Alcohol beverage industry analyst Bump Williams said store sales are up because customers are stocking up on economy-size cases from the biggest brands, such as […]
Year: 2020
Sens. Gillibrand, Bennet propose ‘Health Force’ bill to put more Americans into careers fighting coronavirus
In the United States’ effort to stomp out the spread of the coronavirus, two Democratic senators are taking a cue from a national program launched […]
‘Tiger King’ keeps streaming services roaring as lockdowns continue
With no new releases in cinemas, no Broadway shows, no new TV production, and no live sports on TV, shelter-in-place directives across the globe have […]
Will oil’s price slump be worse for the economy than the effects of the coronavirus?
The prospect of cheaper gas at a time when most Americans are holed up at home is not much of a silver lining to the […]
How the coronavirus will change hotel stays
A hotel stay that doesn’t include a breakfast buffet, in-room minibar and a coffee station would have been inconceivable to many Americans three months ago. […]
Chipotle agrees to pay $25 million penalty for 2015-18 norovirus outbreaks
Popular fast casual restaurant Chipotle Mexican Grill agreed to pay a $25 million criminal fine stemming from norovirus outbreaks that sickened customers from 2015 to […]
U.S. officials say Kim Jong Un of North Korea may be ill after surgery, but South Korea casts doubt
The South Korean government cast doubt Tuesday on rumors that North Korean dictator Kim Jong Un was gravely ill, but U.S. officials said he may […]
‘This is a great time to buy oil,’ Trump says as prices plunge into negative territory
After a tumultuous day that saw oil futures falling into negative territory, President Donald Trump suggested the U.S. could either purchase roughly 75 million barrels […]
Shake Shack returning $10 million government loan meant for small businesses
Shake Shack, one of several large restaurant chains that got federal loans through the coronavirus stimulus law meant to help small businesses, said Sunday night […]
Gyms are eager to reopen, but are they safe?
Gyms are used to seeing attendance drops a few months into the start of a new year when resolutions fade. But nothing could have prepared […]
‘It’s like New Year’s every day’ as lockdowns drive increase in booze and pot sales
Locked in and locked down, American consumers are turning more to their favorite “vices.” With the initial surge of panic buying over, wine and marijuana […]
Small-business loan program ran out of money within minutes, some banks say
Much of the $350 billion in the Small Business Administration’s emergency coronavirus relief fund was effectively spoken for within the first minutes of launch, according […]
For little work, Grainger sold suits to U.S. for double the cost
WASHINGTON — It pays to be the middleman — especially in a time of crisis. For W.W. Grainger Inc., a big industrial supply company, that […]
Are we headed for a recession or a depression? And what’s the difference?
In recent days, some prominent economists have pondered the idea that the current economic shock brought on by shutdown of large swaths of the U.S. […]
Some small-business owners got $0, while lenders got billions in fees
Small-business owners across America are outraged after the coronavirus relief program intended to extend them a financial lifeline exhausted its $350 billion fund less than […]