More Coloradans filed for state unemployment aid last week than at any point since May as the COVID-19 pandemic’s third wave continues sends shockwaves through hospitals and the economy. The U.S. Department of Labor reported on Wednesday that 15,528 people opened initial unemployment claims in Colorado last week. That’s a 69.3% increase over the 9,171 […]

Hospitality venues are being served a fresh Covid-19 blow as some employers move to cancel or tone down festive work parties amid lingering Covid-19 concern and budget constraints. A survey from the Restaurant Association shows Christmas function bookings are down on normal levels and about a third of venues are experiencing Christmas party cancellations. One […]

CHICAGO (Reuters) – Deere & Co on Wednesday reported a rise in quarterly earnings, defying Wall Street estimates, as higher crop prices, government subsidy payments and replacement demand lifted sales of farm machines.Slideshow ( 3 images )The maker of John Deere and world’s largest farm equipment producer forecast net income of $3.6 billion-$4.0 billion for […]

Applications for unemployment benefits rose for the second week in a row last week, the latest sign that the nationwide surge in coronavirus cases is threatening to undermine the economic recovery. More than 827,000 people filed first-time applications for state unemployment benefits last week, the Labor Department said Wednesday. That was up 78,000 from a […]

Slideshow ( 2 images )(Reuters) – Wall Street’s main indexes were muted at the open on Wednesday as a surprise jump in weekly jobless claims added to signs the recovery of the labor market was stalling amid a surge in COVID-19 infections. The Dow Jones Industrial Average rose just 12.63 points, or 0.04%, at the […]

NEW YORK (Reuters) – News this month of three promising coronavirus vaccines has helped push the Dow Jones Industrial Average over 30,000, but some investors worry that slow vaccination rates may weaken next year’s expected economic recovery.FILE PHOTO: The U.S. flag is seen on a building on Wall St. in the financial district in New […]

Trader Peter Tuchman wears a DOW 30,000 hat as he greets friends outside the New York Stock Exchange (NYSE) in New York, U.S., November 24, 2020. REUTERS/Brendan McDermid(Reuters) – Futures linked to the S&P 500 and the Dow were subdued on Wednesday, a day after the blue-chip index crossed 30,000, with focus turning to the […]

Robert C. Baker, a leading real estate developer, philanthropist and member of the board at the Hudson’s Bay Co., died Sunday. He was 85 years old. Baker founded and was chairman and chief executive officer of the National Realty Development Corp., one of the nation’s largest privately owned real estate development companies, controlling 22 million […]

The parents of Seth Rich, a Democratic aide whose unsolved murder became fodder for right-wing conspiracy theories about the 2016 election, reached a settlement on Tuesday with Fox News, whose coverage linked Mr. Rich to email hacks that aided President Trump’s 2016 presidential run. Joel and Mary Rich, the parents of the murdered aide, had […]

SINGAPORE – With several pilot events underway and others to come, Singapore’s meetings, incentives, conventions and exhibitions (Mice) industry is gearing up to ensure that the Republic retains its position as a leading Mice hub. Experts said that there is a first-mover advantage to be captured, and Singapore’s handling of the coronavirus crisis means that […]