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Hertz abandons plan to sell $500 million of ‘worthless’ stock after SEC review

by Troy S. Mason | Jun 18, 2020 | Business News

Hertz halted its plan to sell $500 million in common stock Wednesday pending a review from the Securities and Exchange Commission after the rental car company said the shares “could ultimately be worthless.” The company’s stock stopped trading late in the morning after SEC Chairman Jay Clayton voiced his concerns. “In this particular situation, we […]

Target, Walmart workers and others plan ‘sickout’ protests over coronavirus safety

by Troy S. Mason | May 1, 2020 | Business News

A Target worker in Virginia wearing his own mask, gloves and safety glasses said he felt helpless recently when customers swarmed him as he organized a clearance area. Another Target worker, a cashier in North Carolina, said he welcomed the installation of plexiglass...

Florida governor announces plan to slowly reopen Sunshine State on Monday after coronavirus shutdown

by Troy S. Mason | Apr 30, 2020 | Business News

Florida Gov. Ron DeSantis unveiled a plan Wednesday to lift the state’s stay-at-home orders amid the coronavirus crisis that he called “safe, smart and step by step.” The plan will go into effect Monday in every county except Dade, Palm Beach and...

Trump unveils three-phase plan for states to reopen amid coronavirus pandemic

by Troy S. Mason | Apr 17, 2020 | Business News

President Donald Trump announced federal guidelines to reopen the U.S. on Thursday that put the onus on governors of making decisions about their states’ economies. Trump called the recommendations “the next front in our war, which is called opening up...

Multiple CEOs on Trump’s new council say they were not aware of plan to reopen economy

by Troy S. Mason | Apr 17, 2020 | Business News

Less than 24 hours after having consulted with some of the leading corporate executives in America, President Donald Trump surprised many of them with his action plan to reopen the economy, which he suggested Thursday could begin in some states as soon as...
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