President Trump, Mitch McConnell huddle with coronavirus talks at risk of collapse
After more than a week's worth of meetings, at least some clarity is coming to bipartisan Washington talks on a huge COVID-19 response bill.
Laid-off workers endure loss of $600 federal aid amid COVID-19 pandemic
Around the country, across industries and occupations, millions of Americans thrown out of work because of the coronavirus are straining to afford the basics now that an extra $600 a week in federal unemployment benefits has expired.
1.2 million seek jobless aid after $600 federal check ends
Nearly 1.2 million laid-off Americans applied for state unemployment benefits last week, evidence that the coronavirus keeps forcing companies to slash jobs just as a critical $600 weekly federal jobless payment has expired.
Houston City Council approves additional $20M in rent relief
As Houstonians continue to suffer through the economic crisis brought on by the COVID-19 pandemic, city council unanimously approved a second round of rental relief.
Virgin Atlantic files for bankruptcy protection in U.S.
Richard Branson's Virgin Atlantic airline is seeking protection from creditors as it tries to survive the pandemic that is slamming air travel.
Progress slow as urgency grows on virus relief legislation
The latest negotiating session on a coronavirus relief bill has wrapped with modest concessions being made by both sides.
Houston man bought Lamborghini, spent thousands at strip club with PPP loan money
A Houston entrepreneur was arrested, accused of fraudulently obtaining $1.6-million dollars in COVID-19 relief funds, and spending the money on a Lamborghini and a strip club.
Disney 3Q revenue drops 42%, missing expectations
Walt Disney Co. on Tuesday reported that its net income fell dramatically in the three-month period that ended in June when most of its theme parks were shuttered and theatrical movie releases were postponed.
Whataburger celebrates 70 years with renewed focus on business, communities, and the future
The Texas favorite said in a release that as a brand, its 46,000 employees have banded together with a renewed focus on business, their communities, and the future.
Wave of evictions expected as moratoriums end in many states
Housing advocates fear that they could see a wave of evictions in the coming months, as states end moratoriums put in place during the coronavirus pandemic.
Progress slow on coronavirus relief bill as negotiations continue
Negotiations on a huge COVID-19 relief bill are set to resume, but the path forward promises to be challenging.
US manufacturing improves in July, outlook clouded by coronavirus
The Institute for Supply Management, an association of purchasing managers, said Monday that its manufacturing index rose to 54.2 last month, up from a June reading of 52.6. Any reading above 50 signals that U.S. manufacturing is expanding.
CEOs warn Congress of 'catastrophic' pandemic impact on small businesses without more federal aid
Leaders from some of America’s largest companies signed an open letter to Congress urgently calling for lawmakers to help small businesses.
Lord & Taylor seeks bankruptcy protection
Lord & Taylor, America's oldest retailer, is seeking bankruptcy protection, as is the owner of Men’s Wearhouse and Jos. A. Bank, lengthening the list of major retail chains that have faltered in the pandemic.
Trump, GOP suggest temporary fix for $600 jobless benefit
Frustrated congressional negotiators of a massive coronavirus relief bill are facing new pressure with Thursday's brutal economic news and the approaching lapse in a $600 per-week COVID-19 jobless benefit.
Record economic plunge, bleak jobs numbers reveal virus toll
The U.S. economy shrank at a dizzying 33% annual rate in the April-June quarter — by far the worst quarterly plunge ever — when the viral outbreak shut down businesses, throwing tens of millions out of work and sending unemployment surging to 14.7%, the government said Thursday.
Flexibilities for Medicaid, CHIP recipients in Texas extended through October
The flexibilities will protect access to important care and resources that many Texans rely on for their health and safety.
Dunkin' to permanently close 800 US stores in 2020, 8% of US restaurants
Closures include 450 locations in Speedway gas stations that had previously been announced
Trump says second stimulus checks could be 'way higher' than $1,200
President Trump suggested this week the next coronavirus relief package could include a direct cash payment for American families that's potentially higher than $1,200.
US is expected to report a record-breaking economic plunge
Having endured what was surely a record-shattering slump last quarter, the U.S. economy faces a dim outlook as a resurgent coronavirus intensifies doubts about the likelihood of any sustained recovery the rest of the year.