Here’s the State of Play for America’s Ailing Department Stores

Time may be running out for many department stores. Those symbols of North America’s 20th century consumer culture were already in trouble before the coronavirus outbreak, as shoppers defected to discounters and web merchants. The pandemic may finish some off: retailers have furloughed workers, cut dividends and sought emergency financing and some are weighing bankruptcy. As CFRA analyst Camilla Yanushevsky […]

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Ranks of Absent U.S. Food Inspectors Swell on Virus, Union Says

We’re tracking the latest on the coronavirus outbreak and the global response. Sign up here for our daily newsletter on what you need to know. Almost 1,000 U.S. Department of Agriculture food inspectors, or about 15% of the workforce, are off the job as the coronavirus outbreak left workers sick, quarantined or facing a high risk to health, figures provided […]

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New North American trade pact to take effect July 1: USTR

Fox Business Flash top headlines for April 24 Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. U.S. Trade Representative Robert Lighthizer on Friday said he has notified Congress that the new U.S.-Mexico-Canada trade agreement will take effect on July 1, a month later than initially proposed. Continue Reading Below In a statement, Lighthizer said both […]

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Trump Holds Remarkably Short Briefing a Day After He Made 'Dangerous' Coronavirus Medical Suggestions

Some Republican senators voiced their own concerns to The New York Times earlier this month about Trump’s daily briefings. Sen. Lindsey Graham said Trump “sometimes drowns out his own message,” while adding “a once-a-week show” may be more effective. Another source told Axios on Friday: “I mean, you wonder how we got to the point where you’re talking about injecting […]

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Navy Recommends That Carrier’s Ousted Captain Be Reinstated

Navy officials are recommending that the ousted captain of the USS Theodore Roosevelt be returned to command of the aircraft carrier hit hard by the coronavirus, though Defense Secretary Mark Esper hasn’t made a final decision, according to a U.S. official. Captain Brett Crozier was dismissed by then-acting Navy Secretary Thomas Modly on April 2 for writing an impassioned memo […]

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Around ‘2m children face higher risks’ in lockdown

Around two million children in England face a range of vulnerabilities likely to worsen during the Covid-19 crisis, says the Children’s Commissioner. A report for her office has mapped out, by local area, the vast challenges faced by the schools and councils supporting them in lockdown. The risks range from mentally ill parents and substance abuse, to cramped housing and […]

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Pompeo Seeks Exceptions to WHO Funding Halt for Seven Countries

Secretary of State Michael Pompeo has recommended that the U.S. keep funding World Health Organization programs to fight polio and coronavirus in seven countries, a recognition that the group provides key services in some areas despite President Donald Trump’s criticism. State Department officials informed the National Security Council that the WHO is central to the fight against Covid-19 or polio […]

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Cuomo Dares McConnell to Let States Seek Bankruptcy

New York Governor Andrew Cuomo dared U.S. Senate Majority Leader Mitch McConnell to pass a bill allowing states to seek bankruptcy, saying it would signal to the stock market and other countries that the economy is flailing. “You want to send a signal to the markets that this nation is in real trouble? You want to send an international message […]

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