Saturday July 4-th, 2020

More than 250,000 confirmed coronavirus cases in Europe More than 250,000 confirmed coronavirus cases in Europe

Public health and wellness authorities in NY hounded beds and also clinical tools and also produced an ask for even more medical professionals and also registered nurses for are afraid the variety of ill will certainly blow up in an issue of weeks, f...

Slack Is Reportedly Getting Microsoft Teams Integration Slack Is Reportedly Getting Microsoft Teams Integration

Indeed, according to a CNBC report , Slack is now working on implementing cross-platform calling with Microsoft Teams users. Details on the new feature are not available as of right now. What effect the influx of users will have on those services ...

Alabama schools to finish year through distance learning Alabama schools to finish year through distance learning

State schools superintendent Dr. Eric Mackey announced Thursday that spring sports for Alabama public high schools would not be resumed. Mackey said lessons may be conducted online and students who do not have internet access may get take-home mate...

McDonald's employee charged with faking COVID-19 to get off work McDonald's employee charged with faking COVID-19 to get off work

The supervisor immediately shut the store, contacted Hamilton Public Health, and sent an untold number of employees home on orders that they self-isolate for 14 days. The McDonald's restaurant at which she works was closed, and all employees were sen...

NYC Mayor Says Trump Needs to Face Reality on Ventilator Crisis NYC Mayor Says Trump Needs to Face Reality on Ventilator Crisis

Additionally, the city is mobilizing departments to form roving surveillance teams for the effort, including members of the parks and fire departments and the mayor's community affairs unit. In New Jersey, police charged three people in recent days...

General Motors to cut pay 20% for salaried workers

General Motors (GM) and Ford (F) have made cuts to their employee's pay as the coronavirus continues to put a strain on the automakers . At the end 2019, GM had approximately 69,000 salaried employees or 42% of its global workforce. "These salar...

Bank of Canada Lowers Interest Rate Bank of Canada Lowers Interest Rate

This type of program is similar to a type of monetary policy known as quantitative easing (QE), although the bank noted that its purchases would be across the entire yield curve, rather than attempting to influence specific bond yields, as typical QE...

Tokyo 2020 postponed amid coronavirus crisis: Aggreko responds Tokyo 2020 postponed amid coronavirus crisis: Aggreko responds

Tuesday's decision came 122 days before the planned opening ceremony at Japan's newly built National Stadium, which was to usher in the 16-day event featuring 11,000 athletes from 206 nations and territories. "We've already spent a lot of money on Ol...

British Prime Minister Johnson tests positive for coronavirus British Prime Minister Johnson tests positive for coronavirus

He said the equivalent of the population of Coventry had applied to help in just 24 hours. "They will be absolutely crucial in the fight against this virus". An incredible 405,000 people have signed up for the NHS volunteer responders scheme. "As...

Pelosi: ‘This is All About The Coronavirus, It’s Not About Anything Else’ Pelosi: ‘This is All About The Coronavirus, It’s Not About Anything Else’

Much of the described financial assistance, and particularly the small-business loans, boosted unemployment benefits, and individual payments, will become available very quickly after the stimulus package is signed into law. "In the end, we did work ...

Olympics: Tokyo organizers set up task force to tackle postponement Olympics: Tokyo organizers set up task force to tackle postponement

Shortly after Tuesday's announcement that the Olympics would be postponed because of the coronavirus pandemic , the worldwide track federation said it had already begun discussing a shift with organizers in Eugene, Ore., where its championships will...

RBI reduces repo rate by 75 basis points to 4.4%: Key points RBI reduces repo rate by 75 basis points to 4.4%: Key points

This was announced by RBI Governor Shaktikanta Das, who said, "Repo rate has been reduced by 75 basis points to 4.4.%". "All commercial banks (including regional rural banks, small finance banks and local area banks), co-operative banks, all-Indi...

International Olympic Committee reportedly aims to reschedule Olympics in midsummer 2021 International Olympic Committee reportedly aims to reschedule Olympics in midsummer 2021

This would go on top of an official budget of $12.6 billion. "But Bach was only thinking about holding the Games in July as planned", one of those sources said. Tokyo 2020 was unraveling quickly. For this year, players born on or after Jan 1, 1997 ...

Virgin Slashes Flights By 90 Percent, Thousands Of Workers Stood Down Virgin Slashes Flights By 90 Percent, Thousands Of Workers Stood Down

With the state border closures happening around Australia, the airline will suspend most of its domestic flights - grounding 125 aircraft - from midnight Friday 27 March until June 14 2020. The business is also discussing closing its New Zealand cabi...

Banks Offer Six Month Mortgage Repayment Deferrals Banks Offer Six Month Mortgage Repayment Deferrals

In addition to the access to liquidity provided through the IMPP, CMHC is also ready to expand the issuance of Canada Mortgage Bonds, which is part of our standard mortgage-funding suite of products, to a total annual issuance amount of up to $60 bil...

China cancels Lunar New Year events over deadly virus fears China cancels Lunar New Year events over deadly virus fears

China is keen to avoid repeating mistakes with its handling of SARS , another virus, in 2003. The moves are meant to "effectively cut off the virus spread, resolutely curb the outbreak and guarantee the people's health and safety", the notice s...

Oil Falls as Sinking Demand Outweighs Stimulus Hopes Oil Falls as Sinking Demand Outweighs Stimulus Hopes

Oil prices have slumped 60 per cent since January to below $30 a barrel. China chose to shut down most of its refineries as part of the coronavirus lockdown, a path followed by other countries later. "Such an unprecedented build would overwhelm a...

Texas Roadhouse CEO to Forgo Salary to Help Front-Line Workers Texas Roadhouse CEO to Forgo Salary to Help Front-Line Workers

The steakhouse chain will also be suspending dividends occurring after March 27 in a move to conserve cash during the pandemic. "Shares were not yet active premarket, but have fallen 25% in the last 12 months, while the S&P 500 spx has fallen 13%", w...

Tokyo Olympics price tag skyrockets by $3bn Tokyo Olympics price tag skyrockets by $3bn

Bach said in a conference call on Wednesday morning that a call would take place with the 33 worldwide sports federations on Thursday to discuss the matter. Tokyo 2020 would mark the first time for the Olympics to be postponed , but there's still a ...

Chancellor reveals a Self-employed Scheme Chancellor reveals a Self-employed Scheme

Millions of people across the United Kingdom could benefit from the new Self-Employed Income Support Scheme, with those eligible receiving a cash grant worth 80% of their average monthly trading profit over the last three years. Also, employment la...

Texas Receives $36.9 Million From CDC For COVID-19 Response Texas Receives $36.9 Million From CDC For COVID-19 Response

The governor ordered that all surgeries that are not medically necessary be postponed. The Lexington-Fayette County Health Department says there are now 28 confirmed cases of the novel coronavirus in Lexington, doubling the amount announced Monda...

What Car Stuff Will You Buy With Your $1200 Stimulus Check? What Car Stuff Will You Buy With Your $1200 Stimulus Check?

The Post article also includes a stimulus payment calculator. "The last time the USA government did anything like this, back in 2008", the Post reports, "the payments went out in batches and it took about eight weeks for the final people to rec...

Tesla's New York Gigafactory to produce ventilators to fight Covid-19 Tesla's New York Gigafactory to produce ventilators to fight Covid-19

Tesla CEO Elon Musk said Wednesday his company would reopen its Gigafactory New York "as fast as humanly possible" to make ventilators for undersupplied hospitals contending with the coronavirus outbreak . An estimate from the Society of Cr...

COVID-19: Government announces Self-Employed Income Support Scheme COVID-19: Government announces Self-Employed Income Support Scheme

It comes as 468 people who tested positive for coronavirus have now died in the UK. " Government already has a very simple way of identifying freelancers who it believes work broadly in the same way as employees and are likely to be of high risk...

Number of weekly jobless claims surge in Iowa, surpass 40,000 Number of weekly jobless claims surge in Iowa, surpass 40,000

The Labor Department said Thursday that almost 3.3 million people filed for first-time unemployment claims in the week ending last Saturday. "During the week ending March 21, the increase in initial claims are due to the impacts of the COVID-...

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