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Economy

Delaware Gov. John Carney
Health

Coronavirus update: GOP lawmakers demand earlier, wider Del. reopening, call Carney moves ‘unconstitutional’

The Republicans who signed the letter to Gov. John Carney want him to start the first phase of reopening this weekend, not his June 1 target date.

6 years ago

(Jake Dean/Dallas Business Journal)
Money
Philadelphia Business Journal

Home decor retailer to cease operations, liquidate Philadelphia-area stores

A Texas-based home decor retailer has filed a motion seeking bankruptcy court approval to begin a wind-down of its retail operations.

6 years ago

Facebook hopes to make commerce a bigger part of its operation by letting businesses set up storefronts in its apps. (Facebook)
NPR
Money

Facebook launches virtual shopping mall, saying it will help small businesses

The social network is positioning its new commerce feature as a way to help small businesses that have been hit hard by the coronavirus pandemic.

6 years ago

Shoppers began showing up earlier this month at International Plaza in Tampa, Fla. Mall business has been slow to pick up, with a lot of people still reluctant to venture out. (Chris O'Meara/AP)
NPR
Health

Businesses are reopening, but customers may not be ready to go back

Analysts say that businesses and their customers, through their actions, will decide when the economy opens up again.

6 years ago

People wearing a protective face masks as a precaution against the coronavirus walk on the beach in Belmar, N.J., Saturday, May 2, 2020. (AP Photo/Matt Rourke)
The Why
Lifestyle

Social distancing and summer at the Jersey Shore

N.J. beaches will be open just in time for Memorial Day weekend. But how could a socially-distanced Jersey Shore change the close culture beach-goers love?

Air Date: May 18, 2020

Listen 14:22
Uber is restructuring its business to focus on rides and food delivery, which has been a bright spot for the company during the pandemic. (Pascal Guyot/AFP via Getty Images)
NPR
Money

Uber cuts 3,000 more jobs as pandemic squeezes ride-hailing

The company is slimming down to focus on rides and food delivery while cutting $1 billion in costs this year.

6 years ago

Community FoodBank of New Jersey
Money
NJ Spotlight

Casino workers struggle as Atlantic City sees last year’s gains fade away

While casinos and local unions formulate guidelines for reopening, city government fights off a referendum and out-of-work residents line up for food.

6 years ago

USPS carrier Henrietta Dixon
Community

Post offices, beloved community hubs, fight virus-era threat

Postal Service officials insist they’ll run out of money by September without help. This month, they reported a $4.5 billion loss for the last fiscal quarter.

6 years ago

Shoppers walks past a sign encouraging masks at SouthPark Mall, Wednesday, May 13, 2020, in Strongsville, Ohio. (AP Photo/Tony Dejak)
Money

US retail sales plunged a record 16% in April as virus hit

Other than online, not a single retail category was spared in April. Auto dealers suffered a monthly drop of 13%.

6 years ago

IF Lab cofounders Tayyib Smith and Meegan Denenberg (Facebook / Little Giant Creative)
Community
Billy Penn

Entrepreneurs of color from around the nation connect at IF Lab’s first virtual symposium

The new speaker series is based in Philly, but has a much wider reach.

6 years ago

Donna Partin owns four franchises in south-central Pennsylvania of Merry Maids cleaning service. (Kate Landis/PA Post)
The Why
Money

Unemployment’s unintended consequences

As Congress debates whether to extend benefits, here's a deeper look at why the unemployment system isn't working for many of the nearly 2 million Pa. residents out of work.

Air Date: May 14, 2020

Listen 18:21
(Danya Henninger/Billy Penn)
Radio Times
Politics & Policy

The battle over the United States Postal Service

The latest institution to face financial ruin in the wake of the coronavirus pandemic is one of America's oldest and most popular agencies: The United States Postal Service.

Air Date: May 14, 2020

Listen 49:00
A woman looks at signs at a store closed due to COVID-19. (AP Photo/Nam Y. Huh)
Money

36 million have sought US unemployment aid since virus hit

Roughly 36 million people have now filed for jobless aid in the two months since the coronavirus first forced millions of businesses to close their doors.

6 years ago

A Jersey Shore beach scene.
Down the Shore
Community

Murphy: Expect ‘new normal’ at the Jersey Shore by Memorial Day weekend

Murphy said Tuesday that he expects "some semblance" of a new normal at the Jersey Shore by Memorial Day weekend, the traditional start to the summer season.

6 years ago

This Aug. 11, 2019 file photo shows credit cards in New Orleans. (AP Photo/Jenny Kane)
Money

Why the prospect of deflation could pose a threat to US economy

The economic paralysis caused by the coronavirus led in April to the steepest month-to-month fall in U.S. consumer prices since the 2008 financial crisis — a 0.8% drop.

6 years ago

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