NYC retailers take big COVID-19 hit
September 22, 2020
The novel coronavirus outbreak forced retail stores and restaurants to close in New York City. It also meant many white-collar office workers are now working from their homes in the suburbs and a large number of city dwellers have moved out of the city. At the same time, tourist visits to New York have all but vanished, leaving businesses in a bind. CoStar expects that 7,700 stores and restaurants will be forced to close by the end of 2020.
Recent News
Kentucky Derby Celebration Spots in Las Vegas and Goldbelly Home Delivery
Las Vegas, though miles away from Louisville, gears up for the Kentucky Derby with a range of special offerings. From viewing parties to themed cocktails, the city joins the celebration of the sesquicentennial Run for the Roses. If you’re a resident of Kentucky, you can get Ready for the Kentucky Derby with Goldbelly.
New Nintendo Theme Park to Open in Orlando
It’s set to open in 2025.
Novo Noradisk Announces $6B Investment in Ozempic, Wegovy Amid Shortages
The money will help meet increased demand for the drugs.
EV Battery Tax Credit Rules Change in the US
The U.S. government has made some tweaks to electric vehicle (EV) tax credits, possibly paving the way for more EVs to qualify for credits of up to $7,500. These tax credits range from $3,750 to $7,500 for new EVs, with a $4,000 credit available for used ones.