Omicron slams into American businesses: 'We've taken a big nose dive'
CNN
Business was starting to turn around for Lido, an Italian restaurant in Harlem, after a grinding 20 months.
The 11-year-old restaurant with a James-Beard-award-winning head chef survived the traumatic spring of 2020, when New York City became the center of the coronavirus crisis in the United States. Lido shut down and then pivoted to outdoor dining. It navigated changing Covid-19 safety rules, mask requirements and vaccine mandates, supply chain delays, rising inflation, a labor shortage, and other challenges as it clawed its way to recovery.
"We were getting close to 100%," Susannah Koteen, who owns Lido and two other restaurants in New York City, said Monday.
Run 3 Space | Play Space Running Game
Traffic Jam 3D | Online Racing Game
Duck Hunt | Play Old Classic Game
The owner of Pornhub has suspended access to the website for users in France because of its objections to a new French law requiring pornographic sites to verify the age of their users, the country’s communications regulator said Tuesday.
While many US businesses are shifting manufacturing to southeast Asian countries to avoid heavy tariffs on China, the Dominican Republic has emerged as an attractive option thanks to its “free zones” and proximity to the US.
US President Donald Trump said Chinese leader Xi Jinping was “extremely hard to make a deal with” in a comment that comes as frictions rise between the two countries, weeks after they reached an agreement to de-escalate trade tensions.
The CEO of Google’s AI research arm DeepMind isn’t too worried about an AI “jobpocalypse.”
US tariffs on steel and aluminum doubled to 50% as of 12:01 am ET on Wednesday, a move cheered by the beleaguered US steel industry but decried by heavy users of the metals, from car makers to can manufacturers.
Warner Bros. Discovery shareholders voted on Tuesday to reject the pay packages for several of the company’s executives, including CEO David Zaslav’s compensation package of more than $50 million.
America’s two big public broadcasters, PBS and NPR, have 45 days to salvage their federal funding — starting now.
The US is at a low risk of an imminent economic crisis — but high risk in the long term, billionaire investor Ray Dalio writes in a new book.
McDonald’s is bringing back a once-iconic, long-requested, fan favorite food item: the Snack Wrap.
The number of available jobs in the US unexpectedly increased in April, signaling a potential undercurrent of strength in the labor market despite broader economic uncertainty.
Most US retailers are struggling from President Donald Trump’s tariffs. Dollar General could actually benefit.
President Donald Trump’s trade war will wreak greater economic damage than previously expected, both in the United States and everywhere else, according to new forecasts by the Organisation for Economic Co-operation and Development.
Trump’s tariff threat exposes China’s tight grip on the global pharmaceuticals industry