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6/26/2019

Following a pilot program that began in 2017, Walmart will now allow customers to pay for online grocery orders with Supplemental Nutrition Assistance Program benefits at its more than 2,500 pickup locations. Customers can select "EBT card" on Walmart's website and present the benefit card at pickup.

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TechCrunch
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Walmart
6/26/2019

The U.S. Army Corps of Engineers has selected four large projects for a pilot program of public-private partnership projects. The four projects, two of which are in Texas, one in California and one in Michigan, would be used to test the viability of new delivery methods to cut costs and time.

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Construction Dive
6/26/2019

North Carolina has delayed certifying voting machine vendors because of concerns over cybersecurity. The state is considering returning to machines that produce paper ballots and requiring vendors to post a $17 million surety bond.

6/26/2019

An Alabama woman who was forced to take over her husband's construction company four years ago after he died in a plane crash has excelled. Gaining knowledge through her local construction trade association and working with a mentor were key to her success; the business is now thriving and just signed its largest contract to date.

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StyleBlueprint
6/26/2019

A subgroup of the Alternative Reference Rates Committee has recommended uniform conventions for the use of risk-free rates in interdealer cross-currency swaps. The recommendations propose potential conventions for interdealer trading of RFR-RFR and RFR-Ibor cross-currency swaps.

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Reference Rates Committee
6/26/2019

JPMorgan Chase is adding $50 million to its original $150 million initiative to help Detroit's struggling economy. The bank investments include job training programs, affordable housing initiatives and funding for African American entrepreneurs.

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JPMorgan Chase
6/26/2019

The US aims to restart trade negotiations with China but won't agree to conditions that limit its ability to impose tariffs on Chinese goods, a source says. The US reportedly will bring no concessions to an upcoming meeting of the two nations' presidents.

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Reuters, CNBC
6/26/2019

Major UK financial companies have spent almost £4 billion on Brexit-related relocation costs, legal advice, contingencies and headquarters, according to a quarterly tracker from EY.

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UK
6/26/2019

Credit Suisse, which is suing the UK government over its one-time 50% tax on bank bonuses taken in the wake of the global financial crisis, called the levy both "strikingly unfair" and "discriminatory" on the trial's first day. The levy was applied to bonuses earned over a span of time that allowed 16 banks that use fiscal-year reporting to pay "very little", the bank's attorney said.

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Credit Suisse
6/26/2019

In the wake of Facebook's libra cryptocurrency announcement, former Commodity Futures Trading Commission Chairman Tim Massad warns that the current US regulatory approach to digital assets is too fragmented.

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MarketVoice