Global Economy

Congress is far from sending more stimulus help as coronavirus cases surge and economic pain looms

The U.S. Capitol dome is reflected on an ambulance at sunset in Washington, November 10, 2020. Erin Scott | Reuters Congress appeared nowhere close to passing another coronavirus relief bill Tuesday as infections surge across the country and new public health restrictions threaten businesses and jobs. Lawmakers have not passed new aid in months during […]

Investment

Walgreens drops 8% to lead drug store stocks lower after Amazon launches pharmacy business

Pharmacy stocks fell sharply on Tuesday after Amazon launched its new Pharmacy offering, which includes online ordering and delivery for prescription drugs. Dow Jones Industrial Average member Walgreens Boots Alliance dropped 8% in early trading. CVS Health shares lost over 6%. Shares of Rite Aid fell 11.9%, while GoodRx stock also declined. Amazon Pharmacy is […]

Small Business

Momofuku joins Goldbelly’s delivery service as consumers seek out far-flung comfort food during the Covid pandemic

Customers dine at Momofuku’s outdoor seating in the East Village as the city continues Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on September 26, 2020 in New York City. Alexi Rosenfeld | Getty Images Goldbelly is adding chef David Chang’s Momofuku chain to its national delivery service as the […]