Brookdale Senior Living Inc., the nation's largest senior living operator, is actively recruiting to fill more than 4,500 jobs.
The Brentwood, Tennessee-based chain of 743 senior living communities, including Brookdale in Hixson, is hiring for Registered Nurses (RNs), Licensed Practical Nurse (LPNs), Certified Nurses Assistants (CNAs), and Caregivers, Housekeeping, Dining, Maintenance and many other roles, including the new role of "Room Service Attendant."
"While these positions may initially be seen as a temporary solution by individuals, our hope is that these new associates will find purpose and meaning in a career with Brookdale, and awareness that this is a great opportunity to be a part of something bigger than themselves," said Lucy Leeming, senior vice president of Talent Management at Brookdale Senior Living.
Darden restaurants cuts staff as sales drop
Darden Restaurants, the parent company of Olive Garden, LongHorn Steakhouse and other restaurant brands, said they have kept 99% of its 1,800 restaurants open for at least drive-thru or delivery services during the coronavirus crisis. But in a business update this week, the company said same-store sales in the past six weeks are down 39.%.
To reduce costs amid the coronavirus pandemic, most of the Darden brand restaurants say they have cut at least 75% of their employees and the company said this week it is furloughing 20% of its corporate staff and reducing salaries for roughly 800 remaining employees, including a 50% pay cut for top executives.
Olive Garden has doubled and LongHorn Steakhouse has tripled their off-premise sales during the first six weeks of the fourth quarter ending April 5. But despite the uptick in delivery and carryout sales for the company's biggest chains, Darden reported a 39.1% drop in same-store sales for the partial six-week quarter.
Chrysler recall hits 365,000 vehicles
Fiat Chrysler is recalling more than 365,000 vehicles mainly in North America because the rear view camera image can stay illuminated longer than allowed.
The recall covers certain Ram pickups and Chrysler Pacifica, Dodge Durango, Jeep Grand Cherokee, Jeep Wrangler, and Jeep Renegade vans and SUVs from the 2019 and 2020 model years. Also included are certain 2020 Jeep Gladiator and Cherokee SUVs, and 2019 Dodge Challenger muscle cars. All have 8.4-inch or 12-inch radio displays.
The displays can stay illuminated for more than 10 seconds after the vehicles are shifted out of reverse gear. This can distract drivers. Fiat Chrysler says no crashes or injuries have been reported.
Owners will be notified starting May 22. Dealers will update the software or it could be done online.
Fed lifts lending limit for Wells Fargo Bank
The Federal Reserve said on Wednesday it had temporarily lifted a growth restriction it had imposed on Wells Fargo in the wake of the bank's fake account scandal in another effort to expand small business owners' access to emergency loans.
The Fed said in an announcement that the move was a response to "extraordinary disruptions from the coronavirus," which has cause a widespread economic shutdown and resulted in the loss of millions of jobs. The federal government is trying to keep small businesses afloat through the $349 billion Paycheck Protection Program, which provides forgivable loans they can use to pay their employees, rent and mortgages.
Wells Fargo, which is the country's fourth-largest bank, said on Sunday its balance sheet had reached a $1.95 trillion limit that prevented it from making more loans. That limit was imposed two years ago and was meant to be in place until the banks leaders could demonstrate that it was being run in a way that no longer put its customers at risk.
The bank has not yet made the necessary changes, according to regulators, but reaching the limit meant it could not participate fully in the program.
Wells Fargo's small business banking operation accounts for 20% of the U.S. market. But the growth cap limited lending to a volume of just $10 billion, well under the volume of business it was capable of doing.