DC mayor announces millions of dollars in funding relief for business community and expanded COVID-19 testing
Millions of dollars in financial help is giving some hope to the struggling business community within the District.
Starbucks to give raises to all US store employees
All Starbucks baristas, supervisors and cafe attendants in the U.S. will receive an increase of at least 10%, according to a company spokesperson.
Student loan payments set to resume Jan. 1, 2021 — here’s what you need to know
For millions of student loan borrowers who have benefited from payment relief during the coronavirus pandemic, the payments will resume beginning Jan. 1, 2021.
Amazon opens online pharmacy
Now at Amazon.com: insulin and inhalers.
Black Friday shopping being ‘reinvented’ by major retailers amid COVID-19
Black Friday will look differently this year amid the COVID-19 pandemic.
Stocks rally on news that second COVID-19 vaccine shows promise
Stocks are rallying again Monday, with the S&P 500 adding more to its record high and the Dow Jones Industrial Average on track to erase the last of its pandemic losses, following another round of encouraging data on a possible coronavirus vaccine.
Third annual DMV Black Restaurant Week underway
DMV Black Restaurant Week has begun – and through Sunday you’ll be able to take advantage of some great deals for a great cause.
Stocks close at record high despite Trump's refusal to concede in 2020 election
A huge fear for Wall Street coming into this month was a contested U.S. presidential election, one that could drag the market through more painful uncertainty.
DMV small business owners prepare for a different kind of holiday shopping season amid pandemic
Holiday shopping is just one more thing the pandemic has turned upside down this year.
Oprah picks all Black-owned or led businesses for 2020 ‘favorite things’
Oprah Winfrey's 2020 favorite things has a twist this year.
U.S. bankruptcy court approves sale of J.C. Penney
The U.S. Bankruptcy Court for the Southern District of Texas approved a purchase agreement that has substantially all of J.C. Penney’s retail and operating assets acquired by Brookfield Asset Management Inc. and Simon Property Group through a combination of cash and new term loan debt.
Stocks surge on Wall Street amid vaccine news, US election outcome
The Dow Jones Industrial Average surged 1,500 points, or 5.4%, in early trading Monday and the S&P 500 jumped 3.7% after drugmaker Pfizer said early data show its coronavirus vaccine looks highly effective.
Trader Joe's discloses coronavirus infection rates after report highlights grocer risk
Trader Joe's has disclosed the COVID-19 infection rate among its employees, addressing rising concern over a recent survey that revealed a number of grocery store workers at a Boston market had the disease without showing symptoms.
Historic Speed Unlimited closing
Another iconic D.C. area business is closing its doors in the era of COVID-19.
Speed Unlimited closing after over five decades
A well-known family business - Speed Unlimited - is closing after 53 years.
Wall Street rallies again as stocks ride post-2020 election wave
Markets are banking on Tuesday's election leading to split control of Congress, which could mean low tax rates, lighter regulation on businesses and other policies that investors like remain the status quo.
Stocks rally after election night slip
Stocks are rallying Wednesday, as investors embrace the upside of more gridlock in Washington, after markets spun through an election night of surprises and sharp swings.
Billions in COVID-19 business loans possibly given to scammers, report says
The Office of Small Business Administration (SBA) Inspector General Michael Ware found that it may have distributed billions of dollars to fraudulent businesses claiming financial distress due to the COVID-19 pandemic, according to a report.
Facebook, Twitter, Google CEOs get earful on bias, warning of new limits
With next week’s election looming, the CEOs of Twitter, Facebook and Google are being scolded by Republicans at a Senate hearing for alleged anti-conservative bias in the companies’ social media platforms.
Stocks plunge as COVID-19 cases surge in US
The stock market had its worst day in a month as virus cases surge and help for the economy from Washington remains nowhere in sight.