D.C. offering $6,000 grants to restaurants to stay open through winter
Washington, D.C., Mayor Muriel Bowser has announced a grant program to help keep restaurants and stores afloat during the winter months.
Powell and Mnuchin voice optimism but back more economic aid
Federal Reserve Chairman Jerome Powell and Treasury Secretary Steven Mnuchin expressed cautious optimism Tuesday that the U.S. economy is rebounding from the pandemic-induced recession.
Amazon Prime Day has a date
Amazon Prime Day blows away all other shopping days in terms of revenue raked in.
Sizzler restaurant chain files for bankruptcy, says move is a 'direct result' of coronavirus pandemic
Sizzler, the steakhouse chain known for its grilled meats and giant salad bars, filed for bankruptcy Monday after the coronavirus pandemic shuttered its restaurants and strained its finances.
Oregon businesses threaten lawsuit over state's coronavirus response
Three businesses are threatening a lawsuit against the state of Oregon over coronavirus restrictions that they say have led to unemployment.
Online used-car retailer Carvana sees record third quarter as vehicle demand rebounds
Online used-car retailer Carvana Co said it expects record revenue and retail sales in the third quarter due to a strong rebound in demand for vehicles, following easing of lockdown restrictions.
74% of hotels may lay off more workers without Congress stimulus deal: AHLA
Layoffs continue to loom for hotel workers.
CDC: 11,000 may have been exposed to COVID-19 on airplanes
Agency officials believe nearly 11,000 people may have been exposed to one of the 1,600 known cases of people flying while contagious with the virus — despite being unable to confirm a single case of viral transmission on a US plane.
Almost 90% of NYC's restaurants, bars couldn't pay August's rent in full, survey finds
It's a four-point increase over July, the NYC Hospitality Alliance reports.
Coronavirus blamed for historic housing supply shortage
The pandemic has aggravated the housing market’s longstanding lack of supply, creating a historic shortage of homes for sale.
Medicare may not cover coronavirus vaccine costs: report
The program does not cover drugs approved for emergency use.
Small business leaders urge Congress to pass standalone COVID-19 relief package
The standalone package would include a second draw from the Paycheck Protection Program, as well as expedited loan forgiveness and full tax deductibility for PPP recipients.
Beyond Meat to capitalize on plant-based popularity, introduce breakfast sausage in 5,000 new locations
Beyond Meat will introduce its frozen breakfast sausage patties to nearly 5,000 locations, including retail giants Target, Walmart and Kroger, by the end of September.
Dow falls 510 points curbs losses as tech stocks recover
U.S. equity markets got a jolt of volatility but recovered a good portion of Monday’s losses.
Coronavirus unemployment bump did not hurt job market, study finds
Researchers say the extra $600 served as an important source of relief.
US household net worth hits highest level ever
A resurgent stock market and fiscal stimulus propelled the net worth of U.S. households to the highest level ever in the second quarter, despite a record drop in the previous three months caused by an economic shock from the pandemic.
Gucci sells grass-stained jeans, overalls for $1,200 and up
Gucci's grass-stained jeans are presumably for customers with deep pockets who want to pull off a down-to-earth look, without actually getting dirty.
Lufthansa announces more job cuts, fewer jets in service
German airline Lufthansa, already bailed out by the government, says it will have to make more staff cuts and mothball more jumbo jets than originally planned because the outlook for air travel is worse than the company first predicted.
Boeing gearing up for 787 move to South Carolina: sources
Boeing will move the rest of its 787 Dreamliner production to South Carolina in a pivot away from its reliance on its union-heavy Seattle-area birthplace, as well as cut costs and improve efficiencies.
Children’s gymnastics gym in Chicago pivots amid coronavirus pandemic
Adam Stone is a franchisee and his Chicago location has ranked as one of Little Gym’s top performers in regards to enrollment with over 1,000 kids registered. Learn how he's pivoting his business amid the coronavirus pandemic.



















