The Securities and Exchange Commission has sued TCA Fund Management Group, a Florida investment company cited in a January NBC News report, for allegedly improperly […]
Unemployment rate soars to 14.7 percent, highest level since the Great Depression
President Donald Trump has pushed for a swift turnaround after weeks of lockdowns, saying he believes the economy will “transition into greatness” in the third […]
Lights, camera, hand sanitizer! Hollywood looks to reopen under a new normal
As California moves to gradually reopen parts of its once-booming economy, Hollywood remains firmly closed. The industry — which directly employs about 927,000 people across […]
COVID-19 strikes discordant note for music industry, but artists find a way to persevere
This time, New Kids on the Block really did have to take it step by step. The pop band recorded their newest single, “House Party,” […]
Tesla files lawsuit against California county over plant shutdown
Tesla, the electric vehicle maker controlled by billionaire Elon Musk, filed a federal lawsuit Saturday against Alameda County in California challenging its precautionary shutdown of […]
California Gov. Newsom says community spread started at nail salon
After dropping a provocative remark that community spread of coronavirus in California started at a nail salon, Gov. Gavin Newsom declined Friday to provide additional […]
Supply chain headache? Hundreds of millions of syringes will be needed to vaccinate U.S.
The CEO of the world’s largest manufacturer of syringes said this week “there is no capacity” to quickly ramp up production to 1 billion syringes […]
Oregon strip club pivots to preparing food, and its dancers deliver
A strip club in Portland, Oregon, has found a novel way to stay afloat during the global pandemic. The Lucky Devil Lounge transformed itself into […]
Workers without college degree hit hardest by record unemployment
While the April jobs report released Friday was catastrophic by any measure, labor economists say the data reveals the economic fault lines that put America’s […]
Senators urge federal contractor accused of flouting CDC rules to meet with worried workers
Six U.S. senators on Friday urged a federal contractor accused of failing to follow social distancing guidelines at a Mississippi call center to meet with […]
Another 3 million Americans filed jobless claims last week, bringing total to 33 million since coronavirus hit
Around 3 million more workers filed for unemployment benefits for the first time last week, down slightly from 3.8 million the previous week. More than […]
Latinos hardest hit by coronavirus job losses, with a staggering 18.9% unemployed
Latinos suffered staggering job losses and have been the hardest hit by the economic thrashing dealt by the coronavirus pandemic, which blew a hole in […]
California threatens to pull alcohol licenses of businesses that reopened early
The public health officer who allowed restaurants and hair salons in two California counties to open in defiance of a statewide shutdown said Wednesday that […]
Target in talks to boost its same-day delivery ambitions by buying pieces of startup Deliv
Target is adding to its same-day delivery corps. The retailer is in the process of buying technology assets from the same-day delivery service Deliv, the […]
Frontier Airlines will drop open-seat fee that drew attacks
Frontier Airlines is dropping plans to charge passengers extra to sit next to an empty middle seat after congressional Democrats accused the airline of trying […]