Monday, March 16, 2020

Bill would require Amazon to police its marketplace | Retail Leader

A new piece of legislation drawing support from the retail industry doesn't mention Amazon by name, but it is crafted so as to impose new requirements on the company's third party marketplace.

The Integrity, Notification, and Fairness in Online Retail Marketplaces for Consumers (INFORM) Act was introduced on March 10, by U.S. Senators Bill Cassidy, M.D. (R-LA) and Dick Durbin (D-IL) for the stated purpose of fighting the online sale of stolen, counterfeit and dangerous consumer products by requiring extensive transparency of large-volume third-party sellers in online retail marketplaces. In other words, Amazon.

Publisher: Retail Leader
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Many things are taking place:

More cities, states are halting evictions because of COVID-19- Marketplace

San Jose and San Francisco last week became the first big cities to put a moratorium on evictions. Since then, Seattle, Los Angeles, Boston and a number of other cities have enacted similar measures. Several states — including New York, Massachusetts and Kentucky — have temporarily halted some or all eviction proceedings. And housing advocates and lawmakers are pushing for similar measures across the country. 

"Imagine if you’re in a situation where you just lost your job because of something out of your control, and you can’t pay your rent," said San Francisco Mayor London Breed, who on Friday signed an executive order putting a moratorium on evictions for 30 days. "We want to take that stress away from people who might feel that way."

Publisher: Marketplace
Date: 2020-03-16T14:44:55-07:00
Twitter: @Marketplace
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VBM Official Statement: Made in Vermont Marketplace event postponed | Vermont Business Magazine

This is your chance to meet LOCAL vendors, sample FREE tastings of food and spirits and also PURCHASE hard to find Vermont made products!

Publisher: Vermont Business Magazine
Date: 2020-03-16T10:19:51-04:00
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How to stay prepared during the pandemic: CBC's Marketplace cheat sheet | CBC News

Miss something this week? Don't panic. CBC's Marketplace rounds up the consumer and health news you need.

It's all anyone is talking about these days: How to stay safe and prepared during the COVID-19 pandemic.

But Marketplace has been looking into what you need to know about minimizing your risk and how to stay prepared in the event you have to self-isolate or go into quarantine.

David Common spoke to Dr. Susy Hota, the medical director of infection prevention and control at the University Health Network in Toronto.

Publisher: CBC
Twitter: @cbc
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Quite a lot has been going on:

In the marketplace, you have to give consumers what they want: Harsh Mariwala - The Economic Times

Harsh Mariwala talks product failure, importance of going to marketplace; shares success story behind Saffola oats

Publisher: The Economic Times
Date: 2020-03-16T10:00:00.000Z
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Working parents in China struggle with online school during COVID-19 - Marketplace

This is her makeshift classroom for the foreseeable future. Every class consists of 20 minute videos and then 20 minutes of discussion in a group chat online, which all require the assistance of her mother, Yang Weina.

"We're all complaining [in the parent group chat that] we are like the servants [to our young children]," Yang told Marketplace during a lunch break.

Schools and universities have been shut in China to prevent the spread of the COVID-19 virus since early February. Now, 270 million students have resumed classes in one form or another.

Publisher: Marketplace
Date: 2020-03-16T13:21:00-07:00
Twitter: @Marketplace
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Rise of marketplace banking: Is anyone winning? | e27
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Publisher: e27
Author: June Boo
Twitter: @e27co
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How the Federal Reserve's "discount window" works - Marketplace

You don’t get much more big picture than the Federal Reserve on a Sunday afternoon pulling out all the stops . That huge cut in its short-term interest rate — another big bond buying program — echoes of the financial crisis, to be sure.

“It’s in effect kind of keeping the financial system lubricated during a stressful time,” said Bert Ely, a banking consultant. He said the problem is that banks are reluctant to reach for the can.

Publisher: Marketplace
Date: 2020-03-16T21:51:51-07:00
Twitter: @Marketplace
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