Amazon to offer 70 percent of recent temporary hires permanent jobs

Amazon plans to offer permanent jobs to about 70 percent of the US workforce it has hired temporarily to meet consumer demand during the coronavirus pandemic, the company told Reuters on Thursday. The world’s largest online retailer will begin telling 125,000 warehouse employees in June that they can keep their roles longer-term. The remaining 50,000 workers it has brought on […]

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Half of Americans would get a COVID-19 vaccine: Poll

Stocks soar on coronavirus vaccine hopes, reopening optimism FOX Business’ Lauren Simonetti explains why the stocks surged after hearing news about potential coronavirus vaccines and some of the harder hit transportation stocks and travel companies rallied as well. Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below Only about half […]

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Colorado Office of Economic Development will not be spared from budgetary ax – The Denver Post

Given that more than 475,000 Colorado residents have filed for unemployment benefits the past two months, and with the state facing a projected $3 billion revenue shortfall because of the COVID-19 outbreak, major cuts are looming everywhere, Betsy Markey, executive director of the Colorado Office of Economic Development and International Trade told the Colorado Economic Development Commission on Thursday morning […]

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Facebook names members of oversight board that can overrule Zuckerberg

Facebook this week announced the members of its content oversight board which will have the power to overrule Mark Zuckerberg on what content to censor. The independent body, which has been dubbed Facebook’s “Supreme Court,” includes a former prime minister, Nobel Peace Prize laureate and a number of constitutional law experts among its 20 members, the social network said Wednesday. […]

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Brooklyn Chamber of Commerce launches coronavirus loan program

Small businesses in Brooklyn have a new chance to score a coronavirus loan — and they won’t have to negotiate the US government’s Paycheck Protection Program to get it. Starting Tuesday, the Brooklyn Chamber of Commerce will give out loans of up to $30,000 to any shop owner who has been hurt by the pandemic and was shut out of […]

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Millions of Americans likely applied for jobless benefits last week though wave is stabilizing

Fox Business Flash top headlines for April 29 Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. Get all the latest news on coronavirus and more delivered daily to your inbox.  Sign up here. Continue Reading Below Millions more Americans likely filed claims for unemployment benefits last week, but the tide appears to be slowing, offering cautious […]

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Majority of Subway franchisees received small business relief, CEO says

Subway Restaurants CEO: Confident franchisees will survive coronavirus Subway Restaurants CEO John Chidsey says 90% of franchisees have applied for small business loans and its economic model is strong enough to survive the coronavirus. Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below A majority of Subway franchise owners have […]

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The basics of closing on a home and buyer fees

Closing costs can add 2 to 5 percent of the purchase price to the cost of buying a home. Find out about these fees here. (iStock) Millennials make up the largest share of home buyers, but people of all ages are expected to purchase homes in 2020, according to the National Association of Realtors. About one-third of buyers are first-timers, […]

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Bank of America joins rivals with $3.6B buffer from coronavirus loan defaults

Deferring mortgage, rental payments ‘buys us a housing crisis’: National Housing Conference CEO National Housing Conference CEO David Dworkin discusses Americans skipping mortgage and rental payments and projects the future of housing post-coronavirus. Bank of America joined rivals JPMorgan Chase and Wells Fargo in strengthening its buffer against coronavirus-related costs, setting aside an additional $3.6 billion to cover delinquent loans. […]

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