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SEC Probes Clover Health Actions In Going Public Via SPAC

SEC Probes Clover Health Actions In Going Public Via SPAC
SEC Probes Clover Health Actions In Going Public Via SPAC
February 05, 2021  |  IPO

Clover Health said Friday (Feb. 5) it would cooperate with the Securities and Exchange Commission (SEC) on an investigation prompted by a scathing report on...

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China’s Luckin Coffee Files For Chapter 15 Bankruptcy Protection In US
China’s Luckin Coffee Files For Chapter 15 Bankruptcy Protection In US
February 05, 2021  |  Retail

Luckin Coffee, which saw two of its top executives fired last year for mismanagement, said it has filed for Chapter 15 bankruptcy protection in the...

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GameStop Shares Up After Robinhood Lifts Buying Restrictions
GameStop Shares Up After Robinhood Lifts Buying Restrictions
February 05, 2021  |  Investments

Shares of GameStop and other stocks rose after Robinhood removed trading restrictions on  Friday (Feb. 5), Reuters reported. GameStop escalated 8.4 percent in U.S. pre-market...

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Pinterest, Snap, Twitter Compete To Monetize Social Media
Pinterest, Snap, Twitter Compete To Monetize Social Media
February 05, 2021  |  Social Commerce

Lockdowns create fairly optimal conditions for social media platforms from a user engagement point of view, as consumers who can’t go out to see their...

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Loyalty Programs Provide Lifeline For Struggling QSRs In 2020’s Final Quarter
Loyalty Programs Provide Lifeline For Struggling QSRs In 2020’s Final Quarter
February 05, 2021  |  Restaurant innovation

Q4 was a difficult quarter in a difficult year for quick-service restaurants (QSRs), as the pandemic raged on, temperatures grew colder and diners returned to...

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PayPal Cooperating With CFPB On Venmo Investigation
PayPal Cooperating With CFPB On Venmo Investigation
February 05, 2021  |  Digital Payments

PayPal Holdings said Friday (Feb. 5) its payments app Venmo was being investigated over allegations of unauthorized fund transfers and collections processes. The company told...

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Jobs Data: Surge In Temp Workers Could Herald New SMB Business Model
Jobs Data: Surge In Temp Workers Could Herald New SMB Business Model
February 05, 2021  |  Economy

A recovery is in sight – in the economy overall, and in jobs – but on the other side of the pandemic, the workforce may...

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China’s Didi Group-Buying Division Mulls $4 Billion Fundraising Move
China’s Didi Group-Buying Division Mulls $4 Billion Fundraising Move
February 05, 2021  |  International

Didi Chuxing, China’s ridesharing giant, is pondering a move to raise $4 billion to meet the surging demand for group-buying delivery services, Bloomberg reported on Friday...

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Growth And New Beginnings In Retail 
Growth And New Beginnings In Retail 
February 05, 2021  |  Today In Data

eBay concluded last year with a flourish, with results for its last quarter and full year exceeding expectations amid growth in its ranks of buyers. In retail...

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