Wells Fargo discharges more than 100 workers over abuse of SBA relief program

Wells Fargo fired more than 100 employees for improperly applying for a Covid-relief program that allowed small businesses to request $10,000 grants, Bloomberg News reported, citing an unnamed source familiar with the matter. The employees applied for the emergency grants available under the Small Business Administration’s Economic Injury Disaster Loan Continue Reading

Shopping to blow up throughout longer vacation shopping season, CBRE states

Retailers and consumers alike are looking at a holiday shopping season unlike any other during the coronavirus crisis — one that starts sooner and lasts longer, with an explosion in e-commerce and in-person purchases moving outside. “Retail hasn’t grappled with anything like the challenges it faces this year, and the holiday Continue Reading