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SAN MATEO, Calif. (BRAIN) — GoPro Inc. announced a workforce reduction of more than 20% to reduce operating expenses in the wake of the COVID-19 pandemic, the company announced in a statement Wednesday afternoon.
WASHINGTON (BRAIN) — The Small Business Administration said Tuesday that as of noon Eastern time it had approved $253 billion in forgivable loans during the program's first 12 days.
NEWBURY PARK, Calif. (BRAIN) — BRAIN checked in with Giant Group's U.S. general manager, John "JT" Thompson, this week to get his view of how the U.S. industry is handling the COVID-19 pandemic.
Talking to your landlord is one of the last things you want to do right now. Rent is likely your largest monthly expense and since you have a lease, it’s not going away.
As we struggle to understand What Happens Next, it's critical that we first understand What's Already Happened.
WATERLOO, Wis. (BRAIN) — Sound financial advice is at a premium these days for bicycle retailers trying to survive the COVID-19 pandemic, and Andrew St. Clair has some to give.
Specialized, Santa Cruz and Saris have each revealed some details of their efforts to help the fight against COVID-19.
NEW ORLEANS (BRAIN) — From Louisiana to Long Island, Portland to Orlando, many retailers are reporting stellar bike sales and service during the COVID-19 pandemic.
OLATHE, Kan. (BRAIN) — In the second half of March, Garmin device users recorded a 63% increase in indoor cycling, compared to the same period the year before, the company revealed Thursday.
WASHINGTON (BRAIN) — The Federal Reserve infused the Paycheck Protection Program and others with $2.3 trillion in loans Thursday to further support small businesses in the wake of the COVID-19 pandemic.
BRASELTON, Ga. (BRAIN) — Fox Factory Holding Corp. has suspended non-essential operations at its North American factories due to COVID-19. The company also has lowered its earnings guidance for its first fiscal quarter and suspended full-year guidance.
BOULDER, Colo. (BRAIN) — In the newest Bicycle Retail Radio podcast from the National Bicycle Dealers Association, Lester Binegar, the general manager of University Bikes in Boulder, talks with Ray Keener about shop operations during the COVID-19 response.
WATERLOO, Wis. (BRAIN) — Trek president John Burke says "The big question for the industry is: What's going to happen as we exit this?"
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