Sunday, September 22, 2024
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Author Archives: Stonecom Interactive

Former CBS communications chief and author Gil Schwartz dead at 68

Longtime CBS communications chief Gil Schwartz died Saturday of natural causes. Schwartz retired as senior executive vice president and chief communications officer at CBS Corporation in 2018. “For the better part of three decades, Gil Schwartz led CBS communications with creative flair, craftsman-like expertise, and an abundance of personality,” CBS said in a statement. Schwartz was 68 years old. Source

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Americans document their experiences during the pandemic

People across the country are sharing daily video diaries documenting their experiences during the coronavirus pandemic with CBS News. Jaqi Wright and Nikki Howard are Maryland sisters who started The Furlough Cheesecake after the government shutdown of 2018. Rances Perez is the founder of The VidaProject, a mindset and fitness program based in New Jersey. Lindsey Nash owns a hair salon in Georgia, which is now open of businesses. Bill Wood is a California truck driver, who has been delivering food up and down the West Coast. Source

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PPP loans put workers with concerns about returning to jobs in tough position

The new Payroll Protection Program has processed more than $500 billion in loans to help small businesses survive the coronavirus lockdown, but critics say the PPP isn’t doing what it was meant to. The loans will be forgiven only if businesses spend 75% of the money on their employees in just eight weeks. But, Ed O’Keefe reports that some workers have concerns about going back to work. Source

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J. Crew files for bankruptcy amid coronavirus lockdowns

J. Crew announced it’s filing for bankruptcy protection. It’s the first national retailer to take this action since the coronavirus pandemic forced companies to close their stores. J. Crew’s sales had slipped in recent years, and it is nearly $2 billion in debt. The retailer says it expects to stay in business and emerge from bankruptcy as a profitable company. Source

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