, Nearly 20,000 Amazon workers contracted coronavirus in its facilities
The online retail giant Amazon Thursday said 19,816 of its front-line US employees working at Amazon and its Whole Foods retail chains had tested positive or presumed positive for the novel coronavirus.
, Covid-19 turns Malaysia’s Glove Makers into Billionaires
Owner of Risverstone Holdings is now a billionaire with his share prices going up, keeping up with the increasing demand in protective gloves across the world.
, Beer Sales See a Downturn in the Pandemic
Beer sales hit a record low as extended lockdown keeps people from visiting taprooms, bars, and restaurants.
, Nissan to brave $4.5 billion annual net loss as pandemic hits restructuring plans
Nissan Motor Co. is struggling with slumping new car sales amid the novel coronavirus pandemic. The Japanese automaker announced on Tuesday it expects to make an annual operating loss for a second straight year. It issued forecast for the full fiscal year ending March 2021, saying it expects revenue of ¥7.8 trillion ($74 billion) – down 21% – and a net loss of ¥670 billion ($6.4 billion).
, Pandemic of Plastic in Corona Times
The Covid-19 pandemic has had an impact on the way we live in myriad ways. The lockdown, shelter in place and a cut down …
, Nike reports $790 million sales drop for latest quarter
Nike, the leading footwear and athletic wear brand, reported a pandemic related sales drop of $790 million in its fourth-quarter fiscal report. In an …
, Google Maps to Include Covid-19 Related Restrictions for Safer Travel
Alphabet Inc. the parent company of Google Maps, announced that the map service will now alert users about Covid-19 related travel restrictions on your …
, Boeing Job Cuts Coming This Week
Boeing Co. is expected to announce job cuts in the United States this week after disclosing last month it planned to axe 10% of …
, How is COVID-19 Affecting US Businesses
The ongoing Coronavirus pandemic has threatened the livelihood of many small and medium enterprises. The prolonged shutdown of non-essential businesses all over the world …
, Post-COVID Credit Suisse: Jobs may go missing in next few years
Credit Suisse Group AG expects fewer staff in post-COVID adjustment as it faces the prospect of slower growth and imminent credit defaults. Online …
, Pandemic-Led Meat Shortage Gives Faux Meat Companies Opportunity to Push Products
The coronavirus pandemic’s effects can be felt everywhere, even on our food habits. Most countries are facing a meat shortage with slaughterhouses finding it …
, Industries Weathering the Corona Storm
The coronavirus pandemic has brought large swaths of the world economy to a halt. The International Monetary Fund, or IMF, recently predicted the epidemic …
, Remdesivir Shortens Recovery Period of Covid-19 Patients, Still Under Experiment
Remdesivir, an experimental drug, is being tested on patients to determine its efficacy against the COVID-19 in people suffering from mild to severe respiratory …
, Netflix’s Content Bank Strong Enough To See Through the Pandemic
The COVID-19 coronavirus has led to millions being forced to stay at home with lots of time on hand. Streaming services like Netflix, Hulu, …
, India to Open Manufacturing in Certain Sectors in Phases
India, which has been on a 21-day lockdown due to the COVID-19 coronavirus pandemic, is planning to lift the ban on manufacturing in some …
, Demand for Gasoline Collapses to a Staggering 50-Year Low
Whether you want to stay up-to-date on the latest business news, read in-depth CEO interviews, or find new ideas on leadership, management and innovation, …
, New York Facing Economic Downturn amid the Pandemic Health Crisis
New York, the city that never sleeps, has been forced to shut down by a pandemic that is spreading like wildfire in the city. …
, Tesla Shows Off Prototype Ventilator Made Using Car Parts
Vehicle manufacturer Tesla released a video showing the technique in which its engineering team is working to create a prototype ventilator from car parts. …
, Global Airline Industry Takes a Hard Fall
The airline industry faces a dismal two years post-pandemic also, says data research as airlines see a drop of 80 percent in capacity. The …
, VW Loses $2.2 Billion per Week on Factory Closures Due To Coronacrisis
Whether you want to stay up-to-date on the latest business news, read in-depth CEO interviews, or find new ideas on leadership, management and innovation, …
, Auto companies gear up to help manufacture masks and ventilators
Whether you want to stay up-to-date on the latest business news, read in-depth CEO interviews, or find new ideas on leadership, management and innovation, …
