Unemployment benefit claims dip as job market stays steady
The Labor Department reports weekly unemployment claims fell by 10,000 to 245,000, with the four week average rising to 242,000. Nearly 1.92 million people were on unemployment checks, down about 10 percent from a year earlier. Nissan pledges automatic emergency braking as standard on most 2018 models and aims for 90 percent of its lineup in two years, following Toyota’s pace toward broad adoption.
MENTIONED IN THIS ARTICLE
U.S
Labor Department
Nissan
Toyota
Heritage Oaks Adult Home Barred From New Residents
Alyssa Pressler reports the state health department barred Heritage Oaks Adult Home on South Marietta Street from accepting new residents after a March compliance check and a 135 page report detailing health and safety violations. Six complaints from December to March, including improper medication and sanitation issues, prompted the action. Cobey Culton of DHHS noted the department received six complaints and cited staff mistreatment concerns observed by a former maintenance worker’s mother.
MENTIONED IN THIS ARTICLE
State Department of Health and Human Services
South Marietta Street
Cobey Culton
Department of Health and Human Services
Heritage Oaks
Richard Bosquez III
Bosquez
Heritage Oaks face 90 to 180 days to fix cited issues
A March 135 page Department of Health and Human Services report cited mold in walls and bathrooms leaking plumbing and medication theft at Heritage Oaks in Gastonia. It noted a 7 percent medication error rate, staff denial of violations, and a provisional license process with possible revocation if problems are not remedied. The facility has a one star rating and has not improved beyond three stars since 2009.
MENTIONED IN THIS ARTICLE
Sie
Bosquez
Department of Health and Human Services
Heritage Oaks
S. Marietta St
Gastonia
Department of Health Services
State Department of Human and Health Services
Inflation worries sustain ECB stimulus outlook
European Central Bank hesitates to change policy as inflation lingers and slack remains, keeping bond purchases at 60 billion euros monthly. The stance signals risks of higher borrowing costs for indebted governments and slower wage growth amid a tentative euro area recovery.
Nordstrom Stock Drops Amid Online Retail Threats
Nordstrom shares slid about a third since December as it confronts Amazon and other online rivals. The company warned of flat or weak first quarter sales at established stores, with a 0.8 percent drop. The stock rose 10.3 percent to 44.63 dollars on Thursday.
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Macy's
J.C. Penney
Nordstrom
Amazon.com
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