Companies reduced payrolls by 27,000 in early March before the worst of the coronavirus-induced economic freeze, according to a report Wednesday from ADP and Moody’s Analytics. Actual losses for the month were far worse as indicated by the millions of people who already have filed unemployment claims. Wednesday’s report covers the period through March 12. […]
After years of negotiations and legal battles, Sprint and T-Mobile have finally completed their merger into a single carrier. While the shift from four carriers to just three — AT&T, Verizon, and the newly expanded T-Mobile — will have huge implications in the coming months and years, there are more immediate questions for Sprint customers: […]
Whiting Petroleum Corporation WLL has become the first oil and gas sector casualty of the current slump in crude demand in the wake of the coronavirus or Covid-19 global pandemic, and the price war between producers triggered by Saudi Arabia and Russia. Early on Wednesday (April 1), Denver, Colorado, U.S.–headquartered Whiting announced it had filed […]
SpaceX’s second astronaut launch is a a step closer to flight after NASA and JAXA announced the third and fourth astronauts assigned to ride Crew Dragon to the International Space Station (ISS) on its first operational mission. On the cusp of March 30th and 31st, the Japanese Space Agency (JAXA) made the first Crew Dragon-related […]
Health scams are popping up as the coronavirus health crisis grows around the country, according to the U.S. Food and Drug Administration and the Federal Trade Commission. The agencies warn about the proliferation of fraudulent products that claim to test for coronavirus and prevent or cure COVID-19. The FDA has sent warning letters to seven […]
Construction of the controversial Keystone XL Pipeline will proceed, the company behind the project said Tuesday, even as it faces opposition from native tribes and environmental groups. TC Energy spokesman Terry Cunha told The Hill in an email that pre-construction activities have been ongoing for several weeks and that the company expects to begin building […]
Walmart is making health-based changes for its employees in response to the COVID-19 pandemic, the company announced Tuesday. The big changes include taking the temperature of workers as they arrive for their shifts and asking them some basic health questions. Stores will also provide masks and gloves for employees who wish to wear them. Each […]
Veteran astronauts Soichi Noguchi and Shannon Walker have been assigned to fly to the International Space Station on SpaceX’s second piloted Crew Dragon mission later this year, joining commander Mike Hopkins and astronaut Victor Glover on a planned six-month expedition in orbit. The two additional crew assignments were announced Tuesday by NASA and the Japan […]
The impact of the economic shutdown in the U.S. caused by the COVID-19 pandemic was revealed Thursday when the latest tally of Americans applying for unemployment benefits spiked to 3.28 million — the largest number ever recorded in history. That weekly number quadruples the prior record and dwarfs, by far, the largest halt to employment […]
The U.S. Federal Reserve’s balance sheet soared past $5 trillion in assets for the first time this week as it scooped up bonds and extended loans to banks, mutual funds and other central banks in its unprecedented effort to backstop the economy in the face of the global coronavirus pandemic. The Fed’s total balance sheet […]
Ralph Lauren is to start making medical masks and gowns – the latest designer brand to lend its support to the coronavirus fight. The fashioner designer announced the shift in production through its charitable arm on Thursday. The Ralph Lauren Corporate Foundation will start making 250,000 masks and 25,000 isolation gowns in the US. Other […]
With billions of people around the world suddenly adjusting to social distancing measures as part of the battle to slow the spread of COVID-19, some professionals who are used to confinement have some tips. From astronauts to submariners, here are some practical ways to boost your well-being and stave off cabin fever during those weeks […]
