Levi's reports solid quarterly earnings, CEO says jeans maker will come out of coronavirus stronger

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Levi's reports solid quarterly earnings, CEO says jeans maker will come out of coronavirus stronger

In any other situation, Levi’s (LEVI) would probably be rewarded for the pretty impressive first quarter it just tossed on the board Tuesday afternoon. Sales beat handily. Inventory fell 7% (always good to see for a retailer when sales are gaining). Earnings beat …
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Coronavirus prompts United Airlines to cut California flights to match demand

Fox Business Briefs: American and United Airlines temporarily suspending over 90 percent of flights to the New York City area, a coronavirus hotspot; Walmart now limiting the number of customers in a store at a time. Get all the latest news on coronavirus and …
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Small Business Aid Program Stretches Agency to Its Limits

Five days after the start of a $349 billion emergency effort to get money into the hands of small businesses, the agency at the heart of the program is emerging as its biggest bottleneck. The Small Business Administration, lightly staffed and working with aging …
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MN Health Commissioner Says COVID-19 Doubling Rate Has Slowed

ST. PAUL — There’s some encouraging news out of the latest COVID-19 update by Minnesota Governor Tim Walz and his cabinet Tuesday. Minnesota Department of Health Commissioner Jan Malcolm says it appears we are making a difference in the fight of …
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Bernanke sees bad year over coronavirus, no quick recovery

Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below. SAN FRANCISCO – The U.S. economy could shrink 30% or more this quarter as stay-at-home orders aimed at slowing the coronavirus …
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