Howard Schultz warns 30% of small businesses at risk of closing for good without more help

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Howard Schultz warns 30% of small businesses at risk of closing for good without more help

Howard Schultz said Monday he worries that many small restaurants and retailers may struggle to survive the coronavirus economic halt without additional help from the U.S. government. “We must not only flatten the curve of the health crisis but we must …
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Coronavirus: Massachusetts woman accused of assaulting Walmart cashier with cleaning spray

LEICESTER, Mass. — Police officials in Massachusetts are seeking help in identifying a woman who allegedly assaulted a cashier at a Walmart on March 27. >> Coronavirus checklist: 100-plus disinfectants that may kill coronavirus on surfaces. The Leicester …
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Kontoor Brands executives, board take compensation reductions

Top executives at Greensboro-based Kontoor Brands (NYSE: KTB) will take temporary reductions in compensation as one of the precautionary measures being implemented by the company. Kontoor is the parent company of Lee and Wrangler branded …
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First Bank Collapses Amid Coronavirus Woes: More in Store?

The First State Bank based in Barboursville, WV has become the first bank to fail since the coronavirus pandemic spread across the United States. The Federal Deposit Insurance Corporation (FDIC) made this announcement on Friday. The FDIC noted “The …
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Warren Buffett Sells Airline Stocks in An Abrupt Reversal: What Does It Say About the Coronavirus Bear Market?

Berkshire Hathaway (NYSE:BRK.A) (NYSE:BRK.B) has gone from buyer to seller on airline stocks, selling nearly 13 million shares of Delta Air Lines (NYSE:DAL) and 2.3 million shares of Southwest Airlines (NYSE:LUV) in recent days. Airline stocks have …
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