Amazon Eyes JCPenney Buy
Amazon Eyes JCPenney Buy
May 18, 2020  |  Retail

Amazon could be in talks to acquire the bankrupt clothing retailer JCPenney, Fox Business reported Monday (May 19), citing Women’s Wear Daily (WWD). Get the...

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PayPal Brings In ‘Silver Tech’ Segment Amid Pandemic
PayPal Brings In ‘Silver Tech’ Segment Amid Pandemic
May 18, 2020  |  Digital Payments

As individuals throughout the country stay in their residences to avoid spreading the virus and cash is viewed as a germ risk, PayPal is bringing in...

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Safety First As LA Fitness, Other Gyms Plan Reopenings
Safety First As LA Fitness, Other Gyms Plan Reopenings
May 18, 2020  |  Retail

Georgia is the first state rolling out the gym mat to LA Fitness and other exercise facilities that were forced to close in March amid...

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IRS Stimulus Check Round 2, Will It Happen?
IRS Stimulus Check Round 2, Will It Happen?
May 18, 2020  |  Coronavirus

After a slightly rocky rollout, complaints that funds took a long time to arrive and that a few dead people got payouts they can’t really use, the first...

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SoftBank Posts $18B Loss As Jack Ma Exits Board
SoftBank Posts $18B Loss As Jack Ma Exits Board
May 18, 2020  |  Investments

Japanese multinational conglomerate SoftBank Group posted a record-breaking $18 billion operating loss right after Alibaba co-founder Jack Ma announced he was stepping down from the...

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Grubhub Tells Uber No Deal But Negotiations Still At Play
Grubhub Tells Uber No Deal But Negotiations Still At Play
May 18, 2020  |  Partnerships / Acquisitions

Uber’s Sunday (May 17) acquisition offer of 1.9 of its shares for each Grubhub share is not enough to close a deal, but discussions are...

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JCPenney Makes Debt Payment, But Still Risks Bankruptcy
JCPenney Makes Debt Payment, But Still Risks Bankruptcy
May 15, 2020  |  Retail

Struggling retailer JCPenney, which is reported close to seeking Chapter 11 bankruptcy protection, disclosed that it’s paid roughly $17 million in interest on a senior secured term loan credit...

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Goldman Looks For Bank Merger Partner
Goldman Looks For Bank Merger Partner
May 14, 2020  |  Partnerships / Acquisitions

Wells Fargo, PNC and U.S. Bancorp are the names on the shortlist of whom Goldman Sachs might approach for a merger deal amid declining earnings...

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Is The Mall Of America Really Ready To Reopen?
Is The Mall Of America Really Ready To Reopen?
May 14, 2020  |  Retail

As of the first of June, the nation’s largest mall — Minnesota’s Mall of America — is set to reopen its doors to the public,...

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