• Disney may not rebound from the pandemic for at least a year

    Disney may not rebound from the pandemic for at least a year

    Disney’s theme parks and movie studios won’t be back in full force until at least the middle of next year, according to a Wall Street analyst’s gloomy prediction. Cowen analyst Doug Creutz said Thursday that Disney’s theme parks and its box office-busting movie division — which includes its namesake studio, Marvel, Pixar and 20th Century …
  • Slack shares drop after Google announces work-related Gmail upgrades

    Slack shares drop after Google announces work-related Gmail upgrades

    Slack shares tanked after Google announced new Gmail features designed to compete with the popular work-messaging app. The search giant announced this week that Gmail for businesses is getting a major upgrade which will see a slew of new features added to the email app. Corporate Gmail users will receive integration for Google Chat, Docs, …
  • US workers file 1.3 million jobless claims as coronavirus total tops 51 million

    US workers file 1.3 million jobless claims as coronavirus total tops 51 million

    Some 1.3 million Americans applied for unemployment benefits last week as the coronavirus pandemic kept the US job market under pressure, new data show. That means workers have submitted more than 51 million initial jobless claims in 17 weeks amid the worst economic crisis since the Great Depression — a number larger than the populations …
  • Navarro Slams Dr. Fauci in Unsanctioned Op-Ed: ‘Wrong About Everything I Have Interacted With Him On’

    Navarro Slams Dr. Fauci in Unsanctioned Op-Ed: ‘Wrong About Everything I Have Interacted With Him On’

    In an op-ed published Wednesday, top White House trade adviser Peter Navarro accused Dr. Anthony Fauci of being “wrong” in virtually all the determinations he made while coordinating the administration’s coronavirus response. “Dr. Anthony Fauci has a good bedside manner with the public, but he has been wrong about everything I have interacted with him …
  • Nom Wah, Chinatown’s oldest eatery, used frozen dumplings to offset pandemic struggles

    Nom Wah, Chinatown’s oldest eatery, used frozen dumplings to offset pandemic struggles

    COVID-19 forced Nom Wah Tea Parlor to chart a new course through its 100th year in business — and it leads straight to your freezer. After the pandemic shuttered the Chinatown dim sum destination, owner Wilson Tang decided to try something new: Freezing Nom Wah’s famous dumplings for patrons to prepare at home. The resealable …
  • YouTuber Jake Paul in hot water over massive California party amid COVID-19 surge

    YouTuber Jake Paul in hot water over massive California party amid COVID-19 surge

    Controversial YouTube star Jake Paul is in the hot seat again, this time for hosting a massive party at his California mansion Saturday — despite renewed COVID-19 restrictions in the Golden State. Wild video footage from the bash posted to social media and later by obtained by FOX 11 in Los Angeles shows dozens of …
  • JCPenney to cut 1,000 jobs, shutter 152 stores

    JCPenney to cut 1,000 jobs, shutter 152 stores

    JCPenney said on Wednesday it would cut about 1,000 jobs and shutter 152 stores as the US department store chain looks to emerge from Chapter 11 protection and the COVID-19 crisis. The layoffs would affect corporate, field management, and international roles and eligible departing employees would receive a severance package. The company is also in …
  • Chipotle to hire 10,000 to staff drive-thru expansion

    Chipotle to hire 10,000 to staff drive-thru expansion

    Chipotle Mexican Grill said on Wednesday it plans to hire as many as 10,000 employees over the next few months to help support the expansion of drive-thru lanes at its restaurants. The COVID-19 pandemic has curtailed dining-in at restaurants across the US, resulting in a surge in online orders. Chipotle intends to cater to this …
  • UnitedHealth profit surged 102 percent — but elective-surgery costs loom

    UnitedHealth profit surged 102 percent — but elective-surgery costs loom

    UnitedHealth Group on Wednesday warned of rising costs later this year as Americans catch up on less urgent surgeries delayed by the coronavirus pandemic but stuck to its full-year forecast after posting a near 102 percent surge in quarterly profit. Shares of UnitedHealth, the first US health insurer to report second quarter results, were down …
  • All Walmarts, Sam’s Clubs to require shoppers wear masks

    All Walmarts, Sam’s Clubs to require shoppers wear masks

    Walmart will require customers to wear face coverings at all of its namesake and Sam’s Club stores, making it the largest retailer to introduce such a policy that has otherwise proven difficult to enforce without state and federal requirements. The company said the policy will go into effect on Monday to allow time to inform …