DMV small business owners prepare for a different kind of holiday shopping season amid pandemic
Holiday shopping is just one more thing the pandemic has turned upside down this year.
Oprah picks all Black-owned or led businesses for 2020 ‘favorite things’
Oprah Winfrey's 2020 favorite things has a twist this year.
U.S. bankruptcy court approves sale of J.C. Penney
The U.S. Bankruptcy Court for the Southern District of Texas approved a purchase agreement that has substantially all of J.C. Penney’s retail and operating assets acquired by Brookfield Asset Management Inc. and Simon Property Group through a combination of cash and new term loan debt.
Stocks surge on Wall Street amid vaccine news, US election outcome
The Dow Jones Industrial Average surged 1,500 points, or 5.4%, in early trading Monday and the S&P 500 jumped 3.7% after drugmaker Pfizer said early data show its coronavirus vaccine looks highly effective.
Trader Joe's discloses coronavirus infection rates after report highlights grocer risk
Trader Joe's has disclosed the COVID-19 infection rate among its employees, addressing rising concern over a recent survey that revealed a number of grocery store workers at a Boston market had the disease without showing symptoms.
Historic Speed Unlimited closing
Another iconic D.C. area business is closing its doors in the era of COVID-19.
Speed Unlimited closing after over five decades
A well-known family business - Speed Unlimited - is closing after 53 years.
Wall Street rallies again as stocks ride post-2020 election wave
Markets are banking on Tuesday's election leading to split control of Congress, which could mean low tax rates, lighter regulation on businesses and other policies that investors like remain the status quo.
Stocks rally after election night slip
Stocks are rallying Wednesday, as investors embrace the upside of more gridlock in Washington, after markets spun through an election night of surprises and sharp swings.
Billions in COVID-19 business loans possibly given to scammers, report says
The Office of Small Business Administration (SBA) Inspector General Michael Ware found that it may have distributed billions of dollars to fraudulent businesses claiming financial distress due to the COVID-19 pandemic, according to a report.
Facebook, Twitter, Google CEOs get earful on bias, warning of new limits
With next week’s election looming, the CEOs of Twitter, Facebook and Google are being scolded by Republicans at a Senate hearing for alleged anti-conservative bias in the companies’ social media platforms.
Stocks plunge as COVID-19 cases surge in US
The stock market had its worst day in a month as virus cases surge and help for the economy from Washington remains nowhere in sight.
Italy closes gyms, shuts eateries early amid rising COVID-19 cases
Italy’s leader has imposed at least a month of new restrictions to fight rising coronavirus infections, shutting down gyms, pools and movie theaters and putting an early curfew on cafes and restaurants.
Second stimulus checks, student loans and more: FAQ during coronavirus
Here are answers to some common questions about personal finance during the coronavirus pandemic.
Coca-Cola will discontinue half of its beverage brands
Last week, the Coca-Cola Company announced that it would discontinue drinks like Tab and Odwalla, but announced on Thursday that it would retire half of its portfolio by the end of the year.
Gap Inc. to shutter 350 stores by 2024 in plan to exit malls
Gap joins other clothing retailers in trying to reinvent themselves during the COVID-19 pandemic.
Quibi is shutting down, citing low subscriptions amid COVID-19 pandemic
A short six months after promising to revolutionize video viewing, short-form streaming service Quibi raised a white flag Wednesday and announced it was shutting down.
Silver Spring brewery struggling through pandemic says break-in will cost 'thousands'
A Silver Spring brewery says it was already struggling through COVID-19 restrictions when a suspect smashed his way into their facility and stole multiple bottles of alcohol Sunday morning.
Booze burglar breaks into Silver Spring brewery
A local brewery says it has its hands full after a burglar smashed its windows and walked away with "multiple bottles" of beer overnight.
Walmart raising wages for 165,000 employees
Walmart has started giving approximately 165,000 hourly workers a raise.