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 NEWS: WALL STREET JOURNAL US BUSINESS
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   NEWS: WALL STREET JOURNAL US BUSINESS
Wall Street Journal US Business
May 25, 2020

Germany, Lufthansa Agree on $9.8 Billion Bailout
The German government and Deutsche Lufthansa said they have agreed on a $9.81 billion bailout deal—one of the biggest aid packages by a single country hatched so far in the pandemic-hit air travel sector.

Wall Street Journal US Business
May 25, 2020

Hertz Was Already in Terrible Shape. The Pandemic Finished It Off.
The coronavirus has been the proverbial tide going out, exposing who's swimming naked: Troubled companies and business models are being undone, and the rental-car giant is a prime example.

Wall Street Journal US Business
May 25, 2020

Mortgage Credit Tightens, Creating Drag on Any Economic Recovery
Housing is often the most immediate way the Federal Reserve transmits lower interest rates to the economy, as homeowners refinance to free up cash and as home buying spurs construction and spending. But the downturn and prepandemic regulations are making lenders skittish.

Wall Street Journal US Business
May 25, 2020

German Court Orders VW to Compensate Customers Over Emissions Scandal
Germany's highest civil court ruled against Volkswagen in the first case brought by customers seeking damages in connection with the car maker's emissions-cheating scandal, a landmark ruling that could herald further litigation against Volkswagen and some competitors.

Wall Street Journal US Business
May 25, 2020

China's Plan to Make Health Tracking on Phones Permanent Stirs Concerns
China created a smartphone tool to trace and track the movement of potential coronavirus patients. Now, plans to make that kind of health tracking permanent are stirring concerns in a country where personal privacy was once said to be an afterthought.

Wall Street Journal US Business
May 25, 2020

China's Plan to Make Health Tracking Permanent on Phones Stirs Concerns
China created a smartphone tool to trace and track the movement of potential coronavirus patients. Now, plans to make that kind of health tracking permanent are stirring concerns in a country where personal privacy was once said to be an afterthought.

Wall Street Journal US Business
May 25, 2020

China's Plan to Make Permanent Health Tracking on Smartphones Stirs Concern
China created a smartphone tool to trace and track the movement of potential coronavirus patients. Now, plans to make that kind of health tracking permanent are stirring concerns in a country where personal privacy was once said to be an afterthought.

Wall Street Journal US Business
May 25, 2020

France's Arnault Gives Financial Lifeline to Indebted Lagardère CEO
Billionaire Bernard Arnault agreed to take a stake in the holdings of the controlling shareholder of media conglomerate Lagardère, giving a financial lifeline to a longtime friend whose debts were undermining his control of the company.

Wall Street Journal US Business
May 25, 2020

Steep Drop in Trade Flows Shows Pitfalls of Cross-Border Supply Chains
Global trade flows tumbled in the first quarter, a preview of what could be the largest contraction in international commerce in decades, as the coronavirus pandemic causes policy makers and multinationals to reconsider globe-spanning supply chains that have become a defining feature of the world economy.

Wall Street Journal US Business
May 25, 2020

In Coronavirus Fight, Uncertainty Emerges as New Enemy
Business leaders say that simple uncertainty, as much as any particular political or public-health decision, is holding back the economy. Nobel Prize-winning economist Paul Romer helps analyze the problem and offers some potential answers for it.

Wall Street Journal US Business
May 25, 2020

For Economy, Worst of Coronavirus Shutdowns May Be Over
Recovering air travel, hotel bookings and mortgage applications are among the early signs the U.S. economy is slowly creeping back to life.

Wall Street Journal US Business
May 25, 2020

Covid-19 Tests Come to Work, but Logistics Are Complicated
Testing regimes are taking hold at big companies as they try to get back to business and prevent outbreaks on the job. But many employees will face long waits for results.

Wall Street Journal US Business
May 25, 2020

Bosses Begin Testing Workers for Covid-19
Testing regimens are taking hold at big companies as they try to get back to business and prevent outbreaks on the job. But many employees will face long waits for results.

Wall Street Journal US Business
May 25, 2020

U.S. Flying Through Fog in $16 Billion Broadband Push
The Federal Communications Commission is set to move forward with an October auction to fund internet-providers' expansion of high-speed service in rural areas, despite faulty data on where gaps exist.

Wall Street Journal US Business
May 24, 2020

Economy Week Ahead: Consumer Confidence, Spending, Inflation
U.S. consumer spending and inflation data for April are expected to show another big drop-off in household purchases and an emerging disinflationary trend.

Wall Street Journal US Business
May 24, 2020

Nissan, Renault Prepare Billions of Dollars in Cuts
The alliance of Renault and Nissan Motor is set to disclose billions of dollars in cost cuts this week and Nissan is looking to slash capacity by an additional million vehicles.

Wall Street Journal US Business
May 24, 2020

Companies' Financial Planning Comes Up Short in the Coronavirus Era
The unprecedented nature of the coronavirus pandemic has complicated the practice of scenario planning, upending annual budgets and investment time lines, and rendering forward-looking guidance futile.

Wall Street Journal US Business
May 24, 2020

Trucking Looks to Bundle Up Technology
Taking a page from the consumer electronics playbook, Daimler Trucks North America LLC plans to take the technology clutter out of truck cabs by installing a single platform right at the factory floor.

Wall Street Journal US Business
May 24, 2020

Our Habits Have Changed. These Gadgets Are Proof.
From Pelotons to "Animal Crossing," these are the things that hooked us during the pandemic—and that we'll likely stick with when it's over.

Wall Street Journal US Business
May 24, 2020

Square's Co-Founder: A Recession Is a Great Time to Start a Company
Jim McKelvey, who co-founded financial-technology company Square with Jack Dorsey in 2009, talks about why entrepreneurs can thrive during a downturn and about the state of the coronavirus-ravaged economy.

Wall Street Journal US Business
May 24, 2020

Summer Jobs Dry Up and Teens Face Highest Unemployment in Decades
The coronavirus has curbed many of the activities that typically lead to summer jobs for younger workers, another blow for teenagers aged 16 to 19 who already faced an unemployment rate not seen since at least 1948.

Wall Street Journal US Business
May 24, 2020

State, Local Budget Woes Create Drag for Recovery Prospects
The hit to U.S. state and local finances from the coronavirus pandemic could be a drag on the nation's economic recovery for years to come, if the past is any guide.

Wall Street Journal US Business
May 24, 2020

Coronavirus Threatens to Hobble the U.S. Shale-Oil Boom for Years
American shale drillers helped turn the U.S. into the world's top oil producer, topping 13 million barrels a day earlier this year. It could be years, if ever, before they reach such heights again.

Wall Street Journal US Business
May 23, 2020

Questions Persist After Release of New Small-Business Loan Rules
The Trump administration has updated guidelines for forgiving federally backed loans to help small businesses survive the coronavirus outbreak—but they don't address some stickier issues plaguing lenders and borrowers.

Wall Street Journal US Business
May 23, 2020

Off-Price Retailer Tuesday Morning to File for Chapter 11, Sources Say
The discount home-goods retailer plans to file for bankruptcy after running into liquidity issues caused by the closure of its stores due to the coronavirus pandemic.

Wall Street Journal US Business
May 23, 2020

Crocs Are Back. And Not Just Because of Coronavirus
Stores and schools closed. Families sheltered at home. But the coronavirus pandemic didn't stop Americans from buying more Crocs.

Wall Street Journal US Business
May 23, 2020

'This Is Bigger Than Katrina': Coronavirus Devastates Black New Orleans
More Louisianians are on unemployment rolls and more have died than when Hurricane Katrina hit 15 years ago. And as with that catastrophe, black residents are bearing disproportionate medical and financial impacts.

Wall Street Journal US Business
May 23, 2020

Aspiring Filmmaker's Covid-Era Career Move: Spoofing Zoom, Parodying Trump
Kylie Scott Degnan left social work to go back to school just before the pandemic hit. Her new California life includes unexpected TikTok fame.

Wall Street Journal US Business
May 23, 2020

Elon Musk's SpaceX Readies First Astronaut Launch by Private Firm
With the scheduled launch of two NASA astronauts into orbit Wednesday, Space Exploration Technologies aims to propel the U.S. into a historic new era of commercially led space exploration.

Wall Street Journal US Business
May 23, 2020

Coronavirus Hits New Orleans Black Community Harder Than Katrina
More Louisianians are on unemployment rolls and more have died than when Hurricane Katrina hit 15 years ago. And as with that catastrophe, black residents are bearing disproportionate medical and financial impacts.

Wall Street Journal US Business
May 23, 2020

The Job Market's Long Road Back
Job losses were sudden and swift. At first, workers and employers thought they would be temporary. For many, that is starting to look like wishful thinking.

Wall Street Journal US Business
May 22, 2020

Rental-Car Company Hertz Files for Bankruptcy
One of the nation's largest car-rental companies entered chapter 11 proceedings hoping to survive a drop-off in ground traffic from the pandemic and to avoid a forced liquidation of its vehicle fleet.

Wall Street Journal US Business
May 22, 2020

Nevada Aims to Reopen Casinos June 4
Nevada Gov. Steve Sisolak said the June 4 reopening date is contingent on Covid-19 trends and the results of a Nevada Gaming Control Board meeting scheduled for Tuesday.

Wall Street Journal US Business
May 22, 2020

Hertz Preparing Bankruptcy Filing as Soon as This Weekend
A bankruptcy would make Hertz one of the highest-profile corporate defaults yet stemming from the coronavirus pandemic's impact on American travelers.

Wall Street Journal US Business
May 22, 2020

Experimental Coronavirus Vaccine From China Shows Positive Signs
An experimental coronavirus vaccine from drugmaker CanSino Biologics showed promising results in a preliminary human study, a sign that China is advancing toward playing a key early role stopping the global pandemic.

Wall Street Journal US Business
May 22, 2020

SEC Charges Hollywood Film Executive With Fraud
The Securities and Exchange Commission filed fraud charges against a Hollywood movie executive for stealing money from a BlackRock fund.

Wall Street Journal US Business
May 22, 2020

Guitar Center Downgraded After Distressed-Debt Exchange
The pandemic-pressured retailer of musical instruments was hit by ratings downgrades after it announced agreements with lenders to exchange some of its debt in an effort to preserve cash.

Wall Street Journal US Business
May 22, 2020

State Jobless Rates for April Show Uneven Impact of Pandemic
The upheaval caused by the coronavirus had a devastating but uneven impact on the U.S. labor market last month, leaving more than one in five workers jobless in Nevada, Michigan and Hawaii, data showed Friday.

Wall Street Journal US Business
May 22, 2020

HBO Max Is the Newest Streaming Upstart. Can It Become a Star?
The new entertainment service from WarnerMedia will have to overcome a global pandemic, entrenched rivals and the absence of a highly anticipated "Friends" reunion.

Wall Street Journal US Business
May 22, 2020

Deere Lowers Outlook as Coronavirus Undercuts Demand
The farm-equipment maker said a yearslong slump in sales will intensify as farmers further reduce spending amid weak demand for their crops and livestock.

Wall Street Journal US Business
May 22, 2020

Unemployment Rate Rose in All 50 States in April, Labor Department Says
Nevada registered the highest unemployment rate in the U.S. last month at 28.2%, the Labor Department said in a report detailing the impact of the new coronavirus and related lockdowns on the job market in all 50 states. Connecticut had the lowest unemployment rate at 7.9%.

Wall Street Journal US Business
May 22, 2020

Troubled Shipping Lines Turn to State Support
Some of the world's biggest shipping companies are turning to government support to ride out the fallout from the coronavirus pandemic.

Wall Street Journal US Business
May 22, 2020

America Is Reopening for Summer, and Tensions Are High
There is a growing divide between those celebrating the end of restrictions and those fearful of Covid-19's re-emergence. The reopening is in some ways turning out to be more difficult than the shutdown.

Wall Street Journal US Business
May 22, 2020

Alibaba's Profit Tanks With Investment Loss
Alibaba's fourth quarter profit fell 88% from the same period a year ago after the coronavirus pandemic affected the value of the Chinese e-commerce giant's public investments.

Wall Street Journal US Business
May 22, 2020

GM's Plans to Increase Truck Production Delayed by Parts Shortage
A shortage of parts from Mexico is hampering GM's plans to quickly ramp up production of high-profit pickups, underscoring the auto industry's halting restart after a two-month shutdown from the pandemic.

Wall Street Journal US Business
May 22, 2020

These Discount Retailers Are Hardly a Bargain
Shares of TJX and Ross Stores are holding up rather well, as off-price retailers usually do well in economic downturns. But this downturn isn't like others, and they may be no bargain.

Wall Street Journal US Business
May 22, 2020

A Lesson for the Boss: How to Take a Personal Crisis Public
There's practically no playbook for executives grappling with tragedy

Wall Street Journal US Business
May 22, 2020

Jobless Rate Rose in All 50 States in April, Labor Department Says
Nevada registered the highest unemployment rate in the U.S. last month at 28.2%, the Labor Department said Friday in a report detailing the impact of the new coronavirus and related lockdowns on the job market in all 50 states.

Wall Street Journal US Business
May 22, 2020

Location Plays Big Role in Patient Access to First Covid-19 Drug
Limited stock of the first drug shown to treat Covid-19 is arriving at hospitals, and location is a driving factor in whether a patient gets any as states, counties and hospitals use different approaches to allocate their shares.

Wall Street Journal US Business
May 22, 2020

Hospitals Are Rationing Remdesivir
Limited stock of the first drug shown to treat Covid-19 is arriving at hospitals, and location is a driving factor in whether a patient gets any as states, counties and hospitals use different approaches to allocate their shares.

Wall Street Journal US Business
May 22, 2020

Dropping Growth Target, China Acknowledges Severity of Economic Challenges
Under leader Xi Jinping, China has established itself as an increasingly assertive global player. But even as Beijing tightens its grip on Hong Kong and steps up its rhetoric against the U.S., senior leaders bowed to the inevitable.

Wall Street Journal US Business
May 22, 2020

ECB Is Ready to Expand Stimulus Program, Minutes Show
European Central Bank officials are ready to step up bond purchases next month if they consider such a move necessary to combat the economic fallout from the coronavirus pandemic, according to the minutes of their April policy meeting.

Wall Street Journal US Business
May 22, 2020

How Architects Are Already Planning the Future of Offices
For urban skyscrapers and the blue-chip architects who design them, the pandemic "is going to skew perceptions of the value of space"—and maybe that's not such a bad thing

Wall Street Journal US Business
May 22, 2020

Alibaba's Revenue Climbs 22%, Profit Sinks
Alibaba's fourth-quarter profit fell 88% from the same period a year ago as the coronavirus outbreak disrupted the Chinese e-commerce giant's supply chains and hampered its ability to deliver packages.

Wall Street Journal US Business
May 22, 2020

Businesses Try to Divine Hong Kong's Fate Under National-Security Law
Markets faltered and businesses braced for more instability as China set out plans for national-security laws to tighten its control over Hong Kong, piling stress on the global finance hub already battered economically by a year of violent demonstrations and the coronavirus pandemic.

Wall Street Journal US Business
May 22, 2020

Pakistan International Airlines Plane Crashes in Karachi
A Pakistan International Airlines domestic flight crashed with 98 passengers and crew on board as it approached Karachi airport.

Wall Street Journal US Business
May 22, 2020

In Dropping Growth Target, China Acknowledges Severity of Its Economic Challenges
Under leader Xi Jinping, China has established itself as an increasingly assertive global player. But even as Beijing tightens its grip on Hong Kong and steps up its rhetoric against the U.S., senior leaders bowed to the inevitable.

Wall Street Journal US Business
May 22, 2020

India Central Bank Combats Coronavirus Pain With a Surprise Rate Cut
India's central bank surprised markets by cutting its key lending rate, hoping to reignite growth in Asia's third-largest economy, which has been one of the hardest hit by the coronavirus.

Wall Street Journal US Business
May 22, 2020

Drive-In Raves and Dancing Bans: Bars and Clubs Struggle With Social Distancing
As coronavirus lockdowns ease, venues that rely on having crowds of drinkers interacting with each other, often in confined spaces and with fewer inhibitions, are rethinking their spaces and changing how they do business.

Wall Street Journal US Business
May 22, 2020

HBO Max Is Hollywood's Newest Streaming Upstart. Can It Become a Star?
The new entertainment service from WarnerMedia will have to overcome a global pandemic, entrenched rivals and the absence of a highly anticipated ‘Friends' reunion

Wall Street Journal US Business
May 22, 2020

The Covid Surcharge: Companies Confront the Unforgiving Economics of Coronavirus
Facing higher costs to keep workers and customers safe and an indefinite period of suppressed demand, businesses are navigating an ever-narrower path to profitability.

Wall Street Journal US Business
May 22, 2020

Virus Threatens a Minnesota Farm Town's Economic Engine
Businesses in Worthington, Minn., are slowly coming back to life after a coronavirus outbreak hit the big meatpacking plant in town hard.

Wall Street Journal US Business
May 22, 2020

Beijing Scraps GDP Target, a Bad Sign for World Reliant on China Growth
China broke with more than a quarter-century of tradition by eschewing an economic growth target for 2020, a stark acknowledgment of the challenges facing the world's second-largest economy as it grapples with uncertainties around the coronavirus pandemic.

Wall Street Journal US Business
May 21, 2020

IBM Announces First Job Cuts Under New Chief Executive
An unspecified number of layoffs come as a major economic slowdown triggered by the coronavirus pandemic causes many customers to dial back investments.

Wall Street Journal US Business
May 21, 2020

China Scraps GDP Target for 2020
Chinese Premier Li Keqiang said the government wouldn't set an economic target for 2020, in a stark acknowledgment of the challenges facing the world's second-largest economy as it continues to grapple with the uncertainties around the coronavirus pandemic.

Wall Street Journal US Business
May 21, 2020

What It Takes to Become a Contact Tracer on the Trail of the Coronavirus
To safely reopen the economy, the U.S. needs 184,000 contact tracers. Here's who's qualified.

Wall Street Journal US Business
May 21, 2020

Nvidia Earnings Rise, as Coronavirus Lifts Games and Remote Services
The chip maker recorded strong growth in computer games and remote computing services, driven by people stuck at home during the pandemic.

Wall Street Journal US Business
May 21, 2020

For Many, Remote Work Is Becoming Permanent in Wake of Coronavirus
Companies across the economy are considering a permanent shift to remote work in the aftermath of the coronavirus outbreak, following the lead of tech-sector giants.

Wall Street Journal US Business
May 21, 2020

J.Crew Landlords Pursue Rent From Reopened Stores
Dozens of J.Crew's landlords, including some of the biggest mall owners in the country, are seeking rent payments from the retailer's stores as they reopen, according to court filings.

Wall Street Journal US Business
May 21, 2020

My Boss Wants Me Back at Work. How Do I Keep my Family Safe?
Going back to work isn't a safety concern just for workers. Many fear they'll bring the virus home to vulnerable family members. Here's what to do.

Wall Street Journal US Business
May 21, 2020

SelectQuote Jumps in Market Debut
SelectQuote's shares climbed nearly 36% in its first day of trading, in what is set to be the largest U.S. initial public offering since February, as the coronavirus pandemic continues to throw companies' plans to go public into disarray.

Wall Street Journal US Business
May 21, 2020

Universities to Their Alumni Networks: Give Our Grads Jobs
With the coronavirus racking the job market, some colleges are working overtime to find paid positions for the class of 2020.

Wall Street Journal US Business
May 21, 2020

Facebook to Shift Permanently Toward More Remote Work After Coronavirus
The social-media giant plans to become a substantially remote workforce over the next decade, CEO Mark Zuckerberg said, as it moves to embrace the dispersed structure made necessary by the pandemic.

Wall Street Journal US Business
May 21, 2020

Coronavirus Revives Debate Over Drug Pricing
A big question is whether Covid-19 proves to the public and politicians the merits of the current drug-pricing system, which lets drug companies charge whatever the market will bear.

Wall Street Journal US Business
May 21, 2020

Coronavirus Widens the Retail Divide: Macy's Sales Fall 45%, Best Buy Slips 6%
The coronavirus pandemic is widening the divide between retailers that are drawing shoppers and those who are losing business, accelerating a split that had been playing out before the health crisis forced some chains to temporarily close stores.

Wall Street Journal US Business
May 21, 2020

Mnuchin: Strong Likelihood We'll Need Another Stimulus Package
U.S. Treasury Secretary Steven Mnuchin said there is a strong likelihood the U.S. will need another stimulus package, and said there is a need to fix a ‘quirk' that enables some to earn more on unemployment than from a job.

Wall Street Journal US Business
May 21, 2020

Pandemic Poses Most Serious Threat to Fed's Goals 'In Our Lifetimes,' Clarida Says
The coronavirus pandemic poses the most serious threat ‘in our lifetimes' to the Fed's goals of maintaining strong employment and stable prices, Fed Vice Chairman Richard Clarida said Thursday.

Wall Street Journal US Business
May 21, 2020

Harold Hamm, Fracking Pioneer, Faces a Career Reckoning
The founder of oil giant Continental Resources revolutionized the industry and helped usher in the U.S. energy boom. Now he's slashing production and ripping up delivery contracts to try to survive the price collapse from coronavirus shutdowns.

Wall Street Journal US Business
May 21, 2020

Starbucks Pushes To-Go Sales as Dine-In Operations Remain Closed
Starbucks Corp. said it is speeding up plans to build stores with drive-throughs and will close locations in unpopulated malls as its dine-in service remains suspended due to the coronavirus pandemic.

Wall Street Journal US Business
May 21, 2020

Global Business Activity Starts to Steady, but Recovery Looks Far Off
Business activity in the U.S., Europe and Japan continued to fall in May, though at a slower pace than in prior months, offering early signs that the global economy may have already experienced the worst of the economic damage from the coronavirus outbreak.

Wall Street Journal US Business
May 21, 2020

U.S. Existing-Home Sales Dropped 17.8% in April
Sales of previously owned homes plunged in April, as the coronavirus pandemic shut down much of the country's economic activity and sellers and buyers stayed on the sidelines.

Wall Street Journal US Business
May 21, 2020

Amazon Targets Fall for Prime Day as it Tries to Return to Pre-Pandemic Operations
Amazon.com is taking a number of steps to return to pre-pandemic business operations, including scheduling its annual Prime Day shopping promotion for the fall and allowing unlimited shipments of nonessential goods to warehouses.

Wall Street Journal US Business
May 21, 2020

Workers File 2.4 Million Unemployment Claims
Workers filed an additional 2.4 million unemployment claims last week, a slight drop-off from previous weeks in the wave of historically high filings since the economic fallout from the coronavirus pandemic began.

Wall Street Journal US Business
May 21, 2020

Ex-Green Beret, Son Could Face Four Years in Japanese Jail Over Ghosn Escape
A former Green Beret and his son face up to four years in a Japanese prison if they are extradited for their suspected role in smuggling Carlos Ghosn out of Japan in a musical equipment box.

Wall Street Journal US Business
May 21, 2020

Coronavirus Raises Demand for Skin-Temperature Scanners
A coronavirus-triggered rush for infrared cameras that identify people with elevated skin temperature is causing makers of the devices to re-examine their product lineups to meet increasing demand.

Wall Street Journal US Business
May 21, 2020

Coronavirus Raises Fever for Skin-Temperature Scanners
A coronavirus-triggered rush for infrared cameras that identify people with elevated skin temperature is causing makers of the devices to re-examine their product lineups to meet increasing demand.

Wall Street Journal US Business
May 21, 2020

Workers File Another 2.4 Million Unemployment Claims
Workers filed another 2.4 million unemployment claims last week, continuing a wave of historically high filings since the economic fallout from the coronavirus pandemic began.

Wall Street Journal US Business
May 21, 2020

Best Buy's Sales Slid 6% Amid Covid-19 Store Closures
Best Buy reported weaker sales and earnings for its latest quarter after closing stores to combat the spread of the coronavirus, but the retailer performed better than expected amid a jump in online orders.

Wall Street Journal US Business
May 21, 2020

U.S. to Invest $1.2 Billion to Secure Potential Coronavirus Vaccine From AstraZeneca, Oxford University
The U.S. government has agreed to hand AstraZeneca up to $1.2 billion to secure the supply of a potential coronavirus vaccine that could be ready as early as October.

Wall Street Journal US Business
May 21, 2020

Americans Are Cooking More Seafood, but Fishermen Are Struggling
The pandemic is hitting U.S. seafood companies harder than the meat industry. Shoppers are buying more fish and shellfish, but not enough to offset the loss of sales to restaurants, where 70% of seafood is consumed.

Wall Street Journal US Business
May 21, 2020

Hospitals Brace for Mental-Health Crisis Among Doctors and Nurses
In areas where the coronavirus has rampaged, medical staff has been worn thin; ‘like a movie, but a horror film.'

Wall Street Journal US Business
May 21, 2020

Lawmakers Seek to Double Duration of Small-Business Loans
Both the House and Senate are expected to take up bills that would give small businesses up to 16 weeks to spend funds received through the Paycheck Protection Program.

Wall Street Journal US Business
May 21, 2020

Coronavirus Widens Retail Divide, Leaving Macy's and Victoria's Secret Behind
Department stores and apparel retailers are feeling the most pain, with stores were closed from mid-March through April. Macy's expects a $1 billion quarterly loss and Victoria's Secret will close 250 North American stores.

Wall Street Journal US Business
May 21, 2020

Global Business Activity Starts to Steady but Recovery Looks Far Off
Business activity in Europe and Japan continued to decline in May, and while the pace of the slide slowed as coronavirus-induced lockdowns eased, the figures suggest that any economic recovery will be slow.

Wall Street Journal US Business
May 21, 2020

Media Company Whistle Buys Marketing Firm to Capture Ad Spending by Streaming Services
Team Whistle, a digital media company known for its sports and entertainment programming on social platforms, has acquired the marketing firm Tiny Horse, partly to capture more business from intensely competitive video streaming services.

Wall Street Journal US Business
May 21, 2020

Large Tech Companies Prepare for Acquisition Spree
After pushing the pause button during the coronavirus pandemic, big enterprise-technology companies later this year are expected to go on a shopping spree for smaller tech firms, industry analysts say.

Wall Street Journal US Business
May 21, 2020

SBA Under Spotlight as Frustrations With Aid Program Grow
The Small Business Administration's coronavirus rescue effort has been peppered with complaints about the agency's loan programs, and bipartisan lawmakers have yet another beef—they can't get answers from the SBA.

Wall Street Journal US Business
May 21, 2020

SBA Under Spotlight as Frustrations With Small-Business Aid Program Grow
The Small Business Administration's coronavirus rescue effort has been peppered with complaints about the agency's loan programs, and bipartisan lawmakers have yet another beef—they can't get answers from the SBA.

Wall Street Journal US Business
May 21, 2020

Self-Employed Aren't Counted in Wave of Unemployment Claims
Hundreds of thousands of self-employed workers are receiving unemployment benefits for the first time through a coronavirus program—they don't appear in the weekly claims number, but state data turn a spotlight on that segment.

Wall Street Journal US Business
May 21, 2020

She Has Argued 40 Cases in Front of the Supreme Court. The Latest Was From Her Dining Room.
Attorney Lisa Blatt's prep for telephonic arguments included a broken lectern and virtual practice sessions. "It doesn't feel to me like an oral argument so much as an oral exam."

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