No matter how you slice the numbers, Trump’s figure makes little sense. Politics SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and save up to 80% off of your medicine! SPECIAL DONATION REQUEST UPDATE: Please … Read more…
Tag: Percent
80 percent of NYC eateries couldn’t afford June rent amid coronavirus
Many restaurants closed during the peak of the pandemic in March through May. Business | New York Post SPECIAL DEAL UPDATE:
Deal: TCL’s 10 Pro and 10L Phones Are 15 Percent Off
The 10 Pro and 10L have quickly become some of our favorite contenders in the budget smartphone space. They’re now discounted for a limited time. Feed: All Latest BEST DEAL UPDATE:
All Otterbox Star Wars cases are 20 percent off today only
Otterbox is slashing prices on its Star Wars collection in honor of the punny “I am Your Father’s Day.” Today only, you can save 20 percent off their typically durable cases. These usually run between $ 45 and $ 55 … Read more…
Will Aurora James’ 15 Percent Pledge Help Start a Black Retail Revolution?
Citizen Couture/Condé Nast via Getty The last few months have been turbulent for fashion—just as it has been for all businesses. Apparel and retail, which employs nearly 16 million people, was hit particularly hard as brick-and-mortar stores had to shut … Read more…
Retail Sales Rise by 17.7 Percent
The latest on stock market and business news during the coronavirus outbreak. NYT > Business > DealBook SPECIAL NEWS BULLETIN: SPECIAL NEWS BULLETIN: Click today to request your free ACRX discount prescription card and save up to 80% off of … Read more…
China’s Tencent reveals 5 percent stake in Warner Music
China’s Tencent Music Entertainment Group on Friday reported a 5.2 percent passive stake in Warner Music Group Corp., about a week after the world’s third-largest recording label’s debut on the Nasdaq. Tencent Music is controlled by Chinese tech giant Tencent … Read more…
Ninety Percent of Indie Music Venues Expect to Close Forever if Shutdowns Last for Months to Come
In a survey of independent concert venue owners in America, 90% said that they expect to shut down permanently in a few months if no federal funding becomes available. The poll was conducted by the National Independent Venue Association among … Read more…
Online used car seller Vroom surges 83 percent in IPO
Shares of online used car seller Vroom Inc. soared nearly 83 percent in their market debut on Tuesday, as the US IPO market roars back to life after the coronavirus crisis slammed the brakes on new listings. Shares opened at … Read more…
Treasury yields may break above one percent faster than BofA forecast due to stronger than expected labor market
BofA Global Research’s Mark Cabana reacts to May’s employment report, and how the Fed may address it this week. Finance FINANCE UPDATE:
Some 80 percent of Americans say country ‘out of control,’ poll finds
An overwhelming majority of American voters believe that things are “out of control” in the country, according to a new poll. The newest NBC News/Wall Street Journal poll posed the question “When it comes to the country these days, do … Read more…
The Athletic Lays Off 8 Percent of Staff
The sports journalism subscription website said the cuts affect 46 employees, including journalists and others in its business department. NYT > Sports BEST DEAL UPDATE:
Grubhub rises 7 percent on news of European suitors
Grubhub has received interest from at least two European companies, Delivery Hero and Just Eat Takeaway.com, as potential acquirers, CNBC reported on Friday, citing people familiar with the matter. The news sent shares of Gruhub, which owns food delivery app … Read more…
Private equity firm in talks to buy JCPenney, shares up 55 percent
Private equity firm Sycamore Partners is in preliminary talks to acquire JCPenney out of bankruptcy should the US department store chain’s negotiations with its creditors fail, three people familiar with the matter said on Friday. Shares of JCPenney jumped almost … Read more…
New York City’s signed real estate contracts decrease by 87 percent in May 2020
CNBC’s Robert Frank reports on how the New York City real estate market is getting hit by the coronavirus pandemic and what the forecast looks like. Real Estate BEST DEAL UPDATE:
Quibi asks top execs to take 10 percent pay cut as layoffs loom
Quibi, the new start-up from Hollywood mogul Jeffrey Katzenberg, is in cutting mode already. Just a month after it launched on April 6, the mobile streaming service is asking senior executives to take a 10-percent pay cut as coronavirus lockdowns … Read more…
Box office could see 50 percent drop in ticket sales this year, analyst finds
The coronavirus will slash box office revenues in half this year, and the pandemic is now poised to weaken the longtime status of movie theaters as destinations for first-run movies, according to an influential media analyst. Media | New York … Read more…
MoneyGram surges 31 percent on possible Western Union deal
MoneyGram shares jumped 31 percent in afternoon trading on Tuesday, a day after reports that larger rival Western Union offered to buy the company. The deal comes as MoneyGram is about $ 878 million in debt, according to Bloomberg, and as … Read more…
Renault to Slash Jobs by 8 Percent
The French carmaker said it would close assembly lines and abandon China as sales plunge. Other carmakers are expected to take similarly harsh measures. NYT > Business BEST DEAL UPDATE:
Fox News Promoted Hydroxychloroquine. A New Study Now Links It to a 45 Percent Higher Risk of Death
The Daily Beast SPECIAL NEWS BULLETIN: Click today to request your free ACRX discount prescription card and save up to 80% off of your medicine! SPECIAL DONATION REQUEST UPDATE: Please help American Consultants Rx achieve it’s biggest goal yet of … Read more…
Google says 70 percent of serious security bugs are memory safety issues
Google notes in this memory safety report that Chromium’s security architecture was designed to assume that such bugs exist, using sandboxes to help stop them from taking over host machines. It’s an effort that has allowed the team to stay … Read more…
Number of black business owners falls 40 percent, far more than other groups amid the pandemic
Minority-owned businesses have suffered disproportionately in a crisis that’s also killing nonwhite Americans at higher rates and eliminating more of their jobs. Business BEST DEAL UPDATE:
Autism risk estimated at 3 to 5 percent for children whose parents have a sibling with autism
Roughly 3 to 5 percent of children with an aunt or uncle with autism spectrum disorder (ASD) can also be expected to have ASD, compared to about 1.5 percent of children in the general population, according to a new study. … Read more…
Best Buy stock falls 4 percent as it ups spending on delivery services
Best Buy said on Thursday it expects profit margins to be under pressure in the second quarter, as it spends more on expanding delivery services. Business | New York Post SPECIAL NEWS BULLETIN: Click today to request your free ACRX … Read more…
Atlantic Media lays off 20 percent of staff amid advertising collapse
Atlantic Media, publisher of The Atlantic magazine, said it will cut about 20 percent of its staff in response to the advertising collapse tied to the coronavirus crisis. Media | New York Post SPECIAL DISCOUNT DEAL:
SelectQuote jumps 40 percent in IPO as more consumers shop for insurance online
Shares of SelectQuote jumped more than 40 percent in their stock market debut on Thursday, giving the insurance policy comparison Web site a market valuation of over $ 4 billion. The company’s stellar offering is the latest sign of thawing … Read more…
Target’s online sales surge 141 percent amid coronavirus panic buying
Target Corp’s quarterly online sales surged 141 percent due to panic buying in the coronavirus crisis, the retailer said on Wednesday, driving results past Wall Street expectations even as its operational costs soared. The company said it had set aside … Read more…
Child Vaccinations Plummet 63 Percent, a New Hurdle for N.Y.C. Schools
Parents have hesitated to take children to doctors’ offices, but students will have to meet immunization requirements to attend school in the fall. NYT > Education EDUCATION DEAL UPDATE:
Wearing a face mask can reduce coronavirus transmission by up to 75 percent, study says
Researchers on Sunday found that wearing surgical masks can significantly reduce the rate of airborne COVID-19 transmission, amid a debate over the effectiveness of wearing them during the coronavirus pandemic. FOX News SPECIAL NEWS BULLETIN: Click today to request your free ACRX … Read more…
Scientists genetically modified a mouse to be 4 percent human
Scientists mixing the genetic building blocks of two different animal species sounds like the beginning of a bad science fiction movie, but that’s precisely what a team of researchers just did by injecting human stem cells into mouse embryos. Just … Read more…
Aurora Cannabis jumps 55 percent thanks to lockdown stockpiling
Aurora Cannabis posted a smaller loss compared with the prior quarter as customers in the US and Canada stockpiled cannabis ahead of lockdowns, sending its US-listed shares up 13 percent after the bell on Thursday. Business | New York Post … Read more…
Report: MLS seeks to cut player salaries 20 percent
With around one-third of the Major League Soccer season already postponed due to the coronavirus pandemic, teams apparently are looking for salary relief. Reuters: Sports News FASHION UPDATE:
Payday lenders that charge 400 percent interest want access to small-business loans
For years, payday lenders have defended their business model. Now, the industry wants access to taxpayer-funded loans at 1 percent interest. Business BEST DEAL UPDATE:
Nearly Half of Men Say They Do Most of the Home Schooling. 3 Percent of Women Agree.
A survey suggests that pandemic-era domestic work isn’t being divided more equitably than before the lockdown. NYT > Style BEST DEAL UPDATE:
DaBaby Claims Driver Assault Allegations ‘100 Percent False,’ People Are Not Convinced
The ‘Suge’ rapper only earns backlash from social media users after he spoke up about an arrest warrant issued for him for allegedly punching a driver in Las Vegas. Aceshowbiz.com – Celebrity News BEST DEAL UPDATE:
