Browsing: Business

The sectors of the economy that face the most difficulty in regaining all their lost jobs are the service sectors that were hit hardest by the pandemic recession: Restaurants, bars, hotels, gyms, and entertainment venues. Though college graduates often take such jobs temporarily, they typically seek out careers in professional or technical fields, where job losses were far less severe last year and are now recovering.

JetBlue creator David Neeleman is seen with a Breeze Airways aircraft. Neeleman’s latest startup carrier, which hopes to begin flying this spring, is giving up on a plan to hire only college students as flight attendants after the strategy failed to draw enough applicants. (CeanOrrett/AP)

“The time of the outage is now approaching critical levels and if it continues to remain down we do expect an increase in East Coast gasoline and diesel prices,” said Debnil Chowdhury, IHS Markit Executive Director. The last time there was an outage of this magnitude was in 2016, he said, when gas prices rose 15 to 20 cents per gallon. But the Northeast had significantly more local refining capacity at that time, potentially intensifying any impact.

A Colonial Pipeline Co. facility is seen Dec. 11, 2016, in Baltimore. A cyberextortion attempt that has forced the shutdown of a key pipeline operated by the company that carries gasoline and other fuel from Texas to the Northeast. (Kris Tripplaar/Sipa USA/TNS)

The state and city of Chicago are partnering with building owners to make vaccination clinics available to workers in major commercial buildings in downtown Chicago and other cities across Illinois, Gov. J.B. Pritzker and Mayor Lori Lightfoot said Monday.

Traffic on Interstate 95 passes oil storage tanks owned by the Colonial Pipeline Co. on Sept. 8, 2008, in Linden, New Jersey. A major pipeline that transports fuels along the East Coast had to stop operations because of a cyberattack. (Mark Lennihan/AP Photo)

The American Women Quarters Program will feature as many as 20 women “from a wide spectrum of fields including, but not limited to, suffrage, civil rights, abolition, government, humanities, science, space, and the arts,” the U.S. Mint said in a statement, adding that the women would be from “ethnically, racially, and geographically diverse backgrounds.”

That is the future that CVS, the largest retail pharmacy in the United States, is envisioning. Since January, the company has added licensed clinical social workers trained in cognitive behavioral therapy to 13 locations in the Houston, Philadelphia and Tampa, Florida, metro areas. The providers will offer mental health assessments, referrals and counseling either in person or via telehealth, a CVS spokesperson said, and this spring the company plans to expand to 34 locations in those same regions.

Although then little more than fresh out of school and a junior partner recently married to Deborah Lampe (the couple would have one son, Evan), Jahn was highly influential in the 1971 design of the so-called second McCormick Place, the huge convention center next to Lake Michigan famously championed by the late publisher of this newspaper: A boring white stone building was replaced by an epic structure of black steel and glass. By 1980, when his 800,000-square-foot Xerox Center, now called 55 West Monroe, opened at the corner of Monroe and Dearborn streets, Jahn had designed his first official Chicago skyscraper.

“The exterior of the building would remain substantially as previously approved,” Francis Greenburger, chairman and CEO of New York-based Time Equities, wrote in an email to the Tribune at the time. “Our hope would be to commence construction next year, but this will depend on economic conditions and the availability of financing.”