Cheesecake Factory restores pay, brings back furloughed workers
The Cheesecake Factory is moving to make a comeback from its coronavirus-related slowdown.
American stores reluctant to uncover boarded-up windows amid civil unrest, coronavirus
Thin sheets of brown plywood are holding American businesses together.
Trump would sign $1.3T relief package, White House official says
The administration originally wanted the bill to come in closer to $1 trillion.
Pelosi says virus relief talks will resume when GOP agrees to $2.2T price tag: 'We're not budging'
Speaker Nancy Pelosi saying it's fruitless to revive the coronavirus relief negotiations until the GOP agrees to a $2.2 trillion price tag.
MGM resorts lays off 18,000 workers
MGM Resorts is laying off 18,000 furloughed workers, about one-fourth of the company’s pre-pandemic workforce of 68,000, after coronavirus has prevented the rebound of the casino industry.
Fannie, Freddie extend freeze on some foreclosures, evictions amid coronavirus pandemic
The Federal Housing Finance Agency announced Thursday that mortgage giants Fannie Mae and Freddie Mac will extend the freeze on foreclosures and evictions on single-family homes until at least Dec. 31
More US jobs lost to coronavirus pandemic are disappearing permanently
Of the millions of workers furloughed between March and June, 22% have been permanently laid off, according to new payroll data.
Big Lots breaks earnings records as coronavirus spurs discount-shopping
Comparable sales, or those at stores open at least 12 months, climbed 31%, and were strong both in-store and online.
Florida neighbors sought $1.1M in coronavirus relief by pretending to be farmers: feds
A pair of neighbors in Florida is accused of working together to commit an estimated $1.1 million in novel coronavirus-relief fraud by falsely claiming they were farmers, officials recently announced.
Stock futures mostly higher on prospect of interest rates staying low
Investors will monitor income and spending numbers and a consumer sentiment report
Hewlett Packard gets $1B boost from COVID-19 working and schooling from home
Demand for computer notebooks blew away Hewlett-Packard's own expectations.
LG to release an air purifying face mask for 'clean,' 'assisted' breathing
LG Electronics has ambitious plans for coronavirus-related personal protective equipment.
‘Zombie foreclosures’ jump in nearly every state
The uptick is a potential ‘red flag,’ according to experts.
Gap sees quarterly sales rise on online boost for Old Navy & Athleta
Apparel retailer Gap Inc (N:GPS) reported a 13% rise in quarterly comparable sales on Thursday, with shoppers buying Old Navy and Athleta clothing online as its stores remained shut due to the COVID-19 pandemic.
New York City layoffs loom as de Blasio's deadline draws near
Mayor Bill de Blasio may begin notifying employees about impending layoffs next week.
Ready-to-drink, canned cocktails booming with Bacardi
In the advent of canned rosé brands, hard seltzers and now canned cocktails, major alcohol companies like Bacardi are launching pre-mixed canned drinks.
United warns nearly 3,000 pilots could be grounded by October
"It’s important to note that our numbers are based on the current travel demand for the remainder of the year and our anticipated flying schedule, which continues to be fluid with the resurgence of COVID-19 in regions across the U.S.," United's senior vice president of operations Bryan Quigley wrote in a memo to employees.
New Jersey gym owners celebrate reopening date after battle with Gov. Murphy
Atilis Gym co-owners Frank Trumbetti and Ian Smith said Gov. Murphy announcing a reopening date for New Jersey gyms is a step in the right direction.
States launch new push for tax hikes as coronavirus squeezes budgets
State and local governments scrambling to raise money during the economic crisis caused by the coronavirus pandemic continue to look to increase taxes to fill budget holes.
Dow nears breakeven for 2020 as Fed tweaks strategy
New jobless claims were 98,000 less than the week before, though the total since coronavirus lockdowns began is now 58.4 million, nearly 37% of the entire U.S. workforce.


















