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

Retailers Say Chinese Consumer Spending Has Not Yet Recovered From COVID
Retailers Say Chinese Consumer Spending Has Not Yet Recovered From COVID
March 10, 2023  |  Consumer Finance

China’s consumer spending hasn’t seen the surge many expected after the lifting of COVID-19 restrictions. In recent comments, the CEOs of eCommerce firms JD.com and...

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Keurig Says at-Home Coffee Slows as Consumers Return to Work
Keurig Says at-Home Coffee Slows as Consumers Return to Work
February 23, 2023  |  Earnings

Three years out from the initial COVID-19 outbreak, consumers are just getting back to normal. Texas-based beverage giant Keurig Dr Pepper shared on a call...

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Alibaba’s Growth Slows Due to COVID Disruptions
Alibaba’s Growth Slows Due to COVID Disruptions
February 23, 2023  |  Retail

Chinese eCommerce giant Alibaba is still suffering the effects of COVID-19. The company released earnings results Thursday (Feb. 23) showing growth of 2%, a slower...

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Grocery Store Sales Set for SNAP Shock in March
Grocery Store Sales Set for SNAP Shock in March
February 22, 2023  |  Payment Methods

Grocers may want to brace for a slump as most states cut back food stamps. For all but a smattering of states, Supplemental Nutrition Assistance...

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Top-Rated Restaurant Noma to Shut Dining Room in Post-Pandemic Pivot
Top-Rated Restaurant Noma to Shut Dining Room in Post-Pandemic Pivot
January 10, 2023  |  Restaurant innovation

Noma shows that even the most successful restaurants’ courses have been forever altered by COVID-19. The three-Michelin-star establishment in Copenhagen, Denmark, which has many times...

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UK Watchdog: $1B of COVID Relief Loans Were Fraudulent
UK Watchdog: $1B of COVID Relief Loans Were Fraudulent
January 05, 2023  |  Security & Fraud

Recent analysis from the U.K. finds more than $1 billion in COVID relief loans involved irregularities such as fraud. An October report by the U.K. Department...

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More Than Two-Thirds of US Workforce Now Work From Home or Hybrid
More Than Two-Thirds of US Workforce Now Work From Home or Hybrid
January 04, 2023  |  Connected Economy

Mirroring increases in other pillars of the connected economy, by the third quarter of 2022, consumers were working remotely and online 10% more than they...

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Ten Big Tech Stocks Lost $4.6T Market Cap in 2022
Ten Big Tech Stocks Lost $4.6T Market Cap in 2022
January 02, 2023  |  Big Tech

The 10 top tech stocks lost a combined $4.6 trillion in market cap in 2022.  Amazon led the way by losing about $856 billion in...

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Labor Shortage Being Driven by Higher-Than-Expected Retirement Rate
Labor Shortage Being Driven by Higher-Than-Expected Retirement Rate
December 27, 2022  |  Economy

The labor shortage may continue, as many who dropped out of the workforce have retired. While it had been thought that the labor market would...

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