Amid fallout from the coronavirus pandemic, J. Crew Group Inc. has become the first major retailer to file for bankruptcy with intentions to cede control of the company to lenders. The retailer made its filing in a federal court with a deal to remove debt of $1.65...
An unprecedented deluge of personally identifiable information (PII) is right now coursing between government agencies, financial institutions (FIs), individuals and business owners, as tens of millions apply for new CARES Act funding under the Payroll Protection Program (PPP), in the form of emergency Small Business...
What happened to the good old days of, like, two years ago? Back then, FinTechs asked for forgiveness instead of permission, rushing headlong into markets, disrupting them and operating in newly invented spheres of finance that regulators barely understood. The party always ends, however, and...
British financial institution Lloyds Bank is putting together a team to fight domestic financial abuse by offering help to victims, according to a report by Reuters. The new team will have special powers to help abuse victims, with a focus on people who have been...
July 17, 2020
Salesforce CEO Mark Benioff wants to see face masks become a universal part of American life — in the same way seatbelts are — to help beat the coronavirus, he said in a talk with CNN Business. His comments came as a growing number of prominent chains and businesses are adopting mandatory mask policies to […]
May 04, 2020
Amid fallout from the coronavirus pandemic, J. Crew Group Inc. has become the first major retailer to file for bankruptcy with intentions to cede control of the company to lenders. The retailer...
August 27, 2019
British financial institution Lloyds Bank is putting together a team to fight domestic financial abuse by offering help to victims, according to a report by Reuters. The new team will...
