Taco Bell, Shake Shack and Burger King are among the restaurant chains who have introduced new designs inspired by the pandemic and its impact on consumer behavior. Among the new
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World Bank calls for greater debt relief for poorer countries in wake of Covid-19
The head of the World Bank has called for a more ambitious debt relief plan for poor countries after warning that the Covid-19 recession is turning into a depression in
Continue reading »Thailand’s Only Exchange-Traded School Cuts Enrollment Target
Thailand’s only exchange-listed school operator will fall short of its target enrollment in the new academic year as the coronavirus crimped foreign recruitment, though SISB Pcl has nearly met its
Continue reading »Nike shakes up its executive team to bolster its digital business, announces job cuts
Nike said the changes it is making will lead to a "net loss of jobs across the company," which will result in pretax, one-time employee termination costs of roughly $200
Continue reading »Pfizer-BioNTech potential coronavirus vaccine shows promise in additional data
German biotech firm BioNTech and U.S. drugmaker Pfizer reported additional data from their experimental Covid-19 vaccine that showed it was safe and induced an immune response in patients. The companies
Continue reading »Lawsuit alleges Wendy's franchisee spent $1 million of PPP funding to finance home
A lawsuit alleges that the chief executive of Starboard Group, a large Wendy's operator, diverted $1 million in Paycheck Protection Program loans to finance his home in Montana. Starboard received
Continue reading »Trump says SBA during coronavirus has processed $4.6B+ in small business loans, saving 50M jobs
Trump: Small businesses are now safely reopening President Trump says the U.S. is making thousands of ventilators a week, argues the $670+ billion he approved for the Paycheck Protection Program
Continue reading »Haven’t received your coronavirus stimulus check? IRS says some Americans need to take action
New coronavirus stimulus should incentivize going back to work: Financial planner Doug Flynn of Flynn Zito Capital Management on a new report from the Congressional Budget Office projecting a 10-year
Continue reading »Walmart Offers Addl. $390 Mln Cash Bonuses To Associates
Retail giant Walmart announced more than $390 million special cash bonuses for all U.S. hourly associates, in recognition to their efforts amid the coronavirus or Covid-19 crisis. The bonus will
Continue reading »Will you get a second coronavirus stimulus check? Everything we know so far
Will Congress pass another stimulus package? FOX Business’ Hillary Vaughn says House Democrats are preparing to roll out an additional phase of funding in a CARES Act 2.0 bill that
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