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PepsiCo warned on Tuesday surging demand for Lays and Doritos would only partially offset a hit to business in the second quarter from coronavirus lockdowns that have shuttered restaurants, theaters and sports venues key for its soda sales. The company said it had seen an increase in consumers making breakfast and snacking during the day …
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Fashion fans can now get their fix virtually. Carine Roitfeld is retooling her CR Runway fashion show in the time of the coronavirus pandemic, and will hold a special digital catwalk extravaganza on May 1 with the help of numerous celebrities and models. Hosted by Derek Blasberg, the second annual fashion show — officially dubbed …
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The feds plan to audit all large coronavirus relief loans amid an outcry over big companies getting help at the expense of struggling small businesses. The US Small Business Administration will review all Paycheck Protection Program loans worth more than $2 million before forgiving the debt, Treasury Secretary Steven Mnuchin said Tuesday. Loans from the …
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US stocks rose again Tuesday as Wall Street held onto hopes that the global economy may soon emerge from its coronavirus-induced coma. The Dow Jones industrial average climbed as much as 378.46 points, or 1.5 percent, to 24,512.20, putting the blue-chip index on pace for its fifth straight day of gains. The S&P 500 and …
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Pig farmers are reportedly killing piglets and giving sows abortions as the coronavirus crisis upends the American meat industry. Some farmers have resorted to such measures as they run low on space to house their livestock now that the pandemic has shut down about 20 processing plants and slaughterhouses in North America, according to Reuters. …
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Dr. Anthony Fauci gave high marks to Brad Pitt for his portrayal of the infectious disease expert on “Saturday Night Live At Home,” according to a report. “I think he did great. I’m a great fan of Brad Pitt, and that’s the reason why when people ask me who I would like to play me, …
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Nick Cordero has developed an infection in his lungs that went into his blood, his wife, Amanda Kloots, revealed Tuesday in the latest update on her husband’s coronavirus battle. The Broadway actor, who has been hospitalized since early April and had his right leg amputated because of complications stemming from the virus, was also given …
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The feds are concerned that Zoom’s security flaws could make the popular videoconferencing platform vulnerable to foreign spies, a new report says. An intelligence analysis from the Department of Homeland Security found that Zoom’s explosive growth and its well known security problems make it a “target-rich environment” for government spy services and other hackers, ABC …
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Nathan’s Famous has joined the slew of companies returning small-business loans amid an outcry over big firms getting coronavirus aid. The storied Coney Island hot dog brand plans to return the $1.2 million loan it received through the Paycheck Protection Program meant to help Main Street merchants cover payroll and other expenses during the pandemic. …
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Texas Governor Greg Abbott said Monday that he will allow the state’s economy to reopen in stages beginning Friday, when his stay-at-home order expires. “Now more than ever, Texans must remain committed to safe distancing practices that reduce the spread of Covid-19, and we must continue to rely on doctors and data to provide us …
PepsiCo warned on Tuesday surging demand for Lays and Doritos would only partially offset a hit to business in the second quarter from coronavirus lockdowns that have shuttered restaurants, theaters and sports venues key for its soda sales. The company said it had seen an increase in consumers making breakfast and snacking during the day …
