Fintech Magazine | Matt High | May 13, 2020 Amazon is unbundling financial services from every angle, according to a recent report by CB Insights The report, Everything You Need to Know About What Amazon is Doing in Financial Services, recognises Amazon’s building of a host of financial services products and tools in the areas
Airbus is drawing up plans for a restructuring involving the possibility of "deep" job cuts as it braces for a prolonged coronavirus crisis after furloughing thousands of workers, industry sources said.
Crowdfund Insider | JD Alois | May 12, 2020 This should come as no surprise but Q1 was horrible for VC-backed Fintechs as the Coronavirus pounded private capital markets and crash-landed the once robust market. According to CBInsights, the first quarter of 2020 was one of the worst quarters for Fintech funding in years. Investors
Deutsche Bank's regulators in the United States have criticised the German lender in an internal audit for weaknesses in fighting money laundering and in risk management, according to a German newspaper on Wednesday.
Amazon.com Inc said on Wednesday it would extend the temporary increase in its hourly pay and double the overtime pay through May 30, bringing its total salary cost for hourly employees to nearly $800 million.
Online retailer Amazon.com , criticized for not acting quickly enough to curb sellers who charged hundreds of dollars for high-demand hand sanitizer during the early phase of the new coronavirus pandemic, urged Congress on Wednesday to pass a law against price gouging during times of national emergency.
As the economy craters, here's a look at what cutting interest rates below zero would mean for everyday Americans.
Guest Post | May 13, 2020 Since the global financial crisis of 07/08, firms have had more and more stringent rules enforced upon them to ensure that such a catastrophe isn’t allowed to happen again. This increase in regulatory burden has gone a long way in keeping disasters at bay, but at the same time
Companies are rolling back their 401(k) matches. Here's what to do if you anticipate yours will.
Financial Post | Jake Edmiston | May 12, 2020 Iconic coffee chain will widen the space between tables and sanitize tables and chairs after each use Tim Hortons executives are meeting with franchisees this week to map out a return to normal, starting with reopening dining rooms as soon as provincial governments say it’s okay
Uber Technologies, Inc. on Wednesday said it will require drivers, delivery workers and riders globally to wear a mask as countries around the world begin easing restrictions aimed at curbing the spread of the coronavirus.
Tesla Inc and officials in California have resolved their acrimonious clash over safety procedures at the automaker’s sole U.S. assembly plant with a deal that allows production to resume as early as Monday, county officials said.
Green Entrepreneur | Chidike Samuelson | May 13, 2020 The cannabis industry has seen two major upward surges in the last 5 years, the first came with the national legalization of cannabis in Canada which was subsequently followed up by many states in the United States and the second has come during this COVID-19 pandemic.
Many public companies that tapped PPP have so far escaped scrutiny because they aren't household names. CNBC found 49 companies with a market capitalization of at least $100 million that hadn't disclosed plans to return the money as of May 12.
Bill Miller disagreed Wednesday with the assessment made by other major investors about the market's valuation being too high.