Economy

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...

Economy
Alphabet’s Verily Introduces Pilot Website For Coronavirus Screening Info
March 16, 2020

An online portal to help people determine if they need to be tested for the coronavirus was developed on Monday (March 16) as a pilot in San Francisco by Verily, a sibling of Google and parent Alphabet. Get the Full Story Complete the form to...

Economy
MGM And Wynn Shutter Casinos For A Limited Time Due To Coronavirus
March 16, 2020

Due to the ongoing coronavirus pandemic, MGM Resorts International’s and Wynn Resorts Ltd.’s casinos will be taken out of operation. The eight Las Vegas strip resorts of MGM Resorts will be shuttered “until further notice,” while the Encore and Wynn casinos of Wynn Resorts will...

Economy
What 2K Consumers Told PYMNTS About How COVID-19 Changed Their Daily Lives
March 16, 2020

On March 6, at the end of the first week that the coronavirus roiled markets and rocked the U.S., PYMNTS asked 2,128 U.S. consumers to tell us about its impact on how they work, travel, eat, shop and play. Karen Webster said their responses across...