Gold’s Gym filed for Chapter 11 bankruptcy protection Monday as the coronavirus pandemic wreaks havoc on the company’s business.
Author: Nathan Bomey, USA TODAY
Elon Musk says Tesla stock price is ‘too high,’ continues criticism of coronavirus shutdowns
Tesla CEO Elon Musk apparently said Friday morning on Twitter that his company’s stock price is “too high.”
Boeing borrows $25 billion instead of pursuing federal bailout amid coronavirus, 737 Max crises
Boeing issued a $25 billion bond offering to shore up its finances amid the coronavirus and 737 Max crises instead of pursuing a federal bailout.
CVS, Walgreens ramp up free coronavirus testing outside of stores
CVS and Walgreens announced Monday that they will offer free coronavirus testing at certain stores to patients who meet CDC criteria.
Tyson chairman warns of ‘meat shortages’ as industry faces scrutiny for worker safety during coronavirus
The chairman of Tyson Foods is warning of “meat shortages” due to a breakdown in the food supply chain stemming from coronavirus outbreaks.
What is remdesivir? Gilead Sciences drug reportedly shows promise treating coronavirus
Remdesivir, a Gilead Sciences antiviral drug, is reportedly showing promise for the treatment of the coronavirus in clinical trials.
J.C. Penney considering bankruptcy as coronavirus hurts department stores
J.C. Penney is considering a bankruptcy filing as it grapples with the economic fallout from the coronavirus and ongoing challenges.
Cash ‘as important to Americans as Purell and toilet paper’: 3 in 10 Americans have lost income due to coronavirus
Tax Day is usually April 15 but this year Americans have a reprieve until July 15 due to the coronavirus. But less than half are taking the extension.
DoorDash, GrubHub, Uber Eats accused of charging ‘exorbitant fees,’ using ‘monopoly power’
A new lawsuit against GrubHub, DoorDash and others accuses them of charging “exorbitant fees” and forcing restaurants to raise their prices.
Can these 10 retailers avoid permanent store closings amid coronavirus pandemic?
These 10 retailers, including Forever 21 and JC Penney, are trying to stave off permanent closures as the coronavirus pandemic crushes their finances.