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Latest banking, trade, company, brands, financial and economic news of the United States and our partners

Century-Old Rental Company Hertz Files for U.S. Bankruptcy Protection

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Hertz Global Holdings has applied for financial assistance to protect businesses from the COVID-19 negative effects. It happened on Friday 22 May. As a...

Specialty’s Café & Bakery Shuts Down Forever After 33 Years

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Specialty’s Café & Bakery stops working forever after more than 30 years after founding. The well-known and praised Bay Area-based restaurant chain...

Bankruptcy After 118 Years: JC Penney Is Falls Victim to COVID-19

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One of the most notorious department store chains in the U.S., JC Penney, has filed for Chapter 11 bankruptcy protection on May 15th.

Elon Musk Tweets “Facebook Sucks” At Facebook’s head of AI

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Elon Musk's conflict with Facebook is getting worse. In a new statement, the inventor sharply criticizes the main people of the popular social network.

Attorneys General Demand Truthful COVID-19 Data From Amazon And Whole Foods

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The US Attorney's Office believes that Amazon and Whole Foods are hiding the number of workers who have contracted the coronavirus. A group of...

Beauty Salon Owner Gets 7 Days In Jail For Refusing To Shut Down Business

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The À la Mode beauty parlor in Dallas was on hold but should be closed. Its owner, Shelley Luther, will soon begin serving a...

No Hollywood Premiers, No Show: AMC Theaters Refuse To Reopen

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As business outlets across the U.S. begin to take risks and open their doors again, the movie theater chain AMC says it will not...

Goldman Sachs Warns Biggest Retraction in History

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Stable gold and volatile bitcoin today are the best assets with high growth dynamics, as practice shows. The situation is associated with a natural...

Farmers Throw Away Milk During Coronavirus Pandemic

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As milk consumption and demand falls so too does the price of milk. The scale which has engulfed US dairy farmers is...

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