Editor’s Picks

SBA Says Large Firms ‘Unlikely’ To Get Next Round Of PPP

SBA Says Large Firms ‘Unlikely’ To Get Next Round Of PPP
SBA Says Large Firms ‘Unlikely’ To Get Next Round Of PPP
April 23, 2020  |  Economy

The Small Business Administration (SBA) has issued new rules it says will make it unlikely that publicly traded companies will receive money from the next...

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Indonesia’s Gojek Closes $130M Deal For POS Startup Moka
Indonesia’s Gojek Closes $130M Deal For POS Startup Moka
April 23, 2020  |  Partnerships

On-demand ride-hailing startup Gojek – Indonesia’s most successful unicorn – has purchased the point-of-sale (POS) and payments aggregator Moka for about $130 million. The acquisition...

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Stripe Rolls Out Major Updates To Core Payments Platform
Stripe Rolls Out Major Updates To Core Payments Platform
April 23, 2020  |  Digital Payments

Stripe, the San Francisco digital payment platform popular with Shopify, Instacart and other major online retailers, announced major updates to its software on Thursday (April...

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Educational-Toy Company Learning Resources Pivots Into Content
Educational-Toy Company Learning Resources Pivots Into Content
April 23, 2020  |  Retail

For the past 25 years, parents have known Learning Resources as the company that makes those toy cash registers. And in today’s work-at-home world, parents...

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Gap Halts Rent Payments On Temporarily Closed Stores
Gap Halts Rent Payments On Temporarily Closed Stores
April 23, 2020  |  Retail

As its retail locations are closed due to the COVID-19 pandemic, Gap cautioned on Thursday (April 23) that it might not have enough cash to...

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Another 4.4M Americans File Unemployment Claims
Another 4.4M Americans File Unemployment Claims
April 23, 2020  |  Economy

The coronavirus pandemic continues to rock the country, as another 4.43 million Americans applied for unemployment benefits in the week ending April 18, the U.S....

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Hobbled By Hackers And COVID-19, Travelex Goes Up For Sale
Hobbled By Hackers And COVID-19, Travelex Goes Up For Sale
April 22, 2020  |  Business

Travelex, the British foreign exchange company, is seeking a buyer, the Financial Times (FT) reported. Get the Full Story Complete the form to unlock this...

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Shift To Digital Could Force 100,000 Retailers To Shutter By 2025
Shift To Digital Could Force 100,000 Retailers To Shutter By 2025
April 22, 2020  |  Retail

A study by analysts at UBS found that 100,000 U.S. retail stores could close by 2025, a number the coronavirus pandemic has sped along, according to a...

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