LA City councilman proposes using federal stimulus funds to buy distressed properties for homeless housing

Landlords in Venice are calling Los Angeles City Councilman Mike Bonin “exploitative” and “predatory” after Bonin pitched a proposal to use federal stimulus money to buy up distressed properties that go “belly up” and turn them around into housing for the homeless.

Supporting through sharing with The Breakfast Club

Photos bring back warm memories and signs of hope from meetings with The Breakfast Club - a group founded by Valentina Janek in 2008 to gather people who she says were too old and too experienced to land jobs. Together they share stories of struggles and success while offering support.

Dow rises as S&P, Nasdaq slip in volatile session

The Dow Jones Industrial Average rose 110 points, or 0.47 percent, in the opening minutes of trading while the S&P 500 and Nasdaq Composite climbed 0.62 percent and 0.55 percent, respectively.

Sharing stories of struggle and succcess with The Breakfast Club on Long Island
video

Social distancing now means that members of The Breakfast Club, a group of people too "old and experienced" to land a job on Long Island meet online, but are still working to help each other every day.

Baskin-Robbins in Kansas posts 'Tiger King' joke about Carole Baskin on sign, sees sales double

The operator of a Baskin-Robbins ice cream shop in Kansas says she’s enjoying steady business thanks to a “Tiger King”-inspired joke she posted on the sign outside the store.

US unemployment claims surge by another 4.4 million

More than 4.4 million laid-off workers applied for U.S. unemployment benefits last week as job cuts escalated across an economy that remains all but shut down, the government said Thursday.

Senate majority leader suggests NY, NJ file for bankruptcy

As the House reassembles to send President Donald Trump a fourth bipartisan bill to help businesses crippled by the coronavirus, Senate Majority Leader Mitch McConnell, R-Ky., wants to put the brakes on aid to states.

Businesses hit by virus sue insurers; most reject claims

Millions of shuttered businesses nationwide have turned to their insurers to help recoup their losses following state-mandate closures, which combined may exceed $300 billion a month. But insurers have widely rejected the claims.

Publix buying excess milk, produce from farmers and donating it to food banks

As farmers around the country have been forced to dump milk and destroy produce due to the COVID-19 pandemic, Publix announced a new initiative to partner with those farmers and bring them some relief.

Grim economic forecast for department store chains

Department store chains are facing a grim economic forecast as the coronavirus crisis drags on.

NYC restaurant becomes delivery-bodega
video

Watching COVID-19 devastate his native country of Italy, Avocaderia co-owner Alessandro Biggo decided to close his three concept eateries three weeks ago and transformed his restaurants into an e-commerce site, offering delivery of grocery staples.

Dow climbs 456 points as oil stabilizes and small business funding nears

The Dow Jones Industrial Average climbed 456 points, or 1.99 percent, while the S&P 500 and Nasdaq Composite gained 2.29 percent and 2.8 percent, respectively.

Tyson to suspend operations at largest pork plant indefinitely following coronavirus outbreak

Tyson Foods suspended operations Wednesday at an Iowa plant that is critical to the nation’s pork supply but had been blamed for fueling a massive coronavirus outbreak in the community.

People missing out on stimulus checks because spouses are immigrants

Roughly 1.2 million U.S. citizens did not receive stimulus checks because they are married to immigrants who don’t have social security numbers and joint-filed their taxes.

Dow tumbles 631 points as oil selloff deepens

The Dow Jones Industrial Average tumbled 515 points, or 2.18 percent, in the opening minutes of trading. The S&P 500 and Nasdaq Composite dropped 1.76 percent and 1.2 percent, respectively.

Chipotle agrees to record $25 million fine over tainted food

The company admitted that poor safety practices, such as not keeping food at proper temperatures to prevent pathogen growth, sickened customers in parts of California.