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FAA Green-Lights UPS Drone Deliveries Throughout US

PYMNTS

The Federal Aviation Administration (FAA) announced that the United Parcel Service (UPS) has won the first-of-its-kind air carrier and operator certification to an unmanned aircraft system (UAS, or drone) delivery company, UPS Flight Forward. It’s not going to be a small operation.”.

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Bitcoin Daily: Argentina's Crypto Exchanges See Record Growth In 2020; JD.com Sees 20,000 Digital Yuan Transactions In 24 Hours

PYMNTS

This is bigger than the 2017 spike on operations and on demand.". Suzhou, located in East China's Jiangsu Province, is at the frontlines for China's push to enact a national digital currency. on Friday (Dec. 11), according to a report from the Global Times. has surpassed 5,000 locations.

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Amazon Gains Juicy Incentives With New Headquarters Locations

PYMNTS

For Amazon , the encouragement includes $1.525 billion in performance-based direct incentives — part of the package that led to the eCommerce operator deciding to base one of its headquarters in Long Island City. Amazon has selected New York City and Northern Virginia as the homes for its second and third headquarters.

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Walmart, Sam’s Club Shoppers Must Wear Face Masks Starting Next Week

PYMNTS

“While we’re certainly not the first business to require face coverings, we know this is a simple step everyone can take for their safety and the safety of others in our facilities,” said Walmart’s Chief Operating Officer Dacona Smith and Lance de la Rosa, chief operating officer at Sam’s Club, in a statement.

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Restaurant Business Serves Up Mixed Plate For 2020

PYMNTS

The 2020 outlook report from the National Restaurant Association was released today and it paints a picture of an industry dealing with the countercurrents of solid consumer spending and disruptive technology. In fact, by 2030, the National Restaurant Association expects that technology could completely change the face of dining.

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Wealthy Entrepreneurs Turn To Pawn Shops To Start New Ventures

PYMNTS

The National Pawnbrokers Association pegs that at about $150, reports said. According to Jordan Tabach-Bank, CEO of The Loan Companies, which operates high-end pawn shops in several locations around the U.S., the pawn shop industry’s growth is “certainly geared more toward opportunity loans than anything else.”. That’s simply not true.

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Time Tried, Panic Tested. The Forgotten Story of the First National Bank of Keystone

Jeff For Banks

September 1st, 1999, regulators from the Federal Deposit Insurance Corp, at the behest of the Office of the Comptroller of the Currency, descended on a small coal mining town in Keystone, West Virginia. The bank, First National Bank of Keystone, was $1.1 She effectively ran the bank and its operations. billion in assets.