Business
C.O. restaurants struggle to hire workers as busy season gears up
The food industry has struggled throughout the pandemic. Now, as restaurants are expanding and reopening, the weather warms and locals and visitors alike come calling, they face a new challenge.
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New memory care facility, focused on veterans, coming to La Pine
There’s a large building on Burgess Road in La Pine that may not look like much now. But in a few months, it will become something many in the community have wanted for quite a while.
Continue ReadingWork-life balance on Wall Street looks like free Pelotons and Zoom-free Fridays
Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. Tonight: Bankers are hitting the pandemic wall; gas is going up, just in time for summer road trips; and Prince Harry has a new job. Let’s get into it. LESS ZOOM,
Continue ReadingRegal theaters will get to show Warner Bros movies before they stream
Cineworld Group has some big news for movie buffs: Its theaters will get to screen Warner Bros. movies again before they stream, starting next year. The world’s second largest cinema operator said Tuesday that it has signed a multi-year deal to screen the studio’s movies in the United States for 45 days before they are
Continue Reading7-Eleven is opening a taco drive-thru
7-Eleven wants to get in on the growing popularity of fast food drive-thrus. So it’s opening one for its taco restaurant. The convenience store chain said Tuesday that it is opening a Laredo Taco location with a drive-thru in Dallas. Typically, Laredo Taco locations can be found in 7-Eleven stores themselves. This is the first
Continue ReadingRobinhood files confidentially for IPO despite disastrous start to 2021
Robinhood filed confidentially for an IPO on Monday, a person familiar with the matter told CNN Business, a development that shows the trading startup is forging ahead despite a recent series of public-relations nightmares. The filing, which Robinhood confirmed in a brief statement Tuesday afternoon, demonstrates how confident the company is in its growth prospects
Continue ReadingAmericans spent the pandemic stocking up on booze. That may be changing
The bender appears to be over for booming booze sales sparked by the pandemic. For the first time in a year, since Covid-19 began spreading across the United States forcing Americans to stay home, retail alcohol sales have fallen. That’s according to newly released data from Nielsen, which reported that total sales declined 1.9% for
Continue ReadingYellen and Powell praise stimulus but warn that more needs to be done
The two most powerful economic authorities in America told lawmakers that although the US economy is on the mend thanks to several rounds of stimulus, there’s more work to be done. Janet Yellen, the current Treasury secretary, and Jerome Powell, who succeeded Yellen as Federal Reserve chair during the Trump administration, each stressed in prepared
Continue ReadingMarvel’s ‘Black Widow’ will debut on Disney+ and theaters at the same time
In its biggest shift to streaming yet, Disney is releasing a film from Marvel on Disney+ at the same time it hits theaters. “Black Widow,” the latest from Disney’s superhero studio, will debut simultaneously in theaters and on the company’s streaming service on July 9. The film will be released via the company’s Premier Access
Continue ReadingDavid’s Bridal says weddings are coming back — now with jumpsuits and short hems
Weddings across the country have been postponed or canceled in the pandemic, but couples are now signaling that they won’t have their love locked down forever. David’s Bridal, one of largest seller of wedding gowns in the United States, said it’s anticipating weddings to return with a vengeance this year and into 2022 because of
Continue ReadingAlcohol sales fell for the first time since the pandemic began
The bender appears to be over for booming booze sales sparked by the pandemic. For the first time in a year, since Covid-19 began spreading across the United States forcing Americans to stay home, retail alcohol sales have fallen. That’s according to newly released data from Nielsen, which reported that total sales declined 1.9% for
Continue ReadingCiti launches Zoom-Free Fridays, but there’s a catch
Citigroup is launching “Zoom-Free Fridays” as a way to help the bank’s burned-out employees cope with stress a year into the pandemic. “The blurring of lines between home and work and the relentlessness of the pandemic workday have taken a toll on our well-being,” Citi CEO Jane Fraser wrote in a Monday memo to all
Continue ReadingCalifornia’s senators ask Biden to ban sale of gas-powered cars
California’s two Senators are pushing the Biden Administration to set a date after which automakers would no longer be allowed to sell gasoline-powered cars anywhere in the United States. The letter sent Monday by Sens. Diane Feinstein and Alex Padilla to President Joseph Biden urges him to “follow California’s lead and set a date by
Continue ReadingHere comes $3 gas, just as Americans start traveling again
Travel-starved Americans emerging from lockdown may need to budget for $3-a-gallon gasoline on their next road trip. Prices at the pump are on the rise, driven higher by oil prices hitting $60 per barrel, a surge of economic optimism, restraint from US frackers and unprecedented production cuts by OPEC and Russia. The energy rally has
Continue ReadingNew reasons to think the work-from-home revolution is overblown
One year after the Covid-19 pandemic forced millions of workers to start clocking in from home, many companies are thinking about how to bring their employees back into the office. A number of firms think the past 12 months have proven the merits of remote work, and have pledged more flexible schedules. But increasingly, there
Continue ReadingTaco Bell is getting a new look
Taco Bell fans will soon see a new restaurant design across the United States. The restaurant chain announced Tuesday that it’s expanding its “Go Mobile” restaurant remodel nationwide, which has dual drive-thrus and smaller dining rooms, with plans for at least 30 locations by the end of 2021. Taco Bell debuted the design last year
Continue ReadingChinese markets slump as tit-for-tat sanctions raise tension with US and Europe
Chinese stocks fell by as much as 3% on Tuesday as the United States and its allies announced new sanctions on Beijing, a sign that its relationship with the West has hit another snag. Hong Kong’s benchmark Hang Seng Index was Asia’s worst performer, closing down 1.3%, after recovering slightly from a tumble of more
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Trump’s post-presidency: On the attack with the help of a cable propaganda machine
A long interview with a Fox News anchor. An even longer podcast with a Fox commentator. And a dinnertime phone call with a Newsmax TV personality. Former President Donald Trump was audible, if not visible, all day long on Monday — and the effect is to keep him front and center in the Republican Party
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Baker City technical school expands to Prineville to train for jobs in high demand
Baker Technical Institute announced Monday it is expanding from its main campus in Baker City to provide career and technical training in Prineville in jobs in high demand, such as truck drivers.
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