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Volocopter Raises $240 Million, Nears Launch Of Urban Air Taxi

Volocopter Raises $240 Million, Nears Launch Of Urban Air Taxi
Volocopter Raises $240 Million, Nears Launch Of Urban Air Taxi
March 03, 2021  |  Investments

German urban air mobility (UAM) startup Volocopter has raised €200 million, or $240 million, to help certify and launch its battery-powered city air taxi, VoloCity....

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ADP Report: SMBs Add 89,000 New Jobs In February
ADP Report: SMBs Add 89,000 New Jobs In February
March 03, 2021  |  Economy

Jobs are up 117,000 in the private sector according to the February ADP National Employment Report, a drop from January’s 195,000 upwardly revised level and...

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Today In Retail: Ross Stores’ Traffic Hit By Pandemic; Vestiaire Collective Completes $215 Million Round
Today In Retail: Ross Stores’ Traffic Hit By Pandemic; Vestiaire Collective Completes $215 Million Round
March 03, 2021  |  Retail

In today’s top retail news, Ross Stores, Inc. said its fourth-quarter sales exceeded forecasts but the pandemic proved to be a hurdle for traffic, while...

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Europe, China Move Forward With Vaccine Passport Plans
Europe, China Move Forward With Vaccine Passport Plans
March 03, 2021  |  International

The drive for vaccine passports is picking up speed, as the European Union and China said they would be moving forward with new programs. Get...

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Contextual Commerce Expands Beyond Social Media
Contextual Commerce Expands Beyond Social Media
March 03, 2021  |  Retail

The contextual commerce wave has been building for quite some time. In 2018 — a full two years before the words “global pandemic” became a...

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Today In Payments Around The World: Payments Canada Taps Interac For Real-Time Services; EU Could Face Recession
Today In Payments Around The World: Payments Canada Taps Interac For Real-Time Services; EU Could...
March 03, 2021  |  News

In today’s top payments news around the world, Payments Canada will work with Interac Corp. to function as the exchange service provider for the country’s...

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Target Expands Grocery Pickup Options As Food Spend Increases
Target Expands Grocery Pickup Options As Food Spend Increases
March 03, 2021  |  Retail

Target began rolling out grocery pickup and drive-up across the United States over the summer in an effort to compete with the low-contact options offered...

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SoftBank Plans Big PayPay Push In Wake Of Line Pay Merger
SoftBank Plans Big PayPay Push In Wake Of Line Pay Merger
March 03, 2021  |  Digital Payments

SoftBank is out to double the users of its PayPay QR code payments app in the next three to four years, Reuters reported. Get the...

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Nordstrom Q4 Reflects Transition To Digital-First Business As Rising Cost Crimp Profits
Nordstrom Q4 Reflects Transition To Digital-First Business As Rising Cost Crimp Profits
March 03, 2021  |  Retail

Luxury retailer Nordstrom said it posted a 20 percent decrease in fourth-quarter sales and an 82 percent decline in earnings as higher than expected merchandise...

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