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Major US automakers are planning to reopen North American factories within two weeks, potentially putting thousands of workers back on the assembly line as part of a gradual return to normality. Fiat Chrysler CEO Mike Manley said on an earnings conference call Tuesday his company plans to start reopening factories May 18, though that depends …
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Gold’s Gym has filed for Chapter 11 bankruptcy after the coronavirus forced it to shut down its workout venues nationwide. The fitness chain stressed that it’s not going out of business even though the crisis forced it to permanently close 30 company-owned locations. The company plans to work through the restructuring process by Aug. 1 …
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Small businesses in Brooklyn have a new chance to score a coronavirus loan — and they won’t have to negotiate the US government’s Paycheck Protection Program to get it. Starting Tuesday, the Brooklyn Chamber of Commerce will give out loans of up to $30,000 to any shop owner who has been hurt by the pandemic …
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Carl Icahn’s rental car company Hertz Global Holdings has roughly three weeks to prove it can stave off bankruptcy, the company said on Tuesday. In a regulatory filing, the car rental behemoth said lenders have given it until May 22 to develop a viable financial structure that “better reflects the economic impact of the coronavirus.” …
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Miley Cyrus is relying on technology to stay in touch with family members while isolating amid the coronavirus pandemic. “My mom and I pretty much FaceTime from the minute I’m awake until I’m asleep,” she recently told WSJ. magazine. “I love that she has nothing to do; so she has to just sit with me …
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The Domain mall in Austin, Texas, is open for business — unlike most of its 100 upscale shops – as the state entered its first work week of eased pandemic restrictions in the hopes of rekindling the economy. A dozen or so people were strolling about the sprawling open-air shopping center Monday afternoon, with three …
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President Barack Obama and Michelle Obama will headline “Dear Class of 2020,” YouTube Originals’ virtual commencement event to celebrate graduates worldwide. The multi-hour event premieres Saturday, June 6, on YouTube. BTS and Lady Gaga also are among the commencement speakers, with special appearances by Alicia Keys, Kelly Rowland, Kerry Washington, Chloe x Halle and Zendaya, …
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Dave Greenfield, keyboard player for UK punk group The Stranglers, has died of complications caused by the coronavirus. He was 71. Greenfield tested positive for COVID-19 on April 26 and was subsequently admitted to a hospital for heart issues, but perished due to the virus a week later. “On the evening of Sunday May 3rd …
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California has borrowed nearly $350 million in federal funding to pay for surging unemployment claims amid the coronavirus pandemic, the first state to do so. A Treasury Department spokesman told the Wall Street Journal on Monday that the state had already begun to access its pre-approved $10 billion loan for paying unemployment through the end …
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The researcher who developed a model predicting a steep surge in the country’s coronavirus cases and deaths has said that he was not aware that his work, which “was not in any way intended to be a forecast,” had been drafted into a government report. The data, first reported on Monday, warned that the U.S. …