Business & Economy
Business & Economy
48 AGs, FTC Sue Facebook, Alleging Illegal Power Grabs To ‘Neutralize’ Rivals
The state and federal officials say Facebook’s acquisitions of WhatsApp and Instagram violated competition laws and served to stifle rivals by giving the social network an unfair advantage.
‘Warning Signs Flashing’: Job Growth Slows Sharply As Pandemic Takes Toll On Economy
U.S. employers added just 245,000 jobs last month as the runaway pandemic continued to weigh on hiring. The unemployment rate fell to 6.7% from 6.9% in October.
Migration To Booming Northwest ‘Zoom Towns’ Sends Home Prices Into Overdrive
You can add a new term to your lexicon: “Zoom towns.” These are scenic places experiencing a surge of house hunters. Booming demand comes from workers freed by the pandemic to work from home long term.
Boeing Lands 1st 737 Max Order Since Troubled Plane Was Cleared To Fly Again
Just two weeks ago, U.S. regulators cleared Boeing’s 737 Max to fly following the deadly crashes of two of the planes in 2018 and 2019. Now Boeing is reporting an order for 75 of the aircraft.
Bipartisan Group Pushes $908B COVID-19 Plan, But McConnell Crafts Bill Trump Will Sign
A loosely assembled group of House and Senate lawmakers released a legislative framework they hope can break the months-long impasse between party leaders and the White House on pandemic relief.
As Washington Restaurants Close Indoors Again, Some In Hard-Hit Yakima Say They Won’t
Earlier this year, Yakima County was among the worst-hit places for COVID-19 in Washington and the West Coast. It and the Tri-Cities region were among the last counties to open for indoor bar and restaurant service. Now, with another statewide closure, some restaurant operators are pushing back and refusing to close.
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.
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.
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.
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.
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.
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.
