Before the coronavirus lockdowns, Matt Majesky didn’t take much notice of the fees that Grubhub and Uber Eats charged him every time they processed an order for his restaurant, Pierogi Mountain.
But once the lockdowns began, the apps became essentially the only source of business for the barroom restaurant he
AT&T announced on Wednesday that it would bring in the former head of Hulu to lead WarnerMedia, the news and entertainment division that includes HBO, CNN and the Warner Bros. movie studio.
Jason Kilar, the founding chief executive of the streaming platform Hulu, will take over for John Stankey, a
Hundreds of employees have been getting sick or not showing up for work for fear of contracting the virus. Labor unions, which had been largely quiet in their dealings with many of the large meat companies before the pandemic, started to hold regular news conferences to highlight the growing number
The United States recorded its largest monthly deficit in history in April as the government began funneling billions of dollars of stimulus funds to cushion the economy from the coronavirus pandemic.
The Treasury Department said on Tuesday that the
Last November, LVMH Moët Hennessy Louis Vuitton, the world’s largest luxury goods conglomerate, announced plans to acquire Tiffany & Company, the American jeweler founded by Charles Lewis Tiffany in 1837 and famed for its duck egg blue boxes and diamond engagement rings.
The transaction, worth more than $16 billion, was
A Federal Reserve official recommended further government spending to help ensure that the recovery from the pandemic-induced recession was faster — and reached vulnerable populations much more quickly — than those that followed previous deep downturns.
“The hardest lesson from both the Great Depression and the Great Recession is that
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March was a month of head-snapping turns in financial markets: The S&P 500 suffered its worst one-day drop since 1987 before later recording its best three-day run since 1933, oil prices crashed, interest rates plunged and Wall Street’s more esoteric markets seized
Facebook said on Tuesday that it was taking down a network of accounts, groups and pages connected to an antigovernment movement in the United States that encourages violence.
People and groups associated with the decentralized movement, called boogaloo, will be banned from Facebook and Instagram, which it also owns, the
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