Biz/Tech Archives

Global stocks and US futures move higher after China’s economy shows signs of life

March 31, 2020 3:00 AM CNN

Global stock markets and US futures moved higher Tuesday after data showed that manufacturing activity in China rebounded from record lows in March,…

As El Paso virus cases rise to 46, new restrictions being finalized & small biz relief fund created

March 30, 2020 5:52 PM Jim Parker

EL PASO, Texas — The number of confirmed coronavirus cases in El Paso County grew to 46 as of Monday evening as officials said they were working on…

El Paso distillery goes from making rum to much-needed hand sanitizer: Find out how to buy it

March 30, 2020 11:29 PM Mauricio Casillas

EL PASO, Texas — Sun City Distillery is now whipping up 100 gallons of hand sanitizer every week. “Right now it’s scarce,” owner Ryan Carrillo said.…

Mercedes F1 engineers help make a breathing aid for coronavirus patients in less than 100 hours

March 30, 2020 11:18 PM CNN

Formula One engine manufacturer Mercedes has teamed up with clinicians and university engineers in London to design a breathing aid for coronavirus…

Here’s why Amazon and Instacart workers are striking at a time when you need them most

March 30, 2020 6:58 PM CNN

Workers helping to get household essentials to people across the country during the coronavirus pandemic are fed up with the companies they work for.…

Ford to build 50,000 ventilators in 100 days

March 30, 2020 5:12 PM CNN

Ford plans to make as many as 50,000 simple ventilators for coronavirus patients within 100 days and plans to continue producing 30,000 per month…

Portland’s iconic Powell’s Books rehires 100 laid-off workers to meet online surge in orders

March 30, 2020 3:48 PM CNN

Powell’s Books, the legendary Oregon-based bookstore, announced it has rehired more than 100 of its workers amid the flood of online orders it…

Oil crashes to fresh 18-year low as demand suffers unprecedented drop

March 30, 2020 1:47 PM CNN

The great oil crash of 2020 ain’t over yet. US crude plunged nearly 7% and finished at an 18-year low of $20.09 a barrel Monday as the…

These companies are racing to roll out COVID-19 treatments

March 30, 2020 1:34 PM CNN

Big Pharma companies and biotechs are racing to come up with an effective treatment for the Covid-19 novel coronavirus. Several high profile…

John Krasinski and Steve Carell gave us a mini ‘The Office’ reunion

March 30, 2020 12:38 PM CNN

Bless you John Krasinski for bringing us “Some Good News.” That’s the title of Krasinski’s new YouTube show in which he tries…

Macy’s will furlough the majority of its 125,000 employees

March 30, 2020 12:21 PM CNN

Macy’s is furloughing a majority of its 125,000 employees because of the ongoing coronavirus pandemic, which has sunk sales and forced it close…

Macy’s will furlough the majority of its 125,000 employees

March 30, 2020 12:21 PM CNN

Macy’s is furloughing a majority of its 125,000 employees because of the ongoing coronavirus pandemic, which has sunk sales and forced it close…

This company wants to turn your windows into solar panels

March 30, 2020 12:17 PM CNN

What if every window in your house could generate electricity? One Redwood City, California-based startup thinks its technology can achieve that by…

This company wants to turn your windows into solar panels

March 30, 2020 12:17 PM CNN

What if every window in your house could generate electricity? One Redwood City, California-based startup thinks its technology can achieve that by…

Macy’s to layoff most of its 130,000 workers as stores in El Paso & across nation stay shut during virus crisis

March 30, 2020 9:42 AM Associated Press, KVIA ABC-7

NEW YORK, NY — Retail giant Macy’s announced Monday that its stores, including the one at El Paso’s Cielo Vista shopping mall, will remain dark and…

Workers on the front lines risk their health to give America essential goods

March 30, 2020 10:39 AM CNN

As millions of Americans shelter inside their homes, trying to avoid exposure to the Covid-19 pandemic, many workers continue to risk exposure to the…

Trump is self-isolating at his safe space: Fox News

March 30, 2020 9:33 AM CNN

President Trump’s go-to move in a crisis is always the same: to call Fox News. On Monday morning he called into “Fox &…

Facebook is giving $25 million to news organizations, and spending $75 million more to help

March 30, 2020 8:46 AM CNN

Facebook will give $25 million in emergency grants for local news to support journalism during the coronavirus pandemic, and will spend $75 million…

Facebook is giving $25 million to news organizations, and spending $75 million more to help

March 30, 2020 8:46 AM CNN

Facebook will give $25 million in emergency grants for local news to support journalism during the coronavirus pandemic, and will spend $75 million…

Amazon workers to stage a walkout Monday, demanding closure of Staten Island facility

March 30, 2020 7:58 AM CNN

Amazon employees at the company’s Staten Island, New York, facility plan to walk off the job Monday amid allegations the online retail giant…

EasyJet grounds entire fleet while Loganair bailout looms

March 30, 2020 7:04 AM CNN

Budget airline EasyJet has become the latest carrier to suspend operations entirely because of the coronavirus. In a statement on Monday, the airline…

Is the worst over for markets? Wall Street can’t decide

March 30, 2020 6:11 AM CNN

As unprecedented stimulus efforts move through markets, banks face growing pressure from clients to say when risky assets could reach their low…

Global stocks and oil fall as investors brace for another wild week in markets

March 30, 2020 2:34 AM CNN

Global markets sank again on Monday as the coronavirus pandemic continued to worsen and after President Donald Trump announced that social distancing…

As coronavirus death toll rises, Trump focuses on a different set of numbers: TV ratings

March 29, 2020 9:33 PM CNN

A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. Numbers that matter…

As coronavirus death toll rises, Trump focuses on a different set of numbers: TV ratings

March 29, 2020 9:33 PM CNN

A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. Numbers that matter…

Instacart makes more changes ahead of planned worker strike

March 29, 2020 8:33 PM CNN

As some Instacart workers prepare to strike Monday, the company is making more updates in a bid to appease them. Instacart said Sunday that it will…

Jefferies Group CFO dies of coronavirus complications

March 29, 2020 6:49 PM CNN

The chief financial officer of Jefferies Group LLC, Peregrine “Peg” Broadbent, has died from coronavirus complications, the company said…

Columbia Sportswear CEO takes pay cut to help support employees during coronavirus crisis

March 29, 2020 6:02 PM CNN

Tim Boyle, president and CEO of Columbia Sportswear Company, is cutting his salary to keep his employees paid during the coronavirus crisis. Boyle…

Disneyland and Walt Disney World to remain closed because of coronavirus

March 29, 2020 11:50 AM CNN

LOS ANGELES. California — Disneyland in California and Walt Disney World resort in Florida will remain closed until further notice as the…

Economists and investors are flying blind through a pandemic

March 29, 2020 9:04 AM CNN

Faced with an unprecedented crisis, economists and investors are racing to understand the depth of the coronavirus recession and its aftershocks. The…