Half a million Americans were furloughed by major department stores this week
Hundreds of thousands of retail workers lost their jobs this week as the coronavirus pandemic continues to decimate the industry. Stores are closed…
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China’s economy may not grow at all in 2020. That hasn’t happened in 44 years
China’s economy is showing some tentative signs of recovery from the devastation caused by the novel coronavirus pandemic but the path ahead…
Continue Reading In rural America, cops are delivering groceries to vulnerable residents
Major Bobby Reed of the Bourbon County, Kansas, sheriff’s department had an idea when he saw that some stores were offering special hours just…
Continue Reading Last quarter was brutal for stocks. This one is a wild card
The first quarter of 2020 was the worst three months for stocks since the global financial crisis. And it’s hard to say whether April through…
Continue Reading One block in America. Six businesses on the brink of disaster
As of 2019, there were an estimated 30.7 million small businesses in the US, employing 59.9 million people, or almost half of the private sector…
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Global stocks and US futures drop after Trump issues dire warning
Global stocks and US futures declined Wednesday after the White House warned that up to 240,000 Americans could die as a result of the coronavirus…
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Carnival seeks $6 billion as Covid-19 pandemic devastates cruise industry
Carnival Corporation is seeking at least $6 billion to weather an unprecedented crisis that has decimated business, after coronavirus outbreaks…
Continue Reading Carnival seeks $6 billion as Covid-19 pandemic devastates cruise industry
Carnival Corporation is seeking at least $6 billion to weather an unprecedented crisis that has decimated business, after coronavirus outbreaks…
Continue Reading Journalists challenge Trump’s ‘revisionist history’ regarding coronavirus response
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. On the afternoon of…
Continue Reading CNN anchor Chris Cuomo diagnosed with coronavirus; he will continue working from home
CNN anchor Chris Cuomo said Tuesday that he has been diagnosed with Covid-19. He is feeling well, and will continue to anchor his 9 p.m. program…
Continue Reading Desk dining and mandatory health checks: How Huawei is returning to work
At Huawei’s first ever virtual press conference on Tuesday, CEO Eric Xu waited patiently as dozens of reporters attempted to get the…
Continue Reading Apple acquires popular weather app Dark Sky
Apple has acquired the popular weather app Dark Sky in a move that could turn the iPhone and smartwatch maker into the exclusive provider of an app…
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Stocks fall to end worst quarter since 2008
NEW YORK, NY — Stocks fell Tuesday to close out Wall Street’s worst quarter since the most harrowing days of the 2008 financial crisis. The…
Continue Reading Facebook feature lets neighbors volunteer to help each other during pandemic
Facebook is rolling out a new tool that lets its users offer or request help from their neighbors during the coronavirus pandemic. On Tuesday, the…
Continue Reading How some investors have profited from the stock market’s huge losses
Hedge fund manager Bill Ackman appeared on CNBC earlier this month tearfully begging for a nationwide shelter in place because he thought…
Continue Reading The coronavirus pandemic could push 11 million people in Asia into poverty, World Bank warns
The economic fallout from the coronavirus pandemic could drive an additional 11 million people into poverty in East Asia and the Pacific unless…
Continue Reading What happens to our food supply if American farmers can’t farm?
American farmers are concerned. The coronavirus pandemic is posing a threat to their livelihoods, as it is for many others across the globe. But…
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What is Houseparty and is someone trying to sabotage it?
Houseparty, one of the video calling apps keeping people connected around the world during the coronavirus pandemic, has offered a $1 million reward…
Continue Reading What is Houseparty and is someone trying to sabotage it?
Houseparty, one of the video calling apps keeping people connected around the world during the coronavirus pandemic, has offered a $1 million reward…
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Denver Mattress Company now making face masks for medical facilities
EL PASO, Texas — Denver Mattress Company, the factory-direct mattress retailer that has a huge store at 11835 Gateway Blvd W in El Paso, is now…
Continue Reading Amazon fires warehouse worker who led Staten Island warehouse walkout
Amazon has terminated an employee based in the company’s Staten Island, New York, warehouse after he participated in a worker walkout…
Continue Reading Walmart will start taking employees’ temperatures and let them wear masks
Walmart added to its worker safety policies Tuesday as protections for retail and grocery store workers come under greater public scrutiny. Walmart…
Continue Reading Doctors turn to Twitter and TikTok to share coronavirus news
Ali Raja spends his nine-hour shifts in the emergency room at Massachusetts General Hospital treating gunshot wounds, sprained ankles, heart attacks…
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Doctors turn to Twitter and TikTok to share coronavirus news
Ali Raja spends his nine-hour shifts in the emergency room at Massachusetts General Hospital treating gunshot wounds, sprained ankles, heart attacks…
Continue Reading Masa Son’s global tech empire is being rocked by the pandemic. Don’t count him out just yet
Japanese billionaire Masa Son cast himself as a bold, visionary investor betting on the future. Now he’s playing defense as the coronavirus…
Continue Reading Today is Equal Pay Day for women and it’s not a day to celebrate
We’re three months into 2020 — yet this is how long American women must work into the year to earn the same salary as men did in 2019.…
Continue Reading It will be a devastating week for the US economy. There is no playbook — and stimulus must come fast
The economy is cratering deeper than we have seen in our lifetimes. Layoffs are coming so quickly, the state unemployment offices can’t keep…
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It will be a devastating week for the US economy. There is no playbook — and stimulus must come fast
The economy is cratering deeper than we have seen in our lifetimes. Layoffs are coming so quickly, the state unemployment offices can’t keep…
Continue Reading Taco Bell will hand you a free taco today — following proper social distancing protocol
It’s easy to forget which day of the week it is when you’re cooped up in your home for weeks on end. But please, don’t forget Taco…
Continue Reading The Dow has spiked nearly 4,000 points in a week. That doesn’t mean the crisis is over
The US stock market is racing back to life. The Dow has skyrocketed 3,736 points, or 20%, over the past week. The stunning rally is raising hopes…
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