BUSINESS
Nike Pulls Redskins From Online Site After FedEx Demands a Name Change
One day after investors demanded action from big-time corporate sponsors to force Washington to change its Redskins name, two major sponsors took action.
Washington Redskins Urged to Lose Name, or Millions in Sponsorships
The top Redskins sponsors are Nike, FedEx and PepsiCo. Each received a letter signed by 87 different investors and shareholder—whose total net worth is $620 billion—urging them to pull their sponsorships.
Extra $600 Unemployment Benefits to End 1 Week Early, Labor Department Says
The Labor Department said a technicality may cause many Americans to have their $600 of weekly unemployment benefits cut off one week early at the end of July.
In Good Company: 50 U.S. Businesses That Stood Out During the Pandemic
U.S. companies have pitched in, in droves, to help citizens and frontline workers during the deadly spread of coronavirus. Here are 50—from Coca-Coca and Airbnb to Tory Burch and Spanx—that stepped up.
Trader Joe's Shopper Kicked Out for Refusing to Wear Mask, Blames Democrats
A Trader Joe's shopper in North Hollywood, California screamed at employees after they asked her to wear a mask while inside the grocery store.
Mark Zuckerberg Drops Out of Top 3 Richest People Amid Facebook Ad Boycott
The Facebook CEO dropped out as one of the three richest people in the world this week, as the social media platform's founder lost $7.2 billion from a concerted advertising pullout from the company.
Several Airlines Booking to Full Capacity Prompt Concerns Over COVID-19
American Airlines is re-joining several major U.S. air carriers in booking all flights to full capacity beginning July 1, ceasing the coronavirus pandemic precautionary measure of leaving at least one seat open between passengers.
New Stimulus Will Help Businesses, Not Individuals: White House Adviser
White House economic adviser Larry Kudlow said a second stimulus package will not come until after July and will focus on small businesses and investors.
False stories in effort to delegitimize Black Lives Matter
NewsGuard's Misinformation Monitor tracks misinformation with exclusive data from five countries. Here's the June 2020 edition.
The 20 Largest Public U.S. Companies Without a Black Person On Their Board
Newsweek has identified the 20 largest publicly traded companies within the S&P 500 that do not have a single black director on their corporate boards. Procter & Gamble heads the list.
McConnell Could Lose Senate Seat If He Doesn't Deliver Bailout to Kentucky
A look at the Fortune 500, Mitch McConnell vs Amy McGrath and Warren Buffett's case for index funds solidified.
Don Jr. Set His Sights on Big Tech Months Before His Father's Twitter Feud
President Trump's eldest son foreshadowed the president's comments, saying social media platforms should lose government protection because they discriminate against conservatives.
Attention Congress: Why Federal Economic Benefits Are Needed Now More Than Ever |Opinion
On The Street Column: The post-COVID workplace, the fight over unemployment benefits, market timing and some new music.
Trump's Stock Market Gains Once Again Surpass Those of Obama
While Trump and his supporters have pointed to the stock market's rebound as a marker of economic success, tens of millions of Americans remain unemployed as the unemployment rate has surged into the double digits from a low of 3.5 percent in February.
Trump Store Rolls Out 'You Ain't Black' T-shirts Referencing Biden Remark
President Donald Trump's campaign is looking to capitalize - and profit - off of former Vice President Joe Biden's "you ain't black" remark Friday by selling a $30 t-shirt featuring the phrase.
Trump Organization Lays off 250 Resort Employees Due to Pandemic
At least 250 of the 560 Trump National Doral Miami resort employees who were furloughed in March were permanently laid off in May, the Trump Organization said in a letter to local government officials.
Did Obamacare Hater Sen. John Cornyn Really Tell Texans to Sign Up For the Affordable Care Act? | Opinion
On The Street: Cornyn becomes an Obamacare fan, the NFL tries to fix the Rooney Rule and the Dems and Repubs fight about enhanced unemployment payouts.
Most Publicly Listed Companies Won't Return Coronavirus Stimulus Aid
Treasury Secretary Steve Mnuchin has previously warned that companies that have taken the funds without proper justification could face "severe consequences."
Major Republican and Democratic campaign organizations are using shady "new
NewsGuard's Misinformation Monitor tracks misinformation with exclusive data from five countries. Here's the May 2020 edition.
20 Pick-Me-Up Gifts to Send During Covid-19
If you have a loved one who could use something to make them smile, we hand-picked more than 20 gifts and organized by price point to suit any budget.
House Transportation Chairman to U.S Airlines: Leave Middle Seats Open
The congressman said his request was prompted after he saw a photo on Twitter of "scared" and "shocked" passengers aboard a United Airlines flight.