by Silvia Martelli | Aug 16, 2020 | Business & Tech
The UK is on the brink of a youth unemployment crisis: As many as one in four workers aged 16 to 25 could be jobless as the country emerges from the coronavirus lockdown. Young people are disproportionately employed in restaurants, pubs, hotels and leisure centers,...
by Megan Sauer and Xurui Tan | Jul 21, 2020 | Business & Tech, Featured
Kizzy Williams, the owner of Allie B’s Cozy Kitchen, still remembers preparing to open her restaurant six years ago: She scrubbed the stove, stored food and relied on a network of customers and employees to keep her business afloat. Because of the pandemic, she...
by Amy Sokolow | Jul 9, 2020 | Business & Tech, Coronavirus
Countries such as South Korea have curbed the coronavirus by using contact-tracing phone apps, but the U.S. has stalled in its own efforts because of privacy concerns and other hurdles. One of the biggest challenges, experts told a congressional panel this week, is...
by Henry Ren | Jul 2, 2020 | Business & Tech, Economy
Chicago Federal Reserve Bank President Charles Evans called to address racial inequities as Chicago rebuilds its economy from the coronavirus crisis during a Chicago Fed virtual forum Tuesday. “Tragically, the most affected are our most vulnerable neighbors,” Evans...
by Jack Kelly and Anne Snabes | May 15, 2020 | Business & Tech, Featured
As state and local governments across the country begin to ease stay-at-home orders, many companies do not plan to return to business as usual anytime soon. Offices will remain vacant, and business travelers, who spend much of their time in airports and on planes,...
by Anne Snabes | May 5, 2020 | Business & Tech, Featured
Lawmakers put language in the $2.2 trillion CARES Act that will allow businesses to get larger deductions for renovations to the inside of their property, tax experts say. Movie theater chain Cinemark Holdings Inc. and restaurant operators Chipotle Mexican Grill...