[CNN Business] Businesses struggle to rehire workers as states reopen Now PlayingAnother 3 million file unemployment in the last week. New York (CNN Business)Mass unemployment. Mounting bankruptcies. And fears of negative interest rates. It’s a nightmarish time for America’s banks.The mood is so dire that there’s even buzz about a blockbuster merger that […]
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[USA Today, Getty Images] J.C. Penney plans on some permanent store closings. J.C. Penney, reeling from a one-two punch of the department store industry’s struggles and the coronavirus pandemic, filed for Chapter 11 bankruptcy protection on Friday. The company, which had racked up an unsustainable amount of debt in recent […]
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[Forbes, Getty Images] The U.S. Patent and Trademark Office (USPTO) published today that Visa V has filed a patent application to create digital currency on a centralized computer using blockchain technology. This patent applies to digital dollars as well as other central bank digital currencies such as pounds, yen, and euros and […]
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[Kiro 7] Experienced job candidates will be itching to get hired when states allow businesses to reopen. But as we transition into what could be the new normal for businesses, many experienced professionals may need to make some changes to their resume to appeal to companies in this new climate. […]
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[CNBC, GETTY IMAGES] The U.S. dollar was rose on Friday and was set for a small weekly gain as the threat of a second wave of coronavirus infections rattled investors as did a slew of bleak U.S. economic data. Safe-haven assets including the U.S. dollar index were bid on Friday […]
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[Forbes, Getty Images] We’re entering a brutal job market, where you just can’t take anything for granted. You must be very strategic, realistic and forward thinking when it comes to your career. You’ve probably seen lists like the one below all over the internet. Understandably, they’re made in good faith […]
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[CNN Business] (New York) The US stock market stands 4% higher today compared to a year ago, despite the death and destruction unleashed by the coronavirus pandemic.Although more than 80,000 Americans have died and over 33 million have lost jobs, Wall Street has swiftly recovered from the initial shock delivered by the health crisis. The […]
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[Fox News] COVID-19 strands thousands of cruise ship workers at sea At least 120 ships are stranded in U.S. waters with crew members prevented from disembarking; insight from cruise ship performer Ryan Driscoll. A group of crew members aboard Royal Caribbean’s Navigator of the Seas ship reportedly staged a hunger strike until […]
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[The Motley Fool] It’s not going to be business as usual for Caesar’s, Wynn, or MGM, but at least there are signs of light at the end of the tunnel. Las Vegas has been devastated by the coronavirus pandemic. The city relies on tourism, conventions, and other big gatherings to […]
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[Reuters] Hyatt Hotels Corp said late Monday it would lay off 1,300 people globally as it tries to cope with the coronavirus crisis, which has virtually halted global travel by keeping people indoors. Hyatt said it had also cut pay for senior management, board members and all employees in corporate […]
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