Category Archives: CNN – Business

Disneyland and Walt Disney World to remain closed because of coronavirus

Disneyland and Walt Disney World to remain closed because of coronavirus

Disneyland in California and Walt Disney World resort in Florida will remain closed until further notice as the coronavirus outbreak continues to spread in the United States, the company said. Disney earlier this month announced the closure of Disneyland and Walt Disney World — the only two of Disney’s eleven parks around the world that…MORE

Economists and investors are flying blind through a pandemic

Economists and investors are flying blind through a pandemic

Faced with an unprecedented crisis, economists and investors are racing to understand the depth of the coronavirus recession and its aftershocks. The problem is, the datasets they’d typically rely on are practically useless. Take the monthly US jobs report, which is due out for March this Friday. In normal times, it provides crucial information: How…MORE

Krispy Kreme is giving out a free dozen doughnuts to healthcare workers

Krispy Kreme is giving out a free dozen doughnuts to healthcare workers

Mondays may have just gotten a little sweeter, particularly for healthcare workers battling the ongoing coronavirus epidemic. Starting March 30, Krispy Kreme will be giving out a free dozen of their Original Glazed doughnuts every Monday to healthcare workers, the company announced in a news release. “Just go to a Krispy Kreme drive-thru, tell us…MORE

SeaWorld is temporarily furloughing over 90% of its employees

SeaWorld is temporarily furloughing over 90% of its employees

SeaWorld is temporarily furloughing over 90% of its employees as of April 1 because of the coronavirus pandemic. Its workers won’t be paid after March 31 but will be eligible for unemployment benefits, the company stated in an SEC filing. “Our parks will remain closed and are unable to generate revenue; therefore, we have made…MORE

French Laundry restaurateur Thomas Keller sues insurer for coronavirus losses

French Laundry restaurateur Thomas Keller sues insurer for coronavirus losses

Thomas Keller, the famed chef behind restaurants including The French Laundry and Per Se, is seeking a court judgment to confirm his insurance company should cover coronavirus-related business losses. Keller’s attorney says the suit against insurer Hartford Fire Insurance Company — and other similar challenges filed by restaurant owners — is intended to establish legal…MORE

ESPN’s NBA analyst Doris Burke tested positive for coronavirus

ESPN’s NBA analyst Doris Burke tested positive for coronavirus

Doris Burke, who works as an NBA analyst for ESPN, says she is now symptom-free, after testing positive for coronavirus earlier this month. Burke talked about her experience with ESPN’s Adrian Wojnarowski on Friday’s episode of “The Woj Pod.” She felt her first symptoms on March 11, she said, the same day the NBA suspended…MORE

Boeing will seek federal help — but won’t give taxpayers a stake

Boeing will seek federal help — but won’t give taxpayers a stake

Boeing still expects to get some help from the federal government. Just not the same kind of help that the airlines are set to receive. Although the federal government likely will end up owning stakes in the nation’s airlines, taxpayers probably won’t receive shares of Boeing. The aircraft maker asked for help from the federal…MORE

Trump in crisis mode uses Hannity interview to attack the media and Democratic governors

Trump in crisis mode uses Hannity interview to attack the media and Democratic governors

President Trump’s media allies and social media attack dogs are deflecting criticism of the federal government’s response to the coronavirus pandemic by giving viewers and Twitterers other targets of ire. The targets include Democratic governors, presidential candidate Joe Biden and even a key member of Trump’s coronavirus task force, National Institute of Allergy and Infectious…MORE

American craft brewers were already in trouble. Then came coronavirus

American craft brewers were already in trouble. Then came coronavirus

America’s craft brewers were headed for a rocky spell before the coronavirus pandemic. Now, many are worried their livelihoods could be doomed. In 2019, more than 300 small and independent brewers closed — the largest total in a single year. Sales at the high-overhead operations shrank as the market overflowed with competition: A record 8,000-plus…MORE

Blogs

Lend a Helping Hand

Lend a Helping Hand

Our older adults have been hit hard by the Covid-19 outbreak, here’s how you can help.

Dave Says: Playing the lottery robs you of your future

Dave Says: Playing the lottery robs you of your future

Dear Dave, I’ve been struggling financially for the past few months, so I’ve been playing the lottery once a week. To me, the chance to win millions is worth a few dollars a month, even if things are tight. Paula   Dear Paula, You’ve told me you’re having money troubles, and at the same time…

Dave Says: Keep your dignity, and work your way out

Dave Says: Keep your dignity, and work your way out

Dear Dave, My wife and I will both turn 30 next month. We have two young children, and we make a little over $85,000 combined. The problem is we have about $70,000 in debt. Some of it is credit card debt, but nearly $50,000 is in two car loans. Her mom and dad have offered…