There were more than a million restaurants in the U.S. at the start of 2020 and while some chains like Chuck E. Cheese have struggled to keep their business afloat, analysts say the back half of the year could see even more bankruptcies.
Director of the CDC Dr. Robert Redfield said that daily new cases still remain high and he'd like to bring that number down below 10,000 new cases per day.
More than 1 million international students come to the United States each year, according to the Institute of International Education. They also contributed almost $45 billion to the U.S. economy in 2018 through spending on retail, dining and transportation. U.S. colleges and universities rely heavily on foreign students for tuition revenue and to fill research roles, and will have to reevaluate their programs if the trend continues.
Department store chain Lord & Taylor is closing two dozen stores for good as it continues to search for a buyer to restructure under Chapter 11 bankruptcy protection.
For a one-time membership fee of $965, customers can get flights for $295 each way. Blade's September promotion sold out of all 250 spots in less than than 24 hours.
President Donald Trump on Wednesday said he was "surprised" to learn about the FDA's hold on granting emergency use for an experimental blood treatment for coronavirus patients.
Dubai state carrier Emirates Airline will serve all of its 143 destinations by the summer of 2021, with the frequency of flights depending on demand, said Chief Operating Officer Adel al-Redha.
Asia Pacific generates about three quarters of global retail growth, and about two thirds of online growth, according to the Bain report, titled "The Future of Retail in Asia-Pacific: How to Thrive at High Speed."
Autos is a "great opportunity" and "great intersection between the technologies we have and the needs of the car companies," Analog Devices CEO Vincent Roche said.