Restaurants have so far limped along through the worst of the coronavirus pandemic. But key pillars of support for their businesses will soon evaporate, spelling disaster for the eateries — and their landlords.
"If you have to shelter people, how do you keep them safe during a pandemic?" asked Catherine Troisi, an infectious disease epidemiologist at UTHealth School of Public Health in Houston. "It's enough of a challenge in regular times."
Nordstrom said Tuesday its net sales fell 53% during the second quarter, as its stores took a hit from being temporarily closed during the coronavirus pandemic.
There is a fear that coronavirus cases could continue to surge in the U.S. and that caps on attendance could hinder movie theater revenue once more films are released in September.
General Motors is using salaried employees to fill positions of hourly union workers absent due to coronavirus. GM aims to keep a Missouri truck plant operating as it attempts to refill dealer inventories after the pandemic led to a shutdown for about two months in the spring.
The FDA's decision to issue emergency use for the treatment came a day after President Donald Trump accused the agency of delaying enrollment in clinical trials for Covid-19 vaccines or therapeutics.
Philadelphia 76ers fired coach Brett Brown on Monday, and GM Elton Brand said he's leading the charge to find a new coach, which could include a former franchise foe.
Best Buy is one of the retailers that has benefited from stay-at-home trends during the pandemic, such as working from home and attending school remotely.
The annual fashion show will be allowed to host the world's top designers as scheduled for Sept. 13 to 17, but even outdoor audiences will be capped at 50 people.