Billionaires have never been richer despite the pandemic

Billionaires have never been richer despite the pandemic

London (CNN Business) The wealth of the world’s billionaires reached a new record high in the middle of the pandemic as a rebound in tech stocks boosted the fortunes of the global elite. Billionaire wealth increased to $10.2 trillion at the end of July, up from …
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Shogun raises $35M to help brands take on Amazon with faster and better sites of their own

E-commerce has boomed this year, with more businesses and shoppers than ever before turning to websites and apps as a safer, socially distanced alternative during the current global health pandemic. Today, a startup that has built a platform to help …
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Mack Trucks places second electric refuse truck into service

Greensboro-based Mack trucks has put another pre-production Mack LR Electric refuse vehicle into service for a real-world trial. On Tuesday, the company delivered a vehicle to Republic Services in Hickory, where it will test it in one of its residential recycling …
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McDonald's adds new bakery items for the first time in almost a decade

Beginning October 28, the McCafé bakery lineup is expanding with three new options: an apple fritter, a blueberry muffin and a cinnamon roll. They will be available all day across participating restaurants in the United States.
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What PPP loans could mean for M&A

You might say, in the parlance of “Sesame Street,” that deals are being brought to you by the letter P — as in pandemic; pivot, the verb of choice these days; and the Paycheck Protection Program, familiarly known as PPP. PPP was a federal initiative created to …
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