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Biz owner tells workers: "We're going to get through this together"
As the virus bears down, Bryan and Michael Morin are going all out to ensure their pizzeria employees still get paid.
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Khristopher J. Brooks writes about business, economic and financial topics for CBS News and CBS MoneyWatch. His reporting primarily focuses on the U.S. housing market, the business of sports and bankruptcy. Brooks' journalism career started in 2006 as a business and education reporter for the Bristol (Va.) Herald Courier. Before coming to CBS MoneyWatch, Brooks covered startups and entrepreneurship for the Rochester Democrat & Chronicle and local government for Newsday. He holds a bachelor's degree in journalism from Central Michigan University and a master's degree in literary reportage from New York University.
As the virus bears down, Bryan and Michael Morin are going all out to ensure their pizzeria employees still get paid.
As consumers hunker down, many of America's biggest retailers are temporarily shutting stores or cutting their hours.
Mall closings by Simon Property Group comes days after many of its major retail tenants also announced store closures.
Americans are rushing to buy drugs and other items as they adjust to live during the pandemic.
Most big fitness chains have shut their doors, with gym goers in some states testing positive.
With the league on hiatus, arena employees and local businesses may have the most to lose.
NCAA says it is scratching this year's college basketball tournament, citing risk of worsening the pandemic.
Drivers and passengers could see their accounts suspended if they are at risk of getting COVID-19.
U.S. cruise lines say they're losing hundreds of millions by canceling trips and taking steps to fight the coronavirus.
"We could discount prices tomorrow and it wouldn't do any good," said one airline executive as travel demand wanes.
"I'm going to be in debt for the rest of my life," says one recent graduate about her struggle to make ends meet.
Coffee chain says it is "adapting as new information is made available" about the virus outbreak.
Experts compare the disappearance of "pink-collar" work mostly done by women to the loss of factory jobs.
Many homeowners are capitalizing on the lowest borrowing costs in years to save money on their mortgages.
College players group wants tourney's games held in empty arenas. Host cities with millions at stake not thrilled about idea.