Business

Treasury has disbursed only a fraction of coronavirus relief fund, commission reports

Tuesday, May 19 by ABC News

JTSorrell/iStockBy CHEYENNE HASLETT, ABC News(WASHINGTON) -- A commission monitoring $500 billion of coronavirus relief funding produced its first report Monday -- though according to the report, there weren't that many receipts to comb through.The Treasury Department has so far... Read More.

Coronavirus vaccine czar to divest some holdings amid conflict concerns

Tuesday, May 19 by ABC News

Drew Angerer/Getty ImagesBy SOO RIN KIM and KATHERINE FAULDERS, ABC News(WASHINGTON) -- President Donald Trump's newly appointed vaccine czar, Moncef Slaoui, plans to divest his equity holdings in a company leading the coronavirus vaccine development effort, the Department of... Read More.

Restaurants enforce social distancing with pool floats and mini-greenhouses as they reopen during the coronavirus pandemic

Monday, May 18 by ABC News

iStock/Natalie_magicBy: KELLY MCCARTHY, ABC News (BERLIN) -- Restaurants are slowly beginning to welcome back diners after putting new social distancing rules in place due to the coronavirus pandemic. And many eateries have come up with bizarre, but effective ways to... Read More.

Record number of women CEOs on this year’s Fortune 500 list, Amazon moves to No. 2 spot

Monday, May 18 by ABC News

jetcityimage/iStock By CATHERINE THORBECKE, ABC News (NEW YORK) -- A record high number of female CEOs are at the helm of companies on this year's Fortune 500 list.The number of businesses with female leaders that made this year's ranking of

Nike to begin reopening its stores

Monday, May 18 by ABC News

code6d/iStockBy JEANETTE TORRES-PEREZ, ABC News (NEW YORK) -- Nike will begin opening its stores across the U.S. this week after closing its doors due to the coronavirus pandemic.The sportswear retailer says it will go to “great lengths” to make sure... Read More.

Instagram launches new tool focused on mental health, wellness amid COVID-19

Monday, May 18 by ABC News

stockcam/iStockBy GMA Team, ABC News(NEW YORK) -- Instagram has launched a new tool to help users find reliable, accurate information on topics including mental health and wellness.The new mobile-only tool, called Guides, shows Instagram users tips and resources from... Read More.

Has cheap fuel pulled the plug on electric vehicles?

Sunday, May 17 by ABC News

iStock/MATJAZ SLANICBy: MORGAN KORN, ABC News (NEW YORK) -- Electric vehicles have always been a tough sell with Americans. They're more expensive, require a different mindset and the inability to quickly recharge on the road has led to severe... Read More.

Are phone apps and contract tracing the key to keeping workplaces virus free?

Saturday, May 16 by ABC News

ismagilov/iStockBY: LEIGHTON SCHNEIDER AND MICHAEL DOBUSKI, ABC NEWS (NEW YORK) — Imagine going to work. If you work in an office building, you probably have to go through the front doors, maybe past a security desk. You might even get on... Read More.

Food delivery driver on self-isolating from her kids to work during COVID-19 pandemic

Saturday, May 16 by ABC News

Wendy ReynoldsBY: JINSOL JUNG, HALLEY FREGER AND ALEXANDRA MYERS, ABC News (NEW YORK) — As restrictions around the coronavirus caused restaurants across the country to halt dine-in service, many people staying at home turned to food delivery apps. Wendy Reynolds,... Read More.

Bankruptcy does not mean the end for some major retailers

Friday, May 15 by ABC News

JayLazarin/iStockBy STEPHANIE WALSH and ARIELLE MITROPOULOS, ABC NEWS(NEW YORK) -- J.C. Penney will avoid bankruptcy, for now, after the retailer made an approximately $17 million interest payment on Thursday. The company made good on the payment, which was due... Read More.

The future of bars and nightlife after COVID-19

Friday, May 15 by ABC News

Aja Koska/iStockBy KELLY MCCARTHY, ABC News(NEW YORK) -- Nightlife looks completely different these days.Bar patrons have taken things into their own hands -- shaking up cocktails at home, ordering booze from an app, turning up Bluetooth speakers to listen... Read More.

As some foreign-owned businesses score millions in PPP loans, others go empty-handed

Friday, May 15 by ABC News

courtneyk/iStockBy SHANNON K. CRAWFORD, ABC News(NEW YORK) -- With just a hair over a hundred employees, Cinedigm, an entertainment company based in Los Angeles, has a relatively modest headcount. But it's not your typical small business.The publicly-traded company raked... Read More.

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Treasury has disbursed only a fraction of coronavirus relief fund, commission reports

Coronavirus vaccine czar to divest some holdings amid conflict concerns

Nike to begin reopening its stores

Instagram launches new tool focused on mental health, wellness amid COVID-19

Has cheap fuel pulled the plug on electric vehicles?

Are phone apps and contract tracing the key to keeping workplaces virus free?

Food delivery driver on self-isolating from her kids to work during COVID-19 pandemic

Bankruptcy does not mean the end for some major retailers

The future of bars and nightlife after COVID-19

As some foreign-owned businesses score millions in PPP loans, others go empty-handed

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