Dow soars nearly 600 points on big hopes for a vaccine and the economy's reopening
Floor trading reopened at the New York Stock Exchange Tuesday. New York Governor Andrew Cuomo rang the opening bell, and traders exulted in cheers. It was the perfect setting for investors' unbridled enthusiasm about the markets. The Dow rocketed 580…
Garland Business District raising money for local businesses impacted by pandemic
The Garland Business District Association is raising funds to help local businesses impacted by the COVID-19 pandemic.
UW Medicine to furlough about 4,000 workers
UW Medicine announced furloughs of about 4,000 members of its unionized workforce in spite of the healthcare-system’s position at the forefront of COVID-19 response efforts both locally and globally.
Biden wants Amazon to 'start paying their taxes'
Former Vice President Joe Biden said Amazon should "start paying their taxes" in a broader critique of large, successful businesses. "I don't think any company, I don't give a damn how big they are, the Lord Almighty, should absolutely be…
Senate seeks to quickly pass change to PPP to give businesses more time to use money
Facing a growing outcry from small businesses, the Senate is trying to quickly approve a major change Thursday to a popular loan program to extend the lifeline for loans given out under the popular Paycheck Protection Program. Both parties have…
Macy's expects it lost around $1 billion in a matter of weeks. Department stores are in trouble
Macy's released its preliminary earnings for the first quarter, and it ain't pretty. The company said it expects it lost as much as $1.1 billion between February and May, blaming its losses on lockdown measures that governments imposed because of…
Washington sees record unemployment rate of 15.4% in April
Washington state's unemployment rate was a record 15.4%, and the state's economy lost 527,000 jobs last month.
Walt Disney's grandson slams company's bonuses for managers while workers are furloughed
Another heir of Walt Disney is publicly expressing disgust with the company his grandfather founded for furloughing thousands of workers while continuing to pay its executives millions of dollars and massive bonuses. Brad Lund, a grandson of Disney, said in…
Amazon now hiring 2,000 full-time positions at West Plains fulfillment center
Amazon announced it will begin hiring 2,000 employees for its new fulfillment center on the West Plains.
WSU's President asks all departments to prepare for COVID19-related budget cuts
PULLMAN, Wash - As the coronavirus continues to impact state and local budgets nationwide, Washington State University President Kirk Schulz is asking all departments to prepare for a 10% budget reduction.
Trump threatens to permanently pull funding from WHO and 'reconsider' US membership
President Donald Trump is escalating his threats against the World Health Organization, telling the agency he will permanently pull US funding if it does not "commit to major substantive improvements in the next 30 days." Trump's letter -- in which…
JCPenney will close nearly 30% of its stores as part of its bankruptcy plan
JCPenney plans to close nearly 200 stores this year and an additional 50 stores next year as it seeks to use bankruptcy to turn around its business. The iconic retailer has yet to identify which of its 846 stores will…
City of Spokane paying $100,000 to house homeless at Spokane Arena, Community Services building
The City of Spokane is paying $100,000 to house the homeless at the Spokane Arena and the Community Services Building during the COVID-19 pandemic.
Technical glitch delays unemployment claim payments for thousands of Idahoans
A technical glitch has caused thousands of unemployment insurance claim payments to be delayed.
Preparing the palace: How an iconic Las Vegas casino plans to conquer Covid-19
At the heart of a nearly vacant Las Vegas Strip, Caesar's iconic palace stands empty. The hotel's doors are locked for the first time in its storied 54-year history. The casino floor is nearly as silent as its statues, save…
'We're sharing the abundance': Grant helps connect extra food supply to local families in need
Everyone has been impacted by the COVID-19 pandemic, but some have been hit harder than others -- particularly those who do not know where their next meal is coming from.
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