How businesses are adapting to a coronavirus pandemic economy
iStock(NEW YORK) — In just a few weeks, the novel coronavirus outbreak has changed the way thousands of companies operate in an unprecedented manner. As business owners and employees navigate the new normal, here are some of the ways they have adapted to stay operating amid a global pandemic.The COVID-19 outbreak has delivered an indiscriminate…
EPA to limit enforcement of environmental laws during coronavirus emergency, giving companies more flexibility
Skyhobo/iStock(WASHINGTON) — The Environmental Protection Agency will put companies and specific facilities in charge of monitoring their own compliance with environmental laws during the novel coronavirus emergency, according to officials.This move has led critics to accuse the agency of backing off its role to prevent uncontrolled pollution or other violations.EPA argued the change was needed…
Coronavirus economic updates: Markets slip after three-day rally
Sushiman/iStock(NEW YORK) — The coronavirus pandemic has quickly evolved from a health crisis to a financial one, shuttering businesses, upending entire industries and sending financial markets reeling. Here’s the latest news on how the COVID-19 crisis is affecting the economy: IMF chief predicts a ‘quite deep’ recession for 2020Kristalina Georgieva, the managing director of the…
Brands say thank you to health care workers with free shoes, Starbucks and more
HRAUN/iStock(NEW YORK) — A pandemic of the novel coronavirus has now killed more than 24,000 people around the world.With more than 85,000 diagnosed cases, the United States has the highest national total in the world.Medical personnel around the world have been working hard to help those impacted by COVID-19. They are the front line of…
Construction unions call for better safety, health protections during pandemic
flukyfluky/iStock(NEW YORK) — Working in construction during the coronavirus pandemic has split the industry down the middle, according to advocates and health experts.On one hand, buildings, roads and utilities need regular maintenance and upgrades, and millions of blue-collar workers need those jobs to support families, construction union leaders said. At the same time, those close-knit…
Will coronavirus break the Internet? Here’s what the experts say.
Jokic/iStock(NEW YORK) — As the novel coronavirus makes its insidious way around the world, many businesses have mandated that employees whose work does not require their physical presence to work from home — a real-time stress test of America’s internet infrastructure.Experts are seeing traffic surges in both home broadband Internet and, in some instances, cellular…
A third report a job loss, half a pay cut as coronavirus crisis grips the economy
JLGutierrez/iStock(WASHINGTON) — Economic impacts of the coronavirus crisis are gripping the nation: One in three Americans in an ABC News/Washington Post poll say they or an immediate family member have been laid off or lost their job as a result of the pandemic, and more – half – report a cut in pay or work…
Small businesses hit by coronavirus: ‘Shark Tank’ star Barbara Corcoran answers common questions to help
Good Morning America(NEW YORK) — As the novel coronavirus spreads across the country, the financial impact of the pandemic continues to devastate workers and small businesses.A record number of workers — 3.28 million — filed for unemployment claims in the week ending March 21, according to U.S. Department of Labor data released Thursday. Average weekly…
Coronavirus economic updates: 3.28 million unemployment filings shatter 1982 record
glegorly/iStock(NEW YORK) — The coronavirus pandemic has quickly evolved from a health crisis to a financial one, shuttering businesses, upending entire industries and sending financial markets reeling.Here’s the latest news on how the COVID-19 crisis is affecting the economy. For more on financial resources available during the pandemic, click here. Markets continue to rally U.S.…
Coronavirus may have devastated the theater world. Artists are adapting
fergregory/iStock(NEW YORK) — Last Monday, when the governor of Vermont issued an order banning gatherings of 50 or more people, the leadership team at Northern Stage in White River Junction knew what they had to do.They had been planning for this incredibly tough moment as COVID-19 spread across the country.The team called a full company…
How businesses are adapting to a coronavirus pandemic economy
iStock(NEW YORK) — In just a few weeks, the novel coronavirus outbreak has changed the way thousands of companies operate in an unprecedented manner. As business owners and employees navigate the new normal, here are some of the ways they have adapted to stay operating amid a global pandemic.The COVID-19 outbreak has delivered an indiscriminate…
EPA to limit enforcement of environmental laws during coronavirus emergency, giving companies more flexibility
Skyhobo/iStock(WASHINGTON) — The Environmental Protection Agency will put companies and specific facilities in charge of monitoring their own compliance with environmental laws during the novel coronavirus emergency, according to officials.This move has led critics to accuse the agency of backing off its role to prevent uncontrolled pollution or other violations.EPA argued the change was needed…
Coronavirus economic updates: Markets slip after three-day rally
Sushiman/iStock(NEW YORK) — The coronavirus pandemic has quickly evolved from a health crisis to a financial one, shuttering businesses, upending entire industries and sending financial markets reeling. Here’s the latest news on how the COVID-19 crisis is affecting the economy: IMF chief predicts a ‘quite deep’ recession for 2020Kristalina Georgieva, the managing director of the…
Brands say thank you to health care workers with free shoes, Starbucks and more
HRAUN/iStock(NEW YORK) — A pandemic of the novel coronavirus has now killed more than 24,000 people around the world.With more than 85,000 diagnosed cases, the United States has the highest national total in the world.Medical personnel around the world have been working hard to help those impacted by COVID-19. They are the front line of…
Construction unions call for better safety, health protections during pandemic
flukyfluky/iStock(NEW YORK) — Working in construction during the coronavirus pandemic has split the industry down the middle, according to advocates and health experts.On one hand, buildings, roads and utilities need regular maintenance and upgrades, and millions of blue-collar workers need those jobs to support families, construction union leaders said. At the same time, those close-knit…