Fiesta Restaurant Group, parent company of Pollo Tropical and Taco Cabana, announced in an SEC filing that it would be returning $15 million in small business rescue loans. The company did not say why it was returning the funds. The news comes in the wake of public outcry against publicly traded companies receiving the loans.
New Jersey Gov. Phil Murphy is holding his daily press conference on the Covid-19 outbreak, which has infected more than 113,800 people in the state as of Wednesday.
Through her humorous blend of pop culture and finance, Haley Sacks is upending the gender barriers on Wall Street and amassing hundreds of thousands of followers around the globe. Her latest initiative: an unfiltered guide to financially surviving the coronavirus crisis.
New York Gov. Andrew Cuomo is holding his daily press conference on the Covid-19 outbreak, which has infected more than 295,100 people across the state as of Wednesday.
Some 1.6 billion people in informal work are in danger of losing income due to the coronavirus pandemic, the International Labour Organisation has estimated.
Researchers at Cambridge University and the U.S. Federal Reserve Board found that imposing no lockdown measures in the face of Covid-19 was "extremely risky" for developed economies.
"We are a ways off in terms of having a vaccine available at .. that kind of scale. But in doses of millions, it could be available much sooner than that," the former FDA chief said.
New York City Health Commissioner Dr. Oxiris Barbot said last week that nearly 1 million residents probably have been exposed to the coronavirus, well above the number of confirmed cases.