Coronavirus

Coronaviruses are a group of viruses that cause diseases in mammals, including humans, and birds. In humans, the virus causes respiratory infections which are typically mild but, in rare cases, can be lethal. In cows and pigs they may cause diarrhea, while in chickens it can cause an upper respiratory disease.

Source: en.wikipedia.org

Lyft Lays Off 982 Employees, Furloughs 288, Cuts Exec Pay

Lyft Lays Off 982 Employees, Furloughs 288, Cuts Exec Pay
Lyft Lays Off 982 Employees, Furloughs 288, Cuts Exec Pay
April 29, 2020  |  Ridesharing

Lyft, the San Francisco-based ridesharing company, has laid off 17 percent of its workforce and imposed salary reductions for executives for three months, CNBC reported....

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Kroger Rolls Out Contactless Payment Option With Kroger Pay
Kroger Rolls Out Contactless Payment Option With Kroger Pay
April 29, 2020  |  Payments Innovation

With a new feature that takes away the need to use a debit or credit card, Kroger has rolled out its Kroger Pay contactless payment...

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Q1 Mastercard Earnings: Worldwide Debit, Prepaid GDV Grow 9.5 Pct
Q1 Mastercard Earnings: Worldwide Debit, Prepaid GDV Grow 9.5 Pct
April 29, 2020  |  Earnings

Mastercard posted results that showed a steep falloff in transactions and cross-border volumes, as measured year over year, as the quarter progressed and the coronavirus...

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Mnuchin: All PPP Loan Recipients Will Face Audits
Mnuchin: All PPP Loan Recipients Will Face Audits
April 29, 2020  |  Economy

Businesses that borrow money through the federal Paycheck Protection Program (PPP) can expect to be audited before the loans are forgiven, Treasury Secretary Steven Mnuchin...

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Many US Restaurants Say PPP Loans Don’t Meet Their Needs
Many US Restaurants Say PPP Loans Don’t Meet Their Needs
April 29, 2020  |  Loans

An industry trade group said it’s highly likely that many restaurants will return loans from the U.S. Small Business Association’s (SBA) bailout program, the Financial...

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Deliveroo To Lay Off 15 Pct Of Staff Amid COVID-19
Deliveroo To Lay Off 15 Pct Of Staff Amid COVID-19
April 29, 2020  |  Gig Economy

Deliveroo announced it was laying off 367 employees and furloughing 50 — roughly 15 percent of its staff of over 2,500 — as it battles...

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Amid COVID-19 Disaster, Warren Buffett Talks Up US, World Progress
Amid COVID-19 Disaster, Warren Buffett Talks Up US, World Progress
April 29, 2020  |  Economy

In a wide-ranging interview, world-renowned investor Warren Buffett weighed in on such topics as the coronavirus pandemic, the economic crisis it has created and the...

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Digital Retail Shift Faces Growing Pains
Digital Retail Shift Faces Growing Pains
April 29, 2020  |  Retail

Now that the digital shift is well underway, the attention turns to keeping the momentum going. New developments are focusing on supply chain, government activity...

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