Coronavirus

Coronaviruses are a group of viruses that cause diseases in mammals, including humans, and birds. In humans, the virus causes respiratory infections which are typically mild but, in rare cases, can be lethal. In cows and pigs they may cause diarrhea, while in chickens it can cause an upper respiratory disease.

Source: en.wikipedia.org

Small Retailers Struggle to Bounce Back From the Pandemic
Small Retailers Struggle to Bounce Back From the Pandemic
May 13, 2024  |  Retail

As many small- to medium-sized businesses (SMBs) have spent the last year recovering from the impact of the pandemic, mom-and-pop retailers have struggled to regain...

READ MORE >
Report: Richest 1% Increase Their Share of Post-Pandemic Wealth
Report: Richest 1% Increase Their Share of Post-Pandemic Wealth
October 09, 2023  |  Economy

The pandemic reportedly did little to close the gap between the rich and the poor. Despite some belief that a robust job market and strong...

READ MORE >
Revlon Announces Interim CEO Appointment Post Financial Restructuring
Revlon Announces Interim CEO Appointment Post Financial Restructuring
August 01, 2023  |  Retail

Cosmetics maker Revlon has announced the appointment of Elizabeth “Liz” A. Smith as interim CEO of the company, effective Tuesday (Aug. 1). Smith takes over from Debra Perelman, who...

READ MORE >
Online Groceries Secure Permanent Place in Consumer Spending on Essentials
Online Groceries Secure Permanent Place in Consumer Spending on Essentials
July 06, 2023  |  Consumer Finance

This installment of PYMNTS’ mini-series on consumer behavior popularized during the pandemic focuses on the rise of online grocery purchases. The end of lockdowns did...

READ MORE >
Report: China’s Consumer Spending Lags Due to Weak Confidence
Report: China’s Consumer Spending Lags Due to Weak Confidence
June 26, 2023  |  International

China’s lifting of COVID restrictions has reportedly not been enough to support consumer spending. Domestic travel spending remains 16% below pre-pandemic levels, home sales are slower than...

READ MORE >
One Billion Consumers at Risk of India’s COVID Vaccine Data Breach
One Billion Consumers at Risk of India’s COVID Vaccine Data Breach
June 12, 2023  |  Security & Fraud

India’s Ministry of Health and Family Welfare is investigating what it called baseless reports of a data breach of its COVID vaccine database. The ministry...

READ MORE >
Bankrupt Health Firm Envision Blames Downfall on COVID and Insurers
Bankrupt Health Firm Envision Blames Downfall on COVID and Insurers
May 15, 2023  |  Healthcare

Private equity-backed Envision Healthcare has filed for bankruptcy, citing COVID, inflation and clashes with insurers. The Tennessee-based company, backed by investment giant KKR, announced in...

READ MORE >
Lingering Pandemic-Related Trends Contribute to Labor Shortage
Lingering Pandemic-Related Trends Contribute to Labor Shortage
April 05, 2023  |  Economy

Americans are still working less than they did before the pandemic. The percentage of Americans working remains a percentage point lower than it was in...

READ MORE >
Temu Parent’s Merchandise Sales Fall 29% Amid China’s Slow Recovery
Temu Parent’s Merchandise Sales Fall 29% Amid China’s Slow Recovery
March 20, 2023  |  Retail

China’s PDD Holdings is the latest company feeling the effects of the country’s COVID recovery. On Monday (March 20), the eCommerce firm released quarterly and full-year earnings showing its...

READ MORE >