Business & Economy
Business & Economy
Boeing To Lay Off Thousands More Workers, Citing ‘Devastating’ Pandemic Impact,
Boeing started the year with about 160,000 employees around the world, but in the memo to employees, Calhoun said “we anticipate a workforce of about 130,000 employees by the end of 2021.”
Google Abuses Its Monopoly Power Over Search, Justice Department Says In Lawsuit
The antitrust lawsuit against Google is the most significant action the federal government has taken against a technology company in two decades. Google calls the lawsuit “deeply flawed.”
‘I’m Still Unemployed’: Millions In Dire Situation As Savings Start To Run Out
Many unemployed Americans have been tapping into their savings to pay bills. But those savings are going fast, and hopes for a new round of pandemic relief before the election are fading.
Wells Fargo Fires More Than 100 Employees Accused Of Coronavirus Relief Fraud
The employees’ alleged actions were outside of their work responsibilities and do not involve Wells Fargo’s customers, the company said. The bank says it’s cooperating with law enforcement.
Washington Supreme Court Unanimously Strikes Down I-976, Tim Eyman’s $30 Car Tab Initiative
On Thursday, the state Supreme Court struck down Initiative 976, a measure Washington voters approved last November to reduce the cost of annual vehicle licensing fees. The measure has been on hold for nearly a year as legal challenges worked their way through the court system.
Governor Inslee Moves Remaining Washington Counties To Phase 2; Whitman County Adds Deaths
No more Washington counties will be in Phase 1 of the state’s four-phase reopening plan. Gov. Jay Inslee announced Tuesday that Chelan, Douglas, Yakima, Benton and Franklin counties could advance to Phase 2.
Governor Jay Inslee Extends Washington Eviction Moratorium Through End Of The Year
The governor said in a news conference Wednesday that he’s concerned about housing insecurity during the ongoing coronavirus pandemic.
United And American Airlines Tell 32,000 Employees They’re Now On Furlough
“To our departing 13,000 family members: thank you for your dedication and we look forward to welcoming you back,” United told employees, as CARES Act payroll aid was set to expire.
From Pullman To Ellensburg To Bellingham, College Towns Feel The Coronavirus Economic Slump
Online classes and no fall college sports spell trouble for Washington college towns like Pullman, Ellensburg and Bellingham that lean on a higher education-fueled economy.
CDC Issues Sweeping Temporary Halt On Evictions Nationwide Through December
The new eviction ban is being enacted through the Centers for Disease Control. The goal is to stem the spread of the COVID outbreak, which the agency says in it’s order, “presents a historic threat to public health.”
Apple Is Worth $2 Trillion — 1st American Company To Hit Milestone
Apple first crossed the $1 trillion mark just two years ago. The iPhone maker and a handful of other tech giants propelled the S&P 500 index to a new record this week.
She Followed Rules And Took COVID Seriously. But Now An Olympia Gym Owner Is ‘Freaking Pissed’
On Aug. 3, Gov. Inslee announced new rules for indoor fitness studios and gyms that nearly tripled the required spacing between class participants from six feet to 17 feet. Krueger expressed her frustration in a 4-minute video she posted to Instagram. “I have to say that I am freaking pissed,” she said in the video. “We’re unable to pay our bills with these mandates; that is the reality.”
