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The video covers J.Crew's bankruptcy filing due to the pandemic, highlighting its $1.6 billion debt and plans to convert it into equity. It also discusses global efforts to fund COVID-19 vaccine development, with $8 billion pledged but more needed. Quebec's gradual reopening is noted, with caution advised by Prime Minister Trudeau. Finally, Newsy emphasizes its commitment to providing unbiased news updates.

What was a significant financial challenge faced by J.Crew before the pandemic?

• Over $1.6 billion in debt

• Lack of online presence

• High employee turnover

• Supply chain disruptions

Which other department stores were considering bankruptcy alongside J.Crew?

• Sears and Kohl's

• Target and Walmart

• JCPenney and Neiman Marcus

• Macy's and Nordstrom

How much money did world leaders pledge to invest in coronavirus vaccine development?

• $5 billion

• $8 billion

• $10 billion

• $12 billion

What percentage of Canada's coronavirus cases is accounted for by Quebec?

• 60%

• 40%

• 50%

• 54%

When are Montreal retail stores expected to start reopening?

• May 1st

• May 11th

• May 21st

• May 31st