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Monthly Archives: July 2020

Dunkin’ is closing 800 US locations

[CNN] New York — Dunkin’ is permanently closing 8% of its United States locations, which amounts to roughly 800 restaurants. The company announced the changes in its second quarter earnings, released Thursday. Dunkin’ described the closures as “real estate portfolio rationalization” and said the affected locations are in “low-volume sales locations” that only represent […]

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Lots of companies are saying they have ‘operating leverage’ — that’s just code for firing people

[CNBC, GETTY IMAGES] KEY POINTS One reason the stock market is holding up well is because investors believe many corporations are going to fire a lot of people and replace them with technology that will make the companies more efficient and improve profits. There’s a fancy accounting term for this. […]

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Next stimulus bill: HEALS Act would offer more than just another check

[CNET] A new $1,200 stimulus check could be just one of the benefits you might receive from the HEALS Act. Here are the other incentives proposed to offset the worst financial effects of the coronavirus pandemic. For the most up-to-date news and information about the coronavirus pandemic, visit the WHO website. […]

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Louie Gohmert, who refused to wear a mask, tests positive for coronavirus

[Politico, Getty Images] The Texas Republican received the diagnosis during a pre-screening procedure at the White House on Wednesday morning. Rep. Louie Gohmert — a Texas Republican who has been walking around the Capitol without a mask — has tested positive for the coronavirus, according to multiple sources. Gohmert was […]

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Target, Walmart Hand Sanitizers Latest To Join FDA List Of Potentially Toxic Products

[CBS NEWS] NEW YORK – A new warning about potentially dangerous hand sanitizers. The U.S. Food and Drug Administration has expanded its list of potentially deadly hand sanitizer products. With the recent demand, several new companies have been selling the product, but the FDA says they contain unsafe alcohols. Target and Walmart issued recalls Tuesday for two potentially […]

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