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Month: April 2020

Macy’s Plans to Reopen All of Its 775 Stores in 6 to 8 Weeks

April 30, 2020 John L Leibiska

The chain’s plans also brought into sharper focus what the pandemic-era shopping experience may look like. Source link

Economy Newsbusiness, economy, marketsLeave a comment

Major doubles down on turnaround times

April 30, 2020 John L Leibiska

Group adjusts “key focus” and welcomes any feedback from broker channel on where it can do better Source link

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Bank announces sweeping mortgage changes

April 30, 2020 John L Leibiska

Around 80% of borrowers stand to be positively impacted by lender’s efforts to simplify customer experience Source link

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Loan books at big four come to a standstill

April 30, 2020 John L Leibiska

Just one major able to grow its portfolio over the last month, according to APRA’s most recent data Source link

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Coronavirus Live Updates: As Federal Guidelines Expire, States Struggle to Reopen

April 30, 2020 John L Leibiska

More than 30 million people have filed for unemployment in the last six weeks. Some beaches are ordered closed in California, and New York City’s subway will stop running for a few hours each night for cleaning. Dr. Fauci says he is optimistic that a vaccine could be available as early as January. Source link

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Your unemployment questions, answered

April 30, 2020 John L Leibiska

U.S. jobless claims have exceeded 30 million since the coronavirus outbreak hit the country, wiping out a decade of job gains and sending many Americans scrambling to find work and cash in on… Source link

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American Airlines posts $2.2 billion loss on pandemic, first since bankruptcy exit

April 30, 2020 John L Leibiska

American Airlines on Thursday posted a $2.2 billion net loss, its first quarterly loss since emerging from bankruptcy in 2013, and warned of a roughly $70 million per day cash burn in the second quarter as the coronavirus pandemic halts travel. Source link

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Coronavirus latest: Corporate results and economic data reveal scale of Covid-19 blow

April 30, 2020 John L Leibiska

Coronavirus latest: Corporate results and economic data reveal scale of Covid-19 blow Source link

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Food Lines a Mile Long in America’s Second-Wealthiest State

April 30, 2020 John L Leibiska

“We’ve never had to rely on anyone else,” said one food bank visitor. But now, pushed to the edge of hunger, many unemployed New Jersey residents are asking for help for the first time. Source link

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Markets in Asia Rise After Wall Street Rally: Live Updates

April 30, 2020 John L Leibiska

The latest on stock market and business news during the coronavirus outbreak. Source link

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