COVID-19

COVID-19 is caused by a coronavirus called SARS-CoV-2. Older adults and people who have severe underlying medical conditions like heart or lung disease or diabetes seem to be at higher risk for developing more serious complications from COVID-19 illness.

Source: cdc.gov

Wayfair, Best Buy Outlooks Suggest Fading Of COVID Nesting Trend
Wayfair, Best Buy Outlooks Suggest Fading Of COVID Nesting Trend
February 25, 2021  |  Retail

The fourth-quarter earnings at two of the country’s largest sellers of home goods and electronics both benefited from the so-called COVID nesting trend, but the...

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TJX Touts Strength Of HomeGoods Unit, Awaits Return Of ‘Revenge Shopper’
TJX Touts Strength Of HomeGoods Unit, Awaits Return Of ‘Revenge Shopper’
February 25, 2021  |  Retail

Given that roughly 15 percent, or 690, of TJX Corporation’s off-price retail stores in Europe and Canada are currently still closed due to pandemic restrictions,...

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Gift Cards Become Employee COVID Vaccination Incentives
Gift Cards Become Employee COVID Vaccination Incentives
February 25, 2021  |  Coronavirus

The vaccines are here, and while rolling them out has presented some logistical hurdles across the country, employers have been ramping up efforts to get...

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Berkshire Grey Partners With SPAC Revolution Acceleration Acquisition
Berkshire Grey Partners With SPAC Revolution Acceleration Acquisition
February 24, 2021  |  Partnerships / Acquisitions

Berkshire Grey (BG) has closed a deal with the special purpose acquisition company (SPAC) Revolution Acceleration Acquisition Corp (RAAC) to file a public offering with...

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NY CEOs Support House Dems’ Aim To Pass $1.9 Trillion Relief Package
NY CEOs Support House Dems’ Aim To Pass $1.9 Trillion Relief Package
February 24, 2021  |  Economy

U.S. House Democrats indicated that they plan to approve the Biden administration’s $1.9 trillion coronavirus relief bill on Friday (Feb. 26), while over 150 New...

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Restaurants Embark On A Rocky Road To Recovery
Restaurants Embark On A Rocky Road To Recovery
February 23, 2021  |  Retail

As vaccines roll out across the country, restaurants are beginning to shift away from short-term survival mode and toward their longer-term goals. However, the industry...

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FDIC: Bank Profits Dropped 36.5 Pct In 2020
FDIC: Bank Profits Dropped 36.5 Pct In 2020
February 23, 2021  |  Banking

U.S. bank profits fell 36.5 percent in 2020 compared to the previous year due to the large volume of money set aside to cover potential...

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UK Businesses Face Headwinds From Pandemic And Brexit
UK Businesses Face Headwinds From Pandemic And Brexit
February 23, 2021  |  International

Businesses in the United Kingdom in sectors ranging from pet food to financial services and retail are grappling with challenges stemming from the pandemic and...

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Billions Of Relief Dollars Hang In The Balance For US Restaurants
Billions Of Relief Dollars Hang In The Balance For US Restaurants
February 22, 2021  |  Retail

Earlier this month, the RESTAURANTS Act, which would dedicate $120 billion to restaurant relief, was reintroduced in Congress by a bipartisan group of senators, as...

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