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Starbucks Earnings (SBUX) Q3 2020

People wear face masks outside Starbucks in the middle of the city as the city shifts to Phase 2 of reopening following restrictions set to curb the June 23, 2020 coronavirus pandemic in New York City. Noam Galai | Getty Images Starbucks returned to a loss during the third fiscal quarter, while its sales at the same store fell 40% …

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McDonald’s closes 200 American restaurants, some inside Walmart stores

CLOSE The new GOP plan includes another check for Americans and ongoing assistance for the unemployed. USA TODAY McDonald’s is permanently closing 200 of its 14,000 seats in the US this year with “low-volume restaurants” in Walmart stores that account for more than half of the closures. During its quarterly earnings call on Tuesday, the fast food giant said the …

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As U.S. Arms Sales, Remington Bankruptcy Files: NPR

Remington Arms booths at the 2015 National Rifle Association annual meeting in Nashville. Daniel Acker / Bloomberg via Getty Images hide the title change the subtitles Daniel Acker / Bloomberg via Getty Images Remington Arms booths at the 2015 National Rifle Association annual meeting in Nashville. Daniel Acker / Bloomberg via Getty Images Remington Arms filed for bankruptcy in federal …

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Pfizer begins Phase 3 trial as Fauci expresses optimism over vaccine timeline

Moderna (MRNA) also announced yesterday the Phase 3 trial, which it is doing with considerable funding and support from the federal government. Johnson & Johnson (JNJ) also announced the entry into the candidate’s stage 1 hers. Pfizer executives told investors Tuesday that they see the pandemic as a source of repeat revenue with the vaccine becoming a seasonal need, like …

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Virgin Galactic SpaceShipTwo cabin surrounds you with windows

“It’s a great moment because although the event may be virtual its importance has begun to open up space for everyone it’s very real,” Virgin founder Sir Richard Branson said during today’s unveiling. “It’s, which was created specifically to allow thousands of people to safely achieve their space flight dreams.” “Someone once told me the Virgin Galactic spacecraft was the …

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Both Democrats, the GOP are now on board for a second wave of PPP loans

Cardin noted that” there are many similarities “between his democratic plan and the republican plan. The PPP program was created with $ 349 billion in funding when the CARES Act was signed into law in March, then given $ 310 billion in additional funding in April. As of Monday, the program had provided nearly $ 520 billion in forgivable loans. …

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Check out Elon Musk’s prototype Tesla Model S personal model first

We have taken a first look at Elon Musk’s Tesla Model S personality with a new prototype color that apparently will be possible thanks to a new paint store. Over the past year, Elon Musk has talked about Tesla building the “most advanced paint store” at Gigafactory Berlin. The CEO talked about new multi-layered colors: “Giga Berlin will have the …

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The plateau of restaurant transactions like cases of coronavirus increases

As coronavirus cases rise in the United States and many states rebuild indoor dinners, restaurant transactions have dropped to the surface. NPD Group tracks transactions in 75 restaurant chains representing more than half of commercial restaurant traffic in the US. According to its data, the US restaurant industry began to reverse transaction declines in April and was approaching a return …

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State unemployment programs can take months to approve the GOP unemployment proposal

FOX Business’s Blake Burman breaks down the details of the GOP Phase 4 coronavirus relief package. Outdated state unemployment insurance systems across the U.S. trying to deal with the first round of coronavirus assistance to overseas Americans could take months to pass a Republican proposal that would capture the benefits at a certain percentage of previous wages of workers. A …

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Virgin Galactic reveals the inner cabin of its cruise plane

I was standing inside the Virgin Galactic tourist plane with three translucent green heads floating in front of me. One of the heads was explaining how the seats of the black and white passengers who stole the cabin walls were made of aluminum and carbon fiber materials. Unfolded white hands gesturing in the air as the head – which belonged …

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