Business

2020-07-01 20:53:08
by Dan McCue
Majority Want Businesses to Offer Workers Paid Sick Time for COVID-19, Poll Finds

WASHINGTON - A majority of Americans said they would feel safe patronizing a business or restaurant if they knew those... Read More

WASHINGTON - A majority of Americans said they would feel safe patronizing a business or restaurant if they knew those who worked there were guaranteed paid sick leave if they came down with COVID-19, a new poll shows. The latest... Read More

2020-06-30 20:59:17
by Dan McCue
Justices Hold Booking.com Can Trademark Its Name

WASHINGTON — A nearly unanimous Supreme Court said Tuesday that the travel website Booking.com can trademark its name, a ruling... Read More

WASHINGTON — A nearly unanimous Supreme Court said Tuesday that the travel website Booking.com can trademark its name, a ruling of high significance to other companies using a generic word followed by ".com." as a name. Lower courts had sided... Read More

Americans Are Actually Drinking Less During the Pandemic

During the coronavirus pandemic, people are drinking less. (Yes, you read that correctly.) While the masses are buying more booze... Read More

During the coronavirus pandemic, people are drinking less. (Yes, you read that correctly.) While the masses are buying more booze from grocers and liquor stores to drink at home, that hasn’t been enough to fill the gaping hole created by... Read More

2020-06-16 14:30:18
by Dan McCue
Retail Sales Rebound As States Reopen After COVID-19 Lockdowns

WASHINGTON - Retail sales rebounded across the country in May as a growing number of states allowed stores and restaurants... Read More

WASHINGTON - Retail sales rebounded across the country in May as a growing number of states allowed stores and restaurants to reopen and consumers were finally allowed to venture out and spend federal stimulus checks and tax refunds. According to... Read More

Tourist Towns Balance Fear, Survival in Make-or-Break Summer

CANNON BEACH, Ore. (AP) — As the coronavirus raced across America, this quaint seaside town did what would normally be... Read More

CANNON BEACH, Ore. (AP) — As the coronavirus raced across America, this quaint seaside town did what would normally be unthinkable for a tourist destination. Spooked by a deluge of visitors, the tiny Oregon community shooed people from its expansive... Read More

2020-06-01 18:23:49
by Dan McCue
Restaurant Rich Charleston Offers Clues to Post-Pandemic Future of Industry

CHARLESTON, S.C. - It wasn't exactly a typical Friday night in what could arguably be described as the "foodie district"... Read More

CHARLESTON, S.C. - It wasn't exactly a typical Friday night in what could arguably be described as the "foodie district" of Charleston, South Carolina. But it was something of a barometer of how restaurants are fighting to come back from... Read More

2020-06-01 12:08:15
by Tom Ramstack
Maritime Industry Asks Congress for Bailout During Coronavirus

WASHINGTON - Representatives of the U.S. maritime industry asked Congress for an emergency bailout Friday as they described how coronavirus... Read More

WASHINGTON - Representatives of the U.S. maritime industry asked Congress for an emergency bailout Friday as they described how coronavirus is hurting ports and shippers. They are expecting their revenue to drop by as much as one-quarter below normal levels... Read More

2020-05-28 20:17:28
by Dan McCue
House Overwhelmingly Endorses Greater Flexibility for Small Business Aid Program

WASHINGTON - In an overwhelmingly bipartisan fashion, the House on Thursday passed legislation providing struggling small businesses with greater flexibility... Read More

WASHINGTON - In an overwhelmingly bipartisan fashion, the House on Thursday passed legislation providing struggling small businesses with greater flexibility in using coronavirus relief loans. The bill, which amends the Paycheck Protection Program enacted in March, passed by a vote... Read More

2020-05-27 19:21:32
by Kate Michael
State of Small Business Report Outlines the Struggle for Survival and Reopening

WASHINGTON - The economy is in crisis, but not everyone is feeling it the same way. One of the hardest-hit... Read More

WASHINGTON - The economy is in crisis, but not everyone is feeling it the same way. One of the hardest-hit sectors is America’s small businesses. Over 99% of the nation’s 28.7 million firms are small and medium-sized businesses which contribute... Read More

2020-05-26 18:12:17
by Dan McCue
New Dems, Problem Solvers Endorse Legislation to Improve Paycheck Protection Program

WASHINGTON - Both the New Democrat Coalition and the Problem Solvers Caucus endorsed legislation on Tuesday intended to make the... Read More

WASHINGTON - Both the New Democrat Coalition and the Problem Solvers Caucus endorsed legislation on Tuesday intended to make the federal government's Paycheck Protection Program work better for more businesses across the country. Since its creation in the very first... Read More

2020-05-19 21:09:31
by Dan McCue
Groundbreaking Survey Series Asks, 'What Will It Take to Return to Normalcy?'

WASHINGTON - Would you be willing to take a cruise right now? How about attending a live sporting event? Or... Read More

WASHINGTON - Would you be willing to take a cruise right now? How about attending a live sporting event? Or staying in a hotel? Perhaps flying? A new survey of the travel and leisure attitudes of Americans found that more... Read More

2020-05-19 20:21:22
by Gaspard Le Dem
The Coronavirus Is Taking A Toll On The Renewable Energy Sector

The natural world has gotten a boost from the coronavirus pandemic.  With fewer cars on the roads and planes in... Read More

The natural world has gotten a boost from the coronavirus pandemic.  With fewer cars on the roads and planes in the sky, the world has benefited from clearer skies and an unprecedented decline in carbon emissions.  Daily CO2 emissions decreased... Read More

2020-05-19 20:08:44
by Dan McCue
Number of Female CEOs in the Fortune 500 Hits All-Time Record

The number of women running America's largest corporations has reached a record high with 37 of the companies on this... Read More

The number of women running America's largest corporations has reached a record high with 37 of the companies on this year's Fortune 500 being led by female CEOs, Fortune magazine announced on Monday. The Fortune 500, which ranks America's largest... Read More

2020-05-18 21:25:26
by Gaspard Le Dem
Department of Transportation Relaxes Rest Stop Rules For Truck Drivers

WASHINGTON - The Federal Motor Carrier Safety Administration announced on Thursday that it had finalized new rules to give truckers... Read More

WASHINGTON - The Federal Motor Carrier Safety Administration announced on Thursday that it had finalized new rules to give truckers more flexibility on their driving hours. The announcement comes after two years of intense public debate over how to give... Read More

2020-05-13 13:17:12
by Gaspard Le Dem
House Lawmakers Urge Relief For Auto Industry in Next Coronavirus Bills

WASHINGTON - A bipartisan group of House lawmakers on Tuesday urged Congress to provide funding for the U.S. automobile industry... Read More

WASHINGTON - A bipartisan group of House lawmakers on Tuesday urged Congress to provide funding for the U.S. automobile industry in future coronavirus stimulus packages. “America’s motor vehicle industry must remain the heart of our nation’s manufacturing capability,” wrote the... Read More

2020-05-06 20:35:01
by Dan McCue
Employers Eliminated More Than 20 Million Jobs in April, Report Says

WASHINGTON - U.S. private sector employers cut 20.2 million jobs from their payrolls in April, a stunning sign of just... Read More

WASHINGTON - U.S. private sector employers cut 20.2 million jobs from their payrolls in April, a stunning sign of just what the coronavirus outbreak has done to the economy in a relatively short time. In a report released Wednesday, ADP,... Read More

2020-05-05 15:12:02
by Dan McCue
Supreme Court's First-Ever Sitting for Arguments By Phone Goes Off Without a Hitch

WASHINGTON - Somewhere, Alexander Graham Bell must be smiling. Some 144 years after the Scottish-born scientist invented the world's first... Read More

WASHINGTON - Somewhere, Alexander Graham Bell must be smiling. Some 144 years after the Scottish-born scientist invented the world's first working telephone, the U.S. Supreme Court made history Monday by hearing oral arguments using his technology and allowing the world... Read More

2020-05-01 16:44:39
by Dan McCue
Judiciary Committee Seeks Bezos Testimony Over Allegedly Misleading Congress

WASHINGTON - The House Judiciary Committee on Friday asked Amazon CEO Jeff Bezos to testify after both Republicans and Democrats... Read More

WASHINGTON - The House Judiciary Committee on Friday asked Amazon CEO Jeff Bezos to testify after both Republicans and Democrats on the panel expressed concerns his deputies may have lied to Congress. The letter, which is signed by four Democrats... Read More

2020-05-01 15:32:39
by Dan McCue
Cunningham Convinces Wealthy Homeowners to Return $1 Million SBA Loan

WASHINGTON - A wealthy homeowners association on exclusive Kiawah Island in South Carolina is returning a $1 million federal loan... Read More

WASHINGTON - A wealthy homeowners association on exclusive Kiawah Island in South Carolina is returning a $1 million federal loan intended to help small businesses and nonprofits after being taken to task by Rep. Joe Cunningham, D-S.C. Cunningham, who is... Read More

2020-05-01 14:24:57
by Dan McCue
Federal Reserve Expands Scope of Main Street Lending Program

WASHINGTON - The Federal Reserve said Thursday it is expanding the scope and eligibility for the Main Street Lending Program,... Read More

WASHINGTON - The Federal Reserve said Thursday it is expanding the scope and eligibility for the Main Street Lending Program, a vehicle created to help credit flow to small and medium-sized businesses that were in sound financial shape before the... Read More

Trump Halted Travel From Europe for 30 Days. Officials Now Say It Could Be Months

WASHINGTON — Restrictions on travel from Europe to the United States introduced in March by President Donald Trump could last... Read More

WASHINGTON — Restrictions on travel from Europe to the United States introduced in March by President Donald Trump could last for months, despite his initial statement they would remain in place for 30 days, three senior administration officials told McClatchy.... Read More

Small Business Loan Program Restarts, Runs Into Snags

NEW YORK (AP) — The second round of loan applications for the government's small business relief program has been slowed... Read More

NEW YORK (AP) — The second round of loan applications for the government's small business relief program has been slowed by computer issues at the Small Business Administration. Lenders complained Monday that they couldn't get their applications into the SBA... Read More

2020-04-27 17:07:10
by Dan McCue
Supreme Court Rules Insurers Can Collect $12 Billion From Congress for ACA Losses

WASHINGTON - The U.S. Supreme Court ruled Monday that Congress acted unlawfully when it reneged on a commitment to shield... Read More

WASHINGTON - The U.S. Supreme Court ruled Monday that Congress acted unlawfully when it reneged on a commitment to shield Affordable Care Act insurers from financial losses in the early years of its implementation. In an 8-1 ruling, the justices... Read More

Grocery Stores Seeking Masks for ‘Essential’ Workers Confront Shortages, Federal Interference

The day after the Centers for Disease Control and Prevention in early April advised everyone to cover their faces in... Read More

The day after the Centers for Disease Control and Prevention in early April advised everyone to cover their faces in public, the co-owner of a small network of grocery stores in Wisconsin logged into Facebook and began a post: “HELP!”... Read More

2020-04-24 13:16:43
by Dan McCue
House Bill Aims to Make Cannabis Businesses Eligible for COVID-19 Relief

WASHINGTON - A bill introduced by two Democratic congressmen Thursday would make businesses in the previously flourishing cannabis industry eligible... Read More

WASHINGTON - A bill introduced by two Democratic congressmen Thursday would make businesses in the previously flourishing cannabis industry eligible to apply for COVID-19 relief programs run through the Small Business Administration. In the wake of the shuttering of many... Read More

2020-04-14 21:07:19
by Gaspard Le Dem
Small Farmers Worry Government Won’t Bail Them Out of Pandemic Woes

When the coronavirus started shutting down livestock markets, Darvin Bentlage knew his farm would take a hit. Springtime cattle sales... Read More

When the coronavirus started shutting down livestock markets, Darvin Bentlage knew his farm would take a hit. Springtime cattle sales usually bring in about a third of his ranching income, and cattle prices were already at a low, he said. ... Read More

2020-04-10 18:37:23
by Dan McCue
COVID-19-Driven Trade Decisions Must Ensure Free Flow of Goods

WASHINGTON - Despite the continued uncertainties related to the COVID-19 virus, government officials trying to beat back the pandemic need... Read More

WASHINGTON - Despite the continued uncertainties related to the COVID-19 virus, government officials trying to beat back the pandemic need to resist the temptation to erect new barriers to trade, an international trade watchdog said Friday. Further, the report said,... Read More

2020-04-10 18:33:41
by Dan McCue
How The Private Sector Is Fighting The COVID-19 Pandemic

WASHINGTON - To no one's surprise, the coronavirus outbreak -- once it breached our shores -- became all anyone was... Read More

WASHINGTON - To no one's surprise, the coronavirus outbreak -- once it breached our shores -- became all anyone was talking about. Fears over the pandemic and the grim death toll projections dominated the early narrative, to be surpassed later... Read More

2020-04-09 20:52:20
by Kate Michael
Virtual Event Focuses on Leading During a Crisis

Billionaire Investor Mark Cuban headlined a virtual discussion hosted by Axios Friday afternoon focused on leading in a crisis, sharing... Read More

Billionaire Investor Mark Cuban headlined a virtual discussion hosted by Axios Friday afternoon focused on leading in a crisis, sharing his thoughts on specifically how to lead and work together for social good in the midst of a global pandemic. ... Read More

2020-04-03 16:44:54
by Dan McCue
Ratings Agency Says Non-Bank Mortgage Lenders Face 'Intense' Liquidity Crunch

WASHINGTON - The rating agency Moody's downgraded its outlook for non-bank mortgage lenders in the U.S. from "stable" to "negative"... Read More

WASHINGTON - The rating agency Moody's downgraded its outlook for non-bank mortgage lenders in the U.S. from "stable" to "negative" on Thursday, warning the industry faces "intense" liquidity problems due to the ongoing coronavirus outbreak. As previously reported in The... Read More

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