CHARLOTTE, N.C. (AP) — A judge approved Chapter 11 bankruptcy plans for North Carolina-based Belk on Wednesday, creating a new infusion of capital and cutting the debt load for the beleaguered departm...
NEW YORK (AP) — The Associated Press on Wednesday named Daisy Veerasingham as its executive vice president and chief operating officer.
The new role, effective immediately, gives her...
CHARLOTTE, N.C. (AP) — Belk, the North Carolina-based department store chain which has catered to generations of shoppers for nearly 190 years, announced Tuesday that it will file for Chapter 11 bankr...
FRANKFURT, Germany (AP) — The European Central Bank is looking at a darkening picture for the economy as infections and deaths surge. With more than a trillion euros of pandemic stimulus still in the...
LONDON (AP) — The crisis facing Britain this winter is depressingly familiar: Stay-at-home orders and empty streets. Hospitals overflowing. A daily toll of many hundreds of coronavirus deaths.
...
DALLAS (AP) — Southwest Airlines is lifting the threat of furloughs or pay cuts for thousands of workers now that U.S. airlines will get up to $15 billion more in taxpayer aid contained in the coronav...
By March 23, Apple had lost $435 billion in market value in about five weeks and many of its retail outlets were shut as the virus pandemic walloped the global economy and stock markets. Meanwhile, a ...
WASHINGTON (AP) — The U.S. economy expanded at a 33.4% annual pace from July through September, the Commerce Department said Tuesday, delivering the last of three estimates on the economy’s third-quar...
NEW YORK (AP) — It would be just a temporary precaution.
When the viral pandemic erupted in March, employees of the small insurance firm Thimble fled their Manhattan offices. CEO Jay...
TAIPEI (Taiwan News) — The number of furloughed workers in Taiwan has dropped to a new eight-month low, with only about 6,000 Taiwanese still taking unpaid leave due to the economic impact of th...
DALLAS (AP) — Southwest Airlines warned nearly 7,000 workers on Thursday that they could lose their jobs unless labor unions accept concessions to help the airline cope with a sharp drop in travel cau...
DALLAS (AP) — Airlines are continuing to pile up billions of dollars in losses as the pandemic causes a massive drop in air travel.
American Airlines said Thursday that it lost $2.4 ...
LONDON (AP) — Mayors representing big cities in northern England have slammed the British government's latest wage support package for employees in businesses that may be ordered to close as part of e...
TAIPEI (Taiwan News) — The number of furloughed workers in Taiwan has increased slightly over the past seven days due mainly to border restrictions put in place by governments around the world i...
The company that runs New York Sports Club and Lucille Roberts gyms filed for bankruptcy protection with COVID-19, still prevalent in man parts of the U.S., gutting membership rolls at fitness compani...
