Domio, a start-up that offers short-term rentals, has its headquarters in a New York City loft that features beer on tap, a game room and a wall of house slippers for visitors. The fast-growing and unprofitable company has raised $117 million in venture capital, including $100 million in August. When the coronavirus pandemic caused Domio’s […]
People across the United States who received their coronavirus stimulus payments say they’ve decided to redistribute that money to various organizations and those in need.“I’m just doing a different organization every day this week, Monday through Friday,”...
Money transfer apps, which allow you to quickly pay friends and family through your smartphone, have grown in popularity in recent years. And the coronavirus pandemic has only expanded their use — to pay gig workers, make donations or simply avoid using cash.The apps...
The company issued a dire warning in a regulatory filing Thursday that $1 billion in cash has evaporated from its accounts since February. Gap said it might have as little as $750 million in the bank as early as next week.Gap said it needs to take “additional...
The Senate approved a $484 billion coronavirus rescue package, with $320 billion for the Paycheck Protection Program that ran dry last week. It also includes $60 billion for other small business rescue programs and $75 billion for hospitals. The House is expected to...
