Neiman Marcus’s attempt to manage crushing debt undone by COVID-19
On March 17, about a week after the World Health Organization declared COVID-19 a pandemic, Neiman Marcus Group had no choice but to close its 67...
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Britain heading for a limited easing of lockdown next week
Posted by Reuters | May 7, 2020 | domesticNews, Reuters: UK |
Prime Minister Boris Johnson will announce a very limited easing of Britain’s coronavirus lockdown next week, adopting a cautious approach to try to ensure there is no second peak of infections that could further hurt the...
Read MoreGovernment aid for Brazil’s airlines shrinks, while Panama’s Copa shrugs off bailout
Posted by Reuters | May 7, 2020 | World News |
Stress has been mounting for Latin American airlines as carriers brace for a slow recovery from the coronavirus pandemic, but Brazil’s government on Thursday reduced the loan aid available for carriers, while...
Read MoreUber sees rides recovering from coronavirus lows, banks on food-delivery momentum
Posted by Reuters | May 7, 2020 | World News |
Uber Technologies Inc’s ride service bookings slowly recovered in recent weeks as the company expects a coronavirus-related slowdown will delay the goal of becoming profitable by a matter of quarters, not years, Chief...
Read MoreThe great potato giveaway: U.S. farmers hand out spuds to avoid food waste
Posted by Reuters | May 7, 2020 | World News |
When Tina Yates pulled her truck up to a mall in western Washington state on Thursday, workers waved her past hundreds of cars waiting to pick up free russet...
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