Uber Looks For New Roads To Revenue As Layoffs Hit
Uber Looks For New Roads To Revenue As Layoffs Hit
May 06, 2020  |  Ridesharing

Silicon Valley rideshare giant Uber is reducing its workforce by roughly 14 percent — about 3,700 people — as the coronavirus pandemic and stay-home mandates...

READ MORE >
Trump Says Task Force Will Pivot To Reopening Country, But Consumers Still Worried About Health
Trump Says Task Force Will Pivot To Reopening Country, But Consumers Still Worried About Health
May 06, 2020  |  Economy

President Trump announced on Wednesday (May 6), in a series of tweets, that his COVID-19 task force would actually continue its work, but that it...

READ MORE >
Two Men Charged In First US Case Of PPP Stimulus Fraud
Two Men Charged In First US Case Of PPP Stimulus Fraud
May 06, 2020  |  Security & Fraud

Two men were charged in Rhode Island with fraudulently seeking loans through the Paycheck Protection Program (PPP), the U.S. Department of Justice said in a...

READ MORE >
Federal, State Investigators Question Wells Fargo Over PPP Loans
Federal, State Investigators Question Wells Fargo Over PPP Loans
May 06, 2020  |  Security & Fraud

Federal and state officials are investigating Wells Fargo regarding the bank’s management of Paycheck Protection Program (PPP) loans. Get the Full Story Complete the form...

READ MORE >
Impossible Foods CFO On The Shift To Grocery And Clearing The Meat Lover’s Bar
Impossible Foods CFO On The Shift To Grocery And Clearing The Meat Lover’s Bar
May 06, 2020  |  Retail

The Impossible Burger has had an expansive year — making inroads at restaurants like Burger King with the Impossible Whopper and its debut on grocery shelves last fall. But...

READ MORE >
Frontier To Allow Passengers To Purchase Extra Space On Planes
Frontier To Allow Passengers To Purchase Extra Space On Planes
May 05, 2020  |  Travel Payments

As the world steadily inches toward reopening after several months of coronavirus-related lockdowns, Frontier Airlines will give people the option to pay extra to leave...

READ MORE >
PPP Loan Program’s Flaw: It Pays To Be Jobless
PPP Loan Program’s Flaw: It Pays To Be Jobless
May 05, 2020  |  SMBs

The $2.2 trillion CARES Act passed by Congress last month brought good news for the unemployed workers and small businesses. Get the Full Story Complete...

READ MORE >
JCPenney Seeks Court Order To Keep Sephora In Stores
JCPenney Seeks Court Order To Keep Sephora In Stores
May 05, 2020  |  Retail

JCPenney has filed a temporary restraining order against beauty firm Sephora to stop it from departing Penney’s stores that are currently closed but in the...

READ MORE >
Revolut Eyes Consolidation, Looks To Buy Distressed Rivals
Revolut Eyes Consolidation, Looks To Buy Distressed Rivals
May 05, 2020  |  Digital Banking

London-based FinTech Revolut is planning to tap the $500 million it got from investors to acquire competing technology firms suffering from the impact of the...

READ MORE >