March 15, 2021
“President Joe Biden is planning the first major federal tax hike since 1993 to help pay for the long-term economic program designed as a follow-up to his pandemic-relief bill, according to people familiar with the matter. Unlike the $1.9 trillion… Continue Reading…
February 8, 2021
“In a filing with the Securities and Exchange Commission, the company said it bought the bitcoin for “more flexibility to further diversify and maximize returns on our cash.” Tesla also said it will start accepting payments in bitcoin in exchange for… Continue Reading…
August 12, 2020
“The off-price chain Stein Mart announced Wednesday it has filed for Chapter 11 bankruptcy protection and plans to permanently close most, if not all, of its stores, adding to the turmoil in a retail industry that has been hammered by the coronavirus pandemic. … Continue Reading…
July 21, 2020
“Tailored Brands said it is eliminating roughly 20% of its corporate workforce by the end of its fiscal second quarter. It also said it has selected up to 500 stores that it could close “over time.” It did not disclose locations…… Continue Reading…
June 26, 2020
“Office Depot (ODP) – Get Report said it would execute a 1-for-10 reverse stock split after the close of trading June 30. In an April 28 Securities and Exchange Commission filing, the Boca Raton, Fla., chain had said the increased price resulting from the split would… Continue Reading…
June 18, 2020
“AT&T Inc plans to cut more than 3,400 technician and clerical jobs across the country over the next few weeks, the wireless carrier told its main labor union, the Communications Workers of America, on Tuesday. The U.S. telecom and media… Continue Reading…
June 9, 2020
“As the restaurant industry tries to bounce back from the coronavirus pandemic, Dunkin’ is looking to hire 25,000 employees. The coffee chain is launching its first advertising campaign centered on hiring to tout the benefits of working at its restaurants. Dunkin’ said it… Continue Reading…
May 28, 2020
“American Airlines stock fell Thursday after a letter to employees outlining planned job cuts due to the coronavirus surfaced late Wednesday. Delta Air Lines (DAL) is also preparing a round of voluntary job reductions. In the staff letter, American Airlines (AAL) said it would… Continue Reading…
April 17, 2020
“As Covid-19 continues to spread across the US, President Donald Trump has given governors guidance on reopening state economies in the coming months. The guidelines for “Opening up America Again” outline three phases for states to gradually ease their lockdowns.… Continue Reading…
April 14, 2020
“More than 2,100 U.S. cities are anticipating major budget shortfalls this year and many are planning to slash programs and cut staff in response, according to a new survey of local officials released Tuesday… Nearly 9 in 10 cities surveyed… Continue Reading…
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