The number of Americans getting on airplanes has sunk to a level not seen in more than 60 years as people shelter in their homes to avoid catching or spreading the new coronavirus.
Stocks rose in morning trading on Wall Street Thursday after the Federal Reserve launched its latest unprecedented effort to support the economy through the coronavirus outbreak.
With a startling 6.6 million people seeking jobless benefits last week, the United States has reached a grim landmark: Roughly one in 10 workers have lost their jobs in just the past three weeks.
While community banks were the first to offer a lifeline to local businesses through a $349 billion program set up by the U.S. Small Business Association, national bank chains have begun to process the loans that are designed to give owners the money to keep paying their employees.
Just as the coronavirus outbreak has boxed in society, it’s also squeezed high-flying tech companies reliant on people’s freedom to move around and get together.
The Federal Reserve is lifting its lending restrictions on Wells Fargo to allow it to make more loans that fall under the $349 billion Paycheck Protection Program and the Fed’s upcoming own small business lending program.
Stocks ticked higher in morning trading on Wall Street Wednesday. Maybe this time it will last.
Plagued by an overwhelming response and a balky computer system, the U.S. Small Business Administration has yet to pay out any of $349 billion in relief to help small-business owners weather the coronavirus pandemic.
Twitter CEO Jack Dorsey is setting aside $1 billion in stock to establish a philanthropic venture focused initially on global relief efforts for the COVID-19 pandemic. Dorsey, who is also CEO of the financial-payments startup Square, will bequeath the new venture shares from his Square holdings.
Area grocery chains are taking additional social distancing precautions by implementing one-way aisles and restricting the amount of customers in stores to prevent the spread of COVID-19.
Spokane-based startup Glucose Revival is providing its glucose gel necklaces to diabetic health care workers free of charge.
German airline group Lufthansa said it was permanently removing some of its large aircraft from service and reducing capacity for the long term, saying it will take years for demand for air travel to return to levels seen before the coronavirus pandemic.
Stocks climbed in early trading on Wall Street Tuesday as markets around the world piled on even more big gains following their huge rally a day earlier
Lucy Gladhart isn’t worried about running out of toilet paper, it’s the shortage of 50 pound bags of flour and crates of 15 dozen eggs that has her worried.
Just as thousands of employees have swamped the system seeking unemployment relief, business owners have inundated the government system in place to administer the $350 billion set aside to help companies shut down as a result of the stay-at home order to combat the coronavirus pandemic.
Local chambers of commerce and business organizations recently launched an initiative to support small, locally owned businesses that are closed because of COVID-19.
Auto insurers Allstate Corp. and American Family Insurance are returning some money to customers as widespread shutdowns across the U.S. from the coronavirus cut down on driving.
Amazon is donating 8,200 laptops to families of elementary-school students in Seattle Public Schools who don’t have access to a device needed for remote learning while schools are closed because of the COVID-19 pandemic, the company and school district announced Monday morning.
Tesla unveiled its ventilator prototype Monday, forging ahead with its own untested design comprising repurposed electric car parts.
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