Sunday, July 12, 2020
July 12, 2020

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Further layoffs at Boeing to push total job cuts in Washington to 10,500

July 3, 2020, 8:44am Business

Last week Boeing handed out a second round of layoff notices, notifying approximately 1,030 employees companywide that they will lose their jobs by Aug. 28. Read story

Germany is first major economy to phase out coal and nuclear

July 3, 2020, 8:44am Business

BERLIN — German lawmakers have finalized the country’s long-awaited phase-out of coal as an energy source, backing a plan that environmental groups say isn’t ambitious enough and free marketeers criticize as a waste of taxpayers’ money. Read story

New head baker of Vancouver’s Rosycakes brings bit of Vegas to creations

July 3, 2020, 6:01am Business

Brittnee Klinger, the new head baker and manager of Rosycakes, brings a bit of the sparkle, glam and decadence of her hometown of Las Vegas to Vancouver. Read story

American, four other airlines reach loan agreements

July 2, 2020, 8:16pm Business

DALLAS — American Airlines and four smaller carriers have reached agreement with the government for billions more in federal loans, a sign of the industry’s desperate fight to survive a downturn in air travel caused by the virus pandemic. Read story

Initial jobless claims up slightly in Clark County

July 2, 2020, 5:49pm Business

Initial unemployment insurance claims rose in Clark County by nearly 2 percent last week, from 1,336 to 1,357 claims, continuing a trend of rising jobless claims. Read story

Stocks rise on jobs data, S&P 500 ends week with solid gain

July 2, 2020, 10:50am Business

NEW YORK — Stocks closed broadly higher on Wall Street Thursday as investors welcomed a report showing the U.S. job market continues to climb out of the crater created by the coronavirus pandemic. Read story

U.S. long-term mortgage rates hit all-time low again

July 2, 2020, 8:51am Business

SILVER SPRING, Md. — Long-term U.S. mortgage rates fell this week with the benchmark 30-year home loan hitting its lowest level ever. Read story

Clark County faces enforcement gap for mask order in Washington

July 2, 2020, 6:00am Business

Face coverings went from being a recommendation to a requirement last week following Gov. Jay Inslee’s statewide order to wear masks in all indoor, public spaces and outdoors when physical distancing isn’t possible. Read story

Senate extends small business coronavirus relief program

July 1, 2020, 2:01pm Business

WASHINGTON — Democrats drove a temporary extension of a popular subsidy program for small businesses through the GOP-controlled Senate late Tuesday, an unexpected development that came as spikes in coronavirus cases in many states are causing renewed shutdowns of bars and other businesses. Read story

S&P 500 index notches another gain on a mixed day for stocks

July 1, 2020, 12:20pm Business

Stock indexes ended mixed on Wall Street on Wednesday, even as the market extended its winning streak to a third day and gains in technology companies pushed the Nasdaq to an all-time high. Read story