Ensure The U.S. Does Not Face Future Shortages of Critical Equipment
Ensure The U.S. Does Not Face Future Shortages of Critical Equipment
By Renae Merle @ WashingtonPost.com/Business, July 6
Eviction moratoriums and unemployment benefits are expiring, which will have a bigger effect on minority neighborhoods, experts say.
With video from TV report as well as text, which I watched and recommend.
The White House claimed on Monday that the US has been “a leader” in the global fight against coronavirus, despite infections nationally now approaching 3m, with 130,000 deaths, and America recently witnessing the highest ever number of new daily cases reported in the world.
With the majority of US states reporting increases in new cases, the White House press secretary, Kayleigh McEnany, said at a briefing on Monday afternoon: “I think the world is looking at us as a leader in Covid-19.”
Lucky Brand is the latest major retailer to file for bankruptcy since May, following J. Crew, J.C. Penney, GNC and others
By Abba Bhattarai @ WashingtonPost.com/Business, July 6
The retail industry, in turmoil for years, is facing its biggest test yet as the coronavirus crisis pushes some of the nation’s most vulnerable brands to the economic brink.
Pandemic-motivated closures and stalling demand left many prominent retailers looking for ways to preserve cash. Some stopped paying rent. Others furloughed workers, cut executive pay and canceled orders for new inventory. But as the economy begins sputtering back to life, bankruptcy attorneys and analysts say a growing number of companies will find they just don’t have enough cash to keep going.
Graphic: The iconic brands that could disappear because of coronavirus
Here is a running tally of pandemic-era bankruptcy filings. This list will be updated [....]
Found retweeted by Maggie Haberman. Goldenberg is City Hall Bureau Chief @ Politico NY. I think us New Yorkers are really screwed at least until he's gone; few good people left.
he finally lost his long battle against the affects of coronavirus infection:
CBS NEWS Anchor Margaret Brennan: “We are committed to bringing you the facts about the virus and the most knowledgeable guests that we can,” she said. “We think it’s important for our viewers to hear from Dr. Anthony Fauci and the Centers for Disease Control. But we have not been able to get our requests for Dr. Fauci approved by the Trump administration in the last three months, and the CDC—not at all. We will continue our efforts.”