Fed’s Bullard: Coronavirus shutdown not a recession but an investment in survival
In normal times massive unemployment and a collapse in economic output would be tragic.
Read MoreAuthor: Reuters
Airlines appear to come up short in bid to win cash grants in rescue package
Posted by Reuters | Mar 21, 2020 | World News |
A last-ditch effort by the chief executives of major U.S. airlines to try to win cash grants to weather the coronavirus crisis looked to be unsuccessful, four congressional aides and airline officials said late...
Read MoreAmazon raises overtime pay for warehouse workers
Posted by Reuters | Mar 21, 2020 | World News |
Amazon.com Inc said on Saturday it is raising overtime pay for associates working in its U.S. warehouses as the world’s largest online retailer tries to meet the rapidly growing demand for online shopping from consumers...
Read MoreMusk, Medtronic discuss ventilators amid coronavirus outbreak
Posted by Reuters | Mar 21, 2020 | World News |
As the United States is combating a shortage of ventilators and respirators amid the coronavirus outbreak, Tesla Chief Executive Officer Elon Musk said he has had a discussion about ventilators with medical device maker...
Read MoreNHS could be overwhelmed like Italy, Johnson warns on coronavirus
Posted by Reuters | Mar 21, 2020 | domesticNews, Reuters: UK |
Britain’s National Health Service (NHS) could be “overwhelmed” by the coronavirus like the Italian health system in just two weeks, Prime Minister Boris Johnson has...
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