With many of their employees choosing to and are being allowed to work from home because of the coronavirus pandemic, major websites of the world are now turning to automatic systems to moderate content. Artificial intelligence and automated tools are… Read More ›
Month: March 2020
Amazon Inc to hire 100,000 workers to meet surge in demand
With many consumers turning to the web to meet their needs during the Wuhan coronavirus outbreak in the United States, web giant Amazon.com Inc stated, it will be hiring 100,000 warehouse and delivery workers in the United States to deal… Read More ›
ASIC files lawsuit against Commonwealth Bank of Australia’s pension unit for deceptive product communication
On Tuesday, Australia’s corporate regulator stated, it has filed a civil lawsuit against Commonwealth Bank of Australia’s pension business for deceptive product communication. “Product communication by Colonial First State Investments between March 2014 and August 2016 hindered customers of the… Read More ›
PG&E Corp wins approval for $23 billion bankruptcy turnaround plan
PG&E Corp, a power producer, stated, it has won an approval from a bankruptcy court to use up to $23 billion in financing after California Governor Gavin Newsom dropped his opposition to those financing commitments. According to its filing, the… Read More ›
Fast Retailing to close 50 Uniqlo clothing stores in the U.S. due to Wuhan coronavirus
On Tuesday, Japan’s Fast Retailing stated, it will be closing of its 50 Uniqlo clothing stores in the United States temporarily due to the Wuhan coronavirus outbreak. The move comes midst other retailers including Lululemon Athletica Inc, Nike Inc and… Read More ›
GM, FCA, Ford and UAW collaborate to limit Wuhan Coronavirus outbreak
Automakers, including General Motors, Fiat Chrysler Automobiles (FCA) and Ford Motor Co are collaborating to form a task force along with the United Auto Workers (UAW) union to improve protections for their employees and limit the spread of the Wuhan… Read More ›
Apple To Close All Stores Outside Of China To Slowdown Coronavirus Spread
All Apple stores outside of China will be closed by the United States based tech giant within the next two weeks in order to try and reduce the spread of the coronavirus pandemic. The aim of closing down of its… Read More ›
European Authorities Take Measures To Help Firms Coping With The Virus Pandemic
Efforts to provide some support to the European economy form the hit of the coronavirus pandemic is being taken by European authorities. A package of measures that includes a €37bn euro investment initiative will be put in by the The… Read More ›
Record Corporate Debt Could Add On To Economic Woes Of The Coronavirus Pandemic
Ever since the 2008 global financial crisis, companies all over the world have been enjoying debts as a means of their recovery. But now as the coronavirus pandemic threatens to push global economy into recession – many of those debts… Read More ›
Coronavirus Pandemic ‘Could Cost Millions Of Tourism Jobs’, Says Industry Body
A leading global travel and tourism industry body has claimed that millions of travel and tourism jobs are at risk globally because of the spread of the coronavirus pandemic as declared by the World Health Organization (WHO). The coronavirus pandemic… Read More ›