Data: Congress created virus aid, then reaped the benefits

Posted on: July 7th, 2020 by ABC News No Comments

Newly released government data show at least a dozen lawmakers have ties to organizations that received federal coronavirus aid

Data: Congress created virus aid, then reaped the benefits

Posted on: July 7th, 2020 by ABC News No Comments

Newly released government data show at least a dozen lawmakers have ties to organizations that received federal coronavirus aid

Data: Congress created virus aid, then reaped the benefits

Posted on: July 7th, 2020 by ABC News No Comments

Newly released government data show at least a dozen lawmakers have ties to organizations that received federal coronavirus aid

Most stocks slink back after strong rally, except for tech

Posted on: July 7th, 2020 by ABC News No Comments

Most of Wall Street is slipping in midday trading on Tuesday, giving back some of the big gains made the past couple weeks, but a handful of tech giants bucked the trend and kept the market’s losses in check

Most stocks slink back after strong rally, except for tech

Posted on: July 7th, 2020 by ABC News No Comments

Most of Wall Street is slipping in midday trading on Tuesday, giving back some of the big gains made the past couple weeks, but a handful of tech giants bucked the trend and kept the market’s losses in check

Walmart donates $100K to replace Arkansas’ Confederate-linked statues at the US Capitol

Posted on: July 7th, 2020 by ABC News No Comments

iStock/Wolterk(NEW YORK) — BY: CATHERINE THORBECKE

Walmart has donated $100,000 towards efforts to replace Arkansas’ Confederate-linked statues at the U.S. Capitol with new statues of singer Johnny Cash and civil rights activist Daisy Bates.

The private sector donation comes as the nation is facing a racial reckoning in the wake of protests over the death of George Floyd in police custody that has led to the toppling of many Civil War-era statues across the country.

“We support the effort by the state legislature and Governor Hutchinson to honor two prominent Arkansans, civil rights pioneer Daisy Bates and music legend Johnny Cash, with statues in National Statuary Hall,” Anne Hatfield, a Walmart spokesperson, said in a statement to ABC News.

“We are pleased to support the state’s action with a gift to the Foundation for Arkansas Heritage and History to help make these new statues a reality,” Hatfield added.

Walmart was founded in Arkansas in 1962 and its corporate headquarters remains in Bentonville, Arkansas.

In April 2019, Arkansas Gov. Asa Hutchinson signed a bill into law that would swap out the state’s current statues at D.C.’s National Statuary Hall Collection with statues of Bates and Cash, according to the Associated Press.

The current statues are of former Arkansas Gov. James P. Clarke and attorney Uriah Rose, who both defended the Confederacy. At the time Hutchinson signed the bill into law, the state said it would still need time to raise funds for the replacements. As of July 2020, the statues of Clarke and Rose still represent Arkansas in the U.S. Capitol, according to the National Statuary Hall Collection’s website.

In a 2018 op-ed in the Arkansas Times, Clarke’s great-great grandson argued that the statue should be replaced and slammed his ancestor’s white supremacist sentiments. In the op-ed, Tucker said he hopes the statue will be replaced with one of Bates “or a member of the Little Rock Nine.”

Bates formerly served as the president of the Arkansas chapter of the NAACP and was a pioneer in efforts to desegregate schools, notably serving as an advisor to the Little Rock Nine, the first nine Black students enrolled in Little Rock Central High School in 1957. In 1963, Bates was the only woman to speak at the Martin Luther King Jr.-led March on Washington for Jobs and Freedom, according to a Stanford biography of Bates. She died in 1999.

Cash is one of the best-selling American musicians of all time and widely remembered for his legacy in the rock and roll and country music industries. Cash died in 2003.

Copyright © 2020, ABC Audio. All rights reserved.

Walmart donates $100K to replace Arkansas’ Confederate-linked statues at the US Capitol

Posted on: July 7th, 2020 by ABC News No Comments

iStock/Wolterk(NEW YORK) — BY: CATHERINE THORBECKE

Walmart has donated $100,000 towards efforts to replace Arkansas’ Confederate-linked statues at the U.S. Capitol with new statues of singer Johnny Cash and civil rights activist Daisy Bates.

The private sector donation comes as the nation is facing a racial reckoning in the wake of protests over the death of George Floyd in police custody that has led to the toppling of many Civil War-era statues across the country.

“We support the effort by the state legislature and Governor Hutchinson to honor two prominent Arkansans, civil rights pioneer Daisy Bates and music legend Johnny Cash, with statues in National Statuary Hall,” Anne Hatfield, a Walmart spokesperson, said in a statement to ABC News.

“We are pleased to support the state’s action with a gift to the Foundation for Arkansas Heritage and History to help make these new statues a reality,” Hatfield added.

Walmart was founded in Arkansas in 1962 and its corporate headquarters remains in Bentonville, Arkansas.

In April 2019, Arkansas Gov. Asa Hutchinson signed a bill into law that would swap out the state’s current statues at D.C.’s National Statuary Hall Collection with statues of Bates and Cash, according to the Associated Press.

The current statues are of former Arkansas Gov. James P. Clarke and attorney Uriah Rose, who both defended the Confederacy. At the time Hutchinson signed the bill into law, the state said it would still need time to raise funds for the replacements. As of July 2020, the statues of Clarke and Rose still represent Arkansas in the U.S. Capitol, according to the National Statuary Hall Collection’s website.

In a 2018 op-ed in the Arkansas Times, Clarke’s great-great grandson argued that the statue should be replaced and slammed his ancestor’s white supremacist sentiments. In the op-ed, Tucker said he hopes the statue will be replaced with one of Bates “or a member of the Little Rock Nine.”

Bates formerly served as the president of the Arkansas chapter of the NAACP and was a pioneer in efforts to desegregate schools, notably serving as an advisor to the Little Rock Nine, the first nine Black students enrolled in Little Rock Central High School in 1957. In 1963, Bates was the only woman to speak at the Martin Luther King Jr.-led March on Washington for Jobs and Freedom, according to a Stanford biography of Bates. She died in 1999.

Cash is one of the best-selling American musicians of all time and widely remembered for his legacy in the rock and roll and country music industries. Cash died in 2003.

Copyright © 2020, ABC Audio. All rights reserved.

Walmart donates $100K to replace Arkansas’ Confederate-linked statues at the US Capitol

Posted on: July 7th, 2020 by ABC News No Comments

iStock/Wolterk(NEW YORK) — BY: CATHERINE THORBECKE

Walmart has donated $100,000 towards efforts to replace Arkansas’ Confederate-linked statues at the U.S. Capitol with new statues of singer Johnny Cash and civil rights activist Daisy Bates.

The private sector donation comes as the nation is facing a racial reckoning in the wake of protests over the death of George Floyd in police custody that has led to the toppling of many Civil War-era statues across the country.

“We support the effort by the state legislature and Governor Hutchinson to honor two prominent Arkansans, civil rights pioneer Daisy Bates and music legend Johnny Cash, with statues in National Statuary Hall,” Anne Hatfield, a Walmart spokesperson, said in a statement to ABC News.

“We are pleased to support the state’s action with a gift to the Foundation for Arkansas Heritage and History to help make these new statues a reality,” Hatfield added.

Walmart was founded in Arkansas in 1962 and its corporate headquarters remains in Bentonville, Arkansas.

In April 2019, Arkansas Gov. Asa Hutchinson signed a bill into law that would swap out the state’s current statues at D.C.’s National Statuary Hall Collection with statues of Bates and Cash, according to the Associated Press.

The current statues are of former Arkansas Gov. James P. Clarke and attorney Uriah Rose, who both defended the Confederacy. At the time Hutchinson signed the bill into law, the state said it would still need time to raise funds for the replacements. As of July 2020, the statues of Clarke and Rose still represent Arkansas in the U.S. Capitol, according to the National Statuary Hall Collection’s website.

In a 2018 op-ed in the Arkansas Times, Clarke’s great-great grandson argued that the statue should be replaced and slammed his ancestor’s white supremacist sentiments. In the op-ed, Tucker said he hopes the statue will be replaced with one of Bates “or a member of the Little Rock Nine.”

Bates formerly served as the president of the Arkansas chapter of the NAACP and was a pioneer in efforts to desegregate schools, notably serving as an advisor to the Little Rock Nine, the first nine Black students enrolled in Little Rock Central High School in 1957. In 1963, Bates was the only woman to speak at the Martin Luther King Jr.-led March on Washington for Jobs and Freedom, according to a Stanford biography of Bates. She died in 1999.

Cash is one of the best-selling American musicians of all time and widely remembered for his legacy in the rock and roll and country music industries. Cash died in 2003.

Copyright © 2020, ABC Audio. All rights reserved.

How major US stock indexes fared Tuesday

Posted on: July 7th, 2020 by ABC News No Comments

Technology companies and banks helped drive stocks broadly lower on Wall Street Tuesday as the market gave back some of the big gains it made the past couple of weeks

How major US stock indexes fared Tuesday

Posted on: July 7th, 2020 by ABC News No Comments

Technology companies and banks helped drive stocks broadly lower on Wall Street Tuesday as the market gave back some of the big gains it made the past couple of weeks

How major US stock indexes fared Tuesday

Posted on: July 7th, 2020 by ABC News No Comments

Technology companies and banks helped drive stocks broadly lower on Wall Street Tuesday as the market gave back some of the big gains it made the past couple of weeks

Levi’s to cut 700 office jobs due to virus-related slump

Posted on: July 7th, 2020 by ABC News No Comments

Levi’s says it will cut 700 office jobs, or about 15% of its worldwide corporate workforce, as the jeans seller deals with a sharp drop in sales due to the coronavirus pandemic

Levi’s to cut 700 office jobs due to virus-related slump

Posted on: July 7th, 2020 by ABC News No Comments

Levi’s says it will cut 700 office jobs, or about 15% of its worldwide corporate workforce, as the jeans seller deals with a sharp drop in sales due to the coronavirus pandemic

Malaysian palm oil giant hit with forced labor allegations

Posted on: July 7th, 2020 by ABC News No Comments

An anti-trafficking organization has filed a petition to ban importation of palm oil produced by one of the world’s largest suppliers, saying it found evidence of child and forced labor on plantations that supply American food and cosmetics companies

Malaysian palm oil giant hit with forced labor allegations

Posted on: July 7th, 2020 by ABC News No Comments

An anti-trafficking organization has filed a petition to ban importation of palm oil produced by one of the world’s largest suppliers, saying it found evidence of child and forced labor on plantations that supply American food and cosmetics companies

Small business program scrutinized for loans to big firms

Posted on: July 7th, 2020 by ABC News No Comments

Congress set aside $659 billion to throw a lifeline to small businesses and organizations side-swiped by the coronavirus pandemic and to help paychecks keep flowing to workers who might otherwise head to the unemployment line

Small business program scrutinized for loans to big firms

Posted on: July 7th, 2020 by ABC News No Comments

Congress set aside $659 billion to throw a lifeline to small businesses and organizations side-swiped by the coronavirus pandemic and to help paychecks keep flowing to workers who might otherwise head to the unemployment line

Small business program scrutinized for loans to big firms

Posted on: July 7th, 2020 by ABC News No Comments

Congress set aside $659 billion to throw a lifeline to small businesses and organizations side-swiped by the coronavirus pandemic and to help paychecks keep flowing to workers who might otherwise head to the unemployment line

Small business program scrutinized for loans to big firms

Posted on: July 7th, 2020 by ABC News No Comments

Congress set aside $659 billion to throw a lifeline to small businesses and organizations side-swiped by the coronavirus pandemic and to help paychecks keep flowing to workers who might otherwise head to the unemployment line

Small business program scrutinized for loans to big firms

Posted on: July 7th, 2020 by ABC News No Comments

Congress set aside $659 billion to throw a lifeline to small businesses and organizations side-swiped by the coronavirus pandemic and to help paychecks keep flowing to workers who might otherwise head to the unemployment line

Small business program scrutinized for loans to big firms

Posted on: July 7th, 2020 by ABC News No Comments

Congress set aside $659 billion to throw a lifeline to small businesses and organizations side-swiped by the coronavirus pandemic and to help paychecks keep flowing to workers who might otherwise head to the unemployment line

Closing prices for crude oil, gold and other commodities

Posted on: July 7th, 2020 by ABC News No Comments

Closing prices for crude oil, gold and other commodities, and foreign exchange levels

Closing prices for crude oil, gold and other commodities

Posted on: July 7th, 2020 by ABC News No Comments

Closing prices for crude oil, gold and other commodities, and foreign exchange levels

Wall Street follows solid stock market rally with pullback

Posted on: July 7th, 2020 by ABC News No Comments

Banks and companies that rely on consumer spending led stocks broadly lower on Wall Street Tuesday, as the market gave back some of the big gains it made the past couple of weeks

Wall Street follows solid stock market rally with pullback

Posted on: July 7th, 2020 by ABC News No Comments

Banks and companies that rely on consumer spending led stocks broadly lower on Wall Street Tuesday, as the market gave back some of the big gains it made the past couple of weeks

Wall Street follows solid stock market rally with pullback

Posted on: July 7th, 2020 by ABC News No Comments

Banks and companies that rely on consumer spending led stocks broadly lower on Wall Street Tuesday, as the market gave back some of the big gains it made the past couple of weeks

McConnell eyes virus aid as evictions, benefits cuts loom

Posted on: July 7th, 2020 by ABC News No Comments

With Congress bracing for the next coronavirus aid package, Senate Majority Leader Mitch McConnell is outlining Republican priorities

McConnell eyes virus aid as evictions, benefits cuts loom

Posted on: July 7th, 2020 by ABC News No Comments

With Congress bracing for the next coronavirus aid package, Senate Majority Leader Mitch McConnell is outlining Republican priorities

McConnell eyes virus aid as evictions, benefits cuts loom

Posted on: July 7th, 2020 by ABC News No Comments

With Congress bracing for the next coronavirus aid package, Senate Majority Leader Mitch McConnell is outlining Republican priorities

Dunkin’ will close hundreds of convenience store locations by end of 2020

Posted on: July 7th, 2020 by ABC News No Comments

iStock/Tim Gray(NEW YORK) — BY: KELLY MCCARTHY

Dunkin’ will close 450 locations inside convenience stores around the country before the end of the year.

“Dunkin’ reached an agreement with Speedway earlier this year to exit the approximately 450 Speedway owned and operated limited menu Dunkin’ locations along the east coast by the end of 2020,” the company said in a statement to ABC News, which was first announced in the company’s fourth quarter earnings call in February.

The coffee and donut chain said that the sales from those locations made up less than 0.5% of U.S.-based margins in 2019.

“Very few of the approximately 450 Speedway owned and operated limited menu Dunkin’ locations have closed to date, and we remain on track to exit Speedway by the end of 2020,” the statement added.

The soon-to-be-shuttered locations inside of the convenience stores were first opened in agreement with Hess, which Speedway acquired in 2014.

The fast-casual restaurant is confident that by “exiting these sites” Dunkin will “be better positioned to serve these trade areas with Dunkin’s newest Next Generation restaurant design that offers a broader menu and modern experience.”

The brand said it will still look to grow its gas station and convenience locations as well as airports, universities, travel plazas, and military installations.

The classic pink and orange shops recognized as “America’s most-loved beverage-led, on-the-go brand,” which dropped donuts from its name in a 2018 rebrand, still has over 8,500 restaurants in 41 states.

Copyright © 2020, ABC Audio. All rights reserved.