Business

Emanuel Simhayev, owner and pharmacist at Get Well Rx in Astoria, Queens, consults with a customer purchasing face masks. April 2, 2020 Emanuel Simhayev’s small pharmacy is short-staffed these days. Most of his employees, worried about getting exposed to the coronavirus, are no longer coming to work. Simhayev, 33, and his technician Evelyn Quirindongo, 53,
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An American Airlines flight attendant serves drinks to passengers after departing Dallas/Fort Worth International Airport. Robert Alexander | Archive Photos | Getty Images Flight attendant unions warned Wednesday that government stakes in airlines in exchange for payroll protections could render the coronavirus aid unattractive and cost thousands of jobs. Congress last week approved $32 billion
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A cashier wears gloves while scanning the groceries of a customer at a Whole Foods in Cambridge, MA on March 24, 2020. Erin Clark | The Boston Globe via Getty Images Temporary wage hikes. Special bonuses. Paid sick time. In recent weeks, tensions are on the rise between grocery workers and their employers, spurring many
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Ford Motor and GE Healthcare plan to produce 50,000 ventilators within the next 100 days at a facility in Michigan to assist with the coronavirus pandemic. Production of the critical care devices is expected to begin with 500 United Auto Workers union members the week of April 20, according to executives at both companies. Ford’s Rawsonville
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Delta Air Lines passenger planes are seen parked due to flight reductions made to slow the spread of coronavirus disease (COVID-19), at Birmingham-Shuttlesworth International Airport in Birmingham, Alabama, U.S. March 25, 2020. Elijah Nouvelage | Reuters Employees of airlines struggling with a record plunge in demand won a reprieve in the $2 trillion coronavirus bill:
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Pedestrians walk passed signage at Cigna headquarters in Bloomfield, Connecticut. Michael Nagle | Bloomberg | Getty Images Health insurers Cigna and Humana are now waiving patient cost-sharing on all treatment for coronavirus, including hospitalizations and ambulance transfers, for their insured members and employer plans. “Our customers with COVID-19 should focus on fighting this virus and
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U.S. airlines and the Department of Transportation may soon have to consider consolidating service to dozens of cities around the country in a bid to help carriers cut losses, several airline industry executives told CNBC. Executives with U.S. airlines are expected to meet with leaders of the Transportation Department this week to discuss the state
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A Lululemon sign hangs in front of their store at the Woodbury Commons Premium Outlets shopping mall on November 17, 2019 in Central Valley, New York. Gary Hershorn | Corbis News | Getty Images Lululemon announced Thursday fiscal fourth-quarter results that topped expectations, as its same-store sales surged 20% during the period, thanks, in part, to
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Americans who are stuck in their homes during the coronavirus pandemic aren’t just video-conferencing and binge-watching TV. Lowe’s CEO Marvin Ellison said they’re also replacing appliances and doing DIY projects. In an interview with CNBC on Wednesday, Ellison said the home improvement retailer has seen an increase across nearly every store category as customers not
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Nike reported quarterly sales that topped analysts’ expectations, thanks to a boost from its digital business and growth in North America, which helped to offset weakness in China due to COVID-19.  Its shares shot up more than 8% in after-hours trading Tuesday following the release.  Chief Executive Officer John Donahoe said the business is starting to
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Officers in protective gear enter the cruise ship Diamond Princess, where 10 more people were tested positive for coronavirus on Thursday, to transfer a patient to the hospital after the ship arrived at Daikoku Pier Cruise Terminal in Yokohama, south of Tokyo, Japan February 7, 2020. Kim Kyung-Hoon | Reuters The coronavirus survived for up
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Those who depend on regular transfusions are increasingly worried as over 4,000 blood drives were canceled in the U.S. because of the coronavirus, according to the American Association of Blood Banks. This situation, which resulted in a loss of 130,000 donations, is unprecedented, according to Dr. Claudia Cohn, AABB’s chief medical officer and director of
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