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Why Nations Fail

Chris Skinner

I was recently at a Capital Markets conference in Turkey where the main first day keynote speaker is Professor James A. Robinson from the University of Chicago and co-author of Why Nations Fail, a book that changed thinking about what makes for successful countries and what makes them fail.

National 244
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National Restaurant Association Framework Aims To Close Gap Between Restaurants And Aggregators

PYMNTS

16), the National Restaurant Association offered up seven public policy tenets that – in collaboration with delivery aggregators – are being billed as a “framework” for the delivery industry. That roster includes Washington State, New Jersey, Chicago and New York City. With data sharing, to boot.

National 160
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DoorDash IPO Soars; Commission Caps Make Early News

PYMNTS

In one marketChicago — that has seen caps put in place, DoorDash has added a $1.50 “Chicago fee,” as reported by the Chicago Sun Times. And then there’s a bit of a work-around, a bit of making up for lost revenue streams — at least for DoorDash. And herein lies a conundrum for the platform companies.

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2022 Dodd-Frank Stress Test Scenarios Released

Perficient

The Office of the Comptroller of the Currency (OCC) recently released the economic and financial market scenarios that will be used in the upcoming stress tests for covered institutions. Equity market volatility, as measured by the Chicago Board Options Exchange Volatility Index (VIX), declines in 2022 by about 6.5

Capital 294
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Rinse Clothing Service Raises $14M To Expand To Boston, Chicago And Beyond

PYMNTS

Rinse has a solution for both, and thanks to a $14 million Series B funding round led by Partech, it’s taking that solution to two new cities: Boston and Chicago. The $14 million of funding Rinse recently secured will not be going into the company’s tech as much as into building out its team as it looks to launch in new markets.

Boston 110
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Walgreens Teams With VillageMD To Offer In-Store Health Clinics

PYMNTS

Walgreens Boots Alliance is teaming up with Chicago-based VillageMD to make Walgreens “the first national pharmacy chain to offer full-service doctor offices co-located at its stores at a large scale,” according to a Wednesday (July 8) press release. markets in the next five years, with the intent to build hundreds more thereafter.

Houston 219
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Groupon Goes Local And Uptown

PYMNTS

In an effort to help promote local businesses for National Small Business Week next week, Chicago’s Uptown Chamber group Business Partners joined up with Groupon for a community event called Discover Uptown Collection. Through this joint effort, the intention is to celebrate local merchants on the city’s picturesque lakefront.

Chicago 108