Money

How the best workplaces in health care and biopharma are responding to COVID-19

As the COVID-19 crisis unfolds, health care and biopharmaceutical companies are on the front lines of treating victims, advising the public and pursuing effective medicines. Employees at these organization are putting their bodies on the line to care for patients and working around the clock to find a vaccine to the novel coronavirus. It’s not …

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How delaying the April 15 IRS tax day helps the rich—and could hurt low-income taxpayers

Delaying the April 15 tax day was supposed to help millions of Americans weather the economic fallout from the coronavirus. But the extension is likely to give some wealthy taxpayers an interest-free loan on their tax bills and delay refunds for some low-income taxpayers. The Internal Revenue Service said last month it will delay the …

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U.S. federal stockpile of medical protective gear is almost empty as coronavirus spreads

The Strategic National Stockpile is nearly out of the N95 respirators, surgical masks, face, shields, gowns and other medical supplies desperately needed to protect front-line medical workers treating coronavirus patients. The Department of Health and Human Services told the Associated Press Wednesday that the federal stockpile was in the process of deploying all remaining personal …

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The ‘green death’ movement: Scientific advances give more eco-friendly funeral options

Each year in the United States, more than 300,000 metric tons of carbon dioxide are emitted by a surprising group of people: the dead. With more than half of Americans choosing to be cremated upon their death, the result is the carbon emissions equivalent to the energy used by 42,532 homes in a year. It …

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Coronavirus reinfection fears grow as cured patients test positive with possibly ‘reactivated’ virus

The coronavirus may be “reactivating” in people who have been cured of the illness, according to Korea’s Centers for Disease Control and Prevention. About 51 patients classed as having been cured in South Korea have tested positive again, the CDC said in a briefing on Monday. Rather than being infected again, the virus may have …

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3 strategies small business owners are using to get their SBA stimulus loans faster

Subscribe to Outbreak, a daily roundup of stories on the coronavirus pandemic and its impact on global business, delivered free to your inbox. Small business owner Leah Sherrill is desperate for an SBA loan. Her preschool and childcare center in Midland, Texas plunged from over 100 kids to around 45 as a result of the …

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Disney+ reaches 50 million subscribers within 5 months

Disney+ surpassed 50 million paid subscribers worldwide, five months after the streaming service launched in the U.S., the company announced Wednesday. Disney last disclosed a subscriber count of 28 million just two months ago during a February earnings call, but the platform, which serves up classic animated films and new original programming like the Star …

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Sen. Loeffler to sell stock holdings after trading scrutiny

Subscribe to Outbreak, a daily newsletter roundup of stories on the coronavirus pandemic and its impact on global business. It’s free to get it in your inbox. Republican Sen. Kelly Loeffler of Georgia said Wednesday that she will liquidate her stock portfolio and move the money to investment funds after coming under scrutiny for transactions …

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Coronavirus relief funds should be used to pay for workers, not bail out corporations

Have you ever had to file for government assistance? Are you facing that question right now for the first time in your life?  Millions of American workers now find themselves wading through piles of unemployment forms, listening for hours to jarring hold music to get a question answered, and reloading websites that are crashing under …

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