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July 12, 2020

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Pandemic pumping up biking interest in Clark County

June 30, 2020, 6:02am Clark County Business

Wave 1 was when the gyms closed. Wave 2 came when the layoffs began. Wave 3 arrived after the stimulus checks went out — and that was all before the start of the sunny weather that typically ushers in the busy summer season. Read story

United Grain halts operations due to COVID-19 cases

June 29, 2020, 5:08pm Business

Vancouver-based United Grain Corporation has suspended operations at its grain export terminal at the Port of Vancouver after two of its on-site staff tested positive for COVID-19, the company announced Monday. Read story

Les Schwab Tire suspends plans to sell company, citing coronavirus

June 29, 2020, 4:36pm Business

Les Schwab Tire Centers has suspended efforts to sell the Bend, Ore., company, saying prospective buyers cannot easily evaluate the business’ value during the coronavirus pandemic Read story

Washington likely to seek loan to keep jobless fund solvent

June 29, 2020, 4:35pm Business

OLYMPIA — Washington state could make a request for a federal loan as soon as August or September to secure funds by the end of the year in order to keep its unemployment trust fund solvent as it continues to pay out benefits to those affected by the coronavirus shutdowns, Employment Security Department Commissioner Suzi LeVine said Monday. Read story

AMC pushes back movie theater reopening by 2 weeks

June 29, 2020, 12:52pm Business

AMC Theaters, the nation’s largest chain, is pushing back its plans to begin reopening theaters by two weeks following the closure because of COVID-19. The company said Monday that it would open approximately 450 U.S. locations on July 30 and the remaining 150 the following week. Read story

Starbucks latest to say it will pause social media ads

June 29, 2020, 8:29am Business

Starbucks is the latest company to say it will pause social media ads after a campaign led by civil rights organizations called for an ad boycott of Facebook, saying it doesn’t do enough to stop racist and violent content. Read story

High Court makes it easier for president to remove CFPB head

June 29, 2020, 8:28am Business

WASHINGTON — The Supreme Court on Monday made it easier for the president to fire the head of the Consumer Financial Protection Bureau. Read story

Wall Street climbs to claw back some of last week’s losses

June 29, 2020, 8:28am Business

Stocks climbed broadly higher on Wall Street Monday, as the market clawed back more than a third of its losses from last week. Read story

Gilead’s $2,340 price for coronavirus drug draws criticism

June 29, 2020, 8:20am Business

The maker of a drug shown to shorten recovery time for severely ill COVID-19 patients says it will charge $2,340 for a typical treatment course for people covered by government health programs in the United States and other developed countries. Read story

Why are Black and Latino people still kept out of the tech industry?

June 29, 2020, 6:00am Business

It seemed like tech was turning a corner. Read story