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COVID-19

COVID-19

It's suddenly a great time to be in the meal-kit business

by Andie Corban and Kai Ryssdal
May 19, 2020
"Our volume has increased by about 100% over the past eight weeks," Purple Carrot CEO Andy Levitt says.
A farmer works in a broccoli field in March.
Julio Cesar Aguilar/Getty Images
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COVID-19

As cities move to cap delivery app fees, some restaurants worry

by Meghan McCarty Carino
May 19, 2020
Some fear the apps will pass fees on to consumers, who might balk.
An Uber Eats delivery person in April. Some delivery companies say a decrease in fees they charge restaurants would be passed on to consumers.
Pascal Guyot/AFP via Getty Images
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COVID-19

Some big companies seek breaks on rent

by Mitchell Hartman
May 19, 2020
Commercial leases are typically hard to break, but many landlords are willing to defer or discount rent right now
A WeWork office in San Francisco. WeWork's CEO said the company hasn’t paid April and May rent in some locations.
Justin Sullivan/Getty Images
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COVID-19

Home-improvement stores thrive as residents take on projects

by Erika Beras
May 19, 2020
Home Depot reported a 6% increase in sales and True Value says paint sales are up more than 20% as Americans use lockdown to clean up, paint up, and fix up.
A Home Depot in Miami. The home improvement chain reported a 7% increase in quarterly revenue.
Chandan Khanna/AFP via Getty Images
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COVID-19

Reshoring gets new attention during COVID-19

by Sabri Ben-Achour
May 19, 2020
As the coronavirus has exposed weaknesses in supply chains, efforts are renewed to bring manufacturing back to the United States.
President Donald Trump gives a speech in 2017. There's a renewed effort to bring American companies' production back to the U.S. during the COVID-19 pandemic.
Bill Pugliano/Getty Images
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COVID-19

Working remotely is a cost-cutting reality for oil and gas companies amid COVID-19

by Andy Uhler
May 19, 2020
Oil companies raced to digitize during the last downturn. COVID-19 is pushing the industry to embrace remote working technology even more.
An oil rig in Taft, California. COVID-19 is pushing the oil industry to embrace remote working technology more than it already was.
David McNew/Getty Images
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COVID-19

Trump threatens to end WHO funding over "repeated missteps" in COVID-19 response

by David Brancaccio , Victoria Craig and Alex Schroeder
May 19, 2020
Trump has accused the WHO of lacking independence from China based on a review his administration has carried out.
In a late-night tweet, the president warned the WHO it has 30 days to make "substantive improvements" in becoming more independent.
Doug Mills - Pool/Getty Images
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COVID-19

Chegg CEO: In the short term, COVID-19 will be "devastating" for higher ed

by Kai Ryssdal and Sean McHenry
May 19, 2020
Dan Rosensweig, CEO of educational tech company Chegg, predicts COVID-19 will dramatically change higher education as we know it.
The campus of Georgetown University in Washington, D.C., is seen nearly empty as classes were canceled due to the coronavirus pandemic.
Saul Loeb/AFP via Getty Images
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COVID-19

Treasury offers new guidance on PPP loan forgiveness

by Justin Ho
May 19, 2020
The new application form for the forgiveness program offers some clarification on significant points.
The new guidelines mean businesses can bring back fewer employees and still meet the Treasury’s forgiveness requirements.
Joe Raedle/Getty Images
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COVID-19

Home improvement sales are holding steady despite the overall retail slump

by Kristin Schwab
May 19, 2020
As people spend more time at home because of COVID-19, they are thinking about how they can improve those spaces.
Home improvement sales saw only a small dip in the U.S. in April.
Ming Yeung/Getty Images
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