Today In Payments: Amazon Eyes JCPenney Buy; Stimulus Payments To Be Sent Via Visa Prepaid Debit Card
PYMNTS
MAY 19, 2020
Plus, Uber plans to cut 3,000 more jobs. Amazon could be in talks to acquire the clothing retailer JCPenney, which officially filed for bankruptcy late Friday (May 15), ending speculation as to the beleaguered former retail titan’s financial status. Roundtable: Should Tech M&A Be Locked Down During The Pandemic?
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