Business and Financial News : NPR

Elroy Mariano

Business and Financial News : NPR Business and Financial News Find the latest business news with reports on Wall Street, interest rates, banking, companies, and U.S. and world financial markets. Subscribe to the Business Story of the Day podcast. Tom Colicchio is a James Beard Award-winning chef and the lead […]

Business and Financial News : NPR

Business and Financial News Find the latest business news with reports on Wall Street, interest rates, banking, companies, and U.S. and world financial markets. Subscribe to the Business Story of the Day podcast.

Luxury retailer Neiman Marcus has become the first department store to declare bankruptcy during the coronavirus pandemic.

Eric Risberg/AP


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Eric Risberg/AP

A pedestrian walks past a sign in a shop window in Boston on April 28. The coronavirus crisis has shut down much of economy, leaving millions out of work.

Brian Snyder/Reuters


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Brian Snyder/Reuters

Episode 997: Georgia’s Open Question

Lumen Couture / Chelsea Klukas

Kim Kaseta sits at the counter of a Waffle House for breakfast in Atlanta, as Georgia relaxed its Coronavirus pandemic restrictions to allow restaurants to provide limited dine-in service beginning April 27.

Michael Mathes/AFP via Getty Images


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Michael Mathes/AFP via Getty Images

More Americans Are Getting Tested, But Experts Warn Of Second Wave

Facebook CEO Mark Zuckerberg, left, has agreed to submit to a newly formed oversight board, which will examine whether to remove posts from the website.

Mark Lennihan/AP


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Mark Lennihan/AP

An aerial view shows downtown Los Angeles on April 30. U.S. miles driven decreased remarkably quickly in March, and driving slowly started to resume again — while remaining well below typical levels.

Robyn Beck/AFP via Getty Images


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Robyn Beck/AFP via Getty Images

JaBarie Anderson has led more than a hundred haircuts via Zoom in the last few weeks.

Kat Lonsdorf/NPR


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Kat Lonsdorf/NPR

Make That At-Home Trim A Little Less Hairy With A Virtual Salon Visit

The dental practice where Candace Grenier has worked for two decades shut down in mid-March. That’s just before her son, Ryeder, lost his job at an auto body shop.

Seth Franklin


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Seth Franklin

Demand for rides has dropped sharply during the pandemic, exacerbating Uber’s financial woes.

David Paul Morris/Bloomberg via Getty Images


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David Paul Morris/Bloomberg via Getty Images

Fume Bistro owner Terry Letson enters his restaurant in Napa, Calif., on Tuesday. A handful of businesses in Napa have made the decision to begin reopening their dining rooms with occupancy limits

Jessica Christian/The San Francisco Chronicle via Getty Images


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Jessica Christian/The San Francisco Chronicle via Getty Images

As Businesses Reopen, A Fight Is Brewing Over Worker Safety Lawsuits

Michigan’s Republican-led Legislature says Gov. Gretchen Whitmer is overstepping her authority by restricting businesses and other activities in response to the COVID-19 pandemic. Both the governor and the state’s attorney general disagree.

Michigan Office of the Governor/via AP


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Michigan Office of the Governor/via AP

Jose de los Rios works at a Procter & Gamble plant in Mehoopany, Pa., that makes Charmin toilet paper and other products. The factory has been running nonstop in recent weeks.

Procter & Gamble


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Procter & Gamble

The service sector cut 16 million jobs — including 8.6 million in leisure and hospitality — between March and April, ADP said.

Frederic J. Brown/AFP via Getty Images


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Frederic J. Brown/AFP via Getty Images

The new EU economic forecast reflects a total drop of 9 percentage points since last fall’s forecast, as businesses have been shut down or forced to operate at severely limited capacity. Here, a man delivers a butcher shop order in Norena, Spain, on Wednesday.

Alvaro Fuente/NurPhoto via Getty Images


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Alvaro Fuente/NurPhoto via Getty Images

A letter bearing the signature of President Trump was sent to people who received a coronavirus relief payment as part of the CARES Act. Some of those payments went into the bank accounts of dead people.

Chip Somodevilla/Getty Images


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Chip Somodevilla/Getty Images

The IRS Sent Coronavirus Relief Payments To Dead People

In Georgia, Gov. Brian Kemp has authorized the opening of theaters, but Chris Escobar, owner of the Plaza Theatre in Atlanta, won’t be unlocking the doors quite yet. “I’m not forcing my employees to choose between their livelihoods and their lives,” he says.

CJ Swank/Plaza Theatre


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CJ Swank/Plaza Theatre

As Some States Reopen, Theater Owners Are Watching — And Mostly Waiting

President Trump and Rochelle Richardson — better known as Silk in the social media duo Diamond and Silk — hold hands at a February event. Richardson is on the advisory board of Black Voices for Trump.

Nicholas Kamm/AFP via Getty Images


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Nicholas Kamm/AFP via Getty Images

Trump Campaign Reworks Its Pitch To Black Voters After Pandemic Slams Economy

An empty road in Kissimmee, Fla., leads into a Disney resort that’s closed because of the COVID-19 pandemic. “None of us could’ve imagined the suffering and sacrifice that we’re now seeing around the world,” the CEO said on an earnings call.

Daniel Slim /AFP via Getty Images


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Daniel Slim /AFP via Getty Images

Disney Expects Losses ‘As Much As $1.4 Billion’ In 2nd Quarter Of 2020

Airbnb co-founder and CEO Brian Chesky during an event in 2018. On Tuesday, the company announced it is laying off 1,900 employees, or about a quarter its workforce, as the coronavirus rattles the travel industry.

Eric Risberg/AP


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Eric Risberg/AP

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McConnell thinks bankruptcy, not more federal money, might be best for state and local governments

McConnell’s tough words came a day after the Senate approved a $484 billion bill to help small businesses and hospitals respond to the coronavirus outbreak. The measure did not include funds for state and local governments, despite Democrats arguing they are hard hit by the disease and the corresponding economic […]