Business
Houston Unions Demand Paid Leave, Job Protections As Coronavirus Impacts Workers
Posted on · The majority of sectors are seeing layoffs and furloughs.
Business
Business
Houston Service Workers Struggle As Coronavirus Disrupts Bar, Restaurant Service
Posted on · Restaurant closures and limited service due to the coronavirus pandemic have had a huge impact on servers and other service industry workers.
Politics
GOP Leaders Push Back Against ‘Stay Home’ Orders
Posted on · State Sen. Paul Bettencourt argued that the orders, intended to halt the spread of the coronavirus, go too far.
Energy & Environment
Challenges Ahead As Small Energy Companies Feel Impact Of COVID-19 Crisis
Posted on · The economic impact of the coronavirus is being felt across the industry, the price of oil is down, and conferences that provide crucial networking opportunities are being postponed or canceled.
Business
Dow Down 7% As Trump Outlines New Coronavirus Measures
Posted on · The Dow Jones Industrial average plummeted 1,500 points after President Trump announced new emergency steps, including suspending foreclosures and evictions until the end of April.
Business
Vendors Suffer Hit As Coronavirus Cuts Houston Rodeo Short
Posted on · For many, the Houston Livestock and Rodeo is a major source of revenue every year.
Coronavirus
City And County Order Bars Closed, Restaurant Service Limited To Prevent Coronavirus Spread
Posted on · The new rules are in place for at least 15 days.
Coronavirus
As Coronavirus Increases Food Demand, Grocery Chains Say They’re Ready
Posted on · Representatives from grocery chains stressed the food supply chain was intact, and that there was no reason to hoard groceries and supplies.
Business
Dow Plunges 2,700 Points, Trading Halted After Fed Slashes Rates
Posted on · Markets are falling sharply after the Federal Reserve aggressively cut interest rates to near zero. The Dow tumbled more than 2,700 points — nearly 12% — as coronavirus measures expanded.
Business
Dow Soars Nearly 2,000 Points In Rebound From Biggest Drop Since 1987
Posted on · A day after posting its biggest drop since the Black Monday crash of 1987, the Dow jumped as Congress prepared a measure to help cushion the economic blow of the coronavirus.
Business
Dow Plunges 2,300 Points: Stocks In Meltdown As Panic Selling Continues
Posted on · The stock market continued its drop after President Trump announced a 30-day ban on travel from Europe. The Dow opened down 7%, moving deeper into a bear market and trading was halted temporarily.
Business
At Houston’s Port, Fewer Ships From Asia Due To Coronavirus
Posted on · The comments about decreased port activity came after a press conference Tuesday announcing $39 million for the ports of Houston and Corpus Christi.
Business
What Employers Can Do Now That The Coronavirus Is In Houston
Posted on · Relaxed sick leave policies, hygiene and mandatory travel reporting are some things companies should consider.
Business
Houston Could Lose Out On Millions Due To CERAWeek Cancellation
Posted on · The event's organizer, IHS Markit, said it was cancelling similar events in California and Louisiana, which could mean a loss of $50 million in non-recurring revenue combined.
In-Depth
In Houston’s Chinatown, Coronavirus Fears Among Asian Americans Continue To Harm Businesses
Posted on · Restaurants in Chinatown on Houston’s southwest side continue to suffer big losses as customers are shying away.