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Apple To Shutter 30 More US Stores Again Amid Pandemic

PYMNTS

As instances of the coronavirus quickly increase in a number of regions across the nation, Apple plans to shutter 30 more stores in the United States on Thursday (July 2) at the latest. The tech company, which has 271 retail shops in the United States, has recently closed 47 stores again, CNBC reported.

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Uber and Lyft Drivers Could Gain Access to Digital Ad Revenue

PYMNTS

A company called Firefly reportedly has raised $30 million Series A funding, bringing its total funding to $51.5 According to that report, the company “works directly with ride-hailing drivers to mount ad displays on top of their cars. an hour on average”. In the last quarter, Uber saw a net loss of around $1.01

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Credit unions continue to see growth in auto lending

Abrigo

The article cited data from TransUnion, the national consumer data collection company, which reported that among the nation’s largest cities, Atlanta (up by 5.9%) and Houston (up by 5.4%) experienced the largest increases in auto loans from the previous quarter. million over the last quarter of 2014.

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Energy Loan Losses Take Toll at Prosperity in Houston

American Banker

First-quarter net income at the $22 billion-asset company fell 6.4% to $69 million year over year and earnings per share fell 6.7% to 98 cents.

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Community banks are thriving in Texas

Independent Banker

With the record growth of San Antonio, Houston and Austin, southern Texas is becoming a hub for business. This region has the kind of energy that draws people to a place and helps them and their businesses thrive. The Houston metro took the 10th spot with a 20.3% Here’s how four community banks are thriving in this environment.

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BBVA Compass Cuts More Energy Loans

American Banker

Profits at BBVA Compass Bancshares dipped in the third quarter as the Houston company continued to slash its energy portfolio.

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33 Ways Drones Will Impact Society: From Fighting War to Forecasting Weather, UAVs Change Everything

CB Insights

As more companies look to capitalize on these commercial opportunities, investment into the drone space continues to grow. Below, check out the ways companies are harnessing drone technology for commercial purposes across industries. Startup companies and universities are also designing systems intended for search and rescue.