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Dollar edges lower in thin trade, set for weekly loss

TOKYO (Reuters) - The dollar eased in thin trade on Friday and was set for weekly losses as investors sought non-dollar assets due to improving risk appetite stemming from good news on COVID-19 vaccines and hopes for a smoother transition to a Biden ...

Turkey central bank lifts lira by dumping another credit rule

ISTANBUL (Reuters) - Turkey's central bank scrapped a rule that had nudged banks to lend cheaply, lifting the lira on Friday with another step to simplify and tighten credit channels after hiking interest rates. FILE PHOTO: A man leaves Turkey's Central Bank ...

Some restaurants hate delivery apps like Grubhub and Uber Eats. So they're seeking out alternatives

CNN

CNN

New York (CNN Business) If you visit Motorino Pizza's website, you'll be greeted with a plea: Don't order through Seamless. "The worst thing that has ever happened to us is them," said Mathieu Palombino, owner of the small New York City-based pizza chain.

Pushed by Pandemic, Amazon Goes on a Hiring Spree Without Equal

The New York Times

The New York Times

SEATTLE — Amazon has embarked on an extraordinary hiring binge this year, vacuuming up an average of 1,400 new workers a day and solidifying its power as online shopping becomes more entrenched in the coronavirus pandemic. The hiring has taken ...

Progressives praise Yellen but could soon clash with Biden's Treasury pick

Politico

Politico

Progressive groups celebrated President-elect Joe Biden's choice of Janet Yellen for Treasury secretary, lauding her as an open-minded professional willing to take on Wall Street. But the party may not last. Activist groups are hopeful that their views will get a ...

Forbes

PPP Forgiveness: Apply Now Or Wait?

Forbes

You must apply for forgiveness within 10 months after the end of the 'Covered Period.' which is the 24-week period that starts when you received your PPP loan. The lender (i.e. your bank) has 2 months to process your loan forgiveness application then SBA has ...

Dow, S&P 500 on Track to End Week Near Record Highs

U.S. stock futures edged up Friday, signaling that markets will end the week on an upbeat note with major indexes near all-time highs. Futures tied to the Dow Jones Industrial Average edged up 0.2% ahead of a short trading session, with markets scheduled ...

Vista's Sheth Resigns Weeks After CEO Smith Settles Tax Probe

Vista Equity Partners co-founder Brian Sheth has departed the firm, confirming rumors about an impending split at the top of one of the most successful technology investment firms in private equity. Vista announced Mr. Sheth's resignation as president of the ...

For female economists, Janet Yellen's treasury secretary nomination marks another inspiring first

As word spread that Janet L. Yellen had been tapped to be the first female treasury secretary, Lisa Cook's mind raced from her days as a graduate student under Yellen's mentorship to the day Yellen was nominated as the first female leader of the Federal ...

Amazon's big holiday shopping advantage: An in-house shipping network swollen by pandemic-fueled growth

SEATTLE — When the economy sputtered with the coronavirus pandemic's spread this spring, unemployment surged as employers laid off workers by the thousands. Amazon took a different tack, hiring 400,000 workers to stow, sort, pick, pack and deliver ...