Omicron danger seen ‘as shorter term’ by business leaders: Commerce Secretary

Omicron, the most up-to-date variant of COVID-19, has hit selected sectors of the financial system tricky, resulting in labor shortages and child care concerns and making some People wary once again of eating out.

But in a new interview with Yahoo Finance this 7 days, Commerce Secretary Gina Raimondo provided hopeful information from business leaders she’s spoken with not too long ago amid all of this uncertainty.

“They see [the problem] as limited term,” said Raimondo, who sat down in Washington, DC for an forthcoming episode of Influencers with Andy Serwer. “Folks are beginning to say, ‘It feels like we

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‘Not considerably more we can do’ as Omicron, winter season bite

U.S. places to eat hoping to continue to be afloat all through the pandemic have witnessed a “massive slow down” in dining as the Omicron variant and chilly temperatures cause yet another wave of disruption for the hospitality business.

“We are remaining compelled into scenarios in which we don’t have adequate team to open the restaurants, we’re looking at a slowdown,” Gabe Stulman, founder and CEO of Content Cooking Hospitality, a restaurant team in New York, informed Yahoo Finance Reside on Friday.

Citing a litany of factors relevant to surging Omicron infections of COVID-19, Stulman extra that “we’re seeing diners

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‘Upside down again’: Omicron surge roils U.S. smaller companies

LUBBOCK, Texas, Jan 16 (Reuters) – Phillip Howard pointed towards a stack of black ski trousers piled atop a counter in his winter sports activities shop as evidence of the hurdles compact enterprise house owners even now encounter as the pandemic drags on.

The trousers were supposed to get there by August at Troy’s Ski Lubbock store in west Texas – very well ahead of his five-thirty day period very hot season of promoting that kicks off in Oct. Alternatively, they came from China the initially 7 days of January, delayed by supply-chain failures.

“Late-arriving item definitely kills us,” Howard

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