Macy’s, Kohl’s, Gap to furlough majority of their workers

Macy’s, Kohl’s, Gap to furlough majority of their workers

NEW YORK (AP) — Macy’s, Kohl’s and Gap Inc. all said Monday they will stop paying tens of thousands of employees who were thrown out of work when the chains temporarily closed their stores and sales collapsed as a result of the pandemic. Macy’s said...
School shutdowns raise stakes of digital divide for students

School shutdowns raise stakes of digital divide for students

WINNSBORO, S.C. (AP) — Students struggling to get online in a rural South Carolina county received a boost last week with the arrival of six buses equipped with Wi-Fi, some of the hundreds the state has rolled out since schools were closed by the coronavirus outbreak....
Dubai Expo 2020 recommends postponing a year amid virus

Dubai Expo 2020 recommends postponing a year amid virus

DUBAI, United Arab Emirates (AP) — Dubai’s Expo 2020 should be postponed to next year over the new coronavirus pandemic, local organizers recommended Monday, pushing back a world’s fair that the sheikhdom has bet billions of dollars on to rejuvenate its...
Bangladesh garment makers say $3B in orders lost to virus

Bangladesh garment makers say $3B in orders lost to virus

DHAKA, Bangladesh (AP) — Bangladesh garment manufacturers say fashion retailers have cancelled or put on hold more than $3 billion in orders due to the coronavirus outbreak, though a handful have agreed to pay anyway. The data from the Bangladesh Garment Manufacturers...

US pending home sales trended higher before virus outbreak

BALTIMORE (AP) — Americans signed more contracts in February to buy homes, but the gains are likely relics of a moment before the coronavirus outbreak sent the U.S. economy spiraling into a likely recession.The National Association of Realtors said Monday that its...
Job cuts pile up, Ford to make ventilators at parts plant

Job cuts pile up, Ford to make ventilators at parts plant

The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments on Monday related to the global economy, the work place and the spread of the virus._______AIR CARE: Britain’s health service is asking airline...