WASHINGTON—U.S. businesses saw limited evidence of a recovery in recent weeks, with economic activity continuing to decline amid the coronavirus pandemic, the Federal Reserve said Wednesday. The labor market continued to deteriorate and consumer ...
(Reuters) - Chevron Corp (CVX.N) will cut 10% to 15% of its worldwide workforce as part of an ongoing restructuring at the second-largest U.S. oil producer. FILE PHOTO: An entrance sign at the Chevron refinery, located near the Houston Ship Channel, ...
If you're one of the almost 66% of Oklahomans who own their own homes, you know that Oklahoma home insurance is on the expensive side. But that doesn't mean you should skimp on your coverage: located in the middle of "Tornado Alley," Oklahoma often ...
The retail industry, in turmoil for years, is facing its biggest test yet as the coronavirus crisis pushes some of the nation's most vulnerable brands to the economic brink. Pandemic-motivated closures and stalling demand left many prominent retailers looking for ...
(Reuters) - MGM Resorts said on Wednesday it would re-open its Las Vegas casinos on June 4 after months of closure due to public health restrictions aimed at curbing the spread of the novel coronavirus. FILE PHOTO: Jul 31, 2019; Orlando, FL, USA; MGM ...
The U.S. division of bakery chain Le Pain Quotidien filed for bankruptcy protection as pandemic restrictions continue to wreak havoc on fast-casual dining chains. The Belgian company's U.S. arm said in court papers it hoped to avert a complete liquidation of ...
Exxon Mobil, one of the largest employers in the Houston area, said Wednesday it has no immediate plans to lay off workers in response to the coronavirus-driven oil bust. The Irving-based oil and gas producer plans to cut operating expenses by 15 percent ...
It may not seem like a good financial report at first glance, but the online-apparel discounter's latest update offers encouraging news for China, apparel, and Vipshop itself. Rick Munarriz. (TMFBreakerRick). May 27, 2020 at 10:44AM. Author Bio. Since 1995 ...
Another big industrial park is in the works north of Fort Worth. An affiliate of Dallas-based Weber & Co. has filed plans for a three-building warehouse complex in Denton County near Interstate 35W in the town of Haslet. The more than 50-acre project is near ...
(Reuters) - Four dealmakers responsible for Carlyle Group Inc's (CG.O) Sub-Saharan Africa Fund are leaving to launch their own firm, Carlyle said on Wednesday, in the latest private equity retreat from the continent. The logo of the Carlyle Group is displayed ...
TECUMSEH, MI – The menu was finalized, the cups were printed and the to-go bags were ready, so why not open a new restaurant in the middle of the global novel coronavirus pandemic? "We couldn't think of a reason why not," Doll n' Burgers co-founder ...
The coronavirus pandemic has closed Northwest Indiana's casinos for months, and they are not allowed to reopen until at least June 14. Blue Chip Casino Hotel Spa, which has furloughed employees, is now saying it will permanently lay off 25% to 60% of its ...
The coronavirus pandemic has turned the world upside down in many ways and affected nearly every aspect of our society. Tens of millions of Americans have lost their jobs, and it's uncertain how long it will be before life returns to some semblance of normal.
U.S. consumer confidence stabilized in May, indicating Americans are optimistic that the economic drubbing from the coronavirus pandemic will be short-lived. The Conference Board's index rose by 0.9 point to 86.6, according to a report issued Tuesday.
Houston-area home sales continued their free fall last week with closings down 29 percent compared with the same week a year ago. Buyers closed on 1,408 homes during the week ending May 25, the Houston Association of Realtors reported Wednesday in ...
Eyeing Gatsby's network effect growth that includes adding customers like Capital One, DraftKings and Impossible Foods—Index Ventures leads new investment round. Gatsby, the modern way to build the web, is announcing a $28 million Series B round of ...
WORCESTER, MASS. (WHDH) - Worcester is monitoring another cluster of coronavirus cases that have emerged at Sam's Club distribution center near the city's Walmart, which was forced to close its doors earlier this month after 81 workers tested positive for ...
Twelve Oaks Mall in Novi will reopen to the public with limited retailers and reduced hours and Great Lakes Crossing Outlets in Auburn Hills will reopen with by-appointment shopping, at 11 a.m. Thursday, May 28 according to press releases from the two ...
GETZVILLE, N.Y. (AP) _ Columbus McKinnon Corp. (CMCO) on Wednesday reported fiscal fourth-quarter net income of $9.2 million. On a per-share basis, the Getzville, New York-based company said it had net income of 39 cents. Earnings, adjusted for ...
A major new contract is breathing some life into Thunder Bay's Bombardier plant. The company announced Wednesday the plant will build 28 BiLevel commuter cars, which will be delivered to two transit authorities on the west coast of the U.S.; the ...
Microsoft Corp. is negotiating an investment of as much as $2 billion in billionaire Mukesh Ambani's Jio Platforms Ltd, the digital unit of India's most valuable company, said two people aware of the discussions. "Microsoft has been in discussions with several ...
The guide incorporates the latest information and best practices from the CDC and FDA as restaurants begin to reopen. By National Restaurant Association on May 27, 2020. Facebook · Twitter · LinkedIn · SMS. restaurant reopening. Photograph: Shutterstock.
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