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This Triangle public company received $2.8M in PPP, but faces hurdles ahead
The company says new challenges from the coronavirus pandemic are significantly impacting its business......»»
Market Snapshot: Stock futures sink ahead of U.S. weekly jobless claims
U.S. stock-index futures trade lower as investors await data that’s expected to show the pace of job losses caused by the COVID-19 pandemic have slowed but still likely added millions to the unemployment rolls last week......»»
Pizzuti pushes on with downtown development
Undaunted by the Covid-19 pandemic's impact on the economy, Pizzuti Cos. is forging ahead......»»
How Richmond Fed President Tom Barkin sees the Covid-19 pandemic, what questions are ahead
Tom Barkin, president and CEO of the Federal Reserve Bank of Richmond, shared his latest thoughts on the economy on a Tuesday video call hosted by the Charlotte Regional Business Alliance......»»
Boeing CEO says a U.S. airline will "most likely" fold this year
Boeing Co.’s top executive sees a rocky road ahead for U.S. airlines, saying it’s probable that a major carrier will go out of business as the Covid-19 pandemic keeps passengers off planes......»»
Newport Beach builder pushes ahead to close on 1,000 homes despite pandemic
The California homebuilder, which has purchased two Phoenix-area competitors in the past year, is looking toward building out its own master-planned communities in key parts of the Phoenix market. Here's where he is starting work first......»»
Rash Field’s $17 million revamp is underway, pandemic or not
The multimillion-dollar overhaul of one of Baltimore’s most public-facing waterfront parks is forging ahead, aiming to make better use of the land with amenities catering to families and Baltimoreans. “Nothing has been scaled back,†said Laurie S.....»»
Shanghai Disneyland cast members told to wear face masks and avoid guest contact ahead of next week"s reopening as China emerges from pandemic
Getty Images Shanghai Disneyland will become the first Disney theme park to open its doors to visitors after it was forced to shut down in January because of the coronavirus outbreak. .....»»
Wall Street Week Ahead: U.S. data deluge to underscore divide between roaring market, plunging economy
A week packed with U.S. economic data is likely to provide investors with more evidence of the extent to which the coronavirus pandemic has hit growth, sharpening the debate on whether a rebound in stocks has been justified amid an unprecedented slowdown......»»
U.S., China trade officials press ahead with "Phase 1" deal as Trump mulls termination
Top U.S. and Chinese trade representatives played down deep differences over the economic wreckage of the coronavirus pandemic and said they would press ahead with implementing their "Phase 1" trade deal after an overnight phone call......»»
Need to Know: Hedge fund manager lays out his two best investments for a post-pandemic inflationary world
Friday’s jobs data is going to be grim, and it may only be a taste of what’s coming, even if markets are choosing to overlook bad news right now. Our call of the day says years of pain are ahead, but that’s not the end of the world for stocks......»»
Siemens sees bigger hit from coronavirus impact coming as second-quarter profit plunges
Siemens on Friday said it expected "even stronger impacts" from the coronavirus pandemic in the weeks ahead as it ditched its 2020 guidance and posted an 18% drop in industrial profit during its second quarter......»»
Work on The Wharf"s next phase remains full speed ahead despite the pandemic
There's plenty of space for workers to keep their distance......»»
Buffett and Bondholders Are Now Oxy’s Priorities
The oil exploration company put its balance sheet on the line just ahead of a price crash and a pandemic. .....»»
Uber’s Newest Wave of Cost-Cutting Measures Ahead of Earnings
Uber announced Wednesday that it plans to take more actions to cut costs in regards to the COVID-19 pandemic, including layoffs and executive pay cuts......»»
Britain"s mid-sized banks coping with coronavirus, but warn of pain ahead
A slew of Britain's mid-sized banks on Wednesday reported steady deposits and demand in the face of the COVID-19 pandemic, but warned it was too early to assess the long-term damage of the outbreak to their businesses......»»
Mecklenburg officials, business leaders hammer out details around how reopening businesses might work
Charlotte area business, health care and civic leaders on Monday looked ahead to the expected reopening of malls and other stores with an eye on what consumers and employers should expect. The novel coronavirus pandemic led to government-mandated .....»»
Closed Parks Weigh on Disney Stock Ahead of Earnings
Walt Disney has been hit hard by the coronavirus pandemic. So expectations are muted, with the company set to report second-quarter earnings Tuesday......»»
Questions Pandemic IG Nominee Brian Miller Must Answer
Ahead of the Senate Banking Committee nomination hearing for Brian Miller to be Special Inspector General for Pandemic Recovery for the U.S. Department of the Treasury, governm.....»»
Open a new restaurant during a pandemic? Covid-19 couldn’t stop this local entrepreneur
Despite the Covid-19 crisis, Aaron Anderson charged ahead with plans to open five Philadelphia franchise locations of an Atlanta-based restaurant......»»