Bloomberg News – Page 13

A sign for biotechnology company Biogen, Inc. is seen on a building in Cambridge, Massachusetts.

Despite ‘Right to Try’ law, experimental drugs still often elude patients: ‘I just want a fighting chance’

April 7, 2021 at 11:12 a.m.

Lisa Stockman-Mauriello is dying. She has one last ambition: to live long enough to see her three sons graduate this year — from middle school, high school and college. She...

A hiring sign is posted April 2, 2021, outside a Home Depot store in Mount Prospect. America's employers unleashed a burst of hiring in March, adding 916,000 jobs in a sign that a sustained recovery from the pandemic recession is taking hold as vaccinations accelerate, stimulus checks flow through the economy and businesses increasingly reopen.

Here comes the boom: US jobs come roaring back, surprising employers and economists

April 7, 2021 at 8:06 a.m.

A resurgent job market is creating more opportunities at a faster clip than many economists and employers expected. What's more, too few people are applying for positions that are reopening,...

Former President Donald Trump before departing the White House on January 20, 2021.

Trump puts off presidential library plans, keeping options open for 2024 run

April 6, 2021 at 10:09 a.m.

Donald Trump is spending his first months as an ex-president trying to ensure that he's remembered the way he wants — but he's holding off on plans to establish a...

1986 | In 1986, $3.35 an hour was the equivalent of $8.04 today.

Black workers being left behind as economy recovers from pandemic

April 6, 2021 at 8:54 a.m.

The labor market is recovering, but not as strongly for Black workers. The unemployment rate for Black Americans improved slightly last month, but at 9.6% is still higher than all...

Chicago Children’s Hospital joins coalition to ensure supplies of drugs that often run short

April 6, 2021 at 9:22 a.m.

In Washington, just 4 miles from the U.S. Capitol, a children's hospital is forced at times to call up nearby medical centers to see if they can spare the therapies...

Microsoft to make high-tech goggles for US Army in $22 billion deal

April 1, 2021 at 9:08 a.m.

Microsoft Corp.'s multibillion-dollar deal to build customized versions of its HoloLens goggles for the U.S. Army is moving forward, one year after the Senate considered freezing half the contract. The...

President Joe Biden plans to allow a pandemic-related ban on visas for certain temporary workers, enacted by former President Donald Trump, to expire Wednesday, according to people familiar with the matter.

Biden to let Trump’s H1-B visa ban expire in win for tech companies

March 11, 2024 at 1:43 p.m.

WASHINGTON — President Joe Biden plans to allow a pandemic-related ban on visas for certain temporary workers, enacted by former President Donald Trump, to expire Wednesday, according to people familiar...

Flanked by Vice President Kamala Harris, left, and Administrator of the Small Business Administration Isabella Casillas Guzman, right, U.S. President Joe Biden signs the Paycheck Protection Program extension in the Oval Office of the White House on March 30, 2021 in Washington, DC.

Biden extends PPP loan application deadline for small businesses to May 31

March 31, 2021 at 1:48 p.m.

WASHINGTON — President Joe Biden on Tuesday signed legislation extending the period small businesses have to apply for forgivable loans to help offset costs of the coronavirus pandemic, hailing it...

In this file photo, a pedestrian walks past a Wells Fargo bank in downtown Los Angeles on Feb. 5, 2018.

Wells Fargo plans for return to office ‘soon after Labor Day’

March 31, 2021 at 8:04 a.m.

Wells Fargo & Co., the U.S. bank with the largest workforce, is making plans to bring its employees back into offices in September. The company, which has about 200,000 employees...

Allstate Corp. struck another deal to sell part of a life-insurance business and warned investors that the divestitures will result in a roughly $4 billion net loss in the first quarter.

Allstate to take $4 billion net loss this quarter on life sales

March 29, 2021 at 2:48 p.m.

Allstate Corp. struck another deal to sell part of a life-insurance business and warned investors that the divestitures will result in a roughly $4 billion net loss in the first...

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