Denver Post: Business

Colorado’s Rent Strike and Eviction Defense movement is about to enter a new phase as tenants who didn’t pay their April rent face off with landlords who are demanding payment.More | Talk | Read It Later | Share

The blistering pace of new unemployment filings in the U.S. continued last week when another 6.6 million people applied for financial support, according to numbers released Thursday morning by the U.S.More | Talk | Read It Later | Share

Facing pressure from Weld County health officials and the death of an employee who was infected with the novel coronavirus, JBS USA executives said this week they’re confident the meat packing plant in Greeley is safe and that appropriate precautions have been taken to protect workers from infection.

Vail Resorts informed the state this week that it has furloughed nearly 2,000 workers at its various ski resorts, lodges and hotels, equipment rental stores and shuttle service.
The notices, 13 in total, were emailed to the Colorado Department of Labor under the Worker Adjustment and Retraining Notification Act, and follow earlier announcements by the company that it would let workers go in response to widespread closures related to the outbreak of the novel coronavirus.

For five days, Steven Marks, who runs a counseling practice, has waited anxiously to apply for a loan under the new federal Paycheck Protection Program. Vectra Bank Colorado, his commercial bank, still hadn’t opened its online loan application site as other banks pumped out billions of dollars in emergency loans.More | Talk | Read It Later | Share

Gov. Jared Polis took a hopeful, if cautious, look forward Tuesday night at a world in which COVID-19 is no longer a raging force that is occupying the minds and psyches of almost everyone in Colorado.

The country’s commercial truck drivers are keeping shipments rolling to grocery stores during the coronavirus pandemic to make sure people have food. With restaurants cutting back service, who’s making sure truck drivers have places to eat out on the road?More | Talk | Read It Later | Share

After consecutive weeks of record-setting unemployment claims in Colorado and the nation as a whole, the first rent and mortgage due dates of the coronavirus pandemic and economic crisis came and went last week.

By Kate Conger and Erin Griffith, The New York Times
For more than a week, Linda Quinn, 81, has isolated herself inside her Bellevue, Washington, home to keep away from the coronavirus.More | Talk | Read It Later | Share

If you are retired and need to live off distributions from your portfolio, this is a particularly challenging time. The rule of thumb advice to just “wait out bad markets” doesn’t work that well when you need money every month from your portfolio.More | Talk | Read It Later | Share