Sunday, July 12, 2020
July 12, 2020

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United Grain reopens after 3-day COVID-19 shutdown

July 1, 2020, 11:37am Business

Vancouver-based United Grain Corporation announced Tuesday that it has received clearance from Clark County Public Health and resumed operations following a three-day shutdown due to COVID-19. Read story

Survey: Companies added 2.4 million jobs in June

July 1, 2020, 8:45am Business

WASHINGTON — U.S. companies added nearly 2.4 million jobs in June, according to a private survey, a large gain that still leaves total employment far below its pre-pandemic levels. Read story

Alaska Airlines could ban non-masked flyers from travel

July 1, 2020, 8:41am Business

SEATTLE — Alaska Airlines says its flight attendants can issue warnings to passengers who refuse to wear a mask which could lead to them being banned from future flights. Read story

Schnitzer Steel: Fiscal 3Q Earnings Snapshot

July 1, 2020, 8:40am Business

PORTLAND — Schnitzer Steel Industries Inc. on Wednesday reported a fiscal third-quarter loss of $5 million, after reporting a profit in the same period a year earlier. Read story

Boeing rival Airbus will cut 15,000 jobs as aviation’s pandemic crisis worsens

July 1, 2020, 8:37am Business

Airbus said Tuesday it needs to cut 15,000 jobs — or 17% of its commercial jet workforce — within the next year in response to the COVID-19 crisis that has devastated the airline business. Read story

Nordstrom makes sharp staff cuts as it grapples with pandemic

July 1, 2020, 8:37am Business

Nordstrom is laying off thousands of workers, including a large number from its corporate operations in Seattle, as it copes with pandemic-related losses, according to a former employee and reports in a trade journal. Read story

Inspector General report details how Boeing played down MCAS in original 737 MAX certification — and FAA missed it

July 1, 2020, 8:37am Business

A report set to be released Wednesday by the Inspector General of the U.S. Department of Transportation concludes that Boeing deliberately played down the details of the flight control system that later helped bring down two 737 MAX jets so that the Federal Aviation Administration (FAA), responsible for certifying the new system, entirely missed its significance and danger. Read story

No smoking, drinking or eating as Atlantic City casinos open

June 30, 2020, 8:31am Business

ATLANTIC CITY, N.J. — Atlantic City tried Prohibition once before. It worked so well that Nucky Johnson, the legendary politician and racketeer, built a Boardwalk empire immortalized on HBO nearly a century later. Read story

Wall Street tacks more onto its best quarter since 1998

June 30, 2020, 8:30am Business

Stocks headed higher on Wall Street for the second day in a row Tuesday, a fitting end for a rocking quarter that propelled the U.S. stock market screaming back toward its record heights. Read story

U.S. home prices increase 4% in April

June 30, 2020, 8:29am Business

WASHINGTON — U.S. home prices gains accelerated in April even as sales have stumbled, a sign the coronavirus outbreak has had little impact on real estate values. Read story