coronavirus Triggers Furloughs At Marriotts Worldwide
March 17, 2020  |  Economy

Worldwide furloughs are happening at Marriott International in response to the coronavirus pandemic and the resulting collapse of travel and tourism, according to reports on...

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Nordstrom, L Brands Temporarily Shutter Brick-And-Mortar Locations
Nordstrom, L Brands Temporarily Shutter Brick-And-Mortar Locations
March 17, 2020  |  Retail

Nordstrom Inc. is shuttering its brick-and-mortar retail locations for two weeks in the United States and Canada, with the inclusion of Nordstrom Rack stores, to...

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Afterpay Fined By CA Regulator For Unlicensed Loans
Afterpay Fined By CA Regulator For Unlicensed Loans
March 17, 2020  |  BNPL

Australian startup Afterpay is settling with the California Department of Business Oversight (DBO) over allegations that the buy now, pay later (BNPL) firm was offering...

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Facebook Funds $100M In Grants For SMBs Hurt By Coronavirus
Facebook Funds $100M In Grants For SMBs Hurt By Coronavirus
March 17, 2020  |  Economy

Facebook wants to help small and medium-sized businesses (SMBs) survive the coronavirus pandemic, and is offering $100 million in grants to 30,000 companies in over...

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Grocers Speed Up Hiring To Fill eCommerce Orders, Operate Stores
Grocers Speed Up Hiring To Fill eCommerce Orders, Operate Stores
March 17, 2020  |  Retail

As staffers need time away from work to tend to their children, or they become ill, supermarket companies are speeding up hiring to have workers...

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Amazon Restricts Shipments To Warehouses Amid Coronavirus
Amazon Restricts Shipments To Warehouses Amid Coronavirus
March 17, 2020  |  Retail

As Amazon elevates the importance of delivering highly sought products amid the coronavirus pandemic, the eTailer said independent merchants would not be able to send merchandise to...

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