It looks like selling plenty of Alexander McQueen dresses for $13,500 and Kiton men’s biker jackets for $10,795 won’t be enough to spare Neiman Marcus from seeking bankruptcy protection. The iconic 113-year-old retailer—which has struggled for years and is now pushed to the edge by the pandemic forcing its stores to close indefinitely—is reportedly close […]

Most businesses were well prepared for their employees to work-from-home en masse, a new survey shows. As states enacted stay-at-home orders and business closures to slow down the spread of the virus in mid-March, a Fortune-Adobe CIO Survey asked 200 chief information officers about this transition to remote working. Turns out companies were confident in […]

Depicting the blue state–red state divide about half a century early, FX on Hulu drama Mrs. America, which premieres Wednesday, shows how a conservative Illinois housewife named Phyllis Schlafly (Cate Blanchett) fought ratification of the Equal Rights Amendment championed by New York feminists including Ms. magazine founder Gloria Steinem (Rose Byrne), politician Bella Abzug (Margo […]

Subscribe to Outbreak, a daily roundup of stories on the coronavirus pandemic and its impact on global business, delivered free to your inbox. Yet another feature of the federal government’s coronavirus stimulus package is struggling to work as intended. This time, it’s the Coronavirus Aid, Relief, and Economic Security (CARES) Act’s provisions around mortgage forbearance. […]

Subscribe to Outbreak, a daily roundup of stories on the coronavirus pandemic and its impact on global business, delivered free to your inbox. Airlines grappling with their biggest peacetime crisis face a European Union legal headache after offering customers vouchers instead of immediate refunds for flights canceled amid the COVID-19 pandemic. Consumer groups say the […]