Remove 2021 Remove Returns Remove Shutdown
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What To Make Of The Gradual Return Of The In-Office Workforce

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But the cable cars are still sitting still, and ridership on public transportation remains down by 90 percent because even given the option to return to their offices by the state, local tech and office workers aren’t exactly enthused to return. percent of workers have left home to return to the office nationally.

Returns 60
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China Extends Economic Stimulus Measures For Small And Micro-Businesses

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China’s State Council announced late Tuesday that small and micro-sized businesses can defer loan payments past first quarter 2021 as needed, according to CNBC. Certain banks catering to small businesses will also continue to receive government support in the wake of a massive shutdown earlier this year due to the COVID-19 pandemic.

Economy 69
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IRS Corporate Audits Drop 71 Pct, Individual Audits Fall 65 Pct

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The number of tax audits on corporations plunged amid the pandemic, with the IRS saying in the National Taxpayer Advocate’s “Objectives Report to Congress” report for Fiscal Year 2021 that it began 716 corporate examinations from April 1 to June 1 this year compared to 2,445 during the same time last year, a 71 percent drop.

Audit 69
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Broadway Is ?Frozen? By The Pandemic, And Live Entertainment?s Future Looks Chilly As Well

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Summer looms, and for those who had hoped for some return to normalcy — baseball games, movies, trips to New York City to see well, anything — those hopes appear dashed to a large measure. animated film, won’t return even after Broadway reopens at some point in the future. This shows how flexible media can be.

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Amazon Gains Ground In Holdout Markets

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But that’s changing by the day, pushed by the strict lockdowns and shutdowns of the physical commerce sphere as the pandemic hit Italy incredibly hard in early spring and held on for weeks. “Unfortunately, our country was one of those where technological understanding and tech culture is low.”.

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Retailing 2020: Five Things To Watch

PYMNTS

If Amazon sees any M&A deals this year, it will likely be on the infrastructure side: shipping, return platforms and payment mechanisms. The stark fact is that retailers that can stay in business through what is basically a 90-day shutdown have access to a line of credit or receive substantial eCommerce business. Be Like Nike.

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Will Hotels Win Back Customers By Cleaning Up Their Act (Literally)?

PYMNTS

Of all the verticals hit hard by the global pandemic, hotels have seen their business slowed to a near stop as shutdowns and social-distancing rules bring travel of all kinds to a near halt. The AHLA’s Rogers expects to see travelers continue to return to hotels, although not back at 2019 levels. The U.S. .”We