While the new coronavirus-spurred stimulus law offers help to all kinds of companies, startups may be barred from tapping into one of its more generous provisions. The law sets aside some $350 billion for loans to small businesses — companies with 500 or fewer employees — that come with low interest and the prospect of […]
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California Governor Gavin Newsom has banned all evictions in the state through May for renters impacted by coronavirus
California Governor Gavin Newsom, in an executive order Friday, banned evictions statewide through May 31 for renters impacted by the coronavirus pandemic. The order prohibits landlords and law enforcement from evicting tenants who get sick with COVID-19, need to stay home to care for others, or lose their job or income and can’t pay rent […]
Leaked memo shows how Knotel’s CEO planted a feel-good story and his playbook for burying news about job cuts at the flex-office startup
Knotel laid off and furloughed a total of 50% of the company’s staff on Friday. Days earlier, Knotel CEO Amol Sarva emailed staff with his playbook for media: get good news out ahead of layoffs and dealing with brokers and landlords. The first tactic he listed was to “bury” by going to a small publication […]
Airbnb is freezing marketing spending and slowing hiring as losses reportedly reach hundreds of millions of dollars
Airbnb has halted most teams to freeze hiring for the foreseeable future, according to a report in The Information on Friday. Technical and essential roles are still open and moving through the process on a case by case basis, a source close to the company told Business Insider. An independent analysis of open roles showed […]
One map shows how much residents of each US state are really social distancing during the coronavirus outbreak
The US has the most coronavirus cases of any country: More than 100,000. To “flatten the curve,” or slow the spread of the coronavirus so as not to overwhelm the healthcare system, more than half of all Americans have been ordered to stay at home. Twenty-three states have issued stay-at-home orders, as well as various […]
Analysts lay out the financial damage each of Disney’s businesses could face, as it closes parks ‘until further notice’ and delays films due to the coronavirus (DIS)
Disney is one of the media companies most threatened by the coronavirus because of its large theme park and theatrical businesses. Wall Street analysts at Bernstein, Needham, Rosenblatt Securities, and UBS have started crunching the numbers to figure out how much of a hit the company could take from the outbreak. Disney’s usually stable theme-park […]
Leaked documents reveal McDonald’s response to insiders’ worries about a ‘black-eye’ for its reputation over sick leave amid the coronavirus outbreak
McDonald’s has faced scrutiny over its approach to sick leave amid the coronavirus outbreak, prompting worries about a “black-eye in the media” from some insiders. The fast-food giant addressed concerns in an internal document obtained by Business Insider, which stated that the chain will continue to answer questions and publicly clarify its position. “We know […]
There are signs that social distancing is working in the US, even as the country becomes the coronavirus pandemic epicenter
The US has surpassed China as the world’s largest hotspot for coronavirus transmission,with more than 94,000 confirmed cases. But there are early signs that the social distancing measures Americans are taking, by staying away from others, are working. Nationwide, rates of unseasonably high fevers are down according to thermometer company Kinsa, a sign that fewer […]
Leaked emails show Amazon is moving full steam ahead with this year’s Prime Day shopping extravaganza, even as it grapples with the coronavirus pandemic (AMZN)
Amazon is inviting sellers and vendors to submit deals for this year’s Prime Day, its annual mega shopping event, despite the supply chain issues it’s facing amid the coronavirus outbreak. One email said vendors should be ready to ship their Prime Day inventory to Amazon warehouses by May, as purchase orders will be placed from […]
The best meditation apps
The recent outbreak of COVID-19 has everyone feeling anxious, stressed, and panicked. With everything from job loss and slowed business to making rent and paying bills hanging over many people’s heads, it’s natural to experience a feeling of uneasiness and tension — and you’re not alone. Meditation can help lower stress and anxiety, providing temporary […]
The coronavirus can damage the heart, even in people with no history of heart disease, new research suggests — showing it doesn’t only affect the lungs
People with underlying health conditions are disproportionately at risk of severe complications from the coronavirus. The death rate for coronavirus patients with heart disease is around 10%, some research suggests. That’s because the virus can cause damage to the heart and surrounding tissues, and that damage can lead to death. New research suggests the coronavirus […]
The best screwdrivers
A good set of screwdrivers is essential for any household, A screwdriver is handy for tightening the occasional loose screw or bigger DIY projects, like furniture assembly. The Craftsman 17-Piece Screwdriver Set is our top pick because it includes a wide variety of both tool length and tip size. Screws are an essential part of […]