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Business

News related to money, including business and finance.

American Airlines to resume full-capacity flights starting July 1 amid coronavirus pandemic

American Airlines to resume full-capacity flights starting July 1 amid coronavirus pandemic

American Airlines announced Friday that the airline will be booking flights to capacity starting July 1.

June 26, 2020 2:32pm EDT
Coronavirus pandemic takes a bite, Chuck E Cheese files for bankruptcy

Coronavirus pandemic takes a bite, Chuck E Cheese files for bankruptcy

“The Chapter 11 process will allow us to strengthen our financial structure as we recover from what has undoubtedly been the most challenging event in our company’s history” said CEO David McKillips in a prepared statement.

June 25, 2020 7:05pm EDT
US inmates got coronavirus relief checks, and IRS wants them back

US inmates got coronavirus relief checks, and IRS wants them back

The legislation authorizing the payments during the pandemic doesn’t specifically exclude jail or prison inmates, and the IRS has refused to say exactly what legal authority it has to retrieve the money.

June 24, 2020 5:08pm EDT
Only 47% of Americans are losing sleep over money despite pandemic: Study

Only 47% of Americans are losing sleep over money despite pandemic: Study

For the 47 percent who are worried about money issues currently, 23 percent said their cause of stress revolved around everyday expenses, which Bankrate noted was down from the 32 percent who said the same last year.

June 24, 2020 8:10am EDT
Coronavirus unemployment benefits set to expire soon — what to do when that happens

Coronavirus unemployment benefits set to expire soon — what to do when that happens

Having a financial plan can help when the clock is counting down on unemployment.

June 23, 2020 8:19pm EDT
Canned meat sales surge as coronavirus pandemic continues

Canned meat sales surge as coronavirus pandemic continues

From Spam to ham, sales of canned meat are reportedly booming.

June 23, 2020 1:27pm EDT
Trump hints at 'generous' second coronavirus stimulus check. Here's how much you could get

Trump hints at 'generous' second coronavirus stimulus check. Here's how much you could get

President Trump signaled Monday that he's open to a second stimulus check for Americans still reeling financially from the coronavirus pandemic and the related economic lockdown.

June 23, 2020 9:47am EDT
Families of former Aunt Jemima ambassadors concerned about rebranding

Families of former Aunt Jemima ambassadors concerned about rebranding

The families of two women who portrayed Quaker Oats' Aunt Jemima expressed concerns about the company's decision to scrap the controversial branding, saying it could erase their family histories.

June 23, 2020 8:28am EDT
Small businesses could receive second PPP loan under new proposal

Small businesses could receive second PPP loan under new proposal

Bill introduction comes as Congress, White House grapple with a fourth coronavirus aid package to help US economy.

June 22, 2020 1:05pm EDT
IRS permits more Americans to tap retirement accounts without penalty

IRS permits more Americans to tap retirement accounts without penalty

IRS permits more Americans to tap retirement accounts without penalty.

June 19, 2020 7:50pm EDT
McDonald’s plans to hire 260,000 workers this summer

McDonald’s plans to hire 260,000 workers this summer

The roles are part of the company’s seasonal hiring effort, with both full- and part-time opportunities.

June 18, 2020 1:18pm EDT
Cream of Wheat parent scrutinizes iconic chef logo after racism complaints

Cream of Wheat parent scrutinizes iconic chef logo after racism complaints

B&G Foods, Inc., the owner of Cream of Wheat, has become the latest company to revisit its branding, following complaints on social media that its century-old logo of a black chef had racist origins.

June 18, 2020 10:35am EDT
Chuck Brown Foundation helping struggling Go-Go bands during pandemic

Chuck Brown Foundation helping struggling Go-Go bands during pandemic

The Chuck Brown Foundation is helping Go-Go bands hit hard during the pandemic.

June 18, 2020 8:14am EDT
Target raising minimum wage to $15 an hour starting July 5, offer one-time $200 bonus to front-line workers

Target raising minimum wage to $15 an hour starting July 5, offer one-time $200 bonus to front-line workers

Target is permanently increasing its minimum wage to $15 an hour beginning July 5. 

June 17, 2020 12:34pm EDT
7-Eleven's Free Slurpee Day canceled, and coronavirus is to blame

7-Eleven's Free Slurpee Day canceled, and coronavirus is to blame

If you were expecting to get a free brain freeze this July 11, too bad.

June 17, 2020 10:30am EDT
Report: Next stimulus package could include $4,000 vacation credit, second check

Report: Next stimulus package could include $4,000 vacation credit, second check

The president brought up the “Explore America” Tax Credit during a White House roundtable last month.

June 17, 2020 1:15am EDT
Businesses ask patrons to waive right to sue if they get ill

Businesses ask patrons to waive right to sue if they get ill

As businesses reopen across the U.S. after coronavirus shutdowns, many are requiring customers and workers to sign forms saying they won’t sue if they catch COVID-19.

June 16, 2020 8:58pm EDT
Target, U.S. Bank, Best Buy to observe Juneteenth holiday

Target, U.S. Bank, Best Buy to observe Juneteenth holiday

Minnesota-based companies Target, U.S. Bank, and Best Buy are both officially recognizing Juneteenth as a company holiday.

June 16, 2020 7:56pm EDT
The Children’s Place looking to close 300 additional stores over next 20 months

The Children’s Place looking to close 300 additional stores over next 20 months

The company made the announcement during a June 11 earnings call.

June 16, 2020 7:11pm EDT
Fed Chairman Jerome Powell warns that long downturn would mean severe damage

Fed Chairman Jerome Powell warns that long downturn would mean severe damage

“The longer the downturn lasts, the greater the potential for longer-term damage from permanent job loss and business closures,” Powell said. “Long periods of unemployment can erode workers’ skills and hurt their job prospects.”

June 16, 2020 7:10pm EDT
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Plan your travel: Metro announces free rides, parking for holidays

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Christmas forecast: Wintry mix, ice possible by Friday in DC, Maryland, Virginia

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