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Commerce

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WASHINGTON (AP) — The House gave sweeping bipartisan approval Thursday to legislation to modify a new “paycheck protection” program for businesses that have suffered COVID-related losses, giving them more flexibility to use federal subsidies for other costs and extending the lifespan of the program as the economy continues to struggle.

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WASHINGTON (AP) — Roughly 2.1 million people applied for U.S. unemployment benefits last week, a sign that companies are still slashing jobs in the face of a deep recession even as more businesses reopen and rehire some laid-off employees.

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TOKYO (AP) — Japanese automaker Nissan plans to close auto plants in Spain and Indonesia after sinking into the red for the first time in 11 years as the pandemic squashed global demand and disrupted production.

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MISSION, Kan. (AP) — Public pools will look very different this summer if they open at all with the coronavirus threat still looming, as staffers will be tasked with maintaining social distancing and spotting COVID-19 symptoms in addition to their primary duties.

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The longer the crisis drags on, the more the coronavirus could transform development patterns and buyers’ preferences. Here are five ways the pandemic’s legacy could live on even after the public health threat ebbs.

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Setting aside money for an extended period is tough because it requires discipline and the willingness to make sacrifices and to forego unnecessary spending. Here are some tricks.

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