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Kohl’s Leans Into Digital During Pandemic Store Closures

Kohl’s Leans Into Digital During Pandemic Store Closures
Kohl’s Leans Into Digital During Pandemic Store Closures
May 19, 2020  |  Earnings

As it leaned into its digital businesses with its stores closed amid the pandemic, Kohl’s Corporation saw its digital sales rise 24 percent for the quarter...

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Mnuchin, Powell Testify CARES Is Working
Mnuchin, Powell Testify CARES Is Working
May 19, 2020  |  Economy

In a joint appearance before the Senate Banking Committee, Federal Reserve Board Chairman Jerome Powell and Treasury Secretary Steven Mnuchin praised the $2 trillion CARES...

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Jamie Dimon: Pandemic Is ‘Wake-Up Call’ For Inclusive Recovery
Jamie Dimon: Pandemic Is ‘Wake-Up Call’ For Inclusive Recovery
May 19, 2020  |  Economy

Jamie Dimon, CEO of JPMorgan Chase, said in a memo that the coronavirus pandemic has revealed weaknesses that require a bipartisan approach to correction. The...

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What Walmart’s Earnings Are Teaching The World About The New American Consumer
What Walmart’s Earnings Are Teaching The World About The New American Consumer
May 19, 2020  |  Earnings

When the going gets tough, the tough go to Walmart. That’s one of the main takeaways to come out of Walmart’s first-quarter earnings release Tuesday (May...

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Warren Calls For Prosecution Of Bailout Program Fraudsters
Warren Calls For Prosecution Of Bailout Program Fraudsters
May 19, 2020  |  Legal & Regulation

U.S. Sen. Elizabeth Warren (D-Mass.) wants the Federal Reserve Bank to draw up stringent regulations for corporate recipients of U.S. bailout funds – and to...

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More PPP Forgiveness Guidelines Unveiled, But Clarity Remains Elusive
More PPP Forgiveness Guidelines Unveiled, But Clarity Remains Elusive
May 19, 2020  |  Loans

It’s no secret that the federal Paycheck Protection Program (PPP) has had a rocky few weeks since initially launching in early April. Get the Full...

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Brex Notches $150M To Advance Expense Management Tools
Brex Notches $150M To Advance Expense Management Tools
May 19, 2020  |  Investments

FinTech startup unicorn Brex has closed a $150 million funding round led by previous investor DST and new investor Lone Pine Capital, Brex said in...

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Kasikornbank To Offer Nium’s FinTech Payments Platform
Kasikornbank To Offer Nium’s FinTech Payments Platform
May 19, 2020  |  Cross-border Payments

FinTech payments platform Nium, based in Singapore, is expanding its global reach to service Kasikornbank’s Asia-Pacific customers in Indonesia, Korea, Malaysia, the Philippines and Vietnam. Get the...

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