Business & Economy
Business & Economy
COVID Transmission ‘Skyrocketing’ In Washington; Restaurants Warn Of $800M Shutdown Losses
Disease transmission is skyrocketing, Washington State Health Officer Kathy Lofy said in a news release Monday. Meanwhile, a four-week shutdown on indoor service at restaurants and bars prompted by an alarming statewide spike in COVID-19 cases is expected to cost the industry some $800 million. Continue Reading COVID Transmission ‘Skyrocketing’ In Washington; Restaurants Warn Of $800M Shutdown Losses
Panic Buying, Washington Businesses Close For Good As New COVID Restrictions Loom
Washington Republicans say the Legislature should immediately meet in special session to address the economic fallout from Gov. Jay Inslee’s latest Covid-19 orders – and even consider tapping the state’s “rainy day” fund. Continue Reading Panic Buying, Washington Businesses Close For Good As New COVID Restrictions Loom
What Blockbuster Automaker Profits Tell Us About The Pandemic Economy
The auto industry was devastated this spring by coronavirus shutdowns. But the recovery has been much faster and stronger than anyone anticipated as demand for new trucks and SUVs continues. Continue Reading What Blockbuster Automaker Profits Tell Us About The Pandemic Economy
He Made A Minor Mistake On An Unemployment Form. Now Washington Wants $15,000 From Him
Ahmad Ghabboun, 31, and his wife, who was laid off from the beauty department of Nordstrom’s, relied on their combined unemployment benefits to cover their $1,800 rent, the $200 monthly payment on Ghabboun’s car, and various bills, not to mention the costs of preparing for their first child: Ghabboun’s wife was six months pregnant when he received the alert claiming he owed nearly $15,000. Continue Reading He Made A Minor Mistake On An Unemployment Form. Now Washington Wants $15,000 From Him
Lawsuit: Fair Housing Groups Say Seattle-Based Redfin ‘Redlines’ Minority Communities
In a complaint filed in U.S. District Court in Seattle, the organizations said that during a two-year investigation they documented the effect of Redfin’s “minimum price policy,” which requires homes to be listed for certain prices to reap the benefits of Redfin’s services. Continue Reading Lawsuit: Fair Housing Groups Say Seattle-Based Redfin ‘Redlines’ Minority Communities
Billions In COVID-19 Relief Loans May Have Been Handed Out To Scammers, Report Says
The Small Business Administration had to quickly disburse coronavirus relief loans. But some of that may have been handed out to fraudsters, an agency report says. Continue Reading Billions In COVID-19 Relief Loans May Have Been Handed Out To Scammers, Report Says
Boeing To Lay Off Thousands More Workers, Citing ‘Devastating’ Pandemic Impact,
Boeing started the year with about 160,000 employees around the world, but in the memo to employees, Calhoun said “we anticipate a workforce of about 130,000 employees by the end of 2021.” Continue Reading Boeing To Lay Off Thousands More Workers, Citing ‘Devastating’ Pandemic Impact,
Google Abuses Its Monopoly Power Over Search, Justice Department Says In Lawsuit
The antitrust lawsuit against Google is the most significant action the federal government has taken against a technology company in two decades. Google calls the lawsuit “deeply flawed.” Continue Reading Google Abuses Its Monopoly Power Over Search, Justice Department Says In Lawsuit
‘I’m Still Unemployed’: Millions In Dire Situation As Savings Start To Run Out
Many unemployed Americans have been tapping into their savings to pay bills. But those savings are going fast, and hopes for a new round of pandemic relief before the election are fading. Continue Reading ‘I’m Still Unemployed’: Millions In Dire Situation As Savings Start To Run Out
Wells Fargo Fires More Than 100 Employees Accused Of Coronavirus Relief Fraud
The employees’ alleged actions were outside of their work responsibilities and do not involve Wells Fargo’s customers, the company said. The bank says it’s cooperating with law enforcement. Continue Reading Wells Fargo Fires More Than 100 Employees Accused Of Coronavirus Relief Fraud
Washington Supreme Court Unanimously Strikes Down I-976, Tim Eyman’s $30 Car Tab Initiative
On Thursday, the state Supreme Court struck down Initiative 976, a measure Washington voters approved last November to reduce the cost of annual vehicle licensing fees. The measure has been on hold for nearly a year as legal challenges worked their way through the court system. Continue Reading Washington Supreme Court Unanimously Strikes Down I-976, Tim Eyman’s $30 Car Tab Initiative
Governor Inslee Moves Remaining Washington Counties To Phase 2; Whitman County Adds Deaths
No more Washington counties will be in Phase 1 of the state’s four-phase reopening plan. Gov. Jay Inslee announced Tuesday that Chelan, Douglas, Yakima, Benton and Franklin counties could advance to Phase 2. Continue Reading Governor Inslee Moves Remaining Washington Counties To Phase 2; Whitman County Adds Deaths
