Melio raises $110M on a $1.3B valuation to bring B2B payments for SMBs into the 21st century

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Melio raises $110M on a $1.3B valuation to bring B2B payments for SMBs into the 21st century

Today, a startup that has built a similar kind of payments infrastructure — but specifically targeting small businesses and the payments they need to make — has raised a big round of funding to double down on its own slice of the market.
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AMC Says Bankruptcy 'Off the Table' for Now With Fresh Funds

AMC Entertainment Holdings Inc. said it was no longer at risk of an imminent bankruptcy filing after assembling $917 million of fresh financing, continuing its fight to fend off the effects of Covid-19 on its theater business. The world’s largest cinema chain’s …
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Lotus Cars announces 250 new jobs with prototype built in Norfolk

The firm said it was investing £100m at its headquarters in Hethel, near Norwich. But three of the company’s models will cease production this year including the Elise, which launched in …
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Indianapolis International Airport is getting a new airline

Delta currently flies nonstop from IND to Minneapolis, and several airlines offer nonstop flights to Orlando. Mario Rodriguez, executive director of the Indianapolis Airport Authority, said Orlando is Indianapolis’ top vacation destination. Overall …
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Vaccine Race, US Stimulus Debate, India Heals: Eco Day

… Bloomberg Economics takes a look at the real cost of Covid stimulus so far. The findings: Covid-era debt is considerably less expensive to service
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