COVID-19

COVID-19 is caused by a coronavirus called SARS-CoV-2. Older adults and people who have severe underlying medical conditions like heart or lung disease or diabetes seem to be at higher risk for developing more serious complications from COVID-19 illness.

Source: cdc.gov

For One Restaurant, Life Before (And During) COVID-19
For One Restaurant, Life Before (And During) COVID-19
March 31, 2020  |  Coronavirus

There are seismic events that are so mammoth in scale they become shorthand for a shift in the way we live, in the way we...

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20 Payments Execs On COVID-19’s Ripple Effects — And Taming The Next Black Swan
20 Payments Execs On COVID-19’s Ripple Effects — And Taming The Next Black Swan
March 31, 2020  |  Coronavirus

The black swan glides into view, beats its wings and sends shock waves through everyday life. Shorthand for unforeseen — and unforeseeable events — a...

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Neiman Marcus To Stay Closed Through April 30; Lays Off Workers
Neiman Marcus To Stay Closed Through April 30; Lays Off Workers
March 30, 2020  |  Retail

After closing its stores earlier this month because of the coronavirus pandemic, luxury fashion retailer Neiman Marcus will now have to furlough some of its...

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North American Burger King Franchisees Get Rent Break, Cash Help
North American Burger King Franchisees Get Rent Break, Cash Help
March 30, 2020  |  Coronavirus

Burger King parent Restaurant Brands International will defer rent and boost franchisees in North America with extra cash as part of its response to the...

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Medicare Expands Advance Payments To Healthcare Suppliers
Medicare Expands Advance Payments To Healthcare Suppliers
March 30, 2020  |  B2B Payments

Medicare will start offering extra funds to healthcare suppliers across the U.S., including up to 125 percent of the normal amount for critical response hospitals,...

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Visa Transaction Volumes Take Coronavirus Hit
Visa Transaction Volumes Take Coronavirus Hit
March 30, 2020  |  VISA

Visa said it has been adversely affected by the limitations placed on people to avoid spreading the coronavirus, and its transaction volumes have severely decreased,...

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UK Retailers Under Fire For Nonessential eCommerce
UK Retailers Under Fire For Nonessential eCommerce
March 30, 2020  |  Coronavirus

Some U.K. retailers, brushing off accusations that they could be putting lives at risk during the coronavirus pandemic, have continued operating warehouses for distribution despite...

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Coronavirus Affects Millions Of Garment Makers In Bangladesh
Coronavirus Affects Millions Of Garment Makers In Bangladesh
March 30, 2020  |  International

The coronavirus outbreak has affected virtually all aspects of the economy, including the fashion industry, which has been grappling with how to pay for supply...

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Banks Look To Shoot Down Firms’ Revolver Drawdowns
Banks Look To Shoot Down Firms’ Revolver Drawdowns
March 30, 2020  |  Loans

For banks seeking to protect profits – and liquidity – keeping corporate clients from drawing down credit lines may be one way to brace against...

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