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Neiman Marcus files for bankruptcy as Pandemic cripples retail industry

Neiman Marcus filed for bankruptcy Thursday as the coronavirus pandemic continues to batter the retail industry. Neiman said in a statement that it entered into a restructuring agreement with creditors that will allow it to “substantially reduce debt and position the company for long-term growth.” Neiman did not announce any store closings Thursday. The company’s […]

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Georgia tax revenue swoons $1 billion amid virus disruptions

Georgia’s state tax revenues swooned by $1 billion in April thanks to coronavirus-related disruptions, as the number of COVID-19 infections in the state surpassed 30,000 confirmed cases and 1,300 deaths on Wednesday. The revenue figure is a grim omen as House lawmakers prepare to begin new hearings Thursday on the upcoming year’s budget. Agencies have […]

Posted inCOVID-19

Why are some planes crowded even with air travel down?

Every once in a while, social media lights up with photos or video from flights that are nearly full, with passengers clearly violating advice from public health officials about social distancing during the coronavirus pandemic. That raises the question: How can planes still be full when air travel is down more than 90% from a […]

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NNPA: Biden reveals his plan to empower Black America

When former Vice President Joe Biden sat for an exclusive live stream interview with National Newspaper Publishers Association (NNPA) President and CEO, Dr. Benjamin F. Chavis, Jr. in February, the now presumptive Democratic presidential nominee said it was crucial to secure the Black vote if he is to unseat President Donald Trump in November 2020. […]

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Supreme Court hears Obamacare contraceptive mandate challenge via telephone

The Supreme Court is taking up the Trump administration’s attempt to weaken the so-called contraceptive mandate Wednesday, the Affordable Care Act’s long controversial requirement that employer-provided health insurance plans cover birth control as a preventive service. The case is the latest dispute concerning Obamacare to come before the justices and pits supporters of the contraceptive […]

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ADP: More than 20 million jobs vanished in April

U.S. businesses cut an unprecedented 20.2 million jobs in April, an epic collapse with coronavirus outbreak closing the offices, factories, schools, construction sites and stores that propel the U.S. economy. The Wednesday report from payroll company ADP showed the tragic depth and scale of job losses that left no part of the world’s largest economy […]

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Reports: Inexperience and cronyism slowed Kushner-led efforts to procure medical supplies

A group of young, inexperienced volunteers was tasked with securing much-needed medical supplies for hospitals fighting coronavirus, hampering the government’s response to a growing pandemic, according to reports by The New York Times and The Washington Post. The group of roughly a dozen volunteers, mostly in their 20s, were part of a broader coronavirus supply-chain […]

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