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Another 1.9 million Americans filed for unemployment benefits last week, bringing the total of jobless claims since the coronavirus pandemic began up to 42 million. The level of new claims outpaced the Dow Jones estimate of 1.775 million. However, last week’s new claims were still lower than the previous week’s total, which were revised upwards …
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The nation’s biggest mall operator is suing its largest tenant for not paying rent during the pandemic in what could be the beginning of a torrent of litigation over rent payments. Simon Property is suing the owner of Banana Republic, Old Navy and The Gap for $66 million in back rent and other charges related …
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Nearly 1.9 million Americans applied for unemployment benefits last week as the coronavirus crisis put 42 million people out of work in less than three months, new data show. The weekly figure reported by the US Department of Labor continued its steady decline to fall below 2 million for the first time since mid-March. Yet …
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Luxury giant LVMH is examining the coronavirus pandemic’s impact on its $16.2 billion takeover of Tiffany amid reports that it wants to renegotiate the deal. The Paris-based conglomerate’s board of directors discussed this week how the virus crisis could affect Tiffany’s “results and perspectives” in relation to the companies’ November acquisition deal, LVMH said Thursday. …
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“Saturday Night Live” cast member Chris Redd has launched a fundraiser to provide COVID-19 testing and treatment for those participating in protests over the death of George Floyd. Redd announced the GoFundMe campaign on Twitter. “COVID19 protest relief is live!! Give if you can, share if it’s in your heart!! #BlackLivesMatter and more to come!!,” …
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Halima Aden wants to help those who wear hijabs and turbans protect themselves during the COVID-19 pandemic. The Somali-American model, 22, has teamed up with mask-making startup Anywear and Allure magazine to create a capsule collection of simple hijabs and turbans that are compatible with face coverings to protect from coronavirus. Each hijab set costs …
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Chris Trousdale, a former member of short-lived boy band Dream Street, has died following a battle with COVID-19. He was 34. TMZ, who is reporting the news, says Trousdale died Tuesday in a hospital in Burbank, Calif., of complications from the coronavirus, according to a family member. “Chris left this earth at 8:44 pm yesterday …
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MLB rejected the Players Association’s proposal for a 114-game season and is building internal consensus around implementing a season of roughly 50 games for full prorated play for players, unless the players are willing to play around 82 games at less than that, sources told The Post. The union on Sunday made a counterproposal to …
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A study that cited worldwide hospital data to warn of higher risks of death and heart problems with taking the antimalarial drug hydroxychloroquine to treat coronavirus is now under scrutiny for faking data. The hydroxychloroquine study, published in two of the world’s leading medical journals — the Lancet and the New England Journal of Medicine …
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Two large movie theater owners issued dire warnings on Wednesday about their ability to bounce back from the coronavirus. AMC, the nation’s biggest cinema chain, said in a regulatory filing that there’s a “substantial doubt” about its ability to “continue as a going concern for a reasonable period of time.” Companies issue “going concern” warnings …
Another 1.9 million Americans filed for unemployment benefits last week, bringing the total of jobless claims since the coronavirus pandemic began up to 42 million. The level of new claims outpaced the Dow Jones estimate of 1.775 million. However, last week’s new claims were still lower than the previous week’s total, which were revised upwards …
