Dick’s Sporting Goods Takes 29% Sales Hit
“We believe coming out of the current crisis, health and fitness will become even more important to the consumer."
Templar Energy Goes Bankrupt to Complete Sale
With its Chapter 11 filing, Templar is “joining a growing list of distressed operators amid the sharpest oil market downturn in recent memory.”
House Passes Bill to Ease Rules for Payroll Protection
The bill would allow small businesses seeking loan forgiveness to use a smaller share of the money on payroll.
The Health Care Backlog Is a $52B Problem
The backlog in unaddressed care will cause a surge in demand that will hit the health care system quickly and inefficiently.
Finance During the Crisis: Five Lessons from CFOs
Boards and management teams, along with CFOs, now see the importance of an adaptable, agile finance function that operates in near-real time.
U.S. GDP Contracts 5% in Q1 as Corporate, Consumer Spending Plunge
The coronavirus pandemic triggered 'rapid changes in demand' as governments issued stay-at-home orders.
Workday Beats Estimates on 23% Sales Growth
The enterprise software maker lowered its full-year guidance, citing the effects of the coronavirus crisis on new business bookings.
Tuesday Morning Joins Retail Chapter 11 Parade
The discounter's in-store sales only business model left it unable to weather the fallout from the coronavirus pandemic.
Merck Enters Race to Develop COVID Vaccine
The world's largest vaccine maker is no longer on the COVID sidelines after acquiring an Austrian biotech and teaming up with a nonprofit.
The Case for a Partnership Between Trade Credit Insurers and the U.S. Government
Lack of support for the trade credit industry means eliminating a safety net that keeps many businesses going.