L.A. Lakers received $4.6 million from federal loan program — but returned it
The Los Angeles Lakers qualified for and received approximately $4.6 million from the government's Paycheck Protection Program, which was established...
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Wyndham Destinations Buys Travel + Leisure From Meredith For $100 Million
The $100 million acquisition shall be funded with money on hand of $35 million paid at closing, with trailing payments...
Hertz abandons plan to sell $500 million of ‘worthless’ stock after SEC review
Hertz halted its plan to sell $500 million in common stock Wednesday pending a review from the Securities and Exchange...
New unemployment claims rise by 1.5 million as stocks drop sharply on coronavirus concerns
More than 1.5 million people filed for unemployment for the first time last week, according to data released Thursday by...
President Trump’s Scottish golf resorts set to get over $1 million in tax relief
AYR, United Kingdom — Scottish golf courses owned by President Donald Trump's businesses stand to benefit from more than a...
Comcast pledges $100 million in effort to battle systemic prejudices in America
Media giant Comcast announced Monday that it is donating $100 million to battle the “complex issue” of systemic racism, sexism...
Unemployment rate falls to 13.3 percent as economy gains surprise 2.5 million jobs despite coronavirus
The U.S. economy gained 2.5 million jobs in May and the unemployment rate dropped to 13.3 percent. That’s down from...
Around 1.8 million Americans filed for first-time unemployment last week, continuing downward trend
Around 1.8 million Americans filed for first-time jobless benefits last week, hinting that the worst could be over for the...
Weekly initial jobless claims hit 2.1 million
More than 2.1 million Americans filed for unemployment benefits for the first time last week, the 10th straight week that...
New weekly figures show almost 40 million people lost their job since the pandemic
Another 2.44 million Americans filed for initial unemployment benefits last week, bringing the total number of people who lost their...
