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Barclays Report: Despite Weak IPOs, Uber And Lyft Can Be Profitable

PYMNTS

A new report from Barclays Capital about transportation in New York City says Uber and Lyft can achieve profitability in the future despite their poor initial public offering (IPO) showings this year, according to a report by Bloomberg. .

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What’s Next For Real Estate In Amazon’s HQ2 Cities?

PYMNTS

13) on its new headquarters. The Seattle-based eCommerce operator and cloud computing provider decided to build in both Crystal City, an urban area in North Virginia near Washington, D.C., and in Long Island City, a neighborhood in Queens, New York City. In New York City, Amazon’s $1.2

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B2B FinTech Firms Brace For Growth With New VC

PYMNTS

The company recently announced $10 million in venture capital funding, led by GV and Foundation Capital, while Amicus and Pierre Lamond also participated. million in new funding from DGF Investimentos for its small business financing solution, reports in Contxto said this week. Brazil’s Adianta has announced $2.18

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Why business owners can fail, even during growth

Abrigo

The opportunity cost of one investment over another is sometimes a rough guess, and, in some cases, capital is spent to take advantage of a new opportunity with no clear track record. Cost of capital is a defining concept in business decision-making, but it’s also abstract. This means debt is cheaper and saves tax money.

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Popular Bank Issues Small Business Recovery Grants

PopularBank

We share FHLBNY’s mission to support our small business and non-profit customers who have been deeply affected by the COVID-19 health crisis,” said Popular Bank Chief Operating Officer Manuel Chinea. Additionally, Non-profit organizations are required to have an annual operating budget of less than $20 million. Salem Missionary Church.

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Mobile Order-Ahead Delivered The Goods In 2019

PYMNTS

Tons of capital was raised and spent on new systems and processes. As city councils all over the nation get a hankering for MOA tax revenue, the category just keeps growing and evolving. “It was the best of times, it was the worst of times.” These are hard to fake, which is great, but it’s not exactly seamless.

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Saving Main Street: Cities Pick Up The Recovery Role

PYMNTS

While they will lack the sheer financial clout of federal assistance, they are starting to offer strategies beyond capital infusions that will assist in restarting small business when the crisis passes. Several examples have shown up over the past week. And speed is of the essence.

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