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LVMH Eyes Ways To Change $16.2B Tiffany & Co Purchase
LVMH Eyes Ways To Change $16.2B Tiffany & Co Purchase
June 03, 2020  |  Retail

LVMH is considering walking back its deal to purchase Tiffany & Co. for $16.2 billion due to the effects the pandemic and recent U.S. social...

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Will Nevada Face The Pandemic’s Greatest And Most Sustained Impact?
Will Nevada Face The Pandemic’s Greatest And Most Sustained Impact?
June 03, 2020  |  Coronavirus

The pandemic has impacted Nevada’s labor force more than any other state in the country, and it could continue to disrupt the Las Vegas economy years...

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‘Travel Bubbles’ Key To Getting Consumers To Travel Cross Border
‘Travel Bubbles’ Key To Getting Consumers To Travel Cross Border
June 03, 2020  |  Travel Payments

The summer travel season is upon the Northern Hemisphere, and while many consumers would normally be setting their sights on visiting new lands, international travel...

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Monzo To Cut 120 Jobs Due To Pandemic Fallout
Monzo To Cut 120 Jobs Due To Pandemic Fallout
June 03, 2020  |  Banking

U.K. digital bank Monzo will cut 120 jobs due to the impact of the coronavirus, Reuters reports. Get the Full Story Complete the form to...

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Should Las Vegas Bet On Consumers Returning to Casinos?
Should Las Vegas Bet On Consumers Returning to Casinos?
June 03, 2020  |  Coronavirus

Las Vegas casinos shut their doors in mid-March in response to the COVID-19 pandemic, sending Nevada’s unemployment rate to a worst-in-the-nation 28.2 percent (nearly twice...

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Retailer New York & Co. Will Likely File For Bankruptcy
Retailer New York & Co. Will Likely File For Bankruptcy
June 03, 2020  |  Retail

The parent company of New York & Co., the wear-to-work retailer for women, warned it may file for Chapter 11 bankruptcy protection as the nationwide...

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Two Republican Senators Hold Up PPP Amendment Bill
Two Republican Senators Hold Up PPP Amendment Bill
June 03, 2020  |  Loans

Two Republican Senators are holding up a bill that would extend the end date of the Paycheck Protection Program (PPP) from August until December, Roll...

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Two Banking Groups Call For Automatic PPP Loan Forgiveness
Two Banking Groups Call For Automatic PPP Loan Forgiveness
June 03, 2020  |  Loans

The Consumer Bankers Association and Bank Policy Institute, in a co-signed letter, have called on Congress to automatically forgive Paycheck Protection Program (PPP) loans under $150,000....

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UK Reinstates IBM, BT To Prompt Payment Code
UK Reinstates IBM, BT To Prompt Payment Code
June 03, 2020  |  B2B Payments

After bolstering their supply chain payment practices, five companies that were suspended from the Prompt Payment Code (PPC) in the past have been reinstated. Screwfix,...

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