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Biden Administration Extends Small Business Loan Program
Biden Administration Extends Small Business Loan Program
March 31, 2021  |  Loans

President Joe Biden has extended the period that small businesses have to seek loans to offset costs related to the COVID-19 pandemic. According to Bloomberg,...

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Federal Reserve Announces Message Specifications For FedNow
Federal Reserve Announces Message Specifications For FedNow
March 31, 2021  |  Faster Payments

The U.S. Federal Reserve on Wednesday (March 31) released message specifications for its instant payment service, FedNow. Set by the International Organization for Standardization, or...

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Singapore Exchange Eyes SPACs
Singapore Exchange Eyes SPACs
March 31, 2021  |  International

Singapore Exchange Ltd. is formally exploring whether to begin trafficking in special-purpose acquisition companies (SPACs), the blank-check companies that have become a favorite tool for...

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Today In Retail: Chewy’s Net Sales Soar; Walgreens Results Impacted By Weak Cold And Flu Season
Today In Retail: Chewy’s Net Sales Soar; Walgreens Results Impacted By Weak Cold And Flu...
March 31, 2021  |  Retail

In today’s top retail news, Chewy, Inc. registered a 51 percent year-0ver-year increase in net sales for its fiscal fourth quarter of 2020, Walgreens said...

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US Car Sales Shift Into High Gear In Q1
US Car Sales Shift Into High Gear In Q1
March 31, 2021  |  Retail

The car buying craze is on. According to recent reports, consumers are snapping up new vehicles at pre-pandemic levels, as a  massive case of FOMO...

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Tonal Valued At $1.6 Billion After $250 Million Funding Round
Tonal Valued At $1.6 Billion After $250 Million Funding Round
March 31, 2021  |  Investments

Smart at-home fitness platform Tonal has raised $250 million in an oversubscribed Series E funding round, valuing the company at $1.6 billion. Get the Full...

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JD.com Sells Off Cloud, AI Units To Its FinTech Arm
JD.com Sells Off Cloud, AI Units To Its FinTech Arm
March 31, 2021  |  Acquiring

Chinese eCommerce giant JD.com said on Wednesday (March 31) that it had officially sold its JD Cloud and artificial intelligence (AI) business to its FinTech...

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BNPL Firm Paidy Notches $120 Million In Series D Funding Round
BNPL Firm Paidy Notches $120 Million In Series D Funding Round
March 31, 2021  |  Investments

Japanese buy now, pay later (BNPL) provider Paidy Inc. announced Tuesday (March 30) it had completed its Series D funding round, raising $120 million. Get...

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UK Markets Regulator Wants To Ease SPAC Rules
UK Markets Regulator Wants To Ease SPAC Rules
March 31, 2021  |  Regulation

The Financial Conduct Authority, the U.K.’s markets regulator, released plans Wednesday (March 31) to reform its rules governing special-purpose acquisition companies (SPACs). Get the Full...

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