May 28, 2020 | Finance
NEW YORK (AP) — The future of the post-pandemic retail economy in the U.S. looks both boxy and digital.The pandemic is dividing the industry into potential winners and losers, with Wall Street looking more favorably at e-commerce retailers and companies with...
May 28, 2020 | Finance
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Thursday related to the national and global response, the work place and the spread of the virus.________________________IMMOBILIZED: Job cuts...
May 28, 2020 | Finance
RICHMOND, Va. (AP) — When registered nurse Amanda Marsh lost her job working from her Virginia home as a health plan medical reviewer late last year, unemployment benefits helped support her family while she looked for work. Those ran out in March, so when she found...
May 28, 2020 | Finance
WASHINGTON (AP) — The U.S. economy shrank at an even faster pace than initially estimated in the first three months of this year with economists continuing to expect a far worse outcome in the current April-June quarter.The Commerce Department reported Thursday that...
May 28, 2020 | Finance
NEW YORK (AP) — Jonathan Karp, who has worked with authors ranging from Sen. Edward Kennedy to Susan Orlean, has been named the new CEO of Simon & Schuster. He replaces Carolyn Reidy, who died two weeks ago.Karp, who joined the company in 2010, most recently...
May 28, 2020 | Finance
CVS Health will try delivering prescriptions with self-driving vehicles in a test that begins next month.The drugstore chain said Thursday that it will partner with the Silicon Valley robotics company Nuro to deliver medicines and other products to customers near a...