Business Archives

Life may get back to normal this year. But the economy probably won’t

January 13, 2021 8:59 am CNN Newsource

It’s tempting to think now that 2020 is over, the economy will soon snap back to normal. But that’s still far off: Americans aren’t…

Amazon is removing QAnon merchandise from its site

January 13, 2021 8:57 am CNN Newsource

Amazon said it is banning QAnon merchandise from its marketplace in response to the extremist group’s role in attacking the US Capitol. The…

New York City terminates contracts with the Trump Organization

January 13, 2021 6:28 am CNN Newsource

New York City is terminating its business relationships with the Trump Organization in response to last week’s attack on the US Capitol. On the…

Investors bet on a rapid vaccine rollout. That’s now at risk

January 13, 2021 5:11 am CNN Newsource

Faith in massive Covid-19 vaccination efforts has been a key reason stocks have kicked off 2021 by notching a string of record highs. But early…

Las Vegas, the hardest-hit metro economy in America, just suffered another blow

January 13, 2021 4:39 am CNN Newsource

In the run-up to the Consumer Electronics Show last year, Gina Muoio was pulling 60-to-80-hour weeks at the Mandalay Bay Convention Center in Las…

Australian company renames racially offensive cheese brand

January 13, 2021 4:20 am CNN Newsource

An Australian food company has officially renamed a famous snack brand after years of complaints that it shared its name with a racial slur.…

A global chip shortage is hitting carmakers at the worst possible time

January 13, 2021 2:31 am CNN Newsource

The world’s largest carmakers are facing a critical shortage of semiconductors that threatens to hamstring production just as the industry…

UK to fine companies that fail to disclose imports tied to China’s Xinjiang region

January 12, 2021 8:29 pm CNN Newsource

The British government will fine companies which hide connections to China’s Xinjiang region where Uyghurs and other minorities are allegedly…

Corporate America halts donations to Republicans who voted to overturn the election

January 12, 2021 6:24 pm CNN Newsource

Some of America’s biggest companies are suspending donations to Republican Congress members who objected to the Electoral College’s…

CRR saloon owner recovering after battle with COVID-19, brain aneurysm

January 12, 2021 12:21 pm KTVZ

Nearly two months after being hospitalized with a brain aneurysm and COVID-19, the Big Dog Saloon’s “Big Dog,” Randy Knight, is back at his namesake…

Bend’s new WinCo Foods supermarket sets Feb. 1 opening date

January 12, 2021 3:37 pm KTVZ News Partners

In an announcement many bargain-hunting Bend grocery shoppers have been anxiously awaiting, Boise-based WinCo Foods has set a Feb. 1 opening date…

Visa and Plaid scrap $5.3 billion merger agreement

January 12, 2021 3:10 pm CNN Newsource

Visa and fintech startup Plaid have terminated their $5.3 billion merger agreement after facing a legal challenge from the Department of Justice. The…

Sheldon Adelson, Republican kingmaker and casino magnate, has died at 87

January 12, 2021 11:34 am CNN Newsource

Sheldon Adelson, the chairman and CEO of Las Vegas Sands and a major donor to Republican politicians, died late Monday following complications…

New York Times faces new pushback on ‘Caliphate’ podcast

January 12, 2021 10:56 am CNN Newsource

The New York Times is facing fresh blowback for how it handled the fallout over falsehoods unearthed in “Caliphate,” the paper’s…

GM is starting its own electric delivery van company

January 12, 2021 10:51 am CNN Newsource

General Motors is starting a new vehicle brand to sell electric delivery vans in the United States and Canada beginning in 2021. Called BrightDrop,…

CNN’s Sara Sidner cries during Covid-19 report: ‘We are literally killing each other’

January 12, 2021 10:18 am CNN Newsource

CNN correspondent Sara Sidner has been covering Covid-19 grief firsthand, and on Tuesday, she shared the pain that comes with reporting on the deadly…