California’s embattled governor, Gavin Newsom, lifted restrictions on some businesses in the state in a bid to balance public safety with the need to reopen devastated businesses and resume tax collections to pay for government services.
Tag Archive: #layoffs
One employee has died and a cluster of co-workers have been infected by the COVID-19 coronavirus at a Walmart in Quincy, Massachusetts, forcing the store to be closed. Last week at another Walmart, 81 employees tested positive for the coronavirus, and the city of Worcester ordered the store closed.
Americans are losing their jobs during the fastest economic contraction in American history, and Goldman Sachs warns it’s only going to get worse…and very quickly.
Cathay Pacific has suspended almost all passenger flights for two months as the COVID-19 virus outbreak continues to pulverize global demand for travel.
Troubled aerospace company Boeing is considering a complete shutdown of operations as the damage from the coronavirus pushes the world to the brink of a deep recession.