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The rapid spread of the coronavirus since it was first reported in China has dealt an unprecedented shock to the global economy. Following are business developments Monday related to the outbreak as governments attempt to stabilize their economies, companies struggle to cope and millions of people face job losses and disruptions in supplies of goods …
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We all also know the famous pathologist/coroner Dr. Michael Baden. His take: “X-rays show corona’s like the SARS, Severe Acute Respiratory Syndrome, we had in 2002. Like flu. Like sore throat. SARS was upper respiratory. Corona goes to the lower respiratory. Deeper in the lung becomes pneumonia. Double pneumonia means right and left lung. “Doctors …
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Some US banks on Monday offered employees one-time bonuses to help ease the financial burden of the coronavirus pandemic and as a reward for working through the crisis. Banks have largely been excluded from government-mandated shutdowns across the country because they are considered an essential industry by the federal government, meaning most bank branches, call …
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Senator Doug Jones on Capitol Hill in Washington, D.C., July 16, 2019. Senator Doug Jones (D., Ala.) on Monday afternoon broke with fellow Democrats to vote in favor of a fast-tracking an economic stimulus bill aimed at offsetting the effects of the Wuhan coronavirus pandemic. Jones had voted against cloture on Sunday, and was the …
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The Strand Bookstore, New York’s landmark East Village bookseller, has laid off the bulk of its staff after having to shut its doors due to the coronavirus pandemic, the store’s owner announced Monday. “In order to preserve The Strand as a business, with no revenue coming in and no clear idea as to when we …
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Gwyneth Paltrow is offering her Instagram followers some advice while they self-quarantine. The Goop founder recommends that everyone transform enforced isolation into an opportunity to “write a book, learn an instrument or a language or learn to code online, draw or paint.” Paltrow, 47, shared a photo of herself wearing gloves and a mask after …
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Armie Hammer braved the outdoors to recite some poetry. The “Call Me by Your Name” actor, 33, went to Central Park “weeks ago,” we’re told, to recite poet Wendy Cope’s “Valentine.” The result, which was posted Monday, is a bright spot during the ongoing coronavirus quarantine that has shutdown New York City. “Here he is, …
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Boeing said on Monday it will halt production temporarily at its Washington state twin-aisle jetliner factory due to risks from coronavirus, confirming an earlier Reuters report. Following a similar move by European rival Airbus, Boeing said a temporary operations shutdown at its facilities across Seattle’s Puget Sound region will last 14 days beginning March 25. …
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The IOC is finally pushing back the 2020 Olympics. International Olympic Committee member Dick Pound told USA Today on Monday the Summer Olympics in Tokyo will be postponed and probably won’t happen until 2021 because of the coronavirus pandemic. “On the basis of the information the IOC has, postponement has been decided,” Pound told USA …
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Colton Underwood is on the mend. One day after revealing his Coronavirus diagnosis the reality star, 28, told an Instagram Live show that he was doing well. “I’ll be fine,” he told Chris Harrison and Lauren Zima on their “Groupdate” show. “I’m lucky enough to have it under control for the most part.” “The Bachelor” …