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The staff had been placed on temporary leave in March and April (Photos via iStock; Maison Kayser)

Maison Kayser lays off 708 employees

Employees of Maison Kayser will be forced to put their bread-baking days behind them. The French bakery — founded by Eric Kayser in 1996 — has laid off 708 employees in New York City,...

Maison Kayser lays off 708 employees
Brookfield’s Ric Clark and Simon Property Group’s David Simon (Getty)

J.C. Penney saved by Simon and Brookfield

J.C. Penney is saved. The retailer will be acquired by mall operators Simon Property Group and Brookfield Property Partners, avoiding liquidation. Simon and Brookfield will pay about $300 million in cash and assume $500...

J.C. Penney saved by Simon and Brookfield
Eateries at two of the hardest-hit cities, San Francisco and New York, have been decimated during the pandemic (iStock)

On the menu: Restaurants in crisis

Restaurants across the country are still in a near state of emergency months into the pandemic, trying to operate, pay rent and stay afloat while abiding by local and state Covid restrictions. So it’s...

On the menu: Restaurants in crisis
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