Nike gets more exercise app users, and it’s driving online sales


Nike’s stores might be temporarily shut due to COVID-19, but the sportswear giant is getting more people to sweat during stressful times. With many gyms like Equinox shut down, people are turning to its apps, and that is helping boost its e-commerce business. 

“During a time of adversity around the globe, we’ve had to adjust like so many others,” Heidi O’Neill, the president of Nike’s Consumer and Marketplace division, told CNBC in an interview. 

“One of the biggest shifts we’ve made is dialing up the strength of our digital ecosystem to help consumers maintain their physical and mental well-being while

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US retail store closures to drag into April, likely longer


March 27. 

This Friday was the day that many retailers set roughly two weeks ago as the marker for how long they planned to temporarily keep their shops closed. But as the number of COVID-19 cases continues to rise, nothing is opening back up again.

Not even close. 

For some, this might not come as a surprise. Many of these companies likely set the initial end-of-the-month date because they knew they could at least pay workers for two-weeks time, verbally committing to do so, and they had already paid their landlords March rent.

Now, heading into April, we are in

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Gov. Cuomo, the National Guard and FEMA transform the Javits Center into a hospital


New York Governor Andrew Cuomo speaks to the media and members of the National Guard at the Jacob K. Javits Convention Center in New York City.

Ron Adler | Barcroft Media | Getty Images

New York Gov. Andrew Cuomo announced Friday that the construction of a temporary hospital at the the Jacob K. Javits Center had been completed with the help of FEMA and the National Guard. The New York City convention center, which usually hosts events like New York Comic Con, is now home to 1,000 hospital beds that will be used to handle patient overflow caused by the

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Delta, United warn prolonged travel slump could force more cuts


United Airlines planes at Newark Liberty International Airport

Leslie Josephs | CNBC

United Airlines on Friday warned that it expects a lengthy slump in travel demand because of the coronavirus, which will likely require the carrier to have a smaller workforce, while Delta asked for more volunteers to take unpaid leave after close to a quarter of the carrier’s employees raised their hands.

The comments came after President Donald Trump signed a $2 trillion government coronavirus relief package that included billions in grants for airlines to keep paying workers through the end of September.

“Based on how doctors expect the

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