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eScooter Startup Lime Exits 12 Markets, Fires 14 Pct. Of Staff

PYMNTS

Lime is striving to reach profitability in 2020 and is laying off about 14 percent of its workforce — roughly 100 people — and ceasing operations in 12 markets, according to reports on Thursday (Jan. These market closures have an effect not just on riders, but on our whole Lime community.

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ALDI Plans 70 New Store Openings In Expansion Push

PYMNTS

The value grocery chain also said it intended to come into the greater Phoenix market and continue to support Gulf Coast store growth with a new Alabama distribution center, according to a Tuesday (July 21) announcement. As it stands, the company operates 180 retail locations in Florida as well as Alabama.

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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

While the current growth rate needs to be left to each bank based on their capital cost, market, and risk tolerance, the general guide is that growth should be in the 3% to 5% range for this year. In addition, they may consider focusing on these five critical areas: Improve Operating Leverage. Then there is credit.

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Lyft Rolls Out Vehicle Partitions In Health Safety Program

PYMNTS

Los Angeles, Seattle, Boston, Phoenix, Dallas and New York City. drivers for free, with the goal of providing 50 percent ride coverage in these markets,” the company wrote. By prioritizing the wellbeing of our drivers, our entire community gains extra peace of mind. The company said it sells them to drivers at no profit.

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Collaboration: The New Competitive Weapon

Gonzobanker

In an industry where the top five institutions control more than half the market share, it amazes me how few of the 6,000 other banks are taking advantage of shared insights and resources to compete. GonzoBanker Bank Chief Risk Officer Roundtable Phoenix Apr 3-5. GonzoBanker Bank CFO Roundtable Phoenix May 15-17. Nov 13-15.

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As Losses And Costs Rise, Alphabet Promotes Waymo’s Promise

PYMNTS

The Other Bets unit also reported an operating loss of $732 million, a 16 percent increase from the second quarter of 2017. According to some observers, that increase might indicate that hiring costs for Waymo employees are increasing as the market for connected and self-driving automotive technology continues to grow.

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Education: By Popular Demand

Independent Banker

The demand for professional development opportunities for community bankers has never been greater. Last year Community Banker University’s eight certification programs provided more than 4,000 community bankers with highly tailored training.