People laid off or furloughed because of the pandemic increasingly fall into two categories: those who have returned to their old jobs, and those who doubt they ever will. Just over half — 53 percent — of those who lost…
Posts published in “Business”
Even as President Trump’s overall approval ratings have fallen during the pandemic, voters continue to give him comparatively high marks on the economy. That appears to be true even for people bearing the brunt of the pandemic-induced recession. Over all,…
She began with a plea for civility. “Please,” Kristen Welker instructed the men standing before her, “speak one at a time.” For the most part on Thursday night, Ms. Welker got what she wanted. In a high-stakes debut overseeing a…
Here’s what you need to know: Gap Inc. plans to close 30 percent of its Gap and Banana Republic stores in North America by the beginning of 2024.Credit…Hiroko Masuike/The New York Times Gap Inc., the owner of the Gap, Banana…
WASHINGTON — The Federal Trade Commission is moving closer to a decision about filing an antitrust lawsuit against Facebook for its market power in social networking, according to two people with knowledge of the agency’s talks. The five members of…
OAKLAND, Calif. — Uber and Lyft must treat their California drivers as employees, providing them with the benefits and wages they are entitled to under state labor law, a California appeals court ruled Thursday. The decision points to growing agreement…
Vaccine experts peppered officials at the Food and Drug Administration with a range of questions on Thursday about its guidelines for approving a coronavirus vaccine, pushing the agency on whether it should wait longer to collect more safety data and…
As far as the law is concerned, there is no reason that Amedeo Rossi can’t reopen his martini bar in downtown Des Moines, or resume shows at his concert venue two doors down. Yet Mr. Rossi’s businesses remain dark, and…
The number of workers filing new unemployment claims fell last week, the government reported on Thursday, but the levels remain achingly high as the incipient economic recovery struggles to maintain a foothold. The Labor Department reported that 757,000 workers had…
Speaker Nancy Pelosi of California was noncommittal on Thursday about bringing a stimulus measure to the House floor for a vote before the Nov. 3, noting that even though a deal with the Trump administration appeared to be coming together,…