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Because European consumers are very familiar with the United States brands Visa and Mastercard, Reynolds cautions that there may not be much room for another big brand, particularly given that the US companies are no longer complacent about their prospects in Europe and that they are now innovating.

Based on its direct-flight service, Alaska Airlines should be all smiles no matter which city Amazon chooses for HQ2. (Alaska Air Photo)

Banking regulators took control of some financial institutions earlier this year, as the slowing economic growth and disruption from the novel coronavirus pandemic strained the balance sheets of financial institutions, especially some regional and smaller banks held by large financial conglomerates.

Barnes & Noble, Amazon’s chief rival at the time, implemented similar technology on its website and the Seattle e-commerce company promptly sued the brick-and-mortar bookseller in 1999. That lawsuit was later settled in 2002.

Be bold but cautious, said Xiao Yijiu, a photographer with Xinhua's Hubei Bureau.