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Facebook Employees to Work from Home until July 2021 over Coronavirus

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Seattle-Based Amazon Employee Tests Positive For COVID-19

After a Facebook contractor in company's office in Seattle contracted coronavirus , the network closed the office for the rest of the week. An internal mem...

Amazon plans virtual grocery waiting lists to cope with surging demand

Since the coronavirus outbreak began, Amazon claims capacity for online orders has jumped more than 60 percent. It expanded online grocery pickup from 80 stor...

Gold hits 1-month peak fueled by Fed's new stimulus measures

Spot gold rose 0.2 percent to $1,619.03 per ounce by 0314 GMT, after rising as much as 0.8 percent in the previous session. USA gold futures rose 1% to $1...

World Bank Forecasts Worst Economic Slump In South Asia In 40 Years

This is the downward revision of the growth forecast from 6.4 percent that the World Bank had made in October a year ago. The economic growth rate stood at ...

People's Bank of China picks up 1% stake in HDFC

According to data submitted by the company at the BSE, the People's Bank of China has taken up 1.01 per cent stake in HDFC. HDFC shares are now trading only...

Canada Emergency Wage Subsidy receives Royal Assent

Opposition Leader Andrew Scheer said that the bill would have Conservative support on the condition that there were more accountability measures put in place,...

Air France-KLM sees over 90% of planes grounded

Beyond that time frame, projections are too hard to provide, it said . Traffic in March was "strongly impacted" by the spread of Covid-19 across the globe an...

Suit by 3M alleges price-gouging by New Jersey company

St. Paul, Minnesota-based 3M, one of the nation's biggest manufacturers of respirators, said it has not changed the prices it charges for the device since the o...

Coders from 1959 needed to help process overloaded unemployment claims

The language was first developed in 1959 and is still used by many government and banking systems. New Jersey Governor Phil Murphy has recently released a cal...

Smithfield closes South Dakota pork plant due to coronavirus

The closing is the most recent disruption into the US food distribution chain as centers are closed to restrict the spread of this coronavirus; Tyson (NYSE:TSN)...

Number of Bitcoin Whales Hits Two Year High Ahead of BTC's Halving

Back then, the number of bitcoin whales hit an all-time high of 2,000. The world's fifth-largest cryptocurrency network by market capitalization recently re...

Sub-Saharan Africa will Suffer its First Recession In 25 years

Several African countries are using lockdowns to control the virus' spread. These will also negatively affect economic growth on a continent, which has had so...

Get your $1,200 coronavirus stimulus check fast with this online tool

The agency said you are not eligible for a check if someone else has claimed you on their tax return. Economic stimulus payments meant to help curb the imp...

Disney World furloughing 43,000 workers following coronavirus shutdown

The Service Trades Council Union is comprised of six local unions, representing roughly 43,000 employees in a variety of roles across Walt Disney World, from ...

How small businesses can apply for Paycheck Protection Program

The loans are created to help small employers continue to keep paying their workers for an eight-week period during the coronavirus pandemic. Other expenses, su...

G20 nations agree to cut oil production

The United States will cut oil production to aid Mexico in an effort to bolster a deal to boost sagging global oil prices between a number of oil-producing coun...

New York City to Investigate Amazon Over Possible Coronavirus Worker Safety Violations

However, Amazon said in a statement that Smalls was released from his duties because he violated social distancing guidelines. "I don't know how they sleep ...

Airbnb to limit United Kingdom accommodation to essential stays

Known as Frontline, the program is providing housing for medical personnel, relief workers, and other first responders on the front lines of the crisis, includi...

North American stock markets start the trading day higher, loonie edges lower

They've been anxiously waiting for when the number of new infections hits its peak, which would give a better idea of how long the upcoming recession will last ...

US Market ends up on Feds $2.3 trillion backstop

United States supplies have actually simply tape-recorded their biggest weekly gain considering that 1974 regardless of the grim financial expectation. Wall Str...

Canada expects coronavirus deaths to soar; job losses hit one million

The worst case scenario - with no epidemic control measures - could see up to 80 per cent of Canadians eventually getting COVID-19 and more than 350,000 deaths....

Grande Prairie region unemployment rate climbs to 7.1

When Statcan tallied the number of unemployed, recently employed but not looking for working and those earning less than half their previous wages, it calcula...

Debenhams enter administration with 22,000 jobs at risk

The company blamed trading challenges in Ireland which were exacerbated by the impact of Covid-19. RTÉ reports that the question of whether any of the Irish...

Yelp Restaurant Reviews Site Will Layoff And Lay Off 2,000 Employees

Yelp You have to cut expenses, which means a big round of layoffs and some additional measures. The company has shared Stoppelman's internal email on its webs...

France orders Google to pay news companies for showing article extracts

The new rule on so-called "neighbouring rights" is meant to guarantee that news publishers are paid when their work appears on search engines and social media...

Celebrate Easter virtually this year with these fun activities at home

The goddess consorted with a hare which, as the theory goes, was the original inspiration for today's Easter bunny but there is little evidence to prove it. Due...

Airbus Cuts Production Rates

Airbus on Wednesday announced it will cut commercial aircraft production rates commercial by around a third as it moves to mitigate the industry damage cause...

Morrisons And Deliveroo Join Forces For On-Demand Home Delivery

The move will help families and individuals who can't go out to shop and are finding it hard to place online orders . Ajay Lakhwani, Vice President of New Bu...

Tesla to sell more Shanghai-built versions of Model 3

The company updated its China website showing the standard-range-plus model - the first vehicle produced at the Shanghai factory - as well as the long-range R...

Antiviral Drug Shows Early Promise in Severely Ill Coronavirus Patients — Gilead Sciences

U.S. President Donald Trump and others have touted the potential of hydroxychloroquine, an old malaria and lupus drug, for treating COVID-19. Researchers note...