Shutdown news and trends

Business Expenses Set to Climb as Business Lunches Are Back
Economy // May 14, 2023

The business lunch is reportedly back in major cities following a pandemic-driven hiatus. The number of lunchtime diners in New York City rose each month between January and April from 2022’s figures, Bloomberg News reported Friday (May 12), citing data from OpenTable. March was the sole exception,...

Fed’s Harker Warns Of Economic Fallout Of Increased COVID Cases
Economy // July 15, 2020

Philadelphia Federal Reserve President Patrick Harker says the mass spikes in coronavirus cases across the U.S. will likely dampen the economy as well, Reuters reported. Harker said the impact could be twofold in its damage. “There’s both the direct economic impact of businesses having to...

Infection Report Causes Drop In Planet Fitness Shares
Coronavirus // June 29, 2020

Planet Fitness shares fell 6.3 percent following reports of possible coronavirus infections at a West Virginia location, Bloomberg reported. The popular gym chain, like other types of retailers, had been trying to open up again following months of mandated lockdowns due to the virus. But...

UK Watchdog Freezes Wirecard’s Funds During Probe
Security & Fraud // June 26, 2020

The United Kingdom’s financial watchdog agency has ordered Britain’s Wirecard subsidiary to freeze the German payment company’s funds as regulators determine the next steps, The Wall Street Journal reported. As a result of the ruling by the Financial Conduct Authority (FCA), Wirecard Card Solutions’ customers will...

Quick Reads
Report: Companies Rush to File IPOs Amid Looming Government Shutdown

October 17, 2023
The possibility of a U.S. government shutdown has prompted companies to take action and expedite their plans to go public. In an effort to avoid potential disruptions caused by a government shutdown, companies like Waystar Holding and Hamilton Insurance Group have submitted filings for their initial public offerings (IPOs) this week, according to a Tuesday (Oct. 17) Bloomberg report. Amid […]

Business Expenses Set to Climb as Business Lunches Are Back

May 14, 2023
The business lunch is reportedly back in major cities following a pandemic-driven hiatus. The number of lunchtime diners in New York City rose each month between January and April from...

Fed’s Harker Warns Of Economic Fallout Of Increased COVID Cases

July 15, 2020
Philadelphia Federal Reserve President Patrick Harker says the mass spikes in coronavirus cases across the U.S. will likely dampen the economy as well, Reuters reported. Harker said the impact could...

Infection Report Causes Drop In Planet Fitness Shares

June 29, 2020
Planet Fitness shares fell 6.3 percent following reports of possible coronavirus infections at a West Virginia location, Bloomberg reported. The popular gym chain, like other types of retailers, had been...