Unemployment claims totaled 1.48 million last week as unemployment related to the coronavirus pandemic remained stubbornly high, though those who received benefits fell below 20 million for the first time in two months. Economists surveyed by Dow Jones expected 1.35 million claims. While the weekly figures remained high and were …
Read More »Chuck E. Cheese files for Chapter 11 bankruptcy
A sign is placed in front of a Chuck E. Cheese restaurant in Newark, California. Justin Sullivan | fake pictures Chuck E. Cheese’s parent company, CEC Entertainment, said Thursday that it filed for Chapter 11 bankruptcy protection after local closings stemming from the coronavirus pandemic ruined its business. The company, …
Read More »Macy’s to cut 3,900 corporate jobs in restructuring
A person examines Macy’s Inc. department store near Union Square in San Francisco, California, USA. USA, Thursday June 18, 2020. Michael Short | Bloomberg | fake pictures Macy’s announced Thursday that it is laying off 3,900 corporate jobs, or 3% of its total workforce, in a move to cut costs …
Read More »Target Adds Hundreds of Fresh and Frozen Groceries to Sidewalk Pickup
The grocery section of a redesigned Target store in Duarte, California. Origin destiny Customers can soon drive to a nearby Target and pick up fresh and frozen foods like milk and bread, without having to walk down the aisles or park the car. The national retailer said Thursday that it …
Read More »Google will pay some news publishers to license content
The Google logo is seen on January 8, 2020 at the 2020 Consumer Electronics Show (CES) in Las Vegas, Nevada. ROBYN BECK / AFP Google will now pay news publishers directly to license their content, in a change of course for the Internet giant. The company said Thursday it would …
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