America
1/3rd of small US firms see sales drop amid surging Omicron cases

New York, Jan 15 : Thirty-three per cent of small firms in the US have reported revenue decreases in the week ended January 9 due to the surge of Omicron cases, the highest since February last year, Bloomberg has reported, citing the US Census Small Business Pulse Survey.
Economists expect a sharp but short-lived decrease in economic activities due to the rapid spread of the Omicron variant, it said, noting that the number of sick days alone has limited the output of many industries, Xinhua news agency reported.
A growing number of small US businesses have shut locations, with the number of closures surging in Seattle, New York City and Washington, D.C., it added.

41 minutes ago
South Korea confirms plan for OPCON transfer from US within Lee's 5-year term

42 minutes ago
Khalistani elements raise funds under guise of charity, use it for extremist causes: Report

1 hour ago
‘Butch Cassidy and the Sundance Kid’ star Robert Redford passes at the age of 89

2 hours ago
'Most degenerate newspaper': Trump slaps $15 billion defamation suit on New York Times

3 hours ago
US to begin applying tariff on Japanese automakers, Korean cars subject to 25 pc levy

5 hours ago
A Vibrant Tapestry of Joy: Bloomington’s Festival of Joy 2025 Unites Hearts in Celebration

5 hours ago
Zeenat Aman: I never found myself to be beautiful

5 hours ago
Jackie Shroff highlights traffic frustration as ambulance gets stuck, appeals for smarter driving

5 hours ago
Rukmini Vasanth wraps up dubbing for 'Kantara: Chapter 1'

5 hours ago
Paris Hilton: I have an entire room in my house for sunglasses

5 hours ago
Here’s how Kajol shows an outfit can outshine a compliment

5 hours ago
Meghalaya reshuffle: Sangma cabinet set to get 8 new faces today

5 hours ago
GST reforms to significantly benefit state discoms: Report