Business and Economic News

Biden, Yellen say GOP virus aid too small, Democrats push on
President Joe Biden panned a Republican alternative to his $1.9 trillion COVID rescue plan as insufficient as Senate Democrats pushed ahead, voting to launch a process that could approve his sweeping rescue package on their own, if Republicans refuse to support it.
Corporations nudge farmers to help the environment
Cargill and General Mills are offering incentives to farmers who adopt the principles of regenerative agriculture. It's a set of farming practices that make growing food more environmentally friendly. And as interest grows, so does the debate over how to define and measure the new system.
Jeff Bezos, Amazon's founder, will step down as CEO
Amazon said Tuesday that Jeff Bezos is stepping down as CEO later this year, a role he’s had since he founded the company nearly 30 years ago.
How poverty makes workers less productive
A new study adds to the growing mountain of evidence that says that poverty impairs people's ability to think.
Meatpacking companies, OSHA face investigation over coronavirus in plants
The House Select Subcommittee on the Coronavirus Crisis is seeking documents from the Occupational Safety and Health Administration, as well as three of the country's largest meatpacking companies.
What does poverty look like in 2021?
Americans struggle in a pandemic year marked by economic hardship.
10 Senate Republicans outline $600B counteroffer, will meet with Biden Monday
The senators are asking to work with President Joe Biden on a coronavirus relief package that they believe could be approved "quickly by Congress with bipartisan support." Biden has proposed a $1.9 trillion measure.
Promising COVID-19 vaccine news has some itching to travel again
"People are tired of being at home," one travel advisor says as an industry decimated by the pandemic begins to see small signs that a recovery might be on the way.
CDC issues sweeping new mask mandate for public transit in U.S., extends eviction moratorium
The new travel order will require passengers to wear face coverings on nearly all forms of public transportation, including airplanes, ships, ferries, trains, subways, buses, taxis and ride-shares.