Britain Offers a Plan for Jobs, but Braces for a Wave of Layoffs
Inside the British government’s 30 billion pound ($37.8 billion) plan to “protect, support and create jobs” in the wake of the pandemic, there are signs […]
California, After Riding a Boom, Reckons With Hard Times
OAKLAND, Calif. — When California shut down its economy in March, it became a model for painful but aggressive action to counter the new coronavirus. […]
A Coffee Chain Reveals Flaws in the Fed’s Plan to Save Main Street
WASHINGTON — La Colombe, a Philadelphia-based purveyor of fancy coffee and canned draft lattes, has seen its business fall off sharply in 2020 as the […]
Hiring Outlook Remains Dim As Unemployment Claims Continue to Pour In
The number of new state unemployment claims dipped last week, but job losses continue to batter the economy as rising coronavirus cases pushed some regions […]
United Airlines Could Furlough 36,000 Workers as Virus Cases Soar
United Airlines said on Wednesday that it could furlough as many as 36,000 employees, or nearly 40 percent of its global work force, this fall […]
Federal Reserve’s Main Street Lending Program Attracts Few Big Banks
WASHINGTON — The Federal Reserve Bank of Boston on Wednesday released a list of lenders that have signed up for the central bank’s midsize business […]
White House Warns Against Chinese Investment, Citing Risk of Further Sanctions
The White House set up a working group in early June to study the issue, which is expected to deliver recommendations to the president by […]
When Washington Helped Small Business, Washington Was Helped
WASHINGTON — Car dealers and private schools, restaurants and doctors, hotels and contractors all got money from the program established to help small businesses survive […]
Lobbyists, Law Firms and Trade Groups Took Small-Business Loans
A New York shipping business owned by the family of Transportation Secretary Elaine Chao, the wife of the Senate majority leader, Mitch McConnell, received at […]
Palantir Technologies Files to Go Public
SAN FRANCISCO — Palantir Technologies, a Silicon Valley data start-up, said on Monday that it had filed to go public, setting up one of the […]