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Apple Will Pay Contracted Janitors And Bus Drivers During Shutdown
Apple Will Pay Contracted Janitors And Bus Drivers During Shutdown
March 31, 2020  |  Coronavirus

Contractors with Apple who work in janitorial, bus driving and other such fields will be paid during the coronavirus shutdown, in a reversal from the...

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Russia’s Ozon eCommerce Firm Nets $50M To Grow Logistics
Russia’s Ozon eCommerce Firm Nets $50M To Grow Logistics
March 31, 2020  |  Investments

San Francisco-based Princeville Capital has announced a $50 million investment in Russian online retailer Ozon, which is partly owned by the Russian-based conglomerate Sistema. Ozon,...

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Goldman Says Recovery Could Be The Fastest In History
Goldman Says Recovery Could Be The Fastest In History
March 31, 2020  |  Coronavirus

New Goldman Sachs projections on how the coronavirus pandemic will play out in the U.S. say unemployment will hit 15 percent — but there will be...

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Allset Notches $8.25M To Improve Restaurant Ordering Experience
Allset Notches $8.25M To Improve Restaurant Ordering Experience
March 31, 2020  |  Investments

Dining and takeout startup Allset has raised $8.25 million in a Series B funding round led by the European Bank for Reconstruction and Development (EBRD),...

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Coronavirus Triggers Furloughs For Over 1K Workers At Simon-Owned Malls
Coronavirus Triggers Furloughs For Over 1K Workers At Simon-Owned Malls
March 31, 2020  |  Retail

As social distancing and stay-at-home orders continue due to the escalating COVID-19 pandemic, Simon Property Group has furloughed about 30 percent of its workforce, or...

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Restaurants Cry Foul As Grubhub Makes Them Eat A $10 Off Deal
Restaurants Cry Foul As Grubhub Makes Them Eat A $10 Off Deal
March 31, 2020  |  Delivery

Days after Grubhub Inc. offered customers $10 off to support mobile food orders amid the coronavirus pandemic, restaurant owners are crying foul. Get the Full...

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PayPal Relaxes Fees, Response Rules For Merchants
PayPal Relaxes Fees, Response Rules For Merchants
March 31, 2020  |  Coronavirus

PayPal is relaxing some of its payment fees for small businesses due to the COVID-19 crisis – including allowing customers to defer repayments on business...

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China’s Purchasing Managers Index Rallies Amid Relaxed Controls
China’s Purchasing Managers Index Rallies Amid Relaxed Controls
March 31, 2020  |  International

As government bodies have eased controls to combat disease and let manufacturing facilities open again, manufacturing in China bounced back in March. The purchasing managers’...

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London’s Monzo CEO To Forgo Salary As Workers Face Furlough
London’s Monzo CEO To Forgo Salary As Workers Face Furlough
March 31, 2020  |  Coronavirus

The 34-year-old top executive of digital bank Monzo will give up his salary for a year, while senior staffers take a 25 percent pay cut....

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