Burger King’s parent is giving cash advances and rent deferrals to franchisees

Burger King’s parent is giving cash advances and rent deferrals to franchisees

Jose Cil, CEO of Restaurant Brands International, speaks during an interview with CNBC on the floor at the New York Stock Exchange, November 6, 2019. Brendan McDermid | Reuters Restaurant Brands International is sending cash to franchisees and deferring rents as part of an effort to support its operators. The coronavirus pandemic has put pressure on […]
Airline workers brace for smaller paychecks despite aid

Airline workers brace for smaller paychecks despite aid

Delta Air Lines passenger planes are seen parked due to flight reductions made to slow the spread of coronavirus disease (COVID-19), at Birmingham-Shuttlesworth International Airport in Birmingham, Alabama, U.S. March 25, 2020. Elijah Nouvelage | Reuters Employees of...
3M scrambles to meet coronavirus demand for face masks

3M scrambles to meet coronavirus demand for face masks

The maker of Post-It notes and Scotch Tape is also the maker of perhaps one of the most desperately needed medical supplies in the world right now.  A face mask.  The $32 billion Minnesota conglomerate 3M is one of the world’s largest manufacturers of N95...
Congress must do more to address serious retail crisis

Congress must do more to address serious retail crisis

Many U.S. retailers are facing a financial shock from the coronavirus that has yet to be fully addressed by Washington lawmakers, L.L.Bean CEO Stephen Smith said Monday.  “I think it’s a really serious situation, and I actually don’t think it’s...
Automakers plan to reopen plants as Trump extends COVID-19 guidelines

Automakers plan to reopen plants as Trump extends COVID-19 guidelines

Fiat Chrysler Automobiles assembly workers build 2019 Ram pickup trucks at the FCA Sterling Heights Assembly Plant in Sterling Heights, Michigan, October 22, 2018. Rebecca Cook | Reuters Major automakers are continuing with plans to restart U.S. vehicle production...