Business News

Stay Home or Work Sick? Omicron Poses a Conundrum

Published by Nikki Palmer on Wed, 01/12/2022 - 4:00am

As the raging omicron variant of COVID-19 infects workers across the nation, millions of those whose jobs don’t provide paid sick days are having to choose between their health and their paycheck.

Companies Mum as Vaccine Mandate Pending Before Court

Published by Nikki Palmer on Wed, 01/12/2022 - 3:00am

Companies that would be affected by a Biden administration vaccine-or-testing requirement for workers have largely remained on the sidelines while the Supreme Court considers whether the rule can be enforced.

Survey: Regional Economy Growing

Published by Nikki Palmer on Thu, 01/06/2022 - 12:00am

Business leaders in nine Midwest and Plains states indicated in a monthly survey that the region’s economy continued to improve going into the new year, with confidence in the economy over the next six months soaring, according to 2021’s final report.

A New Economy: Supply Shortages, Emboldened Workers

Published by Nikki Palmer on Thu, 12/30/2021 - 3:00am
llen Yonghoon Kim, a savory sous chef, works in the kitchen at Gotham restaurant on Tuesday, Dec. 14, 2021, in New York. (AP)

Employees at a fast-food restaurant in Sacramento, California, exasperated over working in stifling heat for low wages, demanded more pay and an air conditioner — and got both.

Customer orders poured into an Italian auto supplier, which struggled to get hold of enough supplies of everything from plastic to microchips to meet the demand.

Economists and Business Leaders: Nebraska’s 2021 Economy Stable

Published by Nikki Palmer on Thu, 12/30/2021 - 12:00am

Nebraska’s economy fared better than in most of the U.S. this year amid inflation, labor shortages, rising wages and supply chain struggles, economists and business leaders say.

The state’s economy in 2021 was stable despite high-profile challenges, The Omaha World-Herald reported.

Stocks Soar, IPOs Explode, Crypto Goes Wild in 2022

Published by Nikki Palmer on Wed, 12/29/2021 - 5:00am
A sign for Wall Street hangs in front of the New York Stock Exchange, July 8, 2021. (AP)

Wall Street delivered another strong year for investors in 2021, as a resurgence in consumer demand fueled by the reopening of the global economy pumped up corporate profits.

As of Dec. 22, the S&P 500 had risen 25%, its third-straight annual increase. Along the way, the benchmark index set 67 all-time highs.

Founder of Werner Fined Over Filings

Published by Nikki Palmer on Tue, 12/28/2021 - 4:00am

The founder of a Nebraska trucking firm has agreed to pay a $486,900 fine to the federal government for purchasing large amounts of his company’s stock as a director without properly reporting it.

Omicron Casts New Shadow Over Economic Recovery

Published by Nikki Palmer on Fri, 12/24/2021 - 5:00am

Just as Americans and Europeans were eagerly awaiting their most normal holiday season in a couple of years, the omicron variant has unleashed a fresh round of fear and uncertainty — for travelers, shoppers, party-goers and their economies as a whole.

Restaurants Anxious as Omicron, High Food Costs Take Toll

Published by Nikki Palmer on Fri, 12/24/2021 - 4:00am

While restaurants in the U.S. and United Kingdom are open without restrictions and often bustling, they are entering their second winter of the coronavirus pandemic anxious about what’s ahead: They’re squeezed by labor shortages and skyrocketing food costs and the omicron variant is looming.

Bankers Say Rural Economy Remains Strong in 10 States

Published by Nikki Palmer on Wed, 12/22/2021 - 12:00am

The economy remains strong in rural parts of 10 Plains and Western states, but some of the bankers surveyed this month said they are worried about how inflation will affect farmers.

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