Business & Economy

Facebook’s Instagram is officially launching its answer to the hit short video app TikTok — Instagram Reels. The new Instagram feature will let users record and edit 15-second videos with audio, and will let users add visual effects. Users will be able to share Reels with followers in Instagram in a dedicated section called Reels in […]

WASHINGTON (AP) — Just days before the end of an enhanced unemployment benefit, the nation got another dose of bad economic news Thursday: The number of laid-off workers seeking jobless benefits last week rose for the first time since late March, intensifying concerns the resurgent coronavirus is stalling or even reversing the economic recovery. And […]

Beloved retail giant Lane Bryant is closing some of its brick and mortar doors after COVID-19 pandemic wrecked financial havoc on its parent company.

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WASHINGTON (AP) — About 1.5 million laid-off workers applied for U.S. unemployment benefits last week, a historically high number, even as the economy increasingly reopens and employers bring some people back to work. The latest figure from the Labor Department marked the 11th straight weekly decline in applications since they peaked at nearly 7 million […]

NEW YORK (AP) — After more than 130 years, Aunt Jemima is being removed from packaging for syrup and pancake mix. Quaker Oats company is changing the name and marketing image of the 131-year-old Aunt Jemima pancake mix and syrup. The new packaging will hit shelves by the fourth quarter of 2020. The company will […]

Starbucks is creating its own Black Lives Matter shirt for employees to wear if they choose. The move comes after the coffee chain reportedly banned employees from wearing Black Lives Matter gear. The T-shirt depicts protest signs with phrases including “Black Lives Matter,” “Speak Up” and “Time for Change.” One sign shows a raised black […]