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Business news roundup

More than 44 million Americans have filed for unemployment since mid-March.  CNN > A second round of coronavirus infections could cripple the global economy’s recovery. NEW YORK POST > Treasury Secretary Steven Mnuchin told the Senate Small Business Committee that  small businesses will need ...

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Business news roundup

About a third of people say they are using their stimulus checks to pay bills.  MARKETWATCH > A survey of economists suggests a slow economic recovery. FIVETHIRTYEIGHT > CEO pay has topped $12.3M. Can it keep rising post-pandemic?  AP> What to consider if winding ...

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Must employers ensure a safe workplace? A Q&A on workers’ rights

(VadymPastukh / Depositphotos.com)

The coronavirus pandemic has claimed more than 85,000 lives so far in the U.S. with no vaccine or cure in sight. Nevertheless, with stay-at-home orders lifting across the nation and businesses reopening, many employees will be returning to the workplace ...

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‘The new way’: Businesses pivot by selling care packages, virtual events

Theresa Nemetz, founder and chief experience officer of Milwaukee Food & City Tours, organizes care packages on Thursday. Milwaukee Food & City Tours can't load up buses of strangers to take them on a tour of Milwaukee, so it's created care packages with local items that can be delivered to customers’ doors." (Mike De Sisti / Milwaukee Journal Sentinel)

The decision for many businesses during the coronavirus pandemic is to pivot or perish. Some business shifts seem like natural moves — restaurants offering takeout, venues livestreaming concerts or retailers scaling up online sales. Businesses that are based around gathering ...

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Business news roundup

Coca-Cola CEO James Quincey said that the economic impact of the coronavirus lockdowns is just starting to begin.  CNBC > Because of coronavirus relief measures, most unemployed workers who can collect unemployment will get benefits that beat what they earned at ...

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A number to know: Big losses coming

$5 billion A number that Ford said its second-quarter operating loss could exceed. READ MORE AT MOTLEY FOOL >

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Business news roundup

Weekly jobless claims hit 3.84 million last week, higher than economist expectations of 3.5 million.  CNBC > Despite an executive order about meat processing, shortages of meat are still projected.  USA TODAY > Small businesses seeking loans through the government’s $2 ...

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Be smart and safe about reopening your small business

(claudiodivizia / Depositphotos.com)

When you will be able to reopen, of course, depends on a variety of factors: your locale's rules; the impact of the coronavirus in your are;a and, not insignificantly, the willingness of your customers to head out and into stores and businesses again.

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