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Chico’s FAS Plans To Shutter 250 Stores
Chico’s FAS Plans To Shutter 250 Stores
January 14, 2019  |  Retail

To find ways to reduce costs and optimize its business, Chico’s FAS plans to study its operations and cut back on its store footprint. The...

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FinTechs Want Access To Fed’s Payment Systems, Settlement Services
FinTechs Want Access To Fed’s Payment Systems, Settlement Services
January 14, 2019  |  Digital Banking

At a time when the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corp. are looking at giving federal bank licenses...

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Immersive Labs Lands $8M In Funding Led By Goldman Sachs
Immersive Labs Lands $8M In Funding Led By Goldman Sachs
January 14, 2019  |  Investments

Immersive Labs, the cybersecurity skills platform company, announced Monday (January 14) that Goldman Sachs led an $8 million investment round in the company. Get the...

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X-Border eCommerce Payments Now Come In Yuan
X-Border eCommerce Payments Now Come In Yuan
January 14, 2019  |  Cross Border Commerce

The New York branch of Bank of China will allow Chinese firms to get payment in yuan from eCommerce sales derived from their U.S. platforms, reported...

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Rising Interest Rates, Housing Prices Keep Millennials Renting
Rising Interest Rates, Housing Prices Keep Millennials Renting
January 14, 2019  |  Real Estate

Millennials are being shut out of the real estate market as rising home prices and interest rates are pushing homeownership out of the reach of...

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Lyft, Uber, Postmates Recruit Gov’t Workers
Lyft, Uber, Postmates Recruit Gov’t Workers
January 14, 2019  |  Personnel

Gig economy companies such as Lyft, DoorDash and Postmates are looking to hire federal workers during the government shutdown. Get the Full Story Complete the form...

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WeChat Eyes Video Streaming, Satellite Apps
WeChat Eyes Video Streaming, Satellite Apps
January 14, 2019  |  Mobile Applications

WeChat’s founder has revealed the company’s next moves as he admits that even the popular platform could potentially become obsolete. Get the Full Story Complete...

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Ant Invests $40M In Indonesia FinTech Akulaku
Ant Invests $40M In Indonesia FinTech Akulaku
January 14, 2019  |  Investments

Akulaku, a FinTech lending company, has received $40 million in funding from Ant Financial. Get the Full Story Complete the form to unlock this article...

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China Puts Visa, Mastercard Applications On Hold
China Puts Visa, Mastercard Applications On Hold
January 14, 2019  |  International

China’s central bank has yet to acknowledge applications submitted by Visa and Mastercard that would allow the companies to process renminbi payments. Citing sources familiar...

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