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The Spokesman-Review Newspaper

The Spokesman-Review Newspaper The Spokesman-Review

Spokane, Washington  Est. May 19, 1883
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Brewer Heineken to cut 8,000 jobs after pandemic losses

Dutch beer brewer Heineken said Wednesday it plans to cut 8,000 staff, nearly 10% of its global workforce, as part of a cost-cutting reorganization after a pandemic-dominated year that saw it sink to a net loss of $248 million.

Boeing posts $8.4 billion loss on weaker demand for planes

Boeing lost $8.4 billion in the fourth quarter – capping a record loss for all of 2020 – as the pandemic undercut demand for planes, and the company announced another costly delay to its new large jetliner designed for long-haul flights.

Stocks drift amid investors’ tug of war between hope, fear

U.S. stocks were drifting in mixed trading on Thursday, as Wall Street’s tug of war continues between worries about the worsening pandemic in the present and optimism that a vaccine will rescue the economy in the future.

Nordstrom’s 2Q sales down 53% hurt by pandemic fallout

Nordstrom Inc. on Tuesday reported a larger-than-expected loss and a 53% drop in sales for its fiscal second quarter, during which the pandemic forced the upscale department store chain to temporarily close its stores.