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Exclusive: Amazon pauses sellers" loan repayments amid coronavirus

Amazon.com Inc on Wednesday said it temporarily would not require sellers in its marketplace to repay loans it had made to them, as merchants confront the prospect of declining sales during the coronavirus pandemic......»»

Category: topSource: reutersMar 25th, 2020

Amazon to pause sellers" loan repayments amid COVID-19 pandemic, Reuters says

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMar 25th, 2020

Exclusive: Amazon stops receiving non-essential products from sellers amid coronavirus outbreak

Amazon.com Inc is suspending sellers from sending non-essential products to its U.S. and U.K. warehouses until April 5 in the latest move to free up inventory space for much-needed supplies that are in shortage as a result of the coronavirus outbreak......»»

Category: topSource: reutersMar 17th, 2020

Exclusive: U.S. is considering measures to boost lending to low-income Americans - source

U.S. regulators are considering issuing guidance that would encourage lenders to offer loans to low-income individuals and to provide leniency on some repayments amid the coronavirus pandemic, an official within a banking agency told Reuters......»»

Category: topSource: reutersMar 18th, 2020

Exclusive: Amazon warehouses receive only vital supplies in U.S., Europe amid coronavirus

Amazon.com Inc will only receive vital supplies at its U.S. and UK and other European warehouses until April 5, its latest move to free up inventory space for medical and household goods in high demand as a result of the coronavirus outbreak......»»

Category: topSource: reutersMar 17th, 2020

Exclusive: Amazon entices warehouse employees to grocery unit with higher pay

Amazon.com Inc is offering higher pay to recruit its own warehouse employees to pick and pack Whole Foods groceries amid rising demand and a worker shortage, according to an internal document reviewed by Reuters......»»

Category: topSource: reuters4 hr. 50 min. ago

Amazon, Walmart, Lowe’s and others are hiring to fill 444,000 job openings amid coronavirus demand

Jobless claims jumped by 70,000 last week, but several sectors are ramping up hiring even as the coronavirus pandemic creates layoffs......»»

Category: topSource: marketwatchMar 27th, 2020

Ilhan Omar and Bernie Sanders are demanding that Amazon come up with a safety plan for workers as online orders soar amid coronavirus

Jonathan Ernst/Reuters Democratic lawmakers Rep. Ilha.....»»

Category: topSource: businessinsiderMar 27th, 2020

What"s Worth Streaming: Here’s what’s coming to Amazon Prime Video in April 2020

As much of the country is hunkered inside amid the coronavirus outbreak, Amazon Prime Video is set to launch a batch of movie favorites and a new season of one of its most popular series in April......»»

Category: topSource: marketwatchMar 25th, 2020

Amazon, Walmart, Lowe’s and others are hiring to fill 434,000 job openings amid coronavirus demand

Jobless claims jumped by 70,000 last week, but several sectors are ramping up hiring even as the coronavirus pandemic creates layoffs......»»

Category: topSource: marketwatchMar 25th, 2020

Do more to stop coronavirus price gouging, U.S. states tell Amazon, Walmart, Facebook

A group of 32 U.S. states have a message for the nation's leading online platforms: You are not doing enough to stop price gouging amid the coronavirus crisis......»»

Category: topSource: reutersMar 25th, 2020

Exclusive: Venezuela in talks with China over support amid pandemic, oil price drop - sources

Venezuela has opened talks with China over possible financial support to cope with a sharp drop in oil prices and the arrival of the novel coronavirus, four sources familiar with the negotiations said......»»

Category: topSource: reutersMar 25th, 2020

Zillow pauses direct homebuying, cuts spending amid COVID-19 crisis

Zillow Offers will continue to market and sell the homes in its inventory, but will temporarily stop providing cash offers to home sellers......»»

Category: topSource: bizjournalsMar 24th, 2020

Jeff Bezos is asking laid-off restaurant and bar workers to come work for Amazon amid the coronavirus crisis

Reuters/Clodagh Kilcoyne Amazon CEO Jeff Bezos said in a statement on Saturday the company is hiring for 100,000 new roles, and urged laid-off restaurant workers to apply. Bezos added that t.....»»

Category: topSource: businessinsiderMar 21st, 2020

Exclusive: Amazon.com to stop shipping non-essentials to consumers in Italy and France

Amazon.com will stop shipping non-essential products to consumers in Italy and France, the company said on Saturday, representing an escalation in the e-commerce giant's response in regions hard hit by the coronavirus outbreak......»»

Category: topSource: reutersMar 21st, 2020

Dispatches from a Pandemic: Life at a small bakery amid coronavirus: open just 2 days a week and struggling to survive

A disaster relief loan? “By the time the money comes through, we would be closed.”.....»»

Category: topSource: marketwatchMar 21st, 2020

Amazon is hiring 100,000 workers, Walmart is hiring 150,000 — here are the sectors adding jobs amid coronavirus

This week the number of jobless claims rose by 70,000, but several sectors are ramping up hiring even as the coronavirus pandemic creates layoffs......»»

Category: topSource: marketwatchMar 20th, 2020

Amazon is hiring 100,000 workers, 7-Eleven will hire up to 20,000 — here are the sectors adding jobs amid coronavirus

This week the number of jobless claims rose by 70,000, but several sectors are ramping up hiring even as the coronavirus pandemic creates layoffs......»»

Category: topSource: marketwatchMar 20th, 2020

Sellers" Amazon loans at risk as company limits warehouses to essential goods

Some Amazon sellers say the online retailer's abrupt decision to stop receiving non-essential inventory in response to the coronavirus pandemic could strangle the sales they need to make payments on their Amazon loans......»»

Category: topSource: reutersMar 19th, 2020

Etsy"s Sellers Are "Losing Traction" Amid Coronavirus Outbreak

The e-commerce environment is showing signs of suffering amid the ongoing coronavirus outbreak and the majority of sellers on Etsy Inc (NASDAQ: ETSY) are "losing traction," according to Roth Capital Partners. .....»»

Category: blogSource: benzingaMar 19th, 2020

France says pressure on Amazon workers "unacceptable" amid lockdown

Amazon workers in France are coming under unacceptable pressure, Finance Minister Bruno Le Maire said on Thursday, after staff complained they faced not getting paid if they stopped showing up due to fears of coronavirus contamination......»»

Category: topSource: reutersMar 19th, 2020