by Troy S. Mason | May 25, 2020 | Business News
WASHINGTON — When the history of the COVID-19 pandemic is written, there will be more than a few words devoted to the retailers the virus decimated as it pounded the economy. The last month, in particular, has brought bankruptcies from well-known brands with deep roots around the country. This weekend, Hertz, the rental car giant, […]
by Troy S. Mason | May 24, 2020 | Business News
Hertz filed for bankruptcy protection Friday, unable to withstand the coronavirus pandemic that has crippled global travel and with it, the heavily indebted 102-year-old car rental company’s business. The Estero, Florida-based company’s lenders were unwilling to grant...
by Troy S. Mason | May 23, 2020 | Business News
LOS ANGELES — The nation’s most populous county is aiming for a July 4 reopening as public health and policy experts say the coronavirus pandemic has stabilized enough to begin economic recovery. Los Angeles County officials set the deadline this week to reopen...
by Troy S. Mason | May 22, 2020 | Business News
WASHINGTON — Congress is moving toward another round of coronavirus relief as jittery Republican senators demand action and the Trump administration says more legislation is likely to be needed, with unemployment soaring and the U.S. death toll approaching 100,000....
by Troy S. Mason | May 22, 2020 | Business News
OLYMPIA, Wash. — Impostors have used the stolen information of tens of thousands of people in Washington to fraudulently receive hundreds of millions of dollars in unemployment benefits, the head of the state’s Employment Security Department said Thursday....
by Troy S. Mason | May 22, 2020 | Business News
Another 2.44 million Americans filed for initial unemployment benefits last week, bringing the total number of people who lost their job so far during the coronavirus pandemic to almost 40 million. The weekly figures, released Thursday by the Department of Labor, come...
