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Tag: coronavirus

McDonald’s is halting its U.S. reopening plans as coronavirus cases spike

A worker cleans the floor in a McDonald’s restaurant in the Chicago Loop on March 19, 2020 in Chicago, Illinois. Scott Olson | Getty Images McDonald’s is pausing its U.S. reopening plans for 21 days as coronavirus cases spike across the country. States like Michigan, Colorado and Florida have been responding to the recent surge …

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The Guardian view on local lockdowns: share the data faster | Coronavirus outbreak

In the game of whack-a-mole, the target pops up in one location and, once hammered down, appears immediately somewhere else. The defining features of the exercise are randomness and futility, which makes it an unfortunate metaphor for Boris Johnson to use for his government’s strategy when dealing with local Covid-19 outbreaks. The re-imposition of lockdown …

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Here are five charts illustrating the U.S. economic recovery amid the coronavirus pandemic

A passenger walks through Reagan National airport as the novel coronavirus (COVID-19) pandemic continues to keep airline travel at minimal levels and the U.S. economy contracts in the first quarter at its sharpest pace since the Great Recession, in Washington, April 29, 2020. Kevin Lamarque | Reuters Direction requests Data from navigation tool Apple maps …

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Darden Restaurants (DRI) Q4 2020 earnings hurt by coronavirus closures

An Olive Garden restaurant in Times Square in New York. Richard Levine | Corbis | Getty Images Darden Restaurants on Thursday reported that same-store sales were nearly cut in half during the fiscal fourth quarter as dining room closures from the coronavirus pandemic weighed on its revenue. But the Olive Garden parent expects its business to …

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Darden CEO says consumers haven’t changed as coronavirus cases spike

A customer carries a to-go bag outside a Darden Restaurants Inc. Olive Garden restaurant in Clarksville, Indiana, U.S., on Thursday, March 5, 2020. Luke Sharrett | Bloomberg | Getty Images Darden Restaurants CEO Gene Lee said that the company has not seen any changes to consumer behavior even as Covid-19 cases begin to spike in some …

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No going back to normal after the pandemic? Don’t bet on it | Coronavirus outbreak

As the US army rolls into a newly liberated Paris, a woman sits serenely under the only working hairdryer in the city. The war photographer Lee Miller’s iconic shot of a salon reopening amid the rubble in the summer of 1944 could easily have become an image of heartless vanity when Vogue published it. Who …

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Albertsons CEO says IPO is ‘a great accomplishment’ amid coronavirus pandemic

Albertsons CEO Vivek Sankaran said Friday that he’s pleased about the company’s initial public offering, even as its shares fell a few dollars short of expectations. The grocery store operator began trading Friday on the New York Stock Exchange under the ticker “ACI.” It debuted at a lower-than-expected $16 per share, below its $18-$20 target range.  …

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Saks Fifth Avenue says traffic hasn’t dropped as coronavirus cases rise

Luxury retailer Saks Fifth Avenue said it hasn’t seen a change in shopping patterns in Florida, Texas and other states where coronavirus cases are rising. On CNBC’s “Closing Bell,” Saks Fifth Avenue President Marc Metrick said shoppers are still going to stores to buy handbags, shoes and other items. “We’re still seeing the traffic there,” …

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These retailers have the most stores where coronavirus cases are up

A shopper shops in a Ross store. Francis Dean | Corbis | Getty Images As coronavirus cases surge in a number of hot spots across the country, some retailers may be more at risk than others of having to shut their stores down again.  The higher rates of Covid-19 have tended to follow decisions by …

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PGA Tour procures smart bands to detect coronavirus symptoms in golfers

The PGA Tour is giving WHOOP straps ot more than 1,000 employees, staff and players at upcoming events to help detect possible signs of COVID-19 Source: Whoop PGA Tour golfer Nick Watney said it was his wearable fitness tracker that first alerted him that he may have coronavirus. Watney has worn his Whoop fitness tracker …

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