Business related news.
NAMBÉ, N.M. — Carmaker Tesla has opened a store and repair shop on Native American land for the first time, marking a new approach to its yearslong fight to sell cars directly to consumers and cut car dealerships out of the process. The white-walled, silver-lettered Tesla store, which opened earlier this month, sits in Nambé [...]
The Columbus retail market is surviving the COVID-19 pandemic better than most of its Midwest counterparts, according to a new report from real estate consulting firm Marcus & Millichap. “Backed by a local economy that has recaptured 80 percent of the jobs lost during the initial months of the health crisis, Columbus’ retail sector continues [...]
Ask for a roast beef sandwich at an Arby's drive-thru east of Los Angeles and you may be talking to Tori — an artificially intelligent voice assistant that will take your order and send it to the line cooks. "It doesn't call sick," says Amir Siddiqi, whose family installed the AI voice at its Arby's [...]
NEW YORK (AP) — Downtown businesses once took for granted that nearby offices would provide a steady clientele looking for breakfast, lunch, everyday goods and services and last-minute gifts. As the resilient coronavirus keeps offices closed and workers at home, some are adapting while others are trying to hang on. Some businesses are already gone. [...]
SANTA FE, N.M. (AP) — State Sen. Pat Woods saw a lot of it over this past year — cows culled from a herd and sent to the slaughterhouse because their owners couldn't afford to feed them anymore. "It was awfully dry," said the longtime rancher and Republican lawmaker from Broadview, a ranching community on [...]
The new federal vaccine requirement announced by President Joe Biden has created another worry for large businesses: With help wanted signs up almost everywhere, some could lose valuable employees or won't be able to find new ones. Biden announced sweeping new orders last week that will require employers with more than 100 workers to mandate [...]
DALLAS (AP) — Several leading U.S. airlines warned Thursday that the rise in COVID-19 cases due to the delta variant is hurting their bookings and further delaying the travel industry's recovery. The summer got off to a strong start, with many planes full of vacationers eager to break out after being stuck at home for [...]
NEW YORK — Business owners from Louisiana to Connecticut are still adding up the financial losses and assessing the physical and emotional toll caused by Hurricane Ida, grappling to find a way forward. Many say it's difficult to figure out the future when they're unsure of the answers to some immediate questions: When will the [...]
Worthington-based Hyperion Materials & Technologies announced last week the acquisition of a Michigan manufacturer that specializes in the production of high-precision small parts and extreme surface finishes. A global materials science company, Hyperion develops hard and super-hard materials — such as tungsten carbide powders, cemented carbide, synthetic diamond, and cubic boron nitride products — for [...]
WASHINGTON (AP) — The disconnect is jarring: Across the country, employers who are desperate to fill jobs have posted a record-high number of job openings. They're raising pay, too, and dangling bonuses to people who accept job offers or recruit their friends. And yet millions more Americans are unemployed compared with the number who were [...]