Democrats, Trump disagree on forming a coronavirus commission

There’s a brewing debate inside the Trump administration and in Congress over whether a bipartisan, independent commission should be established to study what went wrong with the US response to the coronavirus pandemic. “Those who don’t learn from history are doomed to repeat it, and we simply can’t afford to repeat this tragedy,” Sen. Patty Murray,…

Nordstrom lays off workers as it closes stores and cuts executive pay

Nordstrom said Wednesday that it was laying off an unspecified number of employees. “We’re realigning and reducing our workforce to support our market strategy, including in our corporate support teams,” a Nordstrom spokesperson said in a statement to Business Insider.The Seattle Times reported Tuesday that Nordstrom cut 6,000 jobs in June.If you work at Nordstrom, contact…

Coca-Cola discontinues struggling Odwalla juice brand, cuts 300 jobs

Coca-Cola is discontinuing its Odwalla brand and selling a refrigerated trucking fleet that delivered the beverage.The loss of the smoothie and juice brand will involve slashing 300 jobs at the company. A company spokesperson told The Wall Street Journal that Coca-Cola ultimately “couldn’t figure out the cost-effectiveness” of continuing to sell the beverage. “It really is the…

Company behind Kylie Jenner and Kim Kardashian beauty brands sues Coty

The company that powers Kim Kardashian West and Kylie Jenner’s makeup lines, Seed Beauty, says its competitor, Coty, stole confidential trade secrets. Coty, the struggling conglomerate behind brands like Covergirl and Sally Hansen, invested earlier this year in Kylie Cosmetics and just inked another deal with Kardashian West. Seed says the King Kylie deal was merely “a…

California governor tells movie theaters, bars, restaurants to close

California Gov. Gavin Newsom announced an order directing bars, restaurants, and movie theatres to close in 19 counties, including Los Angeles.The directive affects more than 70% of the state’s population and comes as the state has set records for daily infections over the past week.California was quick to shut down on March 19 toward the…

Moderna lead in coronavirus vaccine race threatened by Pfizer

Competitors are catching up to Moderna, which for months has been leading the race for a coronavirus vaccine.The New York pharma giant Pfizer on Wednesday released early human results for its vaccine candidate.Pfizer is using the same vaccine technology, called messenger RNA, as Moderna.Pfizer, a $190 billion drugmaker, is also planning to start late-stage efficacy…

Meet Mychel “Snoop” Dillard: teen mom, entrepreneur, 2 Chainz partner

Mychel “Snoop” Dillard often wears designer athletic clothing. Cameron “Cam Kirk” Kirkland Mychel “Snoop” Dillard is an entrepreneur famous in Atlanta for her “flashy lifestyle” and for the lounge she co-owns with 2 Chainz.Business Insider spoke to Dillard about her journey from teen mother to one of the most high-profile Black entrepreneurs in Atlanta.Dillard opened…

Congress extended PPP and there’s $130B left to claim

The US House and Senate have passed an extension to the Payroll Protection Program after it expired on June 30.An estimated $134 billion in Paycheck Protection Program funds remain unused, even as companies across the country struggle to stay in business.A survey from the small business referral agency Alignable found three key reasons that entrepreneurs…

Fauci says US could see 100,000 new coronavirus cases per day

Dr. Anthony Fauci once again sounded the alarm over the severity of the coronavirus.In sworn testimony before a Senate committee, Fauci addressed the lack of compliance in parts of the country.”If you look at what’s going on, and just look at some of the film clips that we’ve seen of people congregating — often without…

Influencers in LA ignore coronavirus on social media as cases spike

Los Angeles-based influencers gathering in groups during the coronavirus pandemic. Instagram/TikTok This story is available exclusively on Business Insider Prime. Join BI Prime and start reading now. California has seen a resurgence of coronavirus cases in recent days, hitting a new peak for its largest single-day tally of new infections on Monday.But many influencers and…