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Pandemic Relief Oversight Bodies Not Yet Fully Functional
Pandemic Relief Oversight Bodies Not Yet Fully Functional
June 17, 2020  |  Coronavirus

Three U.S. pandemic relief oversight boards haven’t completely started their work, even though the country has spent over 50 percent of economic rescue funds Congress...

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Home Construction Rebounds In May, But Trouble Lingers
Home Construction Rebounds In May, But Trouble Lingers
June 17, 2020  |  Economy

For the first time since U.S. home construction collapsed in March, the sector rebounded in May after steep declines caused by COVID-19 shutdowns, according to...

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Kroger Earnings Expected To Show Benefit Of Digital Shift
Kroger Earnings Expected To Show Benefit Of Digital Shift
June 17, 2020  |  Retail

Kroger is expected to post better than expected earnings tomorrow on both sides of the grocery aisle — offline and digital. Analysts expect the company...

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Facebook Deal With Jio Faces Antitrust Scrutiny In India
Facebook Deal With Jio Faces Antitrust Scrutiny In India
June 17, 2020  |  Facebook

The Competition Commission of India (CCI), the nation’s antitrust police, is investigating Facebook Inc.’s purchase of a 10 percent stake in Reliance Jio Infocomm Ltd.’s...

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Hiscox Teams With Thimble For Short-Duration Business Insurance
Hiscox Teams With Thimble For Short-Duration Business Insurance
June 17, 2020  |  B2B Payments

To provide business insurance plans for companies on a monthly, daily or hourly basis, small business insurer Hiscox has teamed with Thimble, according to an...

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FCA Fines Commerzbank London $47.5 Million For AML Failings
FCA Fines Commerzbank London $47.5 Million For AML Failings
June 17, 2020  |  Bank Regulation

Germany’s Commerzbank London has agreed to pay a fine of £37,805,400 — about $47.45 million — “for failing to put adequate anti-money laundering (AML) systems...

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Uber Inks First Deal To Manage Public Transit
Uber Inks First Deal To Manage Public Transit
June 17, 2020  |  Ridesharing

With ridesharing having taken a hit from the pandemic, Uber is pushing into a new sector: public transportation. Get the Full Story Complete the form...

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Today In Payments: Jobless Americans Can’t Afford Doctor Visits; Powell Says US Faces Long-Term Economic Damage
Today In Payments: Jobless Americans Can’t Afford Doctor Visits; Powell Says US Faces Long-Term Economic...
June 17, 2020  |  News

In today’s top news, many jobless Americans can’t afford to seek medical care, and the Fed’s Jerome Powell said the economy is far from a...

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