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Cancellations, Longer Terms Could Take Out British Clothing Suppliers
Cancellations, Longer Terms Could Take Out British Clothing Suppliers
April 07, 2020  |  Retail

As merchants call off orders and lengthen payment terms amid the COVID-19 pandemic, fashion industry suppliers in Britain are cautioning that they could be taken...

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Macy’s CFO To Leave, External Search Underway For Replacement
Macy’s CFO To Leave, External Search Underway For Replacement
April 07, 2020  |  Retail

With a transition on its management team underway, Macy’s announced that Executive Vice President and Chief Financial Officer Paula Price will be departing the company...

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PSCU Adds New Digital Xperience Features For Mobile Users
PSCU Adds New Digital Xperience Features For Mobile Users
April 07, 2020  |  Credit Unions

PSCU, a credit union service organization (CUSO), will be expanding its services this year with more options for mobile users like a new online card...

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SBA Computer System Crash Further Tangles PPP Loan Process
SBA Computer System Crash Further Tangles PPP Loan Process
April 07, 2020  |  Loans

The Paycheck Protection Program (PPP) introduced April 3 is experiencing more setbacks as the Small Business Administration (SBA) works to solve computer system problems, according...

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Update: Zoox Lays Off Backup Drivers To Its Autonomous Vehicles; Pelonton Halts Live Classes, To Close Studios; Pier 1 Asks Judge To Skip Rent; Austria Looks To Reopen Some Shops
Update: Zoox Lays Off Backup Drivers To Its Autonomous Vehicles; Pelonton Halts Live Classes, To...
April 07, 2020  |  Coronavirus

Companies are taking steps to combat COVID-19 in the United States, while one government in Europe is aiming to reopen businesses. Here are the latest...

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Fed Plans New Facility For SMB PPP Loans
Fed Plans New Facility For SMB PPP Loans
April 07, 2020  |  Loans

The Federal Reserve is collaborating with the Treasury Department to develop a new facility to help small and medium-sized businesses (SMBs) stay afloat as the...

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Airbnb Gets $1B To Bolster Its Host Network
Airbnb Gets $1B To Bolster Its Host Network
April 06, 2020  |  Investments

Airbnb will be getting a leg up financially in the form of help from investors Silver Lake and Sixth Street Partners, who will funnel $1...

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Wells Fargo Says Lift Asset Cap To Helps SMBs
Wells Fargo Says Lift Asset Cap To Helps SMBs
April 06, 2020  |  Loans

Wells Fargo said it wants to help more with the federal government’s programs to disburse $350 billion in loans via the Paycheck Protection Program (PPP). But...

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Bitcoin Daily: Investors Hit Crypto Firms With Class-Action Lawsuit; South Korea Fast Tracks Digital Currency Pilot
Bitcoin Daily: Investors Hit Crypto Firms With Class-Action Lawsuit; South Korea Fast Tracks Digital Currency...
April 06, 2020  |  Bitcoin

Eleven class-action lawsuits targeting crypto exchanges and cryptocurrency issuers were filed Friday (April 4) in Manhattan’s U.S. District Court. Get the Full Story Complete the...

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