Peace Coffee Perfectly Times Its Pandemic-Fueled Growth
Peace Coffee Perfectly Times Its Pandemic-Fueled Growth
July 29, 2020  |  Retail

The retail news is full of companies that have made brilliant and sometimes dramatic pivots to catch up with the shift to Digital 3.0. But...

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Report: ByteDance Investors Might Take Over TikTok At A $50B Valuation
Report: ByteDance Investors Might Take Over TikTok At A $50B Valuation
July 29, 2020  |  International

A group of investors with a stake in TikTok’s parent company, ByteDance, are maneuvering to take over the controversial social-media app, valuing it at roughly...

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eBay CEO Shares Growth Plan As Company Profits From Digital Shift
eBay CEO Shares Growth Plan As Company Profits From Digital Shift
July 28, 2020  |  Earnings

The newly stripped-down eBay held its first earnings call on Tuesday (July 28) since announcing plans to sell its classified-ad business to Adevinta for $9.2...

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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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Average Age Of US Vehicles Nears 12 Years
Average Age Of US Vehicles Nears 12 Years
July 28, 2020  |  Retail

Americans seem to be holding onto their cars for longer periods of time. Research from IHS Markit shows that the average age of “light vehicles” in...

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McDonald’s Q2 Revenues Fall By Nearly One-Third
McDonald’s Q2 Revenues Fall By Nearly One-Third
July 28, 2020  |  Earnings

McDonald’s said on Tuesday (July 28) that its revenue fell 30 percent for the second quarter of 2020 compared to the same period in 2019, according...

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America’s Work-From-Home Transition Will Have Many Economic Ripples
America’s Work-From-Home Transition Will Have Many Economic Ripples
July 27, 2020  |  Economy

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 yet to be...

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Walgreens’ Pessina To Exit CEO Role; Will Move To Executive Chairman
Walgreens’ Pessina To Exit CEO Role; Will Move To Executive Chairman
July 27, 2020  |  Retail

Walgreens Boots Alliance Inc. CEO Stefano Pessina is stepping down, the company announced on Monday (July 27). Get the Full Story Complete the form to...

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Synchrony CEO Warns Of US Credit Card Default Crisis
Synchrony CEO Warns Of US Credit Card Default Crisis
July 27, 2020  |  Debt

Two leading executives in the store credit card industry said they are nervous that when the federal $600-a-week bump for recipients of state unemployment benefits...

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