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Macy’s plans to raise $1.1 billion in a bond offering, backed by a first mortgage on some of its properties, to repay funds borrowed under a revolving credit facility.The department store chain drew down a $1.5 billion credit facility in March as it had to temporarily close stores and limit its business to its app…
Business Insider Intelligence and eMarketer are now Insider Intelligence, a digitally-focused research company from Insider Inc. Learn more about what we offer.This story was delivered to Business Insider Intelligence Banking Briefing subscribers earlier this morning.To get this story plus others to your inbox each day, hours before they’re published on Business Insider, click here.UK neobank…
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This is a preview of the Business Insider Intelligence Coronavirus and 5G Deployment Roadblocks premium research report. Purchase this report here.Business Insider Intelligence offers even more technology coverage with our Connectivity & Tech Briefing. Subscribe today to receive industry-changing connectivity news and analysis to your inbox.The coronavirus pandemic is disrupting billions of lives and nearly…
You can change your registered business address on Google Maps through the free Google My Business tool.Changes to a business address on Google Maps are only possible if the company is attached to your account. Google reviews all changes to your business address made through Google My Business, so it may take several days to be…
María Galán, Sandra Majada, Dionisio Juanas, Ignacio Montes, and Cristina Nieto were all diagnosed with COVID-19 in the past few months.All of them have recovered since.They told Business Insider what it was like experiencing COVID-19 symptoms, what they have learned, and what they would tell others going through the same thing.Visit Business Insider’s homepage for…
The Justice Department issued grand jury subpoenas to Wall Street banks seeking information in relation to a broader investigation into potential abuse of the small business loan program.The program allows small businesses hurt by the pandemic to apply with lenders for a government-backed loan which can be forgiven provided at least 75% is spent on payroll costs.Due…
Online MBAs are becoming more popular among applicants looking for affordable and convenient ways to earn an advanced degree. Justin Lewis/Getty Images This story is available exclusively on Business Insider Prime. Join BI Prime and start reading now. Amid the coronavirus outbreak, more students are turning to distance learning or online classes to reduce the…
By Jack Forestell, Chief Product Officer, VisaAcross the globe we’re settling into a new normal — an immediate acceleration of digital shopping — which has dramatically changed the way we live, work, and buy. It has impacted how we spend, send, and use money, with a tsunami-like ripple effect on many parts of the global…
Ask any successful sports coach how they win so many games, and they’ll tell you they have a unique plan
Some politicians and pundits have been quick to lambaste the Small Business Administration’s Paycheck Protection Program.Critics typically target the fact that a range of corporations like Shake Shack and Ruth’s Chris received large paymentsBut we should actually focus on a different problem: That the program doesn’t have enough money.Matthew Zeitlin is a writer in New…
