Saturday, April 4, 2020
April 4, 2020

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Macy’s to furlough majority of its 130,000 workers

March 30, 2020, 10:02am Business

NEW YORK — Macy’s will furlough a majority of its 130,000 workers with its stores dark. Read story

Trump uses wartime act but GM says it’s already moving fast

March 30, 2020, 10:00am Business

DETROIT — Twelve days ago, General Motors put hundreds of workers on an urgent project to build breathing machines as hospitals and governors pleaded for more in response to the coronavirus pandemic. Read story

Wall Street pushes higher, led by surging health care stocks

March 30, 2020, 9:59am Business

NEW YORK — U.S. stocks are pushing higher Monday, led by big gains for health care companies announcing developments that could aid in the coronavirus outbreak. But markets around the world remain tentative amid uncertainty about whether global authorities can do enough to nurse the economy through the pandemic. Read story

Marijuana deemed ‘essential’ in Washington, gets looser rules amid the coronavirus outbreak

March 30, 2020, 9:38am Business

Spokane —With manufacturing and tourism jobs in peril on the Olympic peninsula, longtime cannabis company owner Bethany Rondeaux recently increased hours for three of her part-time employees. Read story

In times of housing crises, Washington’s old squatters’ rights law is put to the test

March 30, 2020, 6:05am Business

SEATTLE — Police entered the Kent home with their guns drawn. Angela Simmons panicked and held up her hands. Read story

With billions at stake, banks try to save stunned borrowers

March 29, 2020, 6:40pm Business

NEW YORK — Tarred as villains during the 2008 financial meltdown, banks of all sizes are trying to help out Americans reeling from the economic crisis caused by the coronavirus outbreak. Read story

How a CEO mobilized a factory deemed essential to keep it running and (he hopes) safe

March 29, 2020, 4:30pm Business

When Kevin Kelly woke up on March 11, he glanced at his phone, saw a stock market in free-fall, and gently shook his head. “Overreaction,” he thought. Read story

Empty malls. Closed stores. Will coronavirus forever change how we shop?

March 29, 2020, 2:45pm Business

LOS ANGELES — The prognosis for restaurants and other retailers forced to close by the novel coronavirus pandemic is so grim that many are expected to skip rent payments on April 1. Many may never reopen. Read story

Home internet jammed up? Try these steps before upgrading

March 29, 2020, 11:44am Business

With so much of the U.S. workforce — and their families — now cooped up at home to combat the spread of the novel coronavirus, it’s not a huge surprise that home internet is showing the strain. Read story

Expert gauges COVID-19’s potential effect on Clark County’s job market

March 29, 2020, 6:05am Business

The ongoing outbreak of the novel coronavirus COVID-19 has already had a profound effect on Clark County’s job market, and the impact is likely to get worse in the coming weeks as the newest round of public containment measures make themselves felt. Read story