Business

More than three months without being able to open nearly led to the Greenwich Village symbol of pride closing its doors for good, so the owners put out a plea for help — and got plenty of responses

Multiple companies have announced that they will either honor or recognize Juneteenth as a paid holiday for their employees this year, as a sign of support for the Black community.

On the small yellow sticky note that 20-year-old Alex Kearns left on his bedroom door was an ominous message saying to turn on the computer. Daniel Kearns powered up his son’s laptop in their home in Naperville, Ilinois. Within seconds, a four-paragraph letter flashed on the screen. “If you’re reading this, then I am dead,” the note started. It...

Businesses are putting new safety measures in place to reopen while protecting their customers and staff from COVID-19. But those measures come at a price.

Victoria’s Secret parent company L Brands reported Wednesday its third straight quarterly loss and fourth consecutive drop in sales, as its stores were forced shut for most of the period due to the coronavirus pandemic.

How will the coronavirus change how we work? That’s one of the big questions the Bay Area Council posed to CEO’s and other top level executives and their responses offer an interesting perspective on the future of work in Silicon Valley and beyond.

Call it realism or pessimism, but more U.S. employers seem to be recognizing a growing possibility: That many, if not most, of the employees they’ve had to lay off in the face of the coronavirus pandemic may not be returning to their old jobs anytime soon

3.8 million more workers in the U.S. have filed unemployment claims bringing the six week total to more than 30 million.

Retail sales in the United States had a record-breaking fall in the U.S. last month amid the coronavirus pandemic.

At some point, the biggest American companies are going to tell their employees it’s time to leave home and return to work.

Many small business owners say newly introduced federal loan program to ease the hit from coronavirus closings isn’t providing them with the help they desperately need.

A pandemic forcing everyone to stay home could be the perfect moment for online grocery services

Millions of small businesses are expected to apply for a desperately needed rescue loan Friday, a stern test for a banking industry that has had less than a week to prepare for the deluge. Small businesses will be seeking loans from the $349 billion Paycheck Protection Program, which was put in place to help them retain workers and pay bills...

The city of Chicago received roughly 500 complaints about nonessential businesses operating in violation of Gov. J.B. Pritzker’s stay-at-home directive as of Tuesday, according to the Chicago Tribune. “Some complaints are for restaurants, bars, yoga studios, hair salons and other inessential businesses, while some are for businesses such as banks and auto shops that are considered essential,” said Isaac...

Asian stock markets are mixed after Wall Street gained as U.S. legislators wrangled over a proposed $2 trillion virus aid package

The double-barreled approach of a $1 trillion proposed fiscal stimulus program and Federal Reserve policy could help soften the blow of an economic recession and head off a potential financial crisis.

Amazon says it needs to hire 100,000 people across the U.S. to keep up with a crush of orders as the coronavirus spreads and keeps more people at home, shopping online

From shoes and T-shirts to dolls and tote bags, more companies and brands are getting into the business of Black History Month but trying not to leave the impression that African American consumers are important just once a year, according to NBC News.

Barneys New York, which once reigned in the world of high fashion, officially shut down its stores. The iconic department store retailer, founded in 1923, closed up shop on Feb. 23 and more than 700 employees its flagship store on Madison Avenue, its Chelsea location and its outlet at Woodbury Common in Central Valley were expected to lose their jobs….

Deere & Co. had a surprisingly strong first quarter after an extended period in which the tractor and construction equipment maker was bruised by the ongoing trade war between the United States and China. “Farmer confidence, though still subdued, has improved due in part to hopes for a relaxation of trade tensions and higher agricultural exports,” CEO John May said…