coronavirus recovery News

Relaxed Mask Rules Make Some Retail Workers Nervous

An abrupt relaxation of mask policies has left workers at some retail and grocery stores reeling as they try to sort out what the new environment means for their own safety and relationship with customers. Kroger, the country’s largest grocery …

Businesses Should Take the Lead on COVID-19 Recovery, Climate Crisis: UN Chief

UN Secretary-General Antonio Guterres on Monday [Jan. 25] urged businesses to lead the way to a fair and sustainable recovery from the COVID-19 pandemic while tackling the climate crisis, adding the world had reached “a moment of truth.” Addressing a …

From Insurers to Landlords, Retailers to Restaurants, COVID Reshapes Economies

It would be just a temporary precaution. When the viral pandemic erupted in March, employees of the small digital insurance firm Thimble fled their Manhattan offices. CEO Jay Bregman planned to call them back soon — as soon as New …

France Plans €20 Billion in State-Backed Loans to Avoid Small Firm Failures

France plans to raise 20 billion euros ($23 billion) in quasi-equity loans for small firms hit by the coronavirus crisis by offering investors a state guarantee against the first 2 billion euros in losses, officials said. Fearing failures among firms …

Allianz CEO Cautions European Governments on Spending for Coronavirus Recovery

Allianz CEO Oliver Baete said on Tuesday that European governments needed to be careful about spending record amounts on the COVID-19 crisis as many ordinary people would be angry when they were handed such a vast bill. The coronavirus pandemic …