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Massachusetts Reopens Its Dining Rooms

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Restaurant dining rooms in Massachusetts reopened on Monday (June 22), after being shuttered for three months. We are making the progress we’re making because of the actions that people here in Massachusetts are taking every day,” Baker said at his daily press conference on Friday (June 19). “We

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Robinhood May Sell Shares Directly To Users If It IPOs

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Bloomberg notes that such an offering would be unusual, as retail investors generally do not get an opportunity to participate in an IPO at the offering price. Having retail investors buy shares ahead of the opening could also limit the size of the rally of the stock on its first day of trading.

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Local Governments Move In On Retail Vacancies

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It was supposed to be a thriving retail center in Milwaukee when it was built seven years ago. It’s one approach to a growing retail vacancy issue that local governments are getting more aggressive in trying to solve. Backers of the tax position it as a solution to the increasing amount of empty retail space in the city.

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Mnuchin: US Should Examine Amazon’s Retail Practices 

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I think if you look at Amazon, although there are certain benefits to it, they’ve destroyed the retail industry across the United States so there’s no question they’ve limited competition,” Mnuchin told CNBC. Senator Elizabeth Warren of Massachusetts said earlier in 2019 that large tech firms like Facebook and Amazon should be broken up.

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MA Vape Sales Ban Triggers Retailer Lawsuits

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The state of Massachusetts is facing a lawsuit over a new temporary ban on vaping product sales. Behram Agha, one of the plaintiffs in the federal lawsuit, owns four vape shops in Massachusetts, all of which are now closed. The Vapor Technology Association also plans to sue Massachusetts, Executive Director Tony Abboud said.

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Today In Payments: GoCardless Raises $95 Million; BarkBox To Go Public Via SPAC At $1.6 Billion Valuation

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Massachusetts Suing Robinhood, Alleging Failure To Protect Investors. Massachusetts regulators filed a complaint against Robinhood on Wednesday (Dec. 16) alleging that the stock-trading platform failed to protect its customers and their assets, violating state laws and regulations.

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ATMIA Weighs In On Cashless Retail Ban Debate

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Amazon, of course, stands out as a marquee name in the move to make the retail experience wholly digital commerce. There may be a groundswell against cashless retail, but then again, there also is a movement to take cash out of the equation. Much has been made of the coming of the cashless society. The Case Against Cash.

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