Business

4 ways you and your company can make flexible work better

Did you know we have an online event about the future of work coming up? Join the Future of Work track at TNW2020 to hear how successful companies are adapting to a new way of working.

The world of work is fast changing. As life expectancy lengthens and labor markets shift, our working lives have become more complicated. The old expectations about how we work have become unsustainable – not least the expectation that we religiously travel to and from a fixed location ten times a week during rush hour, with all the knock-on effects that this has for carbon emissions.

Flexible work has the potential to solve many issues that see people fall out of the workforce. For employees, this means being better able to fit their jobs around other responsibilities, such as looking after children or elderly relatives. For businesses, this means retaining staff and saving the

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Amazon launches online pharmacy in India

Online retail giant Amazon has launched an internet pharmacy in India, marking its entry into the country’s online medicine market.

Amazon Pharmacy will make its debut in Bangalore and it may be trialled in other Indian cities.

The move comes as the online drugs business has been given a major boost during the coronavirus pandemic.

This year US technology giants have invested billions of dollars in the Indian economy.

The Amazon Pharmacy service offers prescription, over-the-counter and traditional Ayurveda medication as well as basic health devices.

“This is particularly relevant in present times as it will help customers meet their essential needs while staying safe at home,” an Amazon spokesperson said.

Amazon started its move into pharmaceutical retailing in 2017. The following year it bought US-based home delivery medications startup PillPack.

At the end of last year, the company introduced its Amazon Pharmacy branding to PillPack’s service.

In January, Amazon

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How to Shop for Well-Made Clothes Online

Online shopping has come a very long way since it first became a thing in the early ’90s. You may recall that the major players back then were pretty much just eBay and Amazon (which was a book retailer at the time). Fast-forward to today and practically every fashion business has an online component, save for a few holdouts (the most noteworthy being Chanel).

Even before the COVID-19 pandemic took hold of the world, the shift from traditional brick-and-mortar retail to e-commerce has been one of the fashion industry’s biggest talking points. If you grew up going to malls every weekend, you probably never thought you’d see the day when a department store as storied as Barneys New York would cease to exist, but here we are.

Whether or not you were comfortable with shopping online for clothes before 2020, the pandemic has pretty much forced it upon you, at

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watching the world open up for disabled people

When lockdown began, chronic illness meant I’d already been stuck at home for a couple of years. It was my own self-isolation before self-isolation was in the lexicon, except with less sourdough. I won’t say I was used to missing the world outside my bedroom because it is never a thing you truly get used to. House plants are not great conversationalists. A glass of wine in a restaurant is a thing of beauty to long for. But you adapt, because circumstances are demanding like that.

Related: Chronic illness has made me a self isolation expert: here’s how to ease yourself out of lockdown

If the pandemic created one shared experience, it was this sense of missing out. Fomo went global and the world got creative to cope. Theatres went online. Museums hosted virtual tours. Work held meetings over Zoom. Musicians streamed gigs live to fans. As a disabled person,

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Edited Transcript of CECG.DE earnings conference call or presentation 13-Aug-20 6:30am GMT

Q3 2020 Ceconomy AG Earnings Call

Dusseldorf Aug 13, 2020 (Thomson StreetEvents) — Edited Transcript of Ceconomy AG earnings conference call or presentation Thursday, August 13, 2020 at 6:30:00am GMT

TEXT version of Transcript

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Corporate Participants

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* Bernhard Düttmann

Ceconomy AG – CEO, Labour Director & Member of Management Board

* Ferran Reverter

Ceconomy AG – CEO of Media-Saturn-Holding

* Karin Sonnenmoser

Ceconomy AG – CFO & Member of Management Board

* Stephanie Ritschel

Ceconomy AG – VP IR

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Conference Call Participants

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* Amy L. Curry

Morgan Stanley, Research Division – Equity Analyst

* Clement Genelot

Bryan Garnier & Co Ltd, Research Division – Analyst

* Volker Bosse

Baader-Helvea Equity Research – Co-Head of Equity Research

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Presentation

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Operator [1]

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Ladies and gentlemen, thank you for standing by. Welcome, and thank you for joining the CECONOMY AG Investor and Analyst Conference Call. (Operator Instructions)

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MoneyGram’s (MGI) Digital Platform Sees Consistent Growth

MoneyGram International, Inc. MGI recently announced that its online platform has been gaining from strong customer demand, driven by its digital capabilities. This upside led to robust digital transaction growth for the company in July.

As a case in point, the company witnessed digital transaction growth of 124% year over year in July. Strength of its direct-to-consumer channel—MoneyGram Online—digital partnerships, an increased account deposit and mobile wallet transactions primarily drove digital growth last month. The reported figure for the period is even higher than the record-breaking digital transaction growth of 106% in June.

MoneyGram’s online business has three major components, namely MoneyGram Online, digital partnerships  and account deposit and mobile wallet.

The first component (MoneyGram Online) delivered incredible year-over-year transaction growth of 126% in July. This was driven by cross-border transaction growth of 207% as strong adoption of the MoneyGram app continues to grow in the worldwide markets.

Expanding digital

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As Film Festivals Go Online, a Competitive New Business Takes Shape to Support Them

As the pandemic forced shutdowns worldwide, no aspect of the film industry faced a more immediate existential threat than the festival circuit. While mainstays from Cannes to Telluride chose not to hold events at all, others did the once-unthinkable: They migrated online. Now, the race is on to provide digital services that support the unexpected era of the virtual film festival.

Enter Shift72, which counts Toronto, New York, and Sundance among its upcoming clients. The New Zealand-based company has provided secure press and industry screening platforms since 2008 and has now emerged as a leading company poised to tackle the challenge of creating online festivals. However, it’s hardly alone in an industry that has just gotten started and could be here for good.

More from IndieWire

In conversations with IndieWire, festival organizers discussed the frantic process of shopping for cost-effective platforms that could meet their needs on a tight schedule

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Edited Transcript of FPAY.OQ earnings conference call or presentation 11-Aug-20 1:00pm GMT

Charlotte Aug 13, 2020 (Thomson StreetEvents) — Edited Transcript of FlexShopper Inc earnings conference call or presentation Tuesday, August 11, 2020 at 1:00:00pm GMT

FlexShopper, Inc. – Co-Founder, President, Secretary & Director

FlexShopper, Inc. – CFO

* Richard R. House

FlexShopper, Inc. – CEO

B. Riley FBR, Inc., Research Division – Research Analyst

The Equity Group, Inc. – VP

Greetings, and welcome to the FlexShopper, Inc. Q2 2020 Earnings Call. (Operator Instructions) As a reminder, this conference is being recorded. I would now like to turn the conference over to your host, Jeremy Hellman of The Equity Group. Please go ahead, Mr. Hellman.

Jeremy Hellman, The Equity Group, Inc. – VP [2]

Thank you, operator. I would like to remind everyone that we have posted an updated investor presentation within the IR section of the company website, www.flexshopper.com, and encourage everyone to review the forward-looking statement on Page 2 of … Read More

Public colleges hide donors who seek to influence students. Will COVID-19 make it worse?

Long before the coronavirus hit the United States, cash-strapped public higher education systems looked to private donors to offset the steady decline in public funding, sometimes with significant secrecy and strings attached.

Critics fear the economic downturn could give donors more leverage to quietly influence curriculum, hiring and scholarships. Open government laws in many states already allow donors to demand that the public – including students and faculty – be kept in the dark.

The pandemic has presented universities a triple whammy: Reduced tax revenues slashing government support, online-only courses gutting dormitory and cafeteria revenues, and – with more students and families out of work – less ability to offset that loss with tuition increases.

“They are going to be desperate for funding,” said Douglas Beets, who teaches accounting at Wake Forest University, and has studied nearly two decades of university donations and donor demands.

Linda Durant, vice president of

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Edited Transcript of VUZI.OQ earnings conference call or presentation 10-Aug-20 8:30pm GMT

Rochester Aug 13, 2020 (Thomson StreetEvents) — Edited Transcript of Vuzix Corp earnings conference call or presentation Monday, August 10, 2020 at 8:30:00pm GMT

* Paul J. Travers

Craig-Hallum Capital Group LLC, Research Division – Senior Research Analyst & Partner

Greetings and welcome to the Vuzix Second Quarter 2020 Financial Results and Business Update Conference Call. (Operator Instructions) As a reminder, this conference is being recorded.

Now I would like to turn the call over to Ed McGregor, Director of Investor Relations at Vuzix. Mr. McGregor, you may begin.

Thank you, operator, and good afternoon, everyone. Welcome to the Vuzix Second Quarter 2020 Financial Results and Business Update Conference Call. With us today are Vuzix CEO, Paul Travers; and CFO, Grant Russell.

Before I turn the call over to Paul, I would like to remind you that on this call, management’s prepared remarks may contain forward-looking statements, which are subject … Read More