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Democrats, Republicans Feud Over Newest Stimulus Plan
Democrats, Republicans Feud Over Newest Stimulus Plan
July 28, 2020  |  Economy

Unlike the CARES Act, which passed Congress in March with bipartisan support to deliver $2 trillion in economic relief to the country, this time Republicans...

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Rocket Mortgage Parent Plans $3.3B IPO
Rocket Mortgage Parent Plans $3.3B IPO
July 28, 2020  |  IPO

Detroit-based Rocket Companies, which owns the Dan Gilbert-founded company Rocket Mortgage, is seeking an initial public offering (IPO) for $3.3 billion, Bloomberg reported. Get the...

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June Air Travel Volume Off 86 Pct From Last Year
June Air Travel Volume Off 86 Pct From Last Year
July 28, 2020  |  Travel Payments

The latest forecast from the International Air Transport Association (IATA) has airlines grappling with reduced demand until at least 2024 – and that’s the best-case...

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Hospitals Ask Congress To Forgive $100B In Medicare Loans
Hospitals Ask Congress To Forgive $100B In Medicare Loans
July 28, 2020  |  Healthcare

U.S. hospitals want Congress to forgive $100 billion in Medicare loans that were made earlier this year to help the healthcare system amid the coronavirus...

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NY Federal Judge Orders Unemployment Payouts For Uber, Lyft Drivers
NY Federal Judge Orders Unemployment Payouts For Uber, Lyft Drivers
July 28, 2020  |  Ridesharing

New Yorkers may soon see a lot of smiles on the faces of Uber and Lyft drivers following a judge’s ruling on Tuesday (July 28)...

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Apple’s App Store Commissions, Practices Called Into Question
Apple’s App Store Commissions, Practices Called Into Question
July 28, 2020  |  Apple

Capitol Hill lawmakers will likely have questions for Apple Inc. CEO Tim Cook when he appears before a House panel on Wednesday (July 29) amid...

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Mastercard Says It Will Bend To Win EU Approval For Nets Deal
Mastercard Says It Will Bend To Win EU Approval For Nets Deal
July 28, 2020  |  Mastercard

Mastercard Inc. is offering concessions in an effort to defuse the European Union’s antitrust concerns about its planned acquisition of Nets Group, the Scandinavian payment...

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Luxury Hotelier Eyes Private Clubs As New Business Model
Luxury Hotelier Eyes Private Clubs As New Business Model
July 28, 2020  |  Travel Payments

As the coronavirus devastates the hospitality industry, hotelier to the stars André Balazs is gearing up for his next act: private clubs. Get the Full...

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Tencent Eyes $2.1B Deal For Sogou Search Engine
Tencent Eyes $2.1B Deal For Sogou Search Engine
July 28, 2020  |  Partnerships / Acquisitions

Chinese tech giant Tencent has added longtime search ally Sogou to its shopping list. Get the Full Story Complete the form to unlock this article...

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