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Will ‘Zombie Companies’ Eat The US Economy?

Will ‘Zombie Companies’ Eat The US Economy?
Will ‘Zombie Companies’ Eat The US Economy?
June 16, 2020  |  Economy

You know the setup — the one that’s part of seemingly every horror movie ever made. Would-be victims use their wits to outrun hordes of...

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Powell: US Faces Long-Term Damage As Downturn Persists
Powell: US Faces Long-Term Damage As Downturn Persists
June 16, 2020  |  Economy

Federal Reserve Chair Jerome Powell said Tuesday (June 16) that the economy under the pandemic has continued to cause pain to American citizens despite the appearance...

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US House Weighs Response As Cyberattacks Against FIs Jump 238 Pct
US House Weighs Response As Cyberattacks Against FIs Jump 238 Pct
June 16, 2020  |  Cybersecurity

Cyberattacks against the financial industry have jumped by 238 percent in just the first five months of the year, VMware, Inc. Head of Cybersecurity Strategy...

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Coronavirus Refunds: St. Louis Cardinals To Offer Reimbursements For Impacted Busch Stadium Games
Coronavirus Refunds: St. Louis Cardinals To Offer Reimbursements For Impacted Busch Stadium Games
June 16, 2020  |  Economy

As the coronavirus pandemic continues to disrupt everyday life the world over, many consumers want refunds on things they paid for but aren’t able to...

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Remitr Launches Global Business Accounts For SMBs In Canada
Remitr Launches Global Business Accounts For SMBs In Canada
June 16, 2020  |  B2B Payments

Toronto’s Remitr, which works in business payments, has launched a new solution for setting up international payments in a quicker, more efficient manner, according to...

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Expensify Unveils Concierge Travel With Pandemic Safety Resources
Expensify Unveils Concierge Travel With Pandemic Safety Resources
June 16, 2020  |  B2B Payments

To provide pandemic-related security functions and rescue services for corporate travelers, Expensify unveiled its Concierge Travel virtual travel assistant, according to a press release. Get...

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House Investigates Bank Procedures For PPP Loan Processing
House Investigates Bank Procedures For PPP Loan Processing
June 16, 2020  |  B2B Payments

A U.S. House panel is investigating if multiple banks gave preferential treatment to large, well-funded firms compared to companies in minority or isolated areas when...

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Hilton To Cut 2,100 Employees Due To Pandemic
Hilton To Cut 2,100 Employees Due To Pandemic
June 16, 2020  |  Economy

With the hospitality industry slammed by the COVID-19 crisis, Hilton Worldwide Holdings said it planned to cut about 22 percent of its corporate workforce globally,...

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