A letter carrier’s mail route is structured so that it routinely takes about eight hours to complete — but that was before the coronavirus pandemic […]
Year: 2020
Dow falls by 600 points on brutal retail sales report and bank earnings
The Dow Jones Industrial Average fell by more than 600 points Wednesday, after a brutal monthly retail report and more ugly quarterly earnings reports from […]
Trump backs down after Cuomo, other governors unite on coronavirus response
President Donald Trump said Tuesday he’s fine with governors making their own decisions about how and when to reopen their states — a quick retreat […]
General Motors and Ventec to deliver first batch of ventilators ahead of schedule
General Motors and the medical tech company Ventec Life Systems will be able to deliver new ventilators to the Federal Emergency Management Agency this week […]
Airlines and Treasury reach an agreement over multibillion-dollar relief
Major U.S. airlines, roiled by the coronavirus pandemic, will be participating in the federal government’s Payroll Support Program, Treasury Secretary Steven Mnuchin announced Tuesday. Ten […]
NBCUniversal could move up launch of Peacock streaming service
Comcast’s new streaming service, Peacock, could debut earlier than planned, the company said Tuesday, citing the “unprecedented and historic turn of events brought about by […]
Why it’s suddenly more difficult to get a mortgage
Even with historically low interest rates, buying a house or refinancing a mortgage is getting tougher, and some consumer advocates worry that the pandemic fallout […]
‘Icon’ Earl Graves championed, embodied black business success
Earl G. Graves Sr., cheerleader in chief for African American entrepreneurship, was remembered by associates and admirers as an icon who spotlighted the need for […]
Markets soar on optimism that the number of coronavirus cases is stabilizing
Wall Street opened on a high note Tuesday morning on optimistic news about coronavirus testing and stabilization of the outbreak in some states. The Dow […]
As deaths mount, delivery workers say they’re kept in the dark over who’s sick
Rumors about the manager with the virus started to spread around Worldport, UPS’ sprawling air hub in Louisville, Kentucky, earlier this month. Employees texted one […]
Trump’s ‘opening our country council’ still lacks any business leaders
With just under 24 hours to go before President Donald Trump officially announces his “opening our country council,” no corporate leaders have yet lent their […]
Trump claims it’s his call on when to ‘reopen’ the country. He’s wrong.
WASHINGTON — President Donald Trump has repeatedly said he has complete authority to reopen the country for business after the devastating effects of the coronavirus, […]
Texas governor wants to ‘slowly’ reopen business. Trump says that’s the federal government’s decision.
Texas Gov. Greg Abbott plans to sign an executive order this week to reopen parts of the state’s coronavirus-ravaged economy, but President Donald Trump says […]
Dow closes down 325 points as investors brace for brutal earnings week
The Dow Jones Industrial Average ended the day with a loss of around 325 points, as traders digested a historic oil production agreement and prepared […]
Unapproved online lenders want a piece of the new coronavirus loan program for small businesses
As the government’s small business lending program struggles to find its footing, many online and alternative lenders say they’re filling the void, offering to help […]