US layoffs surge as April job losses hit 7.7 million
The Labor Department reports 7.7 million U.S. workers laid off in April as offices, restaurants, stores and schools shut during the pandemic. Job openings fell 16 percent to 5 million and hires dropped 31 percent to 3.5 million, signaling a slow recovery from a rapid loss of gains. Honda reports a cyberattack disrupting operations in several countries but says data was not breached and impacts are minimal. IBM exits general purpose facial recognition amid calls for police reform and concerns over racial profiling. Cyprus opens its airports after an 11 week ban, allowing commercial flights for Israelis and other travelers from 19 countries with health certificates.
MENTIONED IN THIS ARTICLE
U.S
Labor Department
Honda
IBM
Arvind Krishna
Krishna
Congress
George Floyd
New York
Cyprus
East Mediterranean
Greece
Finland
Norway
Germany
Chinese firms rise as global pandemic donors
The report highlights Jack Ma of Alibaba and other Chinese companies donating hundreds of millions in ventilators, masks, cash, and supplies to Africa, Latin America, and Asia as China seeks to boost its image. TikTok and Tencent pledge substantial aid while Huawei markets gear amid U S security concerns and EU scrutiny.
MENTIONED IN THIS ARTICLE
Beijing
Jack Ma
Alibaba Group
Communist Party
New York
Africa
Latin America
Asia
China
Alibaba
TikTok
Tencent
United States
Lenovo
BYD Auto
Hater Smart Home
Xi Jinping
Foundation
Edward Cunningham
Ash Center
Harvard University
Kennedy School of Government
Cunningham
Walmart Inc
Amazon.com Inc
India
Twitter
Jack Dorsey
Middle East
Cisco Systems Inc
World Health Organization
United Nations
Centers For Disease Control and Prevention
France pledges 16.9 billion aid to aviation sector
France unveils a 15 billion euro rescue package to stabilize airlines and manufacturers including Airbus and Air France. The plan ties aid to accelerated investment in clean aircraft and job protections, with a joint fund and loans totaling 7 billion euros already promised to Air France. Environment groups and unions react with guarded optimism and vigilance.
MENTIONED IN THIS ARTICLE
France
Paris
Airbus
Air France
le Maire
Aon leads Chicago coalition to set back to work safety model
Aon heads a coalition of Chicago area firms including McDonald’s United Airlines Walgreens Allstate Hyatt Exelon to craft best practices for restarting the economy amid easing isolation and a vaccine lag. Plans extend to New York London Dublin Toronto and Singapore in 30 days with Gov Pritzker and Mayor Lightfoot consulting.
MENTIONED IN THIS ARTICLE
Aon
Chicago
U.S
McDonald’s
United Airlines
Walgreens
Allstate
Hyatt Hotels
Exelon
New York
London
Dublin
Toronto
Singapore
Bridget Gainer
Gainer
Illinois
J.B. Pritzker
Lori Lightfoot
Abbott Laboratories
Accenture
Beam Suntory
BMO Harris Bank
CDW
CNA Financial
ComEd
Conagra Brands
Fortune Brands
Jones Lang LaSalle
Mondelez International
Morningstar
Sterling Bay
Zurich
America
Centers For Disease Control and Prevention
CDC
Manhattan
Also Mentioned on This Page
Baltimore
Washington
Larnaca
John Nkengasong
Jack Ma Foundation
Nkengasong
Europe
European Union
Josep Borrell
Huawei Technologies Ltd
Spain
Ireland
Zambia
South Africa
Huawei
Photo
Tech For Good
Thibault Camus
THE
Associated Press
Bruno le Maire
Transport, Defense
Environment
Aeronautic
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