Business News
Chef Tom Colicchio says coronavirus government relief package 'doesn't really work' for restaurants
(NEW YORK) -- Restaurants have been among those hardest hit by the coronavirus pandemic. At a time when the future of the foodservice industry feels uncertain, one chef has called…
Coronavirus economic updates: Pandemic could plunge half a billion into poverty
(NEW YORK) -- The coronavirus pandemic has quickly evolved from a health care crisis to a financial one, shuttering businesses, upending industries and sending financial markets reeling.Here's the latest news…
6.6 million more Americans file for unemployment
(WASHINGTON) -- An additional 6.6 million Americans filed for unemployment last week, according to data released Thursday by the Labor Department.Thursday's figure adds to the some 10 million people that…
Struggle to apply for unemployment continues across the country
(NEW YORK) -- When Alex Rasky was forced to shut down his family-owned retail location in Florida, he quickly realized he would have to file for unemployment. It took time…
Day of Hope: How to help food banks on the front lines of the COVID-19 crisis
(NEW YORK) -- The coronavirus pandemic has infected more than 400,000 people and killed at least 13,000 in the United States so far.Another serious consequence of the outbreak: food insecurity.With…
Walmart hit with wrongful death lawsuit after employee dies of COVID-19 complications
(CHICAGO) -- A relative of a Walmart employee in Illinois who died from COVID-19 complications filed a wrongful death lawsuit against the retail giant, alleging the store did not do…
Minority-owned small businesses face unique, steep hurdles amid coronavirus cash crunch
(WASHINGTON) -- Tuan Ngo seemed to be at a dead end this weekend as he tried to apply for emergency loans for his nail salon business in Washington state, which…
Lawmaker urges airlines to issue refunds: 'We bailed out your company, now bail out these passengers'
(WASHINGTON) -- As passengers continue to voice frustrations with U.S. airlines over rejected refund claims amid the coronavirus outbreak, one lawmaker told ABC News a potential future stimulus bill should…