Post-COVID Credit Suisse: Jobs may go missing in next few years

Post-COVID Credit Suisse: Jobs may go missing in next few years

By Anna Domanska - May 23, 2020

  Credit Suisse Group AG expects fewer staff in post-COVID adjustment as it faces the prospect of slower growth and imminent credit defaults. Online banking is becoming more i

Read More
Hertz Bankruptcy Filing Reflects Grim COVID-19 Realities

Hertz Bankruptcy Filing Reflects Grim COVID-19 Realities

By Anna Domanska - May 23, 2020

Hertz Global Holdings Inc., one of the nation’s largest car-rental companies, is the latest victim of an economic downturn spurred by the COVID-19 pandemic. The Estero, Florida-b

Read More
JC Penney files for Bankruptcy Protection

JC Penney files for Bankruptcy Protection

By Anna Domanska - May 17, 2020

United States departmental store JC Penney recently became the latest American retailer to be pushed into bankruptcy by the COVID-19 pandemic. The business stated that it was filin

Read More
Elon Musk's Persistence Pays, Fremont Authorities Agree To Allow Reopening Of Factory

Elon Musk's Persistence Pays, Fremont Authorities Agree To Allow Reopening Of Factory

By Anna Domanska - May 14, 2020

Elon Musk, the CEO of Tesla, has reopened the Fremont-based factory in Alameda County, California, going against the state-imposed lockdown. This followed a spate of tweets by Elon

Read More
Apple, Google contact tracing tool will warn if you've been exposed to COVID-19

Apple, Google contact tracing tool will warn if you've been exposed to COVID-19

By Anna Domanska - May 05, 2020

Tech giant Google would now alert people when they are exposed to the pandemic COVID-19 or Coronavirus! With advanced health apps, the leading technology prime will let people know

Read More
Online Shopping Adapts As Pandemic Upends Retail Trends

Online Shopping Adapts As Pandemic Upends Retail Trends

By Anna Domanska - May 04, 2020

The coronavirus has forced lockdowns, and shelter-in-place orders have been enforced in almost all parts of the world. With people restricted to home territory and scared even to g

Read More
Industries Weathering the Corona Storm

Industries Weathering the Corona Storm

By Anna Domanska - May 04, 2020

The coronavirus pandemic has brought large swaths of the world economy to a halt. The International Monetary Fund, or IMF, recently predicted the epidemic might lead to the worst e

Read More
Remdesivir Shortens Recovery Period of Covid-19 Patients, Still Under Experiment

Remdesivir Shortens Recovery Period of Covid-19 Patients, Still Under Experiment

By Anna Domanska - Apr 30, 2020

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 distress. The drug,

Read More
Uber Withdraws 2020 Guidance Due To Pandemic

Uber Withdraws 2020 Guidance Due To Pandemic

By Anna Domanska - Apr 20, 2020

Uber has withdrawn its 2020 financial guidance report saying that the Covid-19 coronavirus pandemic has made it difficult to predict how the market will playout for the company.

Read More