Articles by R. Ghosh

Federal Reserve to pump in another $2.3 trillion to help local governments, stabilize economy

The Fed will work through banks and offer four-year loans to companies with up to 10,000 employees and less than $2.5 billion in revenues in 2019

5 hours ago

Coronavirus

US weekly jobless claims hit 6.6 million; loses 10% workforce in three weeks

The total claims over the past three weeks crossed 16 million. Most job losses were in restaurants, drinking establishments and healthcare industry

7 hours ago

Coronavirus

Unemployed Americans to start getting extra payments from this week

The enhanced payment includes a $600 weekly increase for up to four months, which is above the state benefits already in place

28 hours ago

Coronavirus

Here's how Santa Clara slowed down its coronavirus cases

Santa Clara along with San Francisco and four other Bay Area counties so far have reported 3,532 coronavirus cases in a population of 6.7 million

29 hours ago

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Sex toy sales surge in Denmark, US as more people stay home amid coronavirus

A study says that one in every four Americans was using sex toys more often after going into quarantine following the coronavirus outbreak

2 days ago

Coronavirus

Global airlines could lose 25 million jobs; cannot afford refunds amid coronavirus, says IATA

The IATA said that refunds won't be viable for airlines as they are already cash strapped. Instead, government should come forward and bail them out

2 days ago

Coronavirus

GlaxoSmithKline's gene therapy to cure bubble boy disease

GlaxoSmithKline partners with Vir Biotechnology for potential coronavirus vaccine, treatments

The partnership will bring together GSK's expertise in functional genomics and Vir's monoclonal antibody platform technology

3 days ago

Coronavirus

Japan to declare emergency, gears up for $990 billion coronavirus stimulus amid criticism

The US and Germany have particularly been critical of Japan's failure to enforce social distancing in the wake of the coronavirus outbreak

3 days ago

Coronavirus

Airlines must give refunds not vouchers amid coronavirus, warns Department of Transportation

Customers have been complaining that airlines are not refunding. Instead, they are issuing vouchers to use for travel at a later date

5 days ago

Coronavirus

China's Guangxi suspends cross-border passenger transportation as imported coronavirus cases rise

The administration is also encouraging general public to report cases of illegal immigration with cash rewards between 3,000 to 10,000 yuan

5 days ago

Coronavirus

This small town around Mirandola is Italy's heartbeat in its coronavirus fight

Mirandola is home to around 100 medical companies like ventilator manufacturer Medtronic, respiratory support group Intersurgical and Fresenius SE

6 days ago

Coronavirus

3M to churn out more face masks, respirators after Trump slams company

The US President on Thursday had said that if 3M fails to follow ramp up production of ventilators and masks, it "will have a big price to pay"

6 days ago

Coronavirus

Facebook takes on Zoom with desktop version of Messenger App, as video calls surge amid coronavirus

Facebook said that there has been a 100% surge in people using desktop browser for audio and video calling on Messenger over the past few weeks

7 days ago

Facebook Coronavirus

EU announces new measures to help revive economies amid coronavirus outbreak

The measures include a short time work scheme, SURE, to help economies in the European Union. Also, there will be schemes to help farmers and fishermen

7 days ago

Coronavirus

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Germany extends social distancing until April 19; sets new social distancing rules

Chancellor Angela Merkel said that its "too early to think of loosening the restrictions." New social distancing rule doesn't make wearing masks mandatory

8 days ago

Coronavirus

World running out of protective gear to treat coronavirus; top glove maker hit by worker shortage

The WHO recently said that the US alone will require 3.5 billion face masks over the year to fight coronavirus

8 days ago

Coronavirus

US adopts new strategy; plans to makes hundreds of temporary hospitals to fight coronavirus

The US Army Corps , which has already built a few makeshift wards, aims to convert 341 temporary facilities into coronavirus care units

9 days ago

Coronavirus

More airlines ground fleets, go for furloughs, layoffs as coronavirus bites into passenger revenues

The IATA on Tuesday said that annual passenger revenues will fall by $252 billion if travel restrictions continue for three months

9 days ago

Coronavirus

Saudi Arabia announces free treatment for coronavirus patients; boosts wheat, livestock supplies

Saudi Arabia, which has reported eight deaths due to coronavirus, said that the free treatment will also include those in violation of residency laws

10 days ago

Coronavirus

Facebook grants $100 million to coronavirus-hit global news media

The social media giant will give $25 million to local news media in the US and invest another $75 million in the form of "additional marketing spend"

10 days ago

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