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

Coronavirus Decimates US Stock Market $1.7T In 48 Hours
Coronavirus Decimates US Stock Market $1.7T In 48 Hours
February 26, 2020  |  Investments

The U.S. stock market is spiraling downward, with the S&P 500 losing $1.737 trillion during a massive sell-off prompted by mounting fears over the coronavirus, according...

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Reading Predictive Tea Leaves With Smart, Big Data
Reading Predictive Tea Leaves With Smart, Big Data
February 26, 2020  |  Big Data

The old adage that a butterfly flaps its wings and causes a hurricane is especially apt in business. After all, ripple effects cascade across firms’...

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Temasek Cuts Raises, Bonuses Amid Coronavirus Outbreak
Temasek Cuts Raises, Bonuses Amid Coronavirus Outbreak
February 25, 2020  |  International

As the Coronavirus circulates, Temasek Holdings Pte is instituting a company-wide wage freeze and requesting that senior management accept voluntary pay reductions for as long as one...

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JPMorgan CEO: Effect Of Coronavirus On Markets Is ‘Wait And See’
JPMorgan CEO: Effect Of Coronavirus On Markets Is ‘Wait And See’
February 25, 2020  |  International

JPMorgan Chase CEO Jamie Dimon told CNBC on Tuesday (Feb. 25) that “we’ll just have to wait and see” what the fallout is from the...

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Today In Payments: Amazon Widens Presence With Cashierless Grocery Stores; Revolut Raises $500M
Today In Payments: Amazon Widens Presence With Cashierless Grocery Stores; Revolut Raises $500M
February 25, 2020  |  News

In today’s top payments news, Amazon opened its first cashierless grocery store, Revolut raised $500 million and aims to reach profitability by the end of...

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Taiwan Approves $2B Stimulus To Pad Coronavirus Effects, China Sees eCommerce Boom
Taiwan Approves $2B Stimulus To Pad Coronavirus Effects, China Sees eCommerce Boom
February 25, 2020  |  International

The parliament in Taiwan has approved a $2 billion stimulus package to help soften the effects of the coronavirus on the region’s economy, according to...

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Mastercard Warns Coronavirus Hit To Revenue In Q1
Mastercard Warns Coronavirus Hit To Revenue In Q1
February 25, 2020  |  Mastercard

Mastercard said in a statement Monday (Feb. 24) that the coronavirus outbreak could hurt its revenues this year and that caused the company’s shares to...

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COVID-19 Batters $2.5T Trade Show Events Industry
COVID-19 Batters $2.5T Trade Show Events Industry
February 25, 2020  |  International

Despite the best efforts by health workers around the world, the coronavirus continues to spread in terms of cases, fatalities and nations where it has...

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Fed: ‘Great Uncertainty’ Around Impact To US Economy
Fed: ‘Great Uncertainty’ Around Impact To US Economy
February 25, 2020  |  International

Officials with the Federal Reserve don’t know yet precisely how severe the impact from the coronavirus will be, and on Monday (Feb. 24) said they...

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