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Postal Service issues have affected Netflix and Amazon

[MarketWatch] Netflix’s DVD-by-mail business, which still had more than 2 million subscribers at the end of last year, and Amazon’s e-commerce deliveries have faced some isolated delivery issues, sources say Issues at the U.S. Postal Service have created concerns about the November elections, but they have already caused headaches for […]

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American initial jobless claims rocket above 1 million again

New York (CNN Business) Another 1.1 million Americans filed initial claims for unemployment benefits on a seasonally adjusted basis last week, dashing economists’ hopes for a second-straight week with fewer than 1 million claims. Economists were optimistic that the US jobs market would be on a steady trajectory toward recovery. […]

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Why It’s Time to Pay Attention to Mexico’s Booming Crypto Market

[Coindesk] Luis Sosa, 39, the creative director at a startup in Mexico City, watched with skepticism as his friends invested in bitcoin a decade ago. Even after they made good on their investments, Sosa kept his distance.  Now, his attitude toward crypto is changing, but not for the reasons you’d think.  “With the increasingly […]

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Amazon reportedly wants to take over JCPenney and Sears stores to turn malls into giant fulfillment centers

[Business Insider] Amazon is in talks with the biggest mall owner in the US to take over retail space and turn them into giant Amazon fulfillment centers, The Wall Street Journal reported Sunday. The deal could involve Amazon taking over spaces formerly occupied by Sears and JCPenney, both of which have filed […]

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PPP ending with $138B left over. What happens to the money now?

[FOX NEWS] There’s a fear that once PPP money fades, small businesses could see a wave of layoffs Sen. Kevin Cramer, R-N.D., outlines his Paycheck Protection Program bill and how it would help small businesses during coronavirus. A relief program that threw a critical lifeline to small businesses during the coronavirus pandemic is set to expire Saturday with […]

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