The COVID-19 vaccine candidates developed by Moderna Inc. and BioNTech and Pfizer Inc. will require strict standards for cooling, and that may hinder how they are distributed to the hundreds of millions of Americans who expect to receive them. Shares of Modern MRNA, -3.54% were 3.6% lower in trading on …
Read More »US economy plunged 31.7% year-on-year in second quarter
BALTIMORE (AP) – The U.S. economy shrank in April-June with an alarming annual rate of 31.7% as it struggled under the weight of the viral pandemic, the government estimated Thursday. It was the sharpest four-year drop on record. The Department of Commerce downgraded its previous estimate of U.S. gross domestic …
Read More »US unemployment rises for the second week in a row one million over | Company
One million people filed for unemployment benefits in the U.S. last week because the coronavirus pandemic remained a historic toll on the job market. It was the second week in a row that claims passed the million mark after they dipped briefly below that figure in early August. New applications …
Read More »Starbucks to Vote for Employees and Customers to Vote on Election Day
Starbucks said Thursday that it will ensure its baristas do not have to choose between working and voting as part of a non-partisan push to increase turnout on election day despite the coronavirus pandemic. The coffee chain has long advocated for its employees and customers to exercise civic engagement and …
Read More »Lord & Taylor closes all its stores after 194 years in business
“While we still have several opportunities, we believe it is prudent to put the rest of the stores into liquidation at the same time to maximize the value of the inventory for the estate while pursuing options for the company’s brands,” “Ed Kremer, Lord & Taylor’s chief restructuring officer, said …
Read More »