by mujair | May 15, 2020 | Business & Finance News
As the owner of a small marketing agency in central Florida, Edith Duran quickly found herself in a difficult spot as the coronavirus pandemic crippled the local businesses she counts as clients. She couldn’t draw her full salary in February, and by March, she was...
by mujair | May 15, 2020 | Business & Finance News
J. Crew and Neiman Marcus were each facing a host of issues before the coronavirus pandemic forced them to close their stores and eventually file for bankruptcy, including trouble adjusting to the rise of e-commerce and a lack of connection with a new generation of...
by mujair | May 15, 2020 | Business & Finance News
The coronavirus pandemic dealt another crushing blow to retailers in April. Now the question is what the sector will look like as the economy reopens — and how much permanent damage has been inflicted. Retail sales fell 16.4 percent last month, the Commerce Department...
by mujair | May 15, 2020 | Business & Finance News
Industrial production surged last month in China more than twice as fast as most economists expected, according to official data released on Friday by the country’s National Bureau of Statistics. But retail sales fell even more sharply than anticipated, while orders...
by mujair | May 15, 2020 | Business & Finance News
In February, Ohio was running a $200 million budget surplus. Then the coronavirus pandemic struck, wiping out the surplus — and then some. Tax revenue plummeted and public health expenses skyrocketed. By the end of April, there was a $777 million hole, a nearly $1...
