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Coronavirus Refunds: Michigan Tells Auto Insurers To Offer Reimbursements, Waivers

PYMNTS

And Michigan is asking insurance companies to provide reimbursements or waivers to auto insurance policyholders. Michigan vehicle insurance firms have about more than a week to create plans for providing their customers with premium waivers or reimbursements because of the COVID-19 health crisis, ABC12 reported Tuesday (June 2).

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Treasuries Shrug Off Strong July Jobs Report

South State Correspondent

Treasuries Shrug Off Strong July Jobs Report. Treasury prices are higher this morning as the downdraft created by the stronger-than-expected July employment report was short-lived. The post Treasuries Shrug Off Strong July Jobs Report appeared first on SouthState Correspondent Division. vs. June’s hot 1.3%

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US Senators Press For Cash Airline Refunds; Michigan To Provide Season Ticket Refunds

PYMNTS

Here’s a roundup of some coronavirus-related refunds that companies and universities are offering. The University of Michigan will give a complete refund to season ticket holders in case the college football season is called off because of the coronavirus crisis, All About Ann Arbor reported. Airline Tickets. Senators Edward J.

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Hundreds Of Jobs Lost As Amazon Cuts Ties With Logistics Company

PYMNTS

Bear Down Logistics, a company that expanded quickly in the past few years delivering packages for Amazon , will no longer be working with the company and was forced to cut hundreds of jobs as a result, according to a report by Bloomberg. About 120 workers will lose their jobs at a location in Michigan.

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Domino’s Rolls Out New Stores; Reports Double-Digit Q2 Sales Increase

PYMNTS

Even as other chains like Starbucks are busy paring back their physical footprints, Domino’s added 39 net new stores in the United States this spring and another 45 new locations internationally, the company said Thursday (July 16) in its second-quarter earnings report. million the company reported during the same period a year ago.

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Facebook Reportedly Asks Banks To Share Customer Data

PYMNTS

In an effort to provide more services to its users, Facebook has reportedly asked banks to share customer information, such as checking account balances and card transactions, the Wall Street Journal reported. The effort comes as Facebook seeks to become a place for commerce — not just a platform to interact with friends.

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Extra Federal Benefits Ease Layoff Decisions For Employers

PYMNTS

According to a report by The Wall Street Journal , the recently signed stimulus package provides laid-off workers with an extra $600 weekly for 16 weeks, on top of their regular unemployment payment. Equinox is not alone. “It made that part of the decision more palatable.”.