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New York City is reorganizing its entire public and private hospital systems, transforming some or all of them into intensive-care sites for people who have contracted the coronavirus while other patients are diverted to temporary facilities. On Monday, the city got closer to its goal of reaching over 60,000 beds […] Mnuchin: Coronavirus relief will be simple process for small business owners Treasury Secretary Steven Mnuchin anticipates having documents and instructions available on the Small Business Administration’s website for business owners today. Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below […] Global oil producers have begun shutting down their oil rigs on the largest scale in 35 years as the coronavirus continues to drive market prices to their lowest level since 2002. More than 4,000 North Sea oil rig jobs cut amid Covid-19 crisis The shutdown of oil wells has already […] McDonald’s Corp. is temporarily closing down all its restaurants in the U.K and Ireland after 7 pm on Monday, March 23, as the coronavirus (COVID-19) pandemic continues to spread and worsen. The company operates about 1,360 restaurants in the UK and Ireland. The fast-food chain said it is taking this […] ‘This is a period of significant uncertainty, of unknown unknowns.’ Chief Economic Advisor Krishnamurthy Subramanian tells Arup Roychoudhury that economic activity is set to be hit as the country is under a lockdown because of the spread of COVID-19. How serious is this for the economy? Can it be compared […] In this article Like all aspects of society, the rules of the C-suite are being rewritten under the pressure of a deadly pandemic. Professionals who help companies ensure leadership continuity say the coronavirus crisis has added a new urgency to their work. Some say clients are mulling whether to further […] The coronavirus and cheap oil are hitting the fuel business so hard that ethanol plants are shutting down. Some may never come back. The entire biofuel industry is facing a reckoning. Long before the pandemic emptied roads and exacerbated an oil price war, producers were battling chronic oversupply and trade […] Supply Lines is a daily newsletter that tracks COVID-19’s impact on trade. Sign up here, andsubscribe to our Covid-19 podcast for the latest news and analysis on the pandemic. The past century of global economic integration through trade has been a steady march of progress, from trucks to pallets, from […] The ratings agency Fitch has cut Britain’s sovereign debt rating to AA-, saying debt levels will jump as the government ramps up its spending to offset the near shutdown of the economy in the face of coronavirus. Fitch downgraded the country by one notch to the same level as its […] The world is in the face of a devastating impact due to the coronavirus pandemic and has clearly entered a recession, the International Monetary Fund said on Friday, but projected a recovery next year. “We have reassessed the prospects for growth for 2020 and 2021. It is now clear that […]
New York City Marshals All Hospitals; Navy Sails In to Help
Coronavirus crisis – New Paycheck Protection Program offers real relief for small business: Sen. Rubio
Oil rig closures rising as prices hit 18-year lows
McDonald’s To Close All Restaurants In UK
Economy: ‘March impacted. April and May will also get hit’
A Death at Jefferies Highlights Urgency of C-Suite Backup Plans
Green Fuel Plants Are Shutting Down and Some May Never Come Back
How Supply Chains Jumped From Business School and Into Our Lives
Fitch cuts UK credit rating to AA-
IMF makes it official: World has entered recession
