Economy

Economy
Amazon To Hire 100K Workers To Handle Demand Spike
March 16, 2020

Amazon said it is looking to add 100,000 jobs during the coronavirus scare as demand for delivery services continues to increase across the nation, according to a blog post from the company. Get the Full Story Complete the form to unlock this article and enjoy...

Economy
Romney Calls For Cash Stimulus To Ease Financial Pressure From Coronavirus
March 16, 2020

To help reduce the financial pressure of the COVID-19 pandemic, U.S. Senator Mitt Romney is advocating for the idea of providing each adult in the U.S. with $1,000. The idea surfaced as Congress and the White House are working to reach a deal on stimulus...

Economy
Ford, Goldman Let Customers Skip March Loans, Credit Payments
March 16, 2020

Goldman Sachs has announced that customers of Marcus, its online bank, as well as Apple Card customers can have an additional month to make payments due to the coronavirus outbreak and the potential disruption to income, according to Reuters. Get the Full Story Complete the...

Economy
Kenya Prioritizes M-Pesa Digital Money During Coronavirus Scare
March 16, 2020

Safaricom, the largest telecom company in Kenya, said that it was going to waive fees for M-Pesa, the country’s largest digital money service, to help with the spread of the coronavirus in the country, according to a report by TechCrunch. Get the Full Story Complete...

Economy
Coronavirus Testing Platform Verily Halts Appointments
March 16, 2020

After reaching its full volume on its inaugural day, an Alphabet-run site to screen individuals for the coronavirus is no longer taking appointments. The Verily healthcare unit made the site available on Sunday (March 15) in collaboration with American government officials, Bloomberg reported. Get the...

Economy
Uber Pledges Free Food Delivered To Medical Providers
March 16, 2020

Uber is pledging to deliver free meals to first responders and healthcare workers on the front line of the coronavirus pandemic across the U.S. and Canada. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Economy
US Airlines Ask For Up To $50B In Financial Assistance
March 16, 2020

As carriers face the impacts of plummeting bookings, airlines in the United States are reportedly in discussions with the government to receive up to $50 billion in aid. The help could encompass cash grants, loans backed by the government or other measures, with the inclusion...

Economy
Uber To Provide Compensation For Drivers Affected By Coronavirus
March 16, 2020

Uber has announced that it is going to provide compensation for drivers directly affected by the coronavirus, which would include a diagnosis or being in an area of quarantine, the company said in a blog post. Get the Full Story Complete the form to unlock...

Economy
Coronavirus: Starbucks Moves To Takeout In US, Canada; Europe To Speed COVID-19 Innovation Funding
March 16, 2020

The coronavirus could have far-reaching effects on coffee shops, retail stores and restaurants. Here are the latest updates on the coronavirus around the world. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...