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Uber Technologies on Thursday for the first time detailed how much it has spent to support its ride-hail drivers and food delivery workers during the coronavirus crisis, which has battered the company and forced it to lay off thousands of employees. The company said in a blog post here it had spent $19 million as …
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Amazon is scheduling its annual Prime Day shopping event for September and allowing unlimited shipments of non-essential goods to warehouses, the Wall Street Journal reported on Thursday, citing people familiar with the matter. The latter move will allow the company to lay the groundwork for shipments of a wider variety of products, indicating it is …
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Macy’s said on Thursday it could rack up operating losses of up to $1.11 billion in the first quarter, as the department store operator was forced to shut stores due to lockdowns aimed at curbing the spread of the new coronavirus. The health crisis has forced brick-and-mortar retailers to tap credit lines, lay off employees …
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Millions of Americans are missing payments on credit cards and car loans as the coronavirus pandemic squeezes consumers’ wallets, data shows. Nearly 15 million credit cards, or about 3.2 percent of the nation’s accounts, were in “financial hardship” status in April, according to figures from credit-reporting company TransUnion. That means the accounts were frozen, in …
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“Total Bellas” fans won’t have to worry about missing their favorite show because of quarantine restrictions. Nikki and Brie Bella revealed that they are currently in production for Season 7 of the E! show, telling Maria Menounos on Wednesday’s episode of “Better Together with Maria Menounos,” that their crew is back in action. “We all …
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A former Florida state health employee who says she was dismissed from her position for refusing to “manually change data to drum up support for the plan to reopen” had multiple performance issues that led to her removal, according to Florida Department of Health officials. Rebekah Jones, who worked as a data manager for Florida’s …
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A group of GOP senators has begun to push for a coronavirus relief bill with a focus on infrastructure progress, even as others in Senate Republican leadership remain wary of an additional massive spending package. “I want to do infrastructure,” Senator Lindsey Graham (R., S.C.) told CNN on Wednesday. “I told Trump, this is the …
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An additional 2.4 million Americans filed jobless claims during the past week, bringing the total number of unemployed Americans to 38.6 million, or about 23 percent of the workforce. “The hemorrhaging has continued,” Torsten Slok, chief economist for Deutsche Bank Securities, told the New York Times. Stanford University economist Nicholas Bloom has authored a study claiming …
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Talk about meta. “Smash,” the TV series about backstage drama that attracted a rabid but small fanbase when it aired for two seasons on NBC, has inspired an upcoming show that is eyeing a Broadway run. “Smash, A New Musical” is setting its sights on the Great White Way and its mega-watt producing team includes …
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The feds have ordered 300 million doses of a potential coronavirus vaccine from British drugmaker AstraZeneca, officials said Thursday. The company will get up to $1.2 billion from the US Department of Health and Human Services to speed the development and production of the vaccine with the goal of delivering the first doses as early …