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Around 14,000 jobs could be on the brink at struggling department store Debenhams. Plans to liquidate the business are being drawn up in case other options for saving the company – such as selling it – fall through. If the ailing department store chain collapses – and all 14,000 jobs are lost – it would be the single biggest cull of the coronavirus crisis. This would bring the total number of potential UK job losses to more than 150,000 since the pandemic began – adding to misery hitting firms from Virgin Atlantic to NatWest, British Gas-owner Centrica and luxury car maker Aston Martin. British Airways has so far announced the largest cull, signalling that it may have to cut as many as 12,000. Debenhams’ hedge fund owners have brought in a group called Hilco Capital, which specialises in winding up retailers, to put together a series of ‘contingency plans’. The clock is ticking for Debenhams, which has 124 stores across the UK, as its owners want to sell it by the end of next month. Al