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Covid-19 pandemic

Success of the ski season may turn on the omicron variant

by Savannah Maher
Dec 3, 2021
The ski industry is facing a labor shortage as it starts to navigate its third pandemic season.
Signage requiring face coverings is displayed at a ski resort in Alberta, Canada on Nov. 28.
Patrick T. Fallon/AFP via Getty Images
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Workplace Culture

Omicron worries could keep some workers out of labor force

by Meghan McCarty Carino
Dec 2, 2021
There are signs that health concerns, particularly for older Americans, are decreasing interest in being employed or “unretiring.”
Workers over 65 were the fastest-growing segment of the labor force pre-COVID but have retired at an accelerated pace over the last two years.
alvarez via Getty Images
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COVID-19

How omicron may affect China's ports, a key to the global supply chain

by Amanda Peacher
Dec 2, 2021
China's no-tolerance COVID-19 protocols may keep the variant at bay but may slow down shipping again.
If the omicron variant were to cause port shutdowns, they would likely coincide with Lunar New Year closures. Above, workers at a container port in Wuhan, China.
Getty Images
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COVID-19

Omicron's impact on inflation and supply chains is uncertain

by Mitchell Hartman
Dec 1, 2021
Fed Chair Jerome Powell says policymakers are monitoring the impact of the variant and are ready to act to address high inflation.
It might be too early to tell how exactly the new variant will impact global supply chains. Above, a trader works on the floor of the New York Stock Exchange on Nov. 29.
Spencer Platt via Getty Images
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"Digital-first mentality" will accelerate for shoppers and sellers, Visa CEO says

by Kai Ryssdal and Daisy Palacios
Dec 1, 2021
Despite the omicron variant, "the recovery we're in has an awful lot of momentum," says Visa chief Al Kelly.
Visa has launched its own buy now, pay later service called Visa Installments. CEO Al Kelly advises small businesses to create effective websites and be adaptable.
Arturo Holmes/Getty Images for NYFW: The Shows
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The super-fast delivery market is booming

by Victoria Craig
Nov 26, 2021
Rather than waiting a day or two for an online order, ultra-fast delivery apps are promising orders can be delivered in as little as 10 minutes.
Getir employees prepare online grocery orders for delivery at a store warehouse in Istanbul in October 2021.
Chris McGrath via Getty Images
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COVID-19

Zoom is part of the business model for some pandemic-era entrepreneurs

by Caroline Champlin
Nov 23, 2021
Zoom's earnings beat expectations, though some businesses are trying to move away from the platform. Others rely on it.
Some online cocktail companies have thrived on Zoom during the pandemic. Above, a woman enjoys a virtual happy hour in April 2020.
Olivier Douliery/AFP via Getty Images
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When studios delay films, that comes with a price tag

by Kai Ryssdal and Sean McHenry
Nov 19, 2021
Between multiple waves of promotions and interest on financing, some films may be able to recoup the cost of delays.
"['No Time to Die' is] the third highest-grossing Bond film in history. And yet, it doesn’t seem like it’s going to reach profitability," says Chris Lee of Vulture.
Mladen Antonov /AFP via Getty Images
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Americans didn't move nearly as much as you may've thought during the pandemic

by Amanda Peacher
Nov 18, 2021
What happened wasn't migration, it was mobility.
New Census data show surprisingly low relocation rates over the pandemic. Above, a mover places boxes in a moving truck in New York City.
Michael M. Santiago via Getty Images
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New OSHA vaccination guidelines for large employers: Who pays what?

by Meghan McCarty Carino
Nov 5, 2021
Costs include time off for workers to get shots, and the cost of testing for those who don't want to get vaccinated.
Pedestrians wearing face masks walk past a sign posting COVID-19 requirements in front of a store in Hollywood, California, on Nov. 2.
Frederic J. Brown/AFP via Getty Images
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