“If you read some of the news reports, you might think we have no care for employees. In those reports, our employees are sometimes accused of being desperate souls and treated as robots,” Bezos wrote. “That’s not accurate. They’re sophisticated and thoughtful people who have options for where to work.”
Business
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Business
Airline stocks may be ready for takeoff on hopes of post-pandemic travel rebound
by staffby staffA Frontier Airlines jet heads down a runway for takeoff June 10, 2020, at Denver International Airport in Denver. Frontier held an initial public offering in March 2021; low-cost carriers are expecting a post-pandemic travel boom. (David Zalubowski/AP)
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The Barretts’ 4,232-square-foot home is in South Bend’s Harter Heights neighborhood. Built in 1915, the house has six bedrooms, five bathrooms, hardwood floors, a living room with a fireplace flanked by built-in bookcases, French doors that lead to a sunroom, a finished lower level, a kitchen with an island and stainless steel appliances, and a primary bedroom suite with a large walk-in shower. Outside on the 0.29-acre property are a fenced rear yard, a covered deck, a large patio and a detached, two-car garage.
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Business
$1,400 stimulus checks send Americans shopping: March retail sales soar 9.8%
by staffby staffA salesperson helps a customer shopping for boots March 18, 2021, at the L.L. Bean flagship retail store in Freeport, Maine. Americans went on a spending spree last month as retail sales surged a seasonally adjusted 9.8%, the Commerce Department said April 15. (Robert F. Bukaty/AP)
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A “Now Hiring” sign is seen Feb. 26, 2021, on a window at Sherwin Williams store in Woodmere Village, Ohio. The number of Americans applying for unemployment benefits tumbled in the first full week of April to 576,000, a post-COVID low and a hopeful sign that layoffs are easing. (Tony Dejak/AP)
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Business
Subsidizing 2 more Exelon nuclear plants key to meeting Pritzker’s climate goals, audit finds
by staffby staff“First, we care about good-paying union jobs and communities that need them,” Deputy Gov. Christian Mitchell said in an interview. “Second, and perhaps most importantly, the state’s nuclear fleet provides the vast majority of our clean power. Taking it away during our transition to renewable energy would force us to rely more heavily on fossil fuels.”
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Business
CTA, Metra, Uber and Lyft say riders are coming back. But who needs a ride if you’re working from home?
by staffby staff“I think one really encouraging sign that we’ve seen is that we’ve absolutely seen an influx of new riders,” Uber CEO Dara Khosrowshahi said at a March 1 investor conference. “And that influx looks like it’s coming from other modes of transportation, whether it’s mass transit or taxi. Like, pretty consistently across markets, we see Uber come back faster than taxi, faster than other forms of transport.”
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Business
Tribune Publishing sticking with Alden offer for now over bid by Maryland businessman and Swiss billionaire
by staffby staffThe filing disclosed that Wyss, who made his fortune in medical device manufacturing, is financing the bulk of Newslight’s bid. Wyss is putting up $505 million in equity, while Bainum, whose background is in developing hotels and nursing homes and who remains the chairman of Rockville-based Choice Hotels International, is putting up $100 million.
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Business
Hundreds of top execs and companies, including United and Mondelez, push back against voting restrictions in newspaper ad
by staffby staffThe letter, published Wednesday in The New York Times and The Washington Post, was signed by companies including Amazon, Google, Starbucks, Mondelez International, United Airlines and Bank of America, and individuals such as Warren Buffett and Michael Bloomberg, plus law firms and nonprofit groups.
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Business
The Original Rainbow Cone, a 95-year-old Chicago legend, is opening its 1st suburban shop in Lombard
by staffby staffOf course, customers can also get the signature rainbow cone, layered with five slices of ice cream flavors, from bottom to top: chocolate, strawberry, Palmer House (vanilla with walnuts and cherries), pistachio and orange sherbet. Rainbow ice cream cakes and cake rolls will also be available, the latter also sold by the slice.