The small business loans are considered an integral part of the $2 trillion government pandemic stimulus efforts since companies with less than 500 employees comprise nearly 50 percent of the American workforce.
The temporary layoffs will impact about 6,000 employees at Under Armour’s full-price and discount outlet stores, and about 600 workers at its U.S. distribution centers. The changes take effect on April 12.
The retail giant also encouraged shoppers to practice social distancing.
E-commerce giant expects potential negative sales impact of $100 million, Reuters reported.
Small business expert Gene Marks explains how small business owners can get the new SBA loans amid the coronavirus crisis. Brownie Points CEO Lisa King admits her company will need a loan because of the significant impact its felt during the pandemic.
The FDA-approved masks are desperately needed by health care employees working to combat the coronavirus pandemic in the U.S.
The company will review local conditions for each Apple facility and will follow guidance from local governments
Target will supply all team members in stores and distribution centers with face masks and gloves within the next two weeks.
Lowe's will raise hourly wages and extend paid sick leave to all of its employees.
There are about 340 COVID-19 cases in the state.
Harley Davidson dealership owner Bob DiFazio argues the $2 trillion coronavirus stimulus package that has been put out to the business world is too little to sustain more than another month or two of business.
Hobby Lobby has come under fire in at least two states for defying new coronavirus-related orders that non-essential businesses be closed.
Hobby Lobby has received two cease-and-desist orders after trying to stay open during the coronavirus. FOX Business’ Grady Trimble with more.
Luckin's board formed a special committee of three independent directors to investigate the matter. It said it has hired law firm Kirkland & Ellis as independent counsel.
Snitches are emerging as enthusiastic allies as cities, states and countries work to enforce directives meant to limit person-to-person contact.
Pennsylvania Liquor Control Board’s e-commerce website is accepting a limited number of online orders per day after shutting down for an extended period of time in March.
The operator reported stronger-than-forecast sales for its latest quarter, which ended Feb. 29, as consumers were starting to stockpile supplies.
Guggenheim Partners Global CIO Scott Minerd provides insight into the markets and investments amid the coronavirus pandemic.
Professor of Food Safety at NC State University Benjamin Chapman gives tip to shopping safely and receiving deliveries during coronavirus.
Stores are now designating shopping times reserved exclusively for the elderly and those with underlying medical conditions.