Business

RJ Scaringe, founder and chief executive officer of Rivian Automotive Inc., unveils the R1T electric pickup truck, left, and R1S electric sports utility vehicle (SUV) during a reveal event at AutoMobility LA ahead of the Los Angeles Auto Show in Los Angeles, California. Bloomberg | Bloomberg | Getty Images As shares of electric truck maker Nikola
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Dani Reiss, president and CEO of Canada Goose Rick Madonik | Getty Images Canada Goose‘s CEO said Friday the retailer’s recently opened experiential store in Canada is “almost built for this environment,” as consumers brave enough to venture outside are looking for things to do during the coronavirus pandemic.  “Naturally, it is socially distanced,” Chief
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Even when the Great Recession dampened consumer confidence and drove up unemployment things weren’t as bad for retailers as they have been during the current Covid-19 crisis, according to a new analysis from Retail Metrics. Days after the World Health Organization declared a pandemic in March, retailers across the U.S. were forced to shut their
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President Donald Trump criticized his top infectious disease advisor this week while Dr. Anthony Fauci separately admitted he hasn’t briefed the president on the coronavirus pandemic in at least two months — widening an apparent growing rift between the two.  “Dr. Fauci’s a nice man, but he’s made a lot of mistakes,” Trump said in an
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The World Health Organization published new guidance Thursday, saying it can’t rule out the possibility that the coronavirus can be transmitted through air particles in closed spaces indoors, including in gyms and restaurants. The WHO previously acknowledged that the virus may become airborne in certain environments, such as during “medical procedures that generate aerosols.” The
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Source: Bank of America Big restaurant chains have largely recovered from the coronavirus pandemic, but the rest of the industry is taking longer to bounce back, according to a Bank of America study. Analysts Gregory Francfort and JonMichael Shekian used aggregated transaction data from Bank of America credit and debit cardholders to analyze consumers’ restaurant spending habits.
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Illinois Gov. J.B. Pritzker Brian Cassella | Chicago Tribune | Tribune News Service via Getty Images) Illinois Governor J.B. Pritzker said states have been forced to compete in a “sick Hunger Games”-like competition for personal protective equipment and other supplies needed to fight the coronavirus pandemic without a strong federal response. Pritzker, a Democrat, told
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