Shutdowns have long been immaterial for the stock and bond markets, but there’s a risk now that a political confrontation could derail the economy.
Category: Shutdowns (Institutional)
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Jaguar Land Rover Says Cyberattack Will Halt Production Through Oct. 1
The company shut down production in early September to contain the breach. It had previously said it planned to resume operations on Sept. 24.
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California’s High Gas Prices Could Climb Further as Refineries Close
The state has led the country in adopting electric cars and reducing gas use, but it now faces much higher gas prices as oil companies plan to shut down refineries.
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In High-Profile Closings, Los Angeles Restaurateurs See Trouble
The city’s turmoil, from wildfires to curfews, has exacted a toll on some of its best-loved restaurants and raised worries about the future.
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Why Three Wealthy Bidders Are Fighting for What’s Left of Hudson’s Bay
Months after the shutdown of the 355-year-old Hudson’s Bay Company, the legal action it created continues apace.
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Prestige Podcast Company Pineapple Street Studios Shuts Down
The studio was a model podcast startup of the 2010s. But Audacy, its owner, has struggled to turn a profit.
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Trump Says He Wants to Fund More Trade Schools. Just Not These.
The Job Corps program has long been the subject of debate, but it is now also a point of contention in the administration’s efforts to pull back the social safety net.
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Under Trump, the Small Business Administration Clamps Down
At the Small Business Administration, deep staffing cuts and stricter loan terms are making it harder for entrepreneurs to get access to capital, contracts and technical assistance.
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Duffy Blamed Biden for Air Traffic Woes. It’s a Decades-Old Problem.
The federal government has taken a reactive approach to aviation policy, often leading to delays in modernization efforts and inadequate staffing and funding.
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Trump Wants to Reverse Coal’s Long Decline. It Won’t be Easy.
Coal has been displaced by cheap and plentiful natural gas and the rapid growth of wind and solar energy — forces that President Trump will struggle to do away with.
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Pizza Hut, Chili’s, Olive Garden: The Death of the Middle-Class Restaurant
The boom in American sit-down chains has come and gone. What replaced them isn’t so great for human connection.