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Techlife News #443

Read the most relevant news of the week about the world of technology and its influence on our lives. New products, Apps, acquisitions in the industry, highlights about the digital world and everything about your favorite iGadgets and upgrades. Everything you need to keep well informed. A new concept of light, intelligent, innovative reading at your fingertips. A global view of Tech LifeStyle and its influence on our lives.

País:
United States
Língua:
English
Editora:
Ivan Castilho de Almeida
Periodicidade:
Weekly
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52 Edições

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5 minutos
think things are bad for airlines? it’s about to get worse

The biggest and most profitable U.S. airline just posted its first quarterly loss in more than five years. Now things are going to get really bad. Delta Air Lines Inc. reported Wednesday that it lost $534 million in the first three months of the year, when it suffered a glancing blow from the coronavirus pandemic during March. For most of the first quarter, the virus seemed like an abstraction to many Americans. Sure, it sounded dire, but it was an ocean away. Life in the U.S. unfolded normally. The economy was humming, people took business trips and leisure flights, planes were nearly full. Since then, the virus brought restrictions on travel and stoked fear of being trapped in a flying aluminum tube while sharing recycled air with people who might be infected. Travel…

5 minutos
26 million have sought us jobless aid since virus hit

More than 4.4 million laid-off workers applied for U.S. unemployment benefits last week as job cuts escalated across an economy that remains all but shut down, the government said Thursday. Roughly 26 million people have now filed for jobless aid in the five weeks since the coronavirus outbreak began forcing millions of employers to close their doors. About one in six American workers have lost their jobs in the past five weeks, by far the worst string of layoffs on record. That’s more than the number of people who live in the 10 largest U.S. cities combined. Economists have forecast that the unemployment rate for April could go as high as 20%. The enormous magnitude of job cuts has plunged the U.S. economy into the worst economic crisis since the Great Depression of…

4 minutos
legal battles loom as businesses hit by virus sue insurers

A once-bustling bar and grill tucked below a Michigan Avenue overpass famously inspired a “Saturday Night Live” skit starring John Belushi and Bill Murray. But the money the Billy Goat Tavern is losing during the coronavirus outbreak is no joke. The tavern and millions of other shuttered businesses nationwide have turned to their insurers to help recoup their losses following state-mandate closures, which combined may exceed $300 billion a month. But insurers have widely rejected the claims, so the Billy Goat joined a growing line of businesses, including barbershops and casinos, suing insurers to force them to pay. “These businesses are in the most trying times in their history and are going to their insurance company to get what they paid for,” said Chris Esbrook, a lawyer for the landmark tavern, which…

4 minutos
tyson foods idles largest pork plant as virus slams industry

Tyson Foods suspended operations at an Iowa plant that is critical to the nation’s pork supply but was blamed for fueling a massive coronavirus outbreak in the region. The Arkansas-based company said the closure of the plant in Waterloo would deny a vital market to hog farmers and further disrupt U.S. meat supply. Tyson had kept the facility, its largest pork plant, open in recent days over the objections of alarmed local officials. The plant can process 19,500 hogs per day, accounting for 3.9% of U.S. pork processing capacity, according to the National Pork Board. More than 180 infections have been linked to the plant and officials expect that number to dramatically rise. Testing of its 2,800 workers is expected to begin Friday. Cases and hospitalizations in Black Hawk County have skyrocketed in…

4 minutos
amid pandemic, charities and nonprofits face huge challenges

While celebrities and billionaires have announced huge gifts to combat the COVID-19 pandemic, many charities and nonprofits are still struggling. Donations to some churches have plummeted, and many charities have had to cancel crucial fundraising events such as galas, bike races and walkathons. There’s plenty of big-time philanthropy: Nine-figure gifts for coronavirus relief efforts — including food banks and medical research — were recently announced by billionaires Jeff Bezos, George Soros and the Bill and Melinda Gates Foundation. Nonetheless, nonprofits are facing hard times amid prolonged lockdowns and a floundering economy. “The arts and culture sectors are in trouble because they can’t earn revenue from performances and exhibitions,” said Stacy Palmer, editor of the Chronicle of Philanthropy. “Colleges and universities are worried — are people still going to see them as indispensable institutions?” In…

3 minutos
eu leaders weigh massive virus economic recovery measures

The new coronavirus is devastating lives, health care systems and economies, and European Union leaders must work together, using every lever at their disposal, to rebuild and restore public faith in the EU project, the head of the bloc’s parliament warned. Speaking to reporters after giving a speech to the bloc’s 27 leaders at the start of their video-conference summit, European Parliament President David Sassoli said “we are extremely concerned because we can see a downward spiral, and we are going to need every instrument available.” Referring to the massive U.S. aid package in 1948 that helped Europe rebuild after World War II, Sassoli said that “we’ve all called for this new Marshall Plan for Europe, but with a major difference of course. The funds will not be coming from abroad this…