It’s 2020, and $25 billion just doesn’t go as far as it used to. That’s how much the U.S. government set aside in grants for the airline industry in the CARES Act earlier this year. But the money will run out this month, and without another installment of free cash, the airlines say they’ll have
According to the National Association of Realtors, existing home sales increased 2.4% in August to an annualized rate of 6 million units, which is 10.5% higher than at this time last year. That’s the highest sales rate since December 2006. Sales were mostly concentrated in the upper end of the market, which helped drive the
It’s billed as a contest between affordable home exercise bikes, but let’s be honest, it’s more likely to be a race to see which company can sell the most exercise equipment that ends up acting as a clothes hangar in the corner. Exercise equipment maker Peloton has slick commercials that show already in shape young
Well, it’s not a fad if it sticks around, right? Plant-based meat maker Beyond Meat announced that it will start selling frozen breakfast sausage at an additional 5,000 stores, including Kroger, Walmart, and Publix by the end of September. The company was getting half of its sales from restaurants, but COVID changed that, so the
It’s not getting ugly out there, it’s been ugly for six months. Alignable is sort of like a LinkedIn for small businesses. The site allows firms to “align,” or create referral systems among them. Since April, Alignable has surveyed more than 5,500 businesses, asking among other things if they were paying their rent. In April,
