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The Seattle Times Business – The Seattle Times

The Seattle Times Business – The Seattle Times


Seattle-area job openings finally return to pre-pandemic level, in sign of growing recovery

Posted: 01 May 2021 11:59 AM PDT


Hiring is up, home sales are robust, but air travel shows the pandemic's economic impacts are still with us.

Coronavirus daily news updates, May 1: What to know today about COVID-19 in the Seattle area, Washington state and the world

Posted: 01 May 2021 08:04 AM PDT


We're updating this page with the latest news about the COVID-19 pandemic and its effects on the Seattle area, the Pacific Northwest and the world, including stats about the spread of the coronavirus in Washington state.

Powell’s high-stakes bet: More jobs but only mild inflation

Posted: 01 May 2021 07:50 AM PDT


WASHINGTON (AP) — With employers hiring, consumers spending and companies raising some prices, Federal Reserve Chair Jerome Powell is embarking on a high-stakes gamble. Powell’s bet is that the Fed can keep rates ultra-low even as the U.S. economic recovery kicks into high gear — and that it won’t have to quickly raise rates to […]

Delta stops blocking middle seats, officially ending social distancing on planes

Posted: 01 May 2021 06:58 AM PDT


Delta was the final holdout, ending its practice of blocking middle seats on Saturday. That is more than a year after the airline first introduced the practice as the coronavirus cratered the number of air travelers.

In Catch-22, Washington distilleries are forbidden by law from qualifying for federal restaurant aid

Posted: 01 May 2021 06:45 AM PDT


Washington state distilleries are caught in a classic Catch-22 that could prevent them from qualifying for much-needed coronavirus aid from the U.S. Small Business Administration (SBA). To be eligible for the SBA funding, at least 33% of a tasting room’s profits must come from on-site sales such as tastings, cocktails or food. The catch: Washington […]

How the COVID pandemic led to a rental car crisis just as Americans are ready to bust loose

Posted: 01 May 2021 06:38 AM PDT


More than 1 of every 3 rental cars that were in service before the pandemic are no longer available. For customers, smaller fleets mean higher prices and longer waits.

Amazon would need a pretty big stock split to get into the Dow average

Posted: 01 May 2021 06:31 AM PDT


Another earnings season brought another round of speculation about Amazon splitting its high-flying stock so it could be included in the Dow Jones Industrial Average without throwing that archaic index completely out of whack.

Racist restrictions in old home deeds across Washington state will get expanded scrutiny

Posted: 01 May 2021 06:00 AM PDT


Covenants that blocked people of certain races and religions from living in some areas are still on the books in Washington, though no longer enforceable. Researchers are now expanding a search for these markers of the area's history of segregation.

Warren Buffett’s firm reports $12B profit before its meeting

Posted: 01 May 2021 05:59 AM PDT


OMAHA, Neb. (AP) — Billionaire Warren Buffett warned people not to think investing is an easy way to make a fortune as he answered questions at Berkshire Hathaway’s annual meeting Saturday. Buffett said it can be tough to pick the long-term winners. He pointed out that in 1903 there were more than 2,000 car companies, […]

May Day protesters demand more job protections amid pandemic

Posted: 01 May 2021 05:44 AM PDT


In countries that mark May 1 as International Labor Day, the annual celebration of workers' rights produced a rare sight during the pandemic: large and closely packed crowds, with marchers striding shoulder-to-shoulder with clenched fists behind banners.

Maine seaweed growers to break state records this spring

Posted: 01 May 2021 05:17 AM PDT


FALMOUTH, Maine (AP) — Maine’s seaweed farmers are in the midst of a spring harvest that is almost certain to break state records. America’s seaweed farming industry is based principally in Maine, where the business has grown swiftly over the past several years. Atlantic Sea Farms, a Saco company that works with two dozen seaweed […]

Kenya eases curfew, other virus measures after cases decline

Posted: 01 May 2021 05:01 AM PDT


NAIROBI, Kenya (AP) — Kenyan President Uhuru Kenyatta loosened infection-control measures Saturday after the number of new COVID-19 cases confirmed in the country dropped from an early spring surge. Kenyatta announced in his May Day speech that a nightly curfew was being moved to 10 p.m. following a 72% reduction in new cases. On March […]

Turkey adds cryptocurrency exchanges to terror funding rules

Posted: 01 May 2021 01:07 AM PDT


ISTANBUL (AP) — A presidential decree published Saturday added cryptocurrency exchanges to a list of firms covered by Turkey's terror financing and money laundering. The move came after a ban on using cryptocurrencies for making payments, which was introduced in response to claims that such transactions are too risky, took effect in Turkey on Friday. […]

A grudge match in Japan: One corner, two 7-Elevens

Posted: 01 May 2021 12:30 AM PDT


7-Eleven has gone to surprising lengths against a franchisee. It compiled complaints against him, including one over a bungled giveaway of "commemorative mayonnaise." And now it plans to charge him for the cost of building a shop next to his.

Hungary reopens for people holding COVID-19 immunity cards

Posted: 30 Apr 2021 11:22 PM PDT


BUDAPEST, Hungary (AP) — Hungary on Saturday loosened several COVID-19 restrictions for people with government-issued immunity cards, the latest in a series of reopening measures that have followed an ambitious vaccination campaign. As of Saturday, individuals with the plastic cards may enter indoor dining rooms, hotels, theaters, cinemas, spas, gyms, libraries, museums and other recreational […]

Workers protest Indonesia’s labor law in May Day rallies

Posted: 30 Apr 2021 11:10 PM PDT


JAKARTA, Indonesia (AP) — Workers in Indonesia marked international labor day on Saturday with significantly less-attended marches due to coronavirus restrictions, but thousands still vented their anger at a new law they say harms their rights and welfare. About 50,000 workers from 3,000 companies and factories were expected to take part in traditional May Day […]

Why would Google suddenly need to know my birthday?

Posted: 30 Apr 2021 10:40 PM PDT


Patrick Marshall answers your tech questions. This week's topics cover why Google would ask for a Gmail user's birthday, possible conflicts between Norton 360 and Malwarebytes software, and how to access files on an old server if a password is lost.

Pandemic inspector general warns of oversight breakdown

Posted: 30 Apr 2021 10:29 PM PDT


The inspector general has been tracking fraud and "double dipping" in the relief programs, but his access to certain databases started to be curtailed last year in the final months of the Trump administration as a turf war between inspectors general ensued.

How the Gaetz probe grew from sex trafficking to medical pot

Posted: 30 Apr 2021 09:19 PM PDT


ORLANDO, Fla. (AP) — When Rep. Matt Gaetz vacationed in the Bahamas in 2018, he was joined by a doctor who donated to his campaign and a former colleague in the Florida Legislature. The Republican congressman, Dr. Jason Pirozzolo and Halsey Beshears were united in their enjoyment of politics, fancy travel and the company of […]

Canada’s Regulator Holds Johnson & Johnson Vaccine Over Emergent Link

Posted: 30 Apr 2021 08:14 PM PDT


Canada's drug and vaccine regulator said Friday that it was withholding the release of the country's first shipment of the Johnson & Johnson vaccine to verify its safety and quality. Health Canada, the regulator, said Tuesday that none of the Johnson & Johnson vaccine, developed by the company's Janssen subsidiary, had been made at an […]

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