Constant openings and closings may be 'death knell' for restaurants, says Junior's Cheesecake owner

Junior's Cheesecake owner Alan Rosen told CNBC on Monday that restaurants would be in serious financial trouble if they have to reopen then close back down due to the coronavirus pandemic. 

"This opening and closing could be the death knell of restaurants in this country," Rosen said on "Power Lunch." "When people are buying up food, then you throw out $100,0...

Continue reading
Half of Nevada's businesses failed to follow rules on masks, state investigators say

Nevada is among the states with the fastest rising rates of coronavirus infection, and state investigators have reported less than 50% of the businesses observed on July 2 complied with the governor's order requiring face masks in public.

Nevada Gov. Steve Sisolak has promised "swift and decisive" action this week against industries that continue to flout the rules. 


Continue reading
Shoppers across the country are retreating again as coronavirus cases surge

Just as shoppers were beginning to inch back to stores, with local economies reopening and malls turning their lights back on, retail traffic declines are accelerating yet again, according to a report. 

Retail traffic in the U.S. was down the most so far in 2020, on a year-over-year basis, during the week ended April 18, according to data from the retail consultancy ShopperTrak. It fell 8...

Continue reading
Harvard will allow some students on campus this fall so long as they take coronavirus tests every 3 days

Harvard University is welcoming freshmen and some other students to campus this fall semester, but students will have to take coronavirus tests every three days, classes will be taught online and it won't discount tuition, the school announced Monday. 

Upperclassmen will be able to petition to return if they don't have sufficient technology at home or have challenging family cir...

Continue reading
NY Gov. Cuomo says President Donald Trump is 'enabling' the coronavirus pandemic

President Donald Trump is exacerbating the coronavirus pandemic by playing down the problem and telling Americans they don't have to wear a mask, New York Gov. Andrew Cuomo said Monday. 

Trump "says a lot of things, right? They're not necessarily facts, they're not necessarily true," Cuomo said at a press briefing in Albany.

"He wants to deny the Covid ...

Continue reading