Dr. Ed Boyle is trying to keep a brave face for his staff in Bend, Oregon, but revenue has taken a huge hit now that his medical practice can no longer perform elective procedures during the coronavirus shutdown. His wife, Dr. Ida Azul, is in the same boat.
While the restaurant industry sees sales plunge, pizza chains Papa John's and Domino's Pizza are expecting positive same-store sales growth during the first quarter.
Florida's Republican senators took to the airwaves on Tuesday morning to hit China over its handling of the COVID-19 crisis as Ron DeSantis continues to face scrutiny at home over his refusal to issue a statewide shelter-in-place order.
The gains came before the coronavirus shut down much of the economy and the housing market. Now there are forecasts that home values will weaken significantly.
Snap on Tuesday announced the launch of App Stories, which brings the company's popular Stories feature to apps created by third-party software developers.
As majority of Americans practice social distancing due to the rapid spread of coronavirus, supermarkets are seeing a dramatic surge in demand. Sales of items such as beans, meat and pasta have doubled and tripled, and consequently supermarkets are struggling to keep up. Images of empty aisles and customers hoarding have had people concerned that the country will run out of food. However, industry experts say the supply chain is intact and that running out of food is highly unlikely.
Fiat Chrysler will temporarily defer the salaries of its white-collar workers by 20% for the next three months as the automaker attempts to save cash to weather the coronavirus crisis.
Trump's remarks came a day after the White House extended its "social distancing" guidelines through April 30 – weeks after he had previously suggested businesses might be able to reopen.
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