Stocks slide as oil crashes below zero
U.S. equity markets slid Monday as oil crashed below zero and headed toward its lowest close since recordkeeping began in March 1983.
U.S. equity markets slid Monday as oil crashed below zero and headed toward its lowest close since recordkeeping began in March 1983.
Shake Shack to return $10M government loan
Shake Shack Inc will return the small business loan it received from the U.S. government, the burger chain's chief executive said on Monday, making it the first major firm to hand back money aimed at helping small businesses ride out the coronavirus impact.
Shake Shack Inc will return the small business loan it received from the U.S. government, the burger chain's chief executive said on Monday, making it the first major firm to hand back money aimed at helping small businesses ride out the coronavirus impact.
North Texas retail businesses ready to get back to work, as retail-to-go will allow them to reopen Friday
On Friday, retail businesses in Texas can reopen with curbside pick-up, much like restaurants have been able to do.
On Friday, retail businesses in Texas can reopen with curbside pick-up, much like restaurants have been able to do.
Neiman Marcus to file for bankruptcy as soon as this week: sources
(Reuters) - Neiman Marcus Group is preparing to seek bankruptcy protection as soon as this week, becoming the first major U.S. department store operator to succumb to the economic fallout from the coronavirus outbreak, people familiar with the matter said.
(Reuters) - Neiman Marcus Group is preparing to seek bankruptcy protection as soon as this week, becoming the first major U.S. department store operator to succumb to the economic fallout from the coronavirus outbreak, people familiar with the matter said.
Why some military members had stimulus checks snatched, reduced
USAA, a financial company that caters to military members and veterans, has suspended a policy that had resulted in members having their stimulus checks used to offset existing debts.
USAA, a financial company that caters to military members and veterans, has suspended a policy that had resulted in members having their stimulus checks used to offset existing debts.
FOX 7 Discussion: Texas Workforce Commission and the unemployment backlog
Ed Serna, the Executive Director for the Texas Workforce Commission, joins Marcel Clarke to talk about the unemployment backlog and the changes the TWC has made to address it and help people.
Ed Serna, the Executive Director for the Texas Workforce Commission, joins Marcel Clarke to talk about the unemployment backlog and the changes the TWC has made to address it and help people.
Berkeley business creates 'cap shields' made of baseball hats for healthcare workers
The business is mass producing what it calls CapShields and giving them away for free here in the Bay Area and across the country.
The business is mass producing what it calls CapShields and giving them away for free here in the Bay Area and across the country.
Dow spikes 700 points as stocks notch second straight week of gains
The Dow Jones Industrial Average soared by as many as 612 points, or 2.6 percent while the S&P 500 and Nasadaq Composite climbed by 2.2 percent and 1.5 percent, respectively.
The Dow Jones Industrial Average soared by as many as 612 points, or 2.6 percent while the S&P 500 and Nasadaq Composite climbed by 2.2 percent and 1.5 percent, respectively.
As $2 trillion in virus aid starts to flow, oversight lags
There are only two people presently overseeing how coronavirus funds from the $2 trillion package are spent..
There are only two people presently overseeing how coronavirus funds from the $2 trillion package are spent..
Gov. Abbott announces plans to reopen businesses in Texas
The governor says there are glimmers that the worst of COVID-19 is behind the state and that it's time to begin moving forward with a plan to get Texans back to work.
The governor says there are glimmers that the worst of COVID-19 is behind the state and that it's time to begin moving forward with a plan to get Texans back to work.
Still no stimulus check in your bank account? Here's why it may be delayed
Social Security and Supplemental Security Income recipients are expected to receive the payments automatically soon, IRS said
Social Security and Supplemental Security Income recipients are expected to receive the payments automatically soon, IRS said
Original Magnolia Cafe on Lake Austin Boulevard closing after 41 years
Magnolia Cafe West, as it is known, opened in 1979 and began as the Omelettry West.
Magnolia Cafe West, as it is known, opened in 1979 and began as the Omelettry West.
Georgia restaurant owner sells car to have enough money to pay her employees
A Smyrna restaurant owner has been making great sacrifices to stay open. She even sold her car so she could pay her employees.
A Smyrna restaurant owner has been making great sacrifices to stay open. She even sold her car so she could pay her employees.
Austin company helps General Motors turn car factory into one that makes ventilators
Formaspace made the workspaces where the ventilators are assembled and the entire plant changed from manufacturing cars to ventilators in just 11 days.
Formaspace made the workspaces where the ventilators are assembled and the entire plant changed from manufacturing cars to ventilators in just 11 days.
Businesses in Austin won’t allow customers without face coverings inside
To comply with city and county orders many stores are telling customers the same thing. Without something covering their mouth and nose, they cannot enter.
To comply with city and county orders many stores are telling customers the same thing. Without something covering their mouth and nose, they cannot enter.
Texas guidelines to reopen businesses become political
Texas business owners and workers are looking to go back to work, but some officials say Texas is not ready to open business doors just yet.
Texas business owners and workers are looking to go back to work, but some officials say Texas is not ready to open business doors just yet.
Stocks rise as Trump prepares reopening of America details
Stocks erased losses as investors focus on economic restart.
Stocks erased losses as investors focus on economic restart.
Layoffs and pay cuts are now striking more white collar jobs
The record-setting flood of layoffs unleashed by the viral outbreak is extending beyond the services industries that bore the initial brunt and are still suffering most.
The record-setting flood of layoffs unleashed by the viral outbreak is extending beyond the services industries that bore the initial brunt and are still suffering most.
Reopening US could require thousands more public health workers
Without the extra help, officials insist, states cannot possibly be ready to resume normal everyday activities.
Without the extra help, officials insist, states cannot possibly be ready to resume normal everyday activities.
Land O' Lakes drops 'racist' Native American image from packaging after nearly 100 years
The logo, which has been the company’s label for nearly 100 years since it was founded in Minnesota in 1921, has been called “racist” and criticized for its use of the “butter maiden.”
The logo, which has been the company’s label for nearly 100 years since it was founded in Minnesota in 1921, has been called “racist” and criticized for its use of the “butter maiden.”