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pandemic
A pandemic is a disease outbreak that spreads across countries or continents. It affects more people and takes more lives than an epidemic.
(source: webmd.com)
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RetailRents Drop In Top NYC Shopping Districts Amid Pandemic
The most high-end shopping areas in the United States are seeing tenants depart, and rents are dropping at a time when COVID-19...
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Cross-border PaymentsGlobal Remittances May Fall By $109B In 2020
If it takes a year to contain the COVID-19 pandemic and reopen economies, global payments could fall by as much as $108.6...
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Social CommercePinterest Stock Jumps 37 Pct On Renewed Advertiser, User Interest
Users and advertisers are coming back to Pinterest, resulting in an upswing in sales for the social media company, Bloomberg reported. With...
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LoansRubio: Revamped PPP, SMB Loan Programs Aim To Smooth Out ‘Uneven Recovery’
Senator Marco Rubio of Florida, who spearheaded the landmark Paycheck Protection Program (PPP) to help small businesses survive the coronavirus pandemic, now...
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BitcoinBitcoin Daily: Bitcoin Price Rises Above $12K For 30 Minutes; Colorado Lottery Partners With Chainlink For Contest
Bitcoin had a turbulent weekend, rising to $12,112 in value just after midnight on Sunday (Aug. 2), and then falling to $10,638...
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DebtConsumers Use Stimulus Money To Pay Down Credit Card Debt
With one in five workers collecting jobless benefits thanks to the pandemic, banks braced for increased credit card debt and delinquencies as...
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EarningsBig US Corporations Exceed Earnings Predictions During Economic Low Point
Numerous U.S. companies are defying analysts’ predictions for a slow quarter, according to Reuters. Though the quarter is still expected to be...
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CoronavirusCoronavirus Refunds: LSU Provides Reimbursement, Rollover Options For Season Tickets
As the pandemic continues to disrupt everyday life the world over, consumers in many cases might want refunds on things they have...
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EarningsAmazon Crushes Earnings As Online Grocery Sales And Prime Viewership Soar
To say that Amazon posted a good quarter on Thursday (July 30) is a bit like saying Michael Jordan had a good career....
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CoronavirusCoronavirus Refunds: Ohio State Buckeyes To Refund Ticket Holders
As the pandemic continues to disrupt everyday life the world over, consumers in many cases might want refunds on things they have...
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Economy40M Americans Could Be Evicted Due To Pandemic
With the pandemic still ongoing, as many as 40 million Americans may end up losing their homes, according to CNBC. That number...
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CoronavirusUnited Chatbot To Help Ease COVID Concerns Among Jittery Passengers
Getting ready to fly and fretting, as the coronavirus rages on, about how safe the air inside the plane will be? Wondering...
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EconomyUS GDP Falls By A Record 32.9 Pct
There was more bad news Thursday (July 30) as the U.S. economy experienced its worst hit since the Great Depression in the...
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EarningsBlue Apron Earnings Buoyed By At-Home Meals Trend
Blue Apron Holdings Inc., the meal kit delivery service, reported second-quarter (Q2) net income of $1.1 million after reporting a $7.7 million...
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CoronavirusCoronavirus Refunds: Norwegian Cruise Line To Provide Travelers With Credits, Reimbursements
As the coronavirus pandemic continues to disrupt everyday life the world over, many consumers want compensation for things they paid for but aren’t able...
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RetailPeace Coffee Perfectly Times Its Pandemic-Fueled Growth
The retail news is full of companies that have made brilliant and sometimes dramatic pivots to catch up with the shift to...
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VISAVisa Sees Gains In Online and Contactless Transactions In Q2
Visa reported Tuesday (July 28) that its second-quarter results suffered from plummeting consumer spending amid COVID-19, although the pandemic did boost online...
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HealthcareHospitals Ask Congress To Forgive $100B In Medicare Loans
U.S. hospitals want Congress to forgive $100 billion in Medicare loans that were made earlier this year to help the healthcare system...
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EconomyConsumer Confidence Points To Rough Retail Holiday Season
A new spate of data show consumer confidence might be on shaky ground — even as we head into the all-important holiday...
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CoronavirusCoronavirus Refunds: UNC To Offer Reimbursements, Credits, Contribution Options For Season Tickets
As the pandemic continues to disrupt everyday life the world over, consumers in many cases might want refunds on things they have...
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EarningsMcDonald’s Q2 Revenues Fall By Nearly One-Third
McDonald’s said on Tuesday (July 28) that its revenue fell 30 percent for the second quarter of 2020 compared to the same...
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Payments InnovationDigital Commerce: You Can’t Touch This
“The opportunity to educate on digital banking and payments, and the opportunity to fully enable touchless commerce, is greater than it has...
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RetailGear Shift: Cars.com Details Digital 3.0 Transition
The transition to digital car buying has been in motion since the beginning of the pandemic. Now one of the industry pioneers...
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RetailTailored Brands Might Seek Bankruptcy In Q3
Men’s Wearhouse owner Tailored Brands might seek bankruptcy in the third quarter of its fiscal year, according to a 10-Q regulatory filing...
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CoronavirusNFL Set To Penalize Players For Taking Unnecessary COVID-19 Risks
NFL teams pay athletes millions of dollars a year to risk crushing hits from 285-pound defensive tackles, but under a new policy,...
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EconomyAmerica’s Work-From-Home Transition Will Have Many Economic Ripples
About 14 percent of U.S. employees worked remotely before the COVID-19 pandemic, according to Bureau of Labor statistics. And while official figures have...
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EarningsAlbertsons’ Online Sales Surge 276 Pct Amid Pandemic
Digital commerce has skyrocketed at Albertsons, as the supermarket giant posted a triple-digit increase in online sales for its most recent quarter...
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DeliveryAmazon Donates Delivery Services To Help Feed Those In Need
Amazon said on Monday (July 27) that helping to feed America’s needy during the pandemic by donating delivery services is part of...
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RetailRetail Rental Payments Make Comeback
Retailers are starting to pay the rent. A new report from the National Association of Real Estate Investment Trusts (NAREIT) shows that...
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EconomyPoll: Economists Predict Two-Plus Years For US Economy To Recover
As lockdowns resume in many U.S. states from a surge in coronavirus cases, a poll suggests the economic recovery has slowed. In...
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RetailShellfish Industry Turns To DTC To Boost Profits
As the U.S. shellfish industry was headed into 2020, the big concern was climate change. People who made their living in the...
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RetailUK Retail Spending Back To Near Pre-Lockdown Levels
Britain’s stores have become the envy of the retail world. Reuters reports retail sales returned to near pre-COVID-19 lockdown levels last month...
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CoronavirusCoronavirus Refunds: Princess Cruises To Offer Credit With Bonus, Reimbursements For Canceled Cruises
As the coronavirus pandemic continues to disrupt everyday life the world over, many consumers want compensation for things they paid for but aren’t able...
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Partnerships / AcquisitionsAirbnb Offered A Novel Way To Go Public
Airbnb Inc. has been offered a unique opportunity to go public. Brian Chesky, CEO of the San Francisco-based vacation rental online marketplace,...
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EconomyGOP Mulls Reduced Unemployment Benefit
The GOP is considering a reduced level of extra unemployment benefits through the end of the year, with only $100 extra per...
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EconomyIRS Has Recovered 70 Pct Of Stimulus Checks Sent To The Dead
The Internal Revenue Service (IRS) and the Treasury Department have collected around 70 percent of the $1.6 billion they sent to deceased...
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CoronavirusEmbracing Change In The Wake Of A Pandemic
“The need for frictionless experiences for things like accessing cash flow statements and predictions, optimizing payments and payroll, and loan origination is...
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RetailBack-to-School Retail Meets Digital 3.0 FIT Framework
The retail industry is facing its first sales event of the pandemic with the coming of back-to-school sales. And while some of...
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Coronavirus31 States On New York Tri-State Quarantine List
New York Gov. Andrew Cuomo isn’t playing around when it comes to containing the coronavirus, as his suspensions of liquor licenses and...
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MobileNokia Launches Private 5G For Businesses
Industrial clients of Nokia will now have access to industrial-grade 5G standalone (SA) private wireless network solutions, according to a press release....
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Payment MethodsDepression-Era Wooden Money Makes Comeback In Small Town
A small town in Washington is reviving a tradition last used in the Great Depression to help families hard-hit by the coronavirus...
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CoronavirusCoronavirus Refunds: BottleRock Napa Valley 2020 Ticket Holders To Get Reimbursement, Rollover Options
As the pandemic continues to disrupt everyday life the world over, many consumers are seeking refunds on things they have already paid...
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CoronavirusCoronavirus Refunds: AAA Southern California Plans To Reimburse $59M In Premiums
As the pandemic continues to disrupt everyday life the world over, many consumers want refunds on things they paid for but aren’t...
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CoronavirusBusiness Schools Reshape Courses, Teaching Methods Amid Pandemic
Business schools are working quickly to change their curriculums and fashion their research to handle the call for new techniques and knowledge...
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RetailPersona Marketing Finds Its Place In Pandemic Retailing
With more companies trying to catch up to Digital 3.0, the issue of audience identification becomes critical. Pre-pandemic versions of traditional customer...
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Payments InnovationWhat A 90-Year-Old Essay Tells Us About 2020’s Great Digital Shift
“We are suffering just now from a bad attack of economic pessimism.” That is the first sentence of a roughly 4,000-word essay...
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BitcoinBitcoin Daily: US DOJ Wants To Hire Crypto Lawyer To Fight Cybercrimes; Centra Tech Co-Founder Pleads In ICO Fraud Case
Sohrab Sharma, the third co-founder of Centra Tech, has pled guilty to an initial coin offering fraud, according to CoinDesk. Sharma’s confession...
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Internet of ThingsRoad Tech That Can Alert Drivers To Hazards, Congestion In Testing
Utah officials estimate that new vehicle-to-everything, or V2X, technology could reduce the severity of traffic crashes by 80 percent, the Wall Street...
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BankingIndia’s Central Bank Warns Of Banking Crisis
Rajnish Kumar, chairman of the State Bank of India, the country’s largest lender, said the resurgence of the coronavirus jeopardizes reform of...
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CoronavirusCoronavirus Refunds: Hall & Oates Cincinnati Concertgoers To Get Reimbursement, Carryover Option
As the pandemic continues to disrupt everyday life the world over, many consumers are seeking refunds on things they have already paid...
