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

Retail Brands Abandon Clothing Orders Amid Drop In Demand

Retail Brands Abandon Clothing Orders Amid Drop In Demand
Retail Brands Abandon Clothing Orders Amid Drop In Demand
March 25, 2020  |  Retail

Retailers are halting and calling off attire orders as Western shoppers remain in their residences and shops close because of the coronavirus pandemic. The move...

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US Gov Reaches Historic $2T Deal On Coronavirus Stimulus Bill
US Gov Reaches Historic $2T Deal On Coronavirus Stimulus Bill
March 25, 2020  |  Coronavirus

Leaders in Washington reached an agreement Wednesday morning (March 25) on a $2 trillion bill to rescue the economy, the largest economic stimulus package in...

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India’s Quarantine Prompts Walmart’s Flipkart To Halt Operations
India’s Quarantine Prompts Walmart’s Flipkart To Halt Operations
March 25, 2020  |  Coronavirus

Walmart’s Flipkart has stopped all services in India as the government orders people to stay inside for at least three weeks due to the coronavirus,...

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Facebook Traffic Up 50 Pct, But Not Ad Revenue
Facebook Traffic Up 50 Pct, But Not Ad Revenue
March 25, 2020  |  Facebook

The coronavirus has ended up a boon for social media giant Facebook, which saw a 50 percent spike in usage as the virus ate its...

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Big Businesses Tap $124B From Credit Lines To Stay Afloat
Big Businesses Tap $124B From Credit Lines To Stay Afloat
March 25, 2020  |  Coronavirus

Over 130 businesses across Europe, North America and South America have drawn cash from at least $124.1 billion in credit lines to stay afloat during the...

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Fed Looks To Small Banks To Bail Out SMBs
Fed Looks To Small Banks To Bail Out SMBs
March 25, 2020  |  Coronavirus

The Federal Reserve is looking toward a time-worn source to help with bailing out many smaller businesses and individuals as they enlist smaller regional and...

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Discounts Kickstart Economy As China Reopens, Urging People To Spend
Discounts Kickstart Economy As China Reopens, Urging People To Spend
March 25, 2020  |  Coronavirus

Businesses are offering steep discounts to encourage people to spend as China starts to reopen for business following the coronavirus pandemic that put the country...

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Helping FIs Maximize Card Portfolio Returns In Volatile Times
Helping FIs Maximize Card Portfolio Returns In Volatile Times
March 25, 2020  |  Banking

Consumers are navigating the vagaries of a brave new world dominated by the coronavirus. Cardholders’ behavior may shift on a dime. That means card portfolios can...

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COVID-19 And The (Legal) Ripple Effects Of ‘Force Majeure’
COVID-19 And The (Legal) Ripple Effects Of ‘Force Majeure’
March 25, 2020  |  Coronavirus

The rise, and spread, of COVID-19 has had a global impact, where the human toll has been significant, the economic cost unquantifiable and at this...

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