Grubhub Tells Uber No Deal But Negotiations Still At Play

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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FedEx Imposes Limits To Stem Flood Of Deliveries
FedEx Imposes Limits To Stem Flood Of Deliveries
May 14, 2020  |  Delivery

FedEx Corp. could be the first major delivery company to limit the number of items retailers can ship to protect its network from being overwhelmed...

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Job Losses Mount As New Unemployment Claims Hit Nearly 3M
Job Losses Mount As New Unemployment Claims Hit Nearly 3M
May 14, 2020  |  Economy

People are continuing to file for unemployment benefits as job losses continue to mount amid the coronavirus pandemic, which is upending the economy and everyday...

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Many Restaurant Groups Waiting For Vaccine Before Reopening Dining Rooms
Many Restaurant Groups Waiting For Vaccine Before Reopening Dining Rooms
May 14, 2020  |  Restaurant innovation

Union Square Hospitality Group founder and CEO Danny Meyer said he doesn’t see reopening the dining rooms of his 19 restaurants located across New York...

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Trend Talk: The Year Of Payments Infrastructure
Trend Talk: The Year Of Payments Infrastructure
May 13, 2020  |  Digital Payments

Digital transformation isn’t just a pricey lesson in technobabble. It’s about operationalizing the smartest, fastest tech now available to financial institutions (FIs) to create the...

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House Dems Propose $3 Trillion Relief Package
House Dems Propose $3 Trillion Relief Package
May 12, 2020  |  Economy

House Democrats unveiled a $3 trillion spending package for more coronavirus aid on Tuesday (May 12), including more money for individuals affected by the shutdown,...

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