BEIJING (Reuters) – China’s efforts to resolve risks among high-risk financial institutions have been hampered by slower economic conditions caused by the outbreak of the new coronavirus, the head of a provincial branch of the central bank told Reuters. The government dropped its annual growth target in its 2020 work report delivered at the open […]
Archives for May 2020
Sole Proprietorship vs. LLC – Which one is right for you?
Since the pandemic has changed many of our work lives, I’ve talked with a number of people who are starting new businesses. Some started working from home and now have more time to work on that “side hustle,” some are recently unemployed and providing freelance or “gig” services, and still others have online or other […]
David Burns: The American way of accounting for Soldier Dead – Salt Lake Tribune
Since the Civil War, Americans have observed a Memorial Day each year to honor those who have died while serving in the U.S. armed forces. Our fallen total more than a million souls (not including Confederates). But what happened to these military fallen after they died? Before a soldier can be laid to rest in […]
Why Hollywood movie-making may become more virtual in a post-coronavirus world
Sir Ian McKellen has said he was “miserable” while filming “The Hobbit,” compared to playing Gandalf in “Lord of the Rings,” because of too much virtual production, but the technology could become more common in filmmaking in a post-Covid-19 world. New Line | WireImage | Getty Images With marquee blockbusters like Warner Bros.’ “The Batman” […]
Snapdeal furloughs 50-55 employees even as demand picks up for the online retailer
Online marketplace Snapdeal has put at least 55 people, or about 7% of its full-time workforce, on a three-month furlough, according to multiple people aware of the development. The e-commerce firm has 750 staff on its payroll while another 800 of workers are on contract. A Snapdeal spokesperson confirmed the development without offering any details. […]
FMCG sales drop 34% in April; e-commerce, cash & carry show recovery in lockdown 2.0: Nielsen
The FMCG industry witnessed a sharp 34 per cent drop in sales in April due to mobility restrictions and supply side challenges during the lockdown, after registering single-digit growth in the first quarter, according to market insights firm Nielsen. The decline was mainly on account of lower sales in traditional retail channels such as grocers, […]
BMC to use app cabs’ technology to cut waiting time for ambulances
In order to reduce waiting time of patients for ambulances, the BMC has decided to make use of the technology platform of app cabs so that it can track the movement of government ambulances real-time and despatch them quickly where they are needed. Civic officials said operators of app-based cabs would provide the BMC with […]
Organizers cancel 2020 New York auto show
(Reuters) – Organizers said Friday they were canceling the 2020 New York auto show that had previously been pushed back until August, citing the ongoing coronavirus pandemic and the venue’s use as a field hospital. The show, which was initially set for early April and is typically used to unveil new vehicles, was set to […]
Finally, home delivery of liquor gets BMC nod
The BMC on Friday finally issued orders allowing home delivery of liquor during the lockdown; across-the-counter sale remains barred. Deliveries will not be allowed in containment zones, or areas where a Covid-19 patient or his high-risk contacts live. While the order permits shops to operate from Friday midnight, a retail liquor vendors’ association said its […]
Cyber criminals leak personal data of 2.9 cr Indians on dark web for free
Representative Image Cyber criminals have posted personal data of 2.9 crore job-seeking Indians on dark web for free in one of the hacking forums, according to online intelligence firm Cyble. The company had recently revealed hacking of Facebook and Sequoia-funded Indian education technology firm Unacademy. “29.1 million Indian jobseekers’ personal details leaked in deepweb for […]