business

The coronavirus has dealt a body blow to U.S. workers. So far, it's women who are paying much of the price.

The Labor Department says more than 700,000 jobs were eliminated in the first wave of pandemic layoffs last month. Nearly 60% of those jobs were held by women.

Alejandra Martinez / WLRN

On this Monday, April 6, episode of Sundial:

Navigating South Florida’s unemployment crisis

The number of Floridians applying for unemployment benefits continues to rise as thousands of people are being laid off in masses due to this coronavirus. 

Courtesy of Feeding South Florida via the Miami Herald

The coronavirus pandemic and the strain this crisis is having on the job market and the nation’s food supply chain is putting a lot of pressure on local food banks. 

Updated at 10:51 a.m. ET

A record 3.28 million Americans filed for unemployment benefits last week as the coronavirus pandemic shut down much of the country. The Labor Department's report for the week ended March 21 was one of the first official indicators of how many people have suddenly been forced out of work nationally.

In the prior report, for the week ended March 14, initial claims totaled 282,000.

At a time when millions of Americans are losing jobs at restaurants, hotels and airlines because of the coronavirus pandemic, a few large companies are on a hiring spree.

That's because despite mass shutdowns and lockdowns, Americans still need food and medicine. And that means a new hiring push at supermarkets such as Kroger and Albertsons, pharmacies like CVS and Walgreens, convenience and discount stores like Dollar General and 7-Eleven, and retail giants like Amazon and Walmart.

Updated at 8:03 p.m. ET

On Monday evening, President Trump stressed what he called the need to reopen America for business even as he said the government also would continue tackling the spiraling coronavirus pandemic.

The White House's team will make an assessment after next week as to how effective social distancing and other mitigation measures have been in stifling the spread of the virus, said Vice President Pence.

Broward And Palm Beach To Close All Non-Essential Businesses To Contain Coronavirus, Governor Says

Mar 20, 2020
Amy Beth Bennett / South Florida Sun Sentinel

Broward and Palm Beach counties soon will shut down all “non-essential” businesses as part of containing the new coronavirus, Florida Gov. Ron DeSantis said Thursday afternoon.

Miami Herald

The “last call” for alcohol in South Beach will come earlier than usual this spring break.

The Miami Beach City Commission voted Wednesday night to roll back the hours that alcohol sales will close in the city’s entertainment district, from 5 a.m. to 3 a.m. after an extensive debate and feedback from small business owners who said the rollback would hurt their employees.

Jet fuel-guzzling Delta Air Lines and fossil fuel-pumping BP are vowing to go carbon neutral.

Updated at 10:30 a.m. ET

The Boy Scouts of America has filed for bankruptcy, a sign of the century-old organization's financial instability as it faces some 300 lawsuits from men who say they were sexually abused as Scouts.

The organization says it will use the Chapter 11 process to create a trust to provide compensation to victims. Scouting programs will continue throughout.

Questions From Pension Agency Might Slow Down McClatchy's Bankruptcy Process

Feb 17, 2020
KEVIN G. HALL / McClatchy

Bankruptcy proceedings for McClatchy Co. began Friday with a key government agency saying it opposed quick resolution of pension matters because of concerns about a 2018 transaction between the company and its largest creditor, Chatham Asset Management.

The Pension Benefit Guaranty Corporation, which takes over pensions in the event of company distress, argued against a request by McClatchy and Chatham to move immediately to mediation. The judge delayed a decision on the mediation request until Tuesday.

Spirit Airlines Is Done Dealing With Hurricanes, So Operations Are Moving Out

Feb 14, 2020
ERIC SALARD / Creative Commons

South Florida residents have grown used to the looming threat of hurricanes crashing into the coast and disrupting their lives for days or weeks. But Spirit Airlines has had enough.

The airline, one of only a handful still operating out of South Florida, is relocating its operations department to somewhere much less likely to get leveled by a hurricane — Tennessee.

News Company McClatchy, Owner Of The Miami Herald, Files For Bankruptcy

Feb 13, 2020
McClatchy

McClatchy Co., owner of the Miami Herald and 29 other newspapers, filed for bankruptcy Thursday, a move that will end family control of America’s second largest local news company and hand it to creditors who have expressed support for independent journalism.

The Chapter 11 filing will allow McClatchy to restructure its debts and, it hopes, shed much of its pension obligations. Under a plan outlined in its filing to a federal bankruptcy court, about 60 percent of its debt would be eliminated as the news organization tries to reposition for a digital future.

The experience of raising money last year bewildered Elizabeth Giorgi at first. Almost always, she pitched her startup company, Soona, to an all-male audience of investors.

"People would assume that my male colleague was the founder and not me," she says. "I would occasionally have people ask me about whether or not I have children or if I was planning on having children anytime soon."

Pedro Portal / Miami Herald

Miami-Dade is getting wealthier.

But as the cost of goods and services here rises alongside incomes, some residents may be getting pushed out.

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