GM employees will have 20% of their pay deferred as the coronavirus pandemic hits the auto industry hard

GM EMPLOYEES WILL HAVE 20% OF THEIR PAY DEFERRED AS THE CORONAVIRUS PANDEMIC HITS THE AUTO INDUSTRY HARD

General Motors' 69,000 salaried employees worldwide will defer 20% of compensation, starting April 1, as the automaker contends with...

Trump administration backs off a deal for Ventec and GM to produce 'up to 20,000' ventilators a month amid coronavirus crisis

TRUMP ADMINISTRATION BACKS OFF A DEAL FOR VENTEC AND GM TO PRODUCE 'UP TO 20,000' VENTILATORS A MONTH AMID CORONAVIRUS CRISIS

Bothell, Wash.-based Ventec Life Systems was at the center of a national storm late Thursday when it was reported the Trump administration...

 
 
 
The world has entered a recession as bad or worse than the global financial crisis - IMF chief

THE WORLD HAS ENTERED A RECESSION AS BAD OR WORSE THAN THE GLOBAL FINANCIAL CRISIS - IMF CHIEF

IMF chief Kristalina Georgieva said it's “clear” that the global economy has “entered recession” due to the evolving Covid-19 pandemic,...

Trump again demands governors 'be appreciative' of his coronavirus response and says Pence shouldn't call 'the woman from Michigan,' Gov. Gretchen Whitmer

TRUMP AGAIN DEMANDS GOVERNORS 'BE APPRECIATIVE' OF HIS CORONAVIRUS RESPONSE AND SAYS PENCE SHOULDN'T CALL 'THE WOMAN FROM MICHIGAN,' GOV. GRETCHEN WHITMER

Donald Trump demanded that governors show deference to the administration during the coronavirus crisis, saying, "I want them to be...

 
 
 
General Motors and Ventec will make critically needed ventilators in Indiana to fight the coronavirus pandemic

GENERAL MOTORS AND VENTEC WILL MAKE CRITICALLY NEEDED VENTILATORS IN INDIANA TO FIGHT THE CORONAVIRUS PANDEMIC

GM confirmed that it's retooling a plant in Indiana to manufacture ventilators with Ventec Life Systems. The partnership could increase...

Panama Canal blocks Holland America cruise ship with 138 ill crew members and passengers, and 2 confirmed cases of COVID-19 on board

PANAMA CANAL BLOCKS HOLLAND AMERICA CRUISE SHIP WITH 138 ILL CREW MEMBERS AND PASSENGERS, AND 2 CONFIRMED CASES OF COVID-19 ON BOARD

The MS Zaandam, a Holland America cruise ship dealing with an outbreak of respiratory illness onboard, will be barred from entering...

 
 
 
A new report raises hope that the blood of recovered patients can help treat severe coronavirus cases

A NEW REPORT RAISES HOPE THAT THE BLOOD OF RECOVERED PATIENTS CAN HELP TREAT SEVERE CORONAVIRUS CASES

Chinese researchers reported encouarging - yet early - results of a potential COVID-19 treatment. Five critically ill coronavirus patients...

American Airlines could get $12 billion in government aid, but still cuts schedules 80% for May

AMERICAN AIRLINES COULD GET $12 BILLION IN GOVERNMENT AID, BUT STILL CUTS SCHEDULES 80% FOR MAY

American Airlines will further reduce its flight schedules in April and May as it tries to adjust to rapidly deteriorating customer...

 
 
 
Former Apple CEO: Post Pandemic Business Travel Will Take a Hit - Industry Leaders

FORMER APPLE CEO: POST PANDEMIC BUSINESS TRAVEL WILL TAKE A HIT - INDUSTRY LEADERS

John Sculley, the former CEO of Apple, has become a great advocate of this way of working. And he believes remote working will challenge...

Trump signs the $2 trillion coronavirus economic relief bill into law, which includes checks for Americans and business loans

TRUMP SIGNS THE $2 TRILLION CORONAVIRUS ECONOMIC RELIEF BILL INTO LAW, WHICH INCLUDES CHECKS FOR AMERICANS AND BUSINESS LOANS

Trump signed a $2 trillion economic relief package on Friday to shore up an economy battered by the coronavirus pandemic. It will directly...

 
 
 
Employees across the globe are working remotely because of the coronavirus pandemic. Here are the perks and perils of working from home, according to people who have done it for years

EMPLOYEES ACROSS THE GLOBE ARE WORKING REMOTELY BECAUSE OF THE CORONAVIRUS PANDEMIC. HERE ARE THE PERKS AND PERILS OF WORKING FROM HOME, ACCORDING TO PEOPLE WHO HAVE DONE IT FOR YEARS

Apple, Google, Amazon, and several companies across the globe have asked employees to work from home to prevent the spread of the novel...

Flex-space startup Knotel just laid off 30% of workers and furloughed 20% as coronavirus hits the coworking industry

FLEX-SPACE STARTUP KNOTEL JUST LAID OFF 30% OF WORKERS AND FURLOUGHED 20% AS CORONAVIRUS HITS THE COWORKING INDUSTRY

Knotel laid off 127 employees and furloughed 68, a company spokeswoman said. The company raised $400 million in August at a $1 billion...

 
 
 
Decade of Growth: Facebook to pick metro Atlanta for multi-billion dollar data center

DECADE OF GROWTH: FACEBOOK TO PICK METRO ATLANTA FOR MULTI-BILLION DOLLAR DATA CENTER

Atlanta Business Chronicle is proud to present a special publication highlighting the stories that helped shape the last decade, or...

Wall Street stocks tumble after US becomes worst-hit nation by coronavirus infection

WALL STREET STOCKS TUMBLE AFTER US BECOMES WORST-HIT NATION BY CORONAVIRUS INFECTION

US markets dropped on Friday as the House of Representatives is expected to vote on a $2 trillion stimulus bill to contain the coronavirus...

 
 
 
Boris Johnson urged to close construction sites and call centres to stop the spread of the coronavirus

BORIS JOHNSON URGED TO CLOSE CONSTRUCTION SITES AND CALL CENTRES TO STOP THE SPREAD OF THE CORONAVIRUS

Boris Johnson is under growing pressure to step up the coronavirus lockdown by closing all non-essential workplaces. Members of Parliament...

The coronavirus bear market is over already? Not so fast

THE CORONAVIRUS BEAR MARKET IS OVER ALREADY? NOT SO FAST

The stock market rose for the past three days in a row through Thursday, with the Dow Jones Industrial Average up 21% over that time....

 
 
 
UK Health Secretary Matt Hancock announces that he has the coronavirus just hours after Boris Johnson also tests positive

UK HEALTH SECRETARY MATT HANCOCK ANNOUNCES THAT HE HAS THE CORONAVIRUS JUST HOURS AFTER BORIS JOHNSON ALSO TESTS POSITIVE

UK Health Secretary Matt Hancock tests positive for the coronavirus. Hancock announced the news on Friday just hours after Boris Johnson...

The coronavirus has ravaged media. Analysts dissect how 5 major companies like Disney and Fox have been affected and the key drivers that could help them recover

THE CORONAVIRUS HAS RAVAGED MEDIA. ANALYSTS DISSECT HOW 5 MAJOR COMPANIES LIKE DISNEY AND FOX HAVE BEEN AFFECTED AND THE KEY DRIVERS THAT COULD HELP THEM RECOVER

Wall Street analysts are tallying up the toll the coronavirus pandemic has taken media conglomerates like Disney and Fox - and the...

 
 
 
How to work from home if you don't have room for an office-or even a desk

HOW TO WORK FROM HOME IF YOU DON'T HAVE ROOM FOR AN OFFICE-OR EVEN A DESK

Subscribe to Fortune' s Outbreak newsletter for a daily roundup of stories on the coronavirus and its impact on global business. Configuring...

Sinking global economy & cheap crude take big bite out of Russia's forex reserves

SINKING GLOBAL ECONOMY & CHEAP CRUDE TAKE BIG BITE OUT OF RUSSIA'S FOREX RESERVES

Russian gold and foreign currency holdings have shed almost $30 billion or more than five percent in one week in the biggest drop since...