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Coronavirus help: Comcast pledges $500 million to workers; executives forgo salaries

Business / Business News /

Comcast Corp. pledged $500 million to help employees struggling through the coronavirus health crisis, and its five top leaders will donate their salaries to COVID-19 relief efforts.

"We hope in some small way we can make this time easier on our employees, our local communities and our customers," Comcast Chairman and Chief Executive Brian ...Read more

Column: The bad science behind Trump's chloroquine claims

Business / Business News /

Jennifer Herrera is down to her last 15 days of a drug she needs to control her inflammatory arthritis. Her pharmacy is out of stock and has no idea when its next shipment will come in.

Her misfortune is that she's dependent on a version of chloroquine, a drug touted by President Trump and others as a treatment for COVID-19, the disease caused ...Read more

How to talk to your landlord about rent if coronavirus closures have affected your paycheck

Business / Business News /

For many out-of-work Americans, the first of the month looms larger now than it did just four short weeks ago.

Even if your landlord has announced rent cuts or is helping you cover the rent due, you may be wondering just what to do on the first of the month.

You're not alone. Two weeks ago, a record 3.28 million Americans filed unemployment ...Read more

Coronavirus vaccine race gets unlikely partner: big tobacco

Business / Business News /

Cigarette makers may seem like an unlikely source of life-saving vaccines, yet Philip Morris International Inc. and British American Tobacco Plc are trying to devise a defense against the coronavirus from the humble tobacco leaf.

BAT said Wednesday that it's in pre-clinical testing of a plant-based vaccine via a U.S. biotech subsidiary Kentucky...Read more

How to prevent trolls from Zoom bombing your online meeting

Business / Business News /

As students at the University of Tennessee were participating in a virtual "Milkshake Monday," an anonymous person jumped into the Zoom gathering and began berating everyone with racist rants.

"Zoom bombing has unfortunately become an issue at institutions across the country, and this is at least the second instance at UT Knoxville since we've ...Read more

Blockchain could transform supply chains, aid in COVID-19 fight

Business / Business News /

Companies that specialize in moving goods from one place to another are starting to use the technology that powers cryptocurrency to streamline their work, and they say it could help hospitals stay stocked and staffed during pandemics like the one caused by COVID-19.

Blockchain technology, as it's called, is already being adopted in the ...Read more

Not made in China is global tech's next big trend

Business / Business News /

Three years ago, manufacturing gadgets in China was a given. That's changed fundamentally in the era of trade wars and coronavirus.

Under the new reality, the world's electronics makers are actively seeking ways to diversify their supply chains and reduce their dependence on any single country, no matter how attractive.

Never has there been so...Read more

A quick rebound from virus? Economists have reason to doubt it

Business / Business News /

The coronavirus is guaranteed to throw the world into recession, but economists are becoming less convinced about the potential for a strong snapback in growth.

The base case for forecasters is that a recovery, perhaps even a vigorous one, gets under way in the second half of 2020. But as the pandemic spreads through Europe and the Americas, ...Read more

Small businesses can apply for forgivable COVID-19 loans Friday

Business / Business News /

Small businesses shuttered by coronavirus countermeasures can start applying for emergency loans to cover payroll and other costs as soon as Friday, according to Treasury Department guidance.

The Treasury published fact sheets for lenders and borrowers Tuesday for the $349 billion Paycheck Protection Program that was part of the $2.3 trillion ...Read more

Tech Q&A: Backing up an iPhone while moving photos to PC

Business / Business News /

Q: I back up iPhone photos to iCloud, and I'd like to transfer them from iCloud to my PC. But I was surprised to read in your column how much data the photos lose during the iCloud-to-PC transfer (see tinyurl.com/qmdxztz).

You suggested transferring photos from the iPhone to Dropbox and from Dropbox to the PC, but I'd rather not have to do that...Read more

US can learn how to beat coronavirus from China's best practices

Business / Business News /

Each time automotive consultant Sophia Lyu enters or exits the gate to her Beijing apartment building, an infrared sensor posted there measures her body temperature.

If it indicates a fever, guards will immediately detain Lyu and take her to quarantine.

"The Chinese run the country so tightly," said Michael Dunne, Lyu's boss and the CEO of ...Read more

Citgo must pay for a massive 2004 Delaware River oil spill, Supreme Court rules

Business / Business News /

The former owner of a Philadelphia area asphalt refinery is liable for a massive 2004 oil spill in the Delaware River and must pay back millions of dollars in cleanup costs, the Supreme Court ruled on Monday.

In a 7-2 ruling, the court said that Citgo Asphalt Refining Company, the former owner of the refinery in Paulsboro, N.J., was responsible...Read more

Airlines pivot from passengers to cargo amid coronavirus crisis

Business / Business News /

The coronavirus outbreak has pushed the airline industry into strange territory. For American Airlines, that means -- for the first time in 36 years -- flying two cargo-only flights from the U.S. to Germany.

The two round-trip flights earlier this month of a Boeing 777-300 from Fort Worth to Frankfurt were a sign of desperate times for an ...Read more

UPS pilots vote to approve labor contract extension

Business / Business News /

Pilots for UPS have voted to approve a two-year extension of their labor contract.

The pilots for the company's cargo carrier, who are represented by the Independent Pilots Association, voted 98.9% in favor of the contract extension.

"This contract extension provides stability for both UPS and our pilots as we jointly face unprecedented times ...Read more

Ford restart postponed indefinitely; GM says situation 'fluid' as COVID-19 stalls industry

Business / Business News /

DETROIT -- Ford confirmed Tuesday that it plans to again postpone restarting its automobile production in North America "to help protect its workers" with no restart date scheduled.

The decision comes after news that a third UAW worker employed by Ford and diagnosed with the novel coronavirus has died, this time from the Dearborn Diversified ...Read more

Consumer Confidential: No coronavirus refund but credit for a future cruise? Are you kidding?

Business / Business News /

Craig Morris, his wife, two kids and three grandchildren are no longer booked on a seven-day holiday in hell.

But they were fought by the cruise operator, Carnival, every step of the way.

Morris, 71, and his family were booked into three cabins on the Carnival Panorama, which was scheduled to set sail from Long Beach on April 11.

Until Monday...Read more

Theranos prosecutors eye Holmes' secret love as fodder for jury

Business / Business News /

Prosecutors are angling to dig into Theranos Inc. founder's Elizabeth Holmes clandestine romance with the company's former president when she goes to trial on fraud charges, using the relationship to show that alleged deceptions at the blood-testing startup went well beyond faulty machines.

The alleged concealment of the relationship from ...Read more

Grocery strikes spike at Whole Foods, Instacart and Amazon as fear over COVID-19 spreads

Business / Business News /

Both grocery and delivery workers are holding strikes and walkouts this week as concerns over dangerous work conditions during the COVID-19 pandemic intensify.

Employees at Amazon and Instacart went on strike Monday, while Amazon-owned Whole Foods employees are planning a walkout Tuesday.

Staff at all three organizations -- which do not have ...Read more

Trump weakens fuel economy standards, rolling back key U.S. effort against climate change

Business / Business News /

WASHINGTON -- The Trump administration on Tuesday weakened one of the nation's most aggressive efforts to combat climate change, releasing new fuel efficiency standards for cars and trucks that handed a victory to the oil and gas industry.

The new rule, from the Environmental Protection Agency and Transportation Department, will almost ...Read more

Liz Reyer: A boss who doesn't always respond may be looking for you to take charge

Business / Business News /

Q: The vice president I report to is hard to get in touch with. She used to be more accessible but now she skips our catch-up meetings and isn't good about answering my e-mails.

My best tactic is to catch her in hallways between meetings for impromptu questions. Now that we are all working from home, I've lost this opportunity. What can I do to...Read more