Category Archives: CNN – Business

McClatchy furloughs about 115 employees to deal with the impact of coronavirus

McClatchy furloughs about 115 employees to deal with the impact of coronavirus

McClatchy, owner of 30 US newspapers, announced on Thursday it will furlough 4.4% of its employees, lay off four executives and reduce some executive compensation to address the financial pressures from coronavirus. The company, whose newspapers include the Pulitzer Prize-winning Miami Herald, The Kansas City Star and The Sacramento Bee, employs about 2,700 people, so…MORE

Teladoc soars on bet that virtual health is here to stay

Hospitals are swamped with coronavirus cases. And Americans are being encouraged to stay home unless absolutely necessary. So if you need to see a doctor any time soon and it’s unrelated to Covid-19, chances are that your visit will be a virtual one. That’s led to a boom in demand for Teladoc, a leader in…MORE

‘Saturday Night Live’ is producing new original content remotely this weekend

‘Saturday Night Live’ is producing new original content remotely this weekend

Live from various homes, it’s Saturday night! After going dark because of the coronavirus pandemic, “Saturday Night Live” will be back this weekend with new original content that will be produced remotely, NBC said on Thursday. “SNL” will air in its normal time slot on Saturday at 11:30 PT ET. Original content will include “Weekend…MORE

Pence’s office blocks public health officials from appearing on CNN

Pence’s office blocks public health officials from appearing on CNN

Vice President Mike Pence’s office has declined to allow the nation’s top health officials to appear on CNN in recent days and discuss the coronavirus pandemic killing thousands of Americans, in an attempt to pressure the network into carrying the White House’s lengthy daily briefings in full. Pence’s office, which is responsible for booking the…MORE

The Fed just unleashed another $2.3 trillion to support the economy

The Fed just unleashed another $2.3 trillion to support the economy

The Federal Reserve is continuing its extraordinary efforts to prop up the US economy in the wake of the coronavirus pandemic. The central bank announced a new $2.3 trillion round of loans that include even more support for small businesses and consumers — and, for the first time, for states, cities and municipalities, too. The…MORE

Nearly a third of Americans didn’t pay rent this month, new data shows

Nearly a third of Americans didn’t pay rent this month, new data shows

With nearly 10 million Americans filing for unemployment in March, April 1 was always going to be a difficult day for US renters. Now we know just how difficult: Nearly a third of American renters didn’t pay their rent this month. That’s according to data from the National Multifamily Housing Council, a trade association for…MORE

BBC host slams UK politicians for suggesting ‘fighters’ can survive Covid-19

BBC host slams UK politicians for suggesting ‘fighters’ can survive Covid-19

Emily Maitlis, host of BBC current affairs program Newsnight, criticized UK government officials on Wednesday for their language surrounding the coronavirus. In a clip that has since been widely shared on social media, Maitlis opened Newsnight on Wednesday by rebuking politicians for implying that those with a “fighter” attitude could survive the virus. Maitlis said:…MORE

What happens if OPEC and Russia don’t agree to cut production?

What happens if OPEC and Russia don’t agree to cut production?

US President Donald Trump, a self-proclaimed “Tariff Man,” is brandishing his favorite trade weapon ahead of a crucial meeting of major oil producers later on Thursday that’s aimed at hammering out a deal to limit production. Russia and Saudi Arabia, the de-facto leader of OPEC, are engaged in an epic price war that, along with…MORE

Why stores could start taking customers’ temperatures

Why stores could start taking customers’ temperatures

Stores are scrambling to protect their workers from coronavirus. Some have begun taking employees’ temperatures to keep sick workers home. But that doesn’t keep employees safe from sick customers. That’s why a number of stores are considering taking customers’ temperatures before they enter. Public health experts say it is a prudent step: Grocery stores are…MORE

Blogs

When the “Victims” Strike Back

A lot of terms were used to describe the man that opened fire on Republicans members of Congress at their baseball practice in Alexandria, Virginia on Wednesday.  “Bernie Sanders supporter”, “left wing extremist”, “disturbed”, and “troubled” were the most common used by those investigating the matter, those who were among the targets and those who…

Less Than Compelling

Usually us curmudgeons like to go on and on about how sports, music and movies were better in “our day”.  I think that you can add Congressional hearings to that list as well.  That’s what I was thinking during both the James Comey and Attorney General Jeff Sessions testimony the last couple of weeks.  While…

Un-settling the Science

While James Comey was sucking up all the oxygen in the room, there was a pretty major science announcement last week.  It turns out that the human species might be much older than we originally thought.  Fossils found in Morocco place our earliest ancestors on the planet as far back as 350-thousand years ago.  Until…

Open Week

Welcome to US Open week here in Wisconsin.  Many of you will be venturing down to Erin (or Hartford or Richfield–I’ve seen all three used to describe the location of the course in stories) for practice rounds the next three days–or for the competitive rounds Thursday through Sunday (and possibly Monday–more on that later).  Here…