Category: Money

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Inside Bath & Body Works’ plan to prove essential during coronavirus

Inside Bath & Body Works’ plan to prove essential during coronavirus

Essential coronavirus items: milk, bread, sanitizing wipes … and scented candles? Retail giant Bath & Body Works, known for its perfumed [...]
Struggling Grand Central tenants go on rent strike amid coronavirus

Struggling Grand Central tenants go on rent strike amid coronavirus

Grand Central Terminal’s tenants are staging a rent strike. Some 20 retailers located in the posh Manhattan train station fired off coordina [...]
Small business coronavirus bailout funding slated to start this week, but can it?

Small business coronavirus bailout funding slated to start this week, but can it?

Chris Hurn, founder of Fountainhead Commercial Capital, has received 7,400 small business loan requests in the past two weeks, more than his [...]
Big chains poised to scoop up small business coronavirus aid

Big chains poised to scoop up small business coronavirus aid

As the federal government prepares to launch a $349 billion loan program meant to help small businesses survive the coronavirus pandemic, cr [...]
Boeing unveils voluntary layoffs and early retirement packages

Boeing unveils voluntary layoffs and early retirement packages

Boeing Chief Executive Dave Calhoun outlined a plan of voluntary layoffs for employees on Thursday, while warning that the coronavirus pande [...]
Stocks rally on possible truce to end Saudi-Russia oil price war

Stocks rally on possible truce to end Saudi-Russia oil price war

Stocks rallied Thursday as rising oil prices overcame Wall Street’s worries about the coronavirus gutting the US labor market. The Dow Jones [...]
Netflix wins most downloads, but YouTube Kids grabs more hours

Netflix wins most downloads, but YouTube Kids grabs more hours

Netflix led rivals YouTube, Amazon Prime and Disney+ with more than 59 million installs in the first quarter of 2020, but more time was spen [...]
SpaceX forbids workers from using Zoom amid security worries

SpaceX forbids workers from using Zoom amid security worries

Elon Musk’s rocket company SpaceX has banned its employees from using video conferencing app Zoom, citing “significant privacy and security [...]
JPMorgan CEO Jamie Dimon back at work after emergency heart surgery

JPMorgan CEO Jamie Dimon back at work after emergency heart surgery

JPMorgan Chase boss Jamie Dimon is back on the job after recovering from emergency heart surgery in early March. “I have been recuperating w [...]
Stocks plummet again as jobless claims surge amid coronavirus crisis

Stocks plummet again as jobless claims surge amid coronavirus crisis

Stocks sank for the third day in a row on Thursday as a massive spike in US unemployment claims roiled Wall Street. The Dow Jones industria [...]
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