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| Las Vegas is reopening in one week (CNN) — Detailed housekeeping checklists. Half-empty casinos. Reservations-only dining. No shows, nightclubs or sporting events. These are just some of the realities that travelers can expect when Las Vegas reopens for tourist traffic next week. Put simply ... | |
| Transcript: The Path Forward: The Food Industry The Path Forward: The Food Industry. MR. CAPEHART: Good afternoon. I'm Jonathan Capehart, opinion writer for The Washington Post. Thanks, everyone, for tuning into this Washington Post Live as we continue our Path Forward series today with the ... | |
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| Will coronavirus change America's jobless stigma? More than 21 million people in the US - roughly one in six workers - are now receiving unemployment benefits amid the economic havoc triggered by the pandemic. The dramatic numbers, a sign of the steep job losses triggered by the virus lockdown, are not ... | |
| Dollar Stores' Big Push To Sell More Groceries Is Paying Off Business is booming at the nation's largest dollar-store chain and it's due in no small part to America's growing appetite for groceries under shutdown. Revenue at Dollar General leapt 27% during its latest quarter as the chain of 16,000 stores added more ... | |
| Popeyes US same-store sales soar more than 40% Popeyes Louisiana Kitchen's same-store sales soared more than 40%, as of the third full week of May. Tim Hortons' and Burger King's domestic same-store sales remain negative but have shown improvement since the second half of March. Fast-food ... | |
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| US core capital goods orders, shipments tumble in April New orders for key U.S.-made capital goods tumbled in April and shipments declined. The data bolstered expectations that the coronavirus crisis will lead to the deepest economic contraction in the second quarter since the Great Depression. Orders for ... | |
| Mortgage rates hit all-time lows With mortgage rates tumbling to new lows, some are beginning to wonder just how far they will continue to fall. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average sank to a record-low 3.15 percent with an average ... | |
| UPDATE 1-Irving Oil to buy Come-by-Chance refinery owner (Adds background on refinery). May 28 (Reuters) - Canada-based oil refinery operator Irving Oil said on Thursday it has agreed to buy North Atlantic Refining Corp, the owner of the Come-by-Chance refinery in Newfoundland. Irving will buy its network of retail ... | |
| Uber Defends Sending Thousands Of JUMP Bikes To The Scrapheap Uber has defended its decision to send thousands of JUMP electric bikes and scooters to a scrapheap instead of donating or selling them after Lime acquired the e-bike business earlier this month, and as people look for alternative methods of transportation ... | |
| 41 Million Have Lost Jobs Since Virus Hit, but Layoffs Slow WASHINGTON (AP) — Roughly 2.1 million people applied for U.S. unemployment benefits last week, a sign that companies are still slashing jobs in the face of a deep recession even as more businesses reopen and rehire some laid-off employees. About 41 ... | |
| EasyJet, American Airlines to Slash Workforce Amid Pandemic By DANICA KIRKA, Associated Press. LONDON (AP) — European budget carrier easyJet and American Airlines both plan to cut large parts of their workforces as the global aviation industry struggles to cope with a near total halt to travel amid the COVID-19 ... | |
| Why Hertz Stock Just Dropped 12% Investors in Hertz Global Holdings (NYSE:HTZ), which filed for Chapter 11 on Friday but then doubled its share price on Wednesday, are getting thrown for another loop this morning. In early trading -- at 10:10 a.m. EDT -- Hertz stock is down 12.2% on news ... | |
| Oil futures remain lower after rise in crude inventories Oil futures remained lower Thursday after government data showed an unexpected rise in U.S. crude inventories. The Energy Information Administration said inventories rose 7.9 million barrels in the week ended May 22. Oil had been under pressure after the ... | |
| 3 Things We Learned From Warren Buffett's Q1 Moves When it comes to all-time investing greats, Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett regularly finds his way toward the top of the list. Despite being par for the course relative to the benchmark S&P 500 over the past decade, ... | |
| Why Triumph Group Stock Rocketed 45% Higher Today Shares of aerospace company Triumph Group (NYSE:TGI) skyrocketed at the start of trading on Thursday, rising by nearly 45% in early action. The stock was still up by roughly 33% at 10:30 a.m. EDT today. This big gain comes just a day after the stock rose ... | |
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| China's Cash Cow—How Hong Kong Bankrolls the Mainland A U.S. decision that Hong Kong's autonomy has been curtailed raises questions about how Washington will treat the city in the future, and about its standing as a global financial hub. Here's what's at stake for China. When Hong Kong was transferred to ... | |
| Necco wafers returning to shelves this summer After a nearly two-year hiatus, Necco wafers are returning to store shelves this summer, Spangler Candy Co. announced Thursday. The Ohio-based company released a list of 32 retailers that will carry the nostalgic treats starting in June and July, including ... | |
| Nissan Officially Previews New Z, 11 Other New Models in Video Nissan has had a difficult few years, and the best way to look to the future is with exciting new products. That's why the company is now giving us the first official look at next-generation Z sports car. Seen in a video along with several other new products set to ... | |
| "Large pools of talent": Mark Zuckerberg touts remote-work plan After announcing that Facebook will move toward more working from home, Mark Zuckerberg has detailed why the plan will work in his company's favor. "The biggest advantages I think are access to large pools of talent who don't live around the big cities and ... | |
| Popular local burger chain to close up shop after 6 years Another restaurant will call it quits this week, again partially due to the coronavirus pandemic. Bernie's Burger Bus, a popular food truck-turned-restaurant, will close May 31. The restaurant has locations in Bellaire, Katy, the Heights and Missouri City — all but ... | |
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| Ford develops coronavirus-killing software for cop cars Some sport utility vehicles are now being turned into germ-killing machines to protect those who ride in them. Ford said it has developed a procedure to superheat the interior of some police SUVs, to essentially bake off the coronavirus when no people are ... | |
| Boeing, Suppliers Advance on Restart of 737 Max Production Boeing Co. and its suppliers climbed as the planemaker resumed production of the 737 Max jetliner while working with regulators to end a yearlong global grounding. Output of the Max resumed at a low rate as employees focused on improving quality and ... | |
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| Fitch Ratings Plans to Withdraw Lexmark's Ratings Fitch Ratings-Chicago-28 May 2020: Fitch Ratings plans to withdraw the ratings on Lexmark International II, LLC and Lexmark International Inc. on or about June 29, 2020 (approximately 30 days from the date of this release) for commercial reasons. | |
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| "COVID secure": stepping safely out of lockdown Lockdown has been an anxious time for everyone. So the prospect of an easing of restrictions, including a possible return to the workplace, should be welcomed. Yet many employees, and their employers, are uncertain about what their post-lockdown ... | |
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