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Weekly claims turn higher as coronavirus jobs crisis inflicts more damage

Weekly claims turn higher as coronavirus jobs crisis inflicts more damage

By: Fred Imbert
Source: CNBC
Date of Publication: July 23rd, 2020
The Labor Department said initial jobless claims came in at 1.416 million for the week ending July 18, the 18th straight week in which initial claims totaled more than 1 million. Economists polled by Dow Jones expected a print of 1.3 million. Thursday’s report also snapped a 15-week streak of declining initial claims.
How firms are keeping staff and secrets safe from hackers now everyone is working remotely

How firms are keeping staff and secrets safe from hackers now everyone is working remotely

By: Sam Shead
Source: CNBC
Date of Publication: July 27th, 2020
More employees are working from home than ever before due to the coronavirus. Security chiefs from McLaren, Revolut, and Facebook explained what they’re doing to keep their companies safe during the lockdown. Measures range from using privacy screens to extra vetting on new staff.
American unemployment claims are on the rise again for the first time in 4 months

American unemployment claims are on the rise again for the first time in 4 months

By: Anneken Tappe and Tami Luhby
Source: CNN Business
Date of Publication: July 23rd, 2020
America's jobless crisis is far from over. Thursday's Department of Labor report hammered that point home: Another 1.4 million Americans filed for first-time unemployment benefits last week, marking the first increase in initial claims in 16 weeks.
U.S. companies fear workplace coronavirus precautions do not address airborne risk

U.S. companies fear workplace coronavirus precautions do not address airborne risk

By: Caroline Humer
Source: Reuters
Date of Publication: July 20th, 2020
U.S. companies are raising new questions about how they can make workplaces safe after the world’s top public health agency acknowledged the risk that tiny airborne droplets of the novel coronavirus may contribute to its spread, industry healthcare consultants said.
Coronavirus bringing record $1 trillion of new global corporate debt in 2020: report

Coronavirus bringing record $1 trillion of new global corporate debt in 2020: report

By: Marc Jones
Source: Reuters
Date of Publication: July 13th, 2020
Companies around the world will take on as much as $1 trillion of new debt in 2020, as they try to shore up their finances against the coronavirus, a new study of 900 top firms has estimated.
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Life after Zoom: corporate travel agents plot safe return to business trips

Life after Zoom: corporate travel agents plot safe return to business trips

By: Jamie Freed
Source: Reuters
Date of Publication: July 13th, 2020
Corporate travel agents are using the coronavirus-induced lull in bookings to work with companies on how to get their staff out of Zoom videoconferences and safely back in the air.
U.S. pandemic aid program saved 51.1 million jobs, but wealthy and connected also benefited

U.S. pandemic aid program saved 51.1 million jobs, but wealthy and connected also benefited

By: Michelle Price, David Lawder, Lawrence Delevingne
Source: Reuters
Date of Publication: July 6th, 2020
A high-profile pandemic aid program protected about 51.1 million American jobs, the Trump administration said on Monday, as it revealed how $521.4 billion in taxpayer cash was injected into small businesses but also into the pockets of the rich and famous.
Will office buildings ever be the same? Empire State Building offers clues

Will office buildings ever be the same? Empire State Building offers clues

By: Imani Moise and Echo Wang Reuters
Source: St Louis Post-Dispatch
Date of Publication: July 3rd, 2020
The Empire State Building has been a symbol of America's economic might for almost 90 years. Of late, it's also become a symbol of its struggle with the coronavirus.
Blowout jobs report may have missed a troubling trend linked to coronavirus

Blowout jobs report may have missed a troubling trend linked to coronavirus

By: Stephanie Landsman
Source: CNBC
Date of Publication: July 5th, 2020
The latest jobs report shocker may have missed a troubling trend. Crossmark Global Investments’ Victoria Fernandez warns it didn’t capture the fallout from surging coronavirus cases.

“The data was collected through the middle of June,” the firm’s chief market strategist told CNBC’s “Trading Nation” late last week. “It was really the second half of June when we saw states like where I am here in Texas start to reverse their opening up plans. That did not get captured in this number completely.”
COVID-19 — a timeline of the coronavirus outbreak

COVID-19 — a timeline of the coronavirus outbreak

By: Jenny Lei Ravelo, Sara Jerving
Source: Devex
Date of Publication: July 3rd, 2020
The timeline below tracks the development of the outbreak as it unfolds. Total cases as of July 3: 10,871,362 and 521,298 deaths.