Business related news.
SEATTLE — The COVID-19 pandemic, coupled with record sales of firearms, has fueled a shortage of ammunition in the United States that's impacting law enforcement agencies, people seeking personal protection, recreational shooters and hunters — and could deny new gun owners the practice they need to handle their weapons safely. Manufacturers say they're producing as [...]
WASHINGTON (AP) — Wages and salaries rose at a healthy pace in the three months ended in June as employers competed to find enough workers to fill millions of available jobs. Pay increased 1 percent in the second quarter for workers in the private sector, the Labor Department said Friday. That's down slightly from 1.1 [...]
NEW YORK — Robinhood has already changed how people trade stocks and who's doing it. Now its sights are on the rest of the financial industry. Shares of Robinhood Markets traded for the first time on the Nasdaq Thursday, following the highly anticipated initial offering by the company that's drawn a new generation of investors [...]
ATLANTA (AP) — Hotel owner Vimal Patel has traced a familiar path to success in the American hospitality industry. Patel is part of the Indian diaspora, which owns a sizeable share of the hotels and motels in the country. Like others in the community, his start in the business was humble. He worked the front [...]
WASHINGTON — The signs and banners are dotted along suburban commercial strips and hanging in shop windows and restaurants, evidence of a new desperation among America's service-industry employers: "Now Hiring, $15 an hour." It is hardly the official federal minimum wage — at $7.25, that level hasn't been raised since 2009 — but for many [...]
WASHINGTON — The U.S. Department of Veterans Affairs. The state of California. New York City. Hospitals and nursing homes. Colleges and universities. Employers are putting COVID-19 vaccine mandates into place and it's getting attention. President Joe Biden said this week a requirement is under consideration for all federal employees. But what happens if workers refuse? [...]
Auctioneer, educator and entrepreneur Laura Mantle took home top prize from the 2021 National Auctioneers Association International Auctioneer Championship earlier this month in Minneapolis. Mantle, president of namesake Mantle Auctioneering LLC in Gahanna, competed in a field of some of the best auctioneers in the world, according to the association’s announcement. The competition was the [...]
Spurred by skyrocketing consumer demand during the pandemic, restaurant delivery companies like DoorDash and Uber Eats are rapidly expanding their services to grocers, convenience stores, pharmacies, pet stores and even department stores. On Wednesday, Uber Eats unveiled its newest delivery option: flowers. Uber Eats will let users order flowers directly from its app as part [...]
Three tech companies — Apple, Microsoft and Google owner Alphabet — reported combined profits of more than $50 billion in the April-June quarter, underscoring their unparalleled influence and success at reshaping the way we live. Although these companies make their money in different ways, the results served as another reminder of the clout they wield [...]
COLUMBUS — A development in Columbus is among six projects expected to create 591 new jobs and retain 432 jobs statewide, according to Gov. Mike DeWine. During its recent monthly meeting, the Ohio Tax Credit Authority approved tax credits for the economic development proposals brought to the board by JobsOhio and its regional partners. Collectively, [...]