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The Wall Street Journal: California becomes first state to borrow from U.S. to make unemployment payments
California has become the first state to borrow money from the federal government so it can continue paying out rising claims for unemployment benefits during the coronavirus pandemic......»»
The Wall Street Journal: J.Crew files for bankruptcy protection, reaches debt-swap deal
J.Crew Group Inc., the preppy U.S. retailer that recently fell on hard times, Monday filed for bankruptcy protection, as several high-profile companies in the U.S. battle with the economic and financial impact of the coronavirus pandemic......»»
Tesla tries new tactic to save money after furloughs, pay cuts
As part of further cost-saving measures taken during the COVID-19 pandemic, Tesla Inc. (NASDAQ: TSLA) is reportedly trying to cut deals with its landlords over rent. The Wall Street Journal reports that Palo Alto-based Tesla has been looking for ways.....»»
Tesla: Here We Go Again
On April 14, 2020, the Wall Street Journal reported that Tesla had approached its landlords to ask for .....»»
A hedge fund betting on turbulence raked in a 400% return last quarter as coronavirus sent markets spinning, report says
Bryan R Smith/Reuters California hedge fund LongTail Alpha saw one of its funds post a 156% gain in March, the Wall Street Journal reported, bringing its firs.....»»
The Wall Street Journal: EPA plans to waive some compliance requirements of refiners, utilities amid coronavirus crisis
The Environmental Protection Agency is.....»»
Washington postal worker tests positive for coronavirus, state health officials say there have been four more deaths
A U.S. Postal Service worker in Washington State has tested positive for coronavirus, according to a Wall Street Journal report. A spokesman for the agency says the employee, who worked at the Seattle Network Distribution Center, contracted .....»»
Jeff Bezos has reportedly broken California"s record for the most expensive home sale of all time with his purchase of a $165 million Beverly Hills mansion (AMZN)
Getty Amazon CEO Jeff Bezos has purchased a Beverly Hills mansion for $165 million, according to The Wall Street Journal. The estate was designed for Warner Bros. executive Jack Warner in the 1930s and features its own nine-.....»»
The Wall Street Journal: T-Mobile, Sprint merger could be derailed by California regulators
T-Mobile US Inc. and Sprint Corp. are waiting for a federal judge to rule on whether they can merge, but the companies face another hurdle even if they overcome that legal challenge: the California Public Utilities Commission......»»
The Wall Street Journal: Fairway files for bankruptcy, proposes sale to Village Super Market
Fairway Markets, the iconic New York City grocery chain, filed for bankruptcy protection with a proposal to sell its Manhattan stores to the Village Super Market Inc., a member of the Wakefern Food Corp. cooperative......»»
Two McDonald’s executives allege racial discrimination
The suit was filed on Tuesday in Illinois......»»
The Wall Street Journal: Bankruptcy court sides with PG&E over interest rate on debts
A California bankruptcy court has sided with electric utility PG&E Corp. in its fight with bondholders over the interest rate that it must pay on its debts while under bankruptcy court protection......»»
Portland hotel named in racial discrimination suit
A guest at a Portland hotel is claiming in a lawsuit that she was required to sign a "no-party" pledge because of her race, while white customers were not. Felicia Gonzales filed a lawsuit in Multnomah County Circuit Court against Marriott Internatio.....»»
The Wall Street Journal: China reportedly will lower tariffs on hundreds of products in 2020
China is set to lower tariffs on some imported products from the beginning of 2020, said the state-run Xinhua News Agency on Monday, in a bid to expand imports amid weakening domestic demand......»»
The Wall Street Journal: California bans insurers from dropping policies in wildfire zones
California regulators temporarily banned insurers from refusing to renew home-insurance policies in certain wildfire-prone parts of the state in an effort to halt an insurance-availability crisis......»»
The Wall Street Journal: Huawei files legal challenge to overturn FCC ban on its equipment
Huawei Technologies Co. filed a fresh legal challenge against the U.S., seeking to block a Federal Communications Commission decision last month that further restricts the Chinese telecom giant’s ability to operate there......»»
The Wall Street Journal: PG&E neglected power lines for years before deadly California wildfire, report finds
PG&E Corp. failed to adequately inspect and maintain its transmission lines for years before a faulty line started the deadliest fire in California history, a state investigation has found......»»
African-American and Hispanic former Tesla employees allegedly said they heard racial slurs and were passed over for promotions that went to less-qualified white colleagues at Tesla"s Buffalo factory (TSLA)
Tesla Six African-American and Hispanic former employees at Tesla's factory in Buffalo, New York, have filed discrimination complain.....»»
The Wall Street Journal: California at heightened risk of wildfires, blackouts this week
The National Weather Service issued high-level fire warnings for Southern California on Sunday, while PG&E Corp. warned of more power outages in Northern California where high winds and dry conditions also posed a fire risk......»»