Cuomo administration probed over nursing-home COVID-19 liability immunity
Federal prosecutors in Brooklyn are investigating a push by Gov. Andrew Cuomo's administration to enact broad protections for nursing homes from lawsuits and criminal prosecution early in the Covid-19 pandemic, according to people familiar with the matter.
Nike shows mixed results as layoffs news follows after earnings release
Nike reported net income of $1.4 billion, or 90 cents per share, compared with $847 million, or 53 cents per share, a year ago.
Pandemic keeps delivering profits for FedEx
FedEx has been handling a surge in e-commerce orders during the Covid-19 pandemic as more people shop from home. Executives said Thursday they expected that trend to persist even as vaccines roll out.
NYC film director sells fart for $85, cashing in on NFT craze
A Brooklyn-based film director is simultaneously mocking and attempting to profit off the cryptocurrency craze for non-fungible tokens (NFTs) by selling a year’s worth of fart audio clips recorded in quarantine.
NCAA March Madness 2021 betting expects to see fans open wallets in a big way
March Madness is expected to be the most wagered on sporting event of all time, according to research from PlayUSA.
Here’s how the $10,200 unemployment tax break in Biden's COVID relief plan works
Millions of Americans who collected unemployment aid last year got a welcome tax break in President Biden's $1.9 trillion coronavirus relief plan.
COVID pandemic took US debt to level that may start 'major problems’: Economic research firm founder
Macromavens President Stephanie Pomboy discusses her outlook for the stock market and ecomomy amid more government spending and inflation pressures.
Another 770K Americans filed for unemployment benefits last week
The number of Americans filing for first-time unemployment benefits increased last week to 770,000.
Most CFOs forecast strong US economic recovery from the coronavirus pandemic
Most American CFOs think the U.S. economy is poised for a strong recovery from the coronavirus pandemic nearly one year after the crisis triggered the worst downturn since the Great Depression.
Stimulus check rage possibly driving COVID money violence
According to the American Psychological Association's annual Stress in America survey, nearly 2 in 3 adults (64%) said that money is a significant source of stress in their life, while around half of adults (52%) said they have experienced negative financial impacts due to the pandemic.
Goldman CEO Solomon softens on returning workers to offices
On Wednesday top Goldman Sachs partners met with consultants about plotting a return to the office and how it might include new technology, like Zoom, which allows people more freedom to work remotely as well as in the office.
House extends Covid-19 bankruptcy relief until 2022
In a 399-14 vote, the House passed a bill extending Covid-19 bankruptcy relief provisions originally passed in the CARES Act until March 27, 2022.
LA restaurant cuts padlocks from doors in defiance of city's COVID shutdown orders, declares 'autonomous zone'
A Los Angeles County restaurant has upped the ante with city officials who on Tuesday were granted court authorization to padlock the doors for the establishment’s refusal to comply with COVID shutdown orders.
Will work from home outlast virus? Ford's move suggests yes
It’s a question occupying the minds of millions of employees who have worked from home the past year: Will they still be allowed to work remotely — at least some days — once the pandemic has faded?
Nashville's Grand Ole Opry donates funds to struggling musicians during COVID pandemic
The Grand Ole Opry, after going virtual last year due to the coronavirus pandemic, created a charitable campaign aimed at helping struggling musicians.
Fed holds rates near zero, but lifts growth outlook as US economic recovery strengthens
The Federal Reserve said Wednesday that it would continue holding interest rates near zero and reaffirmed its commitment to other easing policies.
Disneyland to reopen April 30
Disney CEO Bob Chapek praised California state officials on Tuesday for loosening restrictions on theme parks, including Disneyland, that have been shuttered for months during the coronavirus pandemic.
Half of Americans plan to travel this spring as COVID restrictions ease: survey
A recent Tripadvisor survey revealed that 50% of Americans are already planning a trip this spring, an indication that staycations may soon be a thing of the past.
When will the extra $300 in unemployment benefits start?
The extra $300-a-week unemployment benefit included in President Biden's coronavirus relief plan may not arrive until mid-April or later.
Biden tax hikes will 'hurt every single person in this country': Rep. Mace
Rep. Nancy Mace, R-S.C., slammed President Biden's reported tax hike proposal on Wednesday arguing that it would hurt wages and jobs.


















