To support the creation of a vaccine for the novel coronavirus, Bill Gates’ foundation will dedicate billions to back the building of manufacturing facilities. The Bill and Melinda Gates Foundation will collaborate with seven potential vaccine makers to create the structures, The Wall Street Journal...
Eurozone leaders are negotiating a deal that could deliver a half trillion euros in economic aid to help European Union countries recover from the coronavirus pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The global coronavirus pandemic has cast a dark cloud over Finland’s economy, as the central bank predicts the worst recession in over 100 years, according to a Bloomberg report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Before the COVID-19 pandemic, the standard narrative goes, the U.S. economy was running full steam ahead, with record employment levels, wages on the rise and a stock market so dominant that not one but four different companies managed to cross the $1 trillion market cap...
Some employers are breathing a sigh of relief, noting that their laid-off workers are much better off financially amid the economic dive of the COVID-19 pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Restaurant loyalty firm Paytronix was key in helping Zukku Sushi adapt to using a ghost kitchen and keep its three locations humming with takeout and delivery orders during the COVID-19 pandemic, the company said in a blog post on Tuesday (April 7). Get the Full...
The head of the U.S. Securities and Exchange Commission (SEC) said companies seeking federal bailouts from the economic havoc wreaked by the coronavirus crisis should tell investors where they stand. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Recent surveys and data points show that the sanguine outlook held by small and medium-sized businesses (SMBs) coming into 2020 — underpinned by rising revenues, growing demand and a strong economic backdrop — has evaporated in the wake of the coronavirus. Get the Full Story...
The 1918 Influenza pandemic. The Great Depression. World War II. The 9/11 attacks. The HIV epidemic of the 1980s and 1990s. Such events demarcate and define entire eras in U.S. and world history. Now, add to that list of infamous chapters the COVID-19 pandemic. Get...
