In addition to the wealth of COVID-specific resources you’ll find at WorkAnswers, here we’ll keep you up to date with the latest business news. You’ll find need-to-know insights, practical tips, and creative strategies companies of all sizes are using in these highly unusual times.

DateArticle
May/22/2020Law 360 - How Courts May Interpret COVID-19 Waivers Of Liability
As businesses begin to reopen, they may seek to release themselves from negligence claims for COVID-19 infections through contractual waivers of liability, but whether a waiver is enforceable varies significantly by state, says Jessica Kelly at Sherin and Lodgen.
https://www.law360.com/articles/1272808/how-courts-may-interpret-covid-19-waivers-of-liability
May/21/2020Law 360 - 4 Things To Know About Plan To Speed COVID-19 Patent Apps
A new U.S. Patent and Trademark Office program will prioritize the examination of COVID-19-related patent applications from small businesses, and while it could result in patents issuing very quickly, applicants need to make sure the program makes sense for their invention. Here are the top things to consider.
https://www.law360.com/ip/articles/1274659/4-things-to-know-about-plan-to-speed-covid-19-patent-apps
May/21/2020WSJ - Coronavirus Lockdowns Spark Boom in Online Learning for Adults, Too
The online business of teaching skills like writing, calligraphy or languages thrives; ‘we’re all seeing the minutes skyrocket’
https://www.wsj.com/articles/coronavirus-lockdowns-spark-boom-in-home-schooling-for-grown-ups-11590053401?mod=hp_lista_pos1
May/21/2020WSJ - SBA Under Spotlight as Frustrations With Small-Business Aid Programs Grow
Bipartisan lawmakers push agency for more transparency about its response to small businesses hit by coronavirus closures
https://www.wsj.com/articles/sba-under-spotlight-as-frustrations-with-aid-programs-grow-11590053400?mod=hp_lead_pos6
May/18/2020GovInfoSecurity - COVID-19: 3 Future Scenarios
Pandemic Expert Regina Phelps Outlines Potential Paths for Coronavirus
https://www.govinfosecurity.com/covid-19-3-future-scenarios-a-14270
May/17/2020CNBC - Apple’s retail reopening plan: Temperature checks, mandatory masks
Apple released a set of guidelines its retail stores will follow as they reopen.
https://www.cnbc.com/2020/05/17/apples-retail-reopening-plan-temperature-checks-mandatory-masks.html
May/17/2020Forbes - 3 Things To Consider In Preparation For Future Waves Of The Coronavirus
As more American states are cautiously flirting with the notion of reopening their economies and lifting restrictions, the fear of a second wave is prevalent.
https://www.forbes.com/sites/saibala/2020/05/16/3-things-to-consider-in-preparation-for-future-waves-of-the-coronavirus/#6389148c6b6d
May/16/2020CNBC - Many Americans are unaware of the coronavirus-related financial assistance that’s available to them
A whopping 80% of unemployed Americans say they haven’t reached out for relief measures, according to Credit Karma.
https://www.cnbc.com/2020/05/16/many-americans-are-in-the-dark-about-coronavirus-related-financial-aid.html
May/15/2020Forbes - Some 42% Of Jobs Lost In Pandemic Are Gone For Good
42% of the 36 million jobs lost since the beginning of the lockdowns are gone for good
https://www.forbes.com/sites/kenrapoza/2020/05/15/some-42-of-jobs-lost-in-pandemic-are-gone-for-good/#493b8bb650ab
May/12/2020Washington Post - The Washington Post and four other news organizations are suing the U.S. Small Business Administration for access to government records showing who received more than $700 billion in taxpayer-backed small-business loans.
https://www.washingtonpost.com/business/2020/05/12/sba-foia-lawsuit/
May/13/2020Forbes - Top 9 Questions Entrepreneurs Have on PPP Loan Forgiveness
An increasing number of entrepreneurs received loans from the Small Business Administration's Payroll Protection Program (PPP). The article provides guidance on how to spend the money to maximize the forgivable amount allowed under the program.
https://www.forbes.com/sites/kylewestaway/2020/05/13/top-9-questions-entrepreneurs-have-on-ppp-forgiveness/#5d439cc767ca
May/13/2020ABA - SBA provides safe harbor for PPP loans under $2 million
Following a recent announcement that the Small Business Administration (SBA) would review any Paycheck Protection Program loans made in amounts exceeding $2 million, the SBA on May 13, 2020 issued guidance extending an automatic safe harbor to borrowers receiving PPP loans with an original principal amount of less than $2 million. These borrowers “will be deemed to have made the required certification concerning the necessity of the loan request in good faith,” the SBA said in updates to its PPP FAQs.
https://bankingjournal.aba.com/2020/05/sba-announces-safe-harbor-for-ppp-borrowers-with-loans-for-less-than-2m/
May/14/2020WSJ (Subscription) - Working From Home Is Taking a Toll on Our Backs and Necks
Weeks of poor ergonomics on the bed or sofa have led to backaches, neck pain and headaches
https://www.wsj.com/articles/working-from-home-is-taking-a-toll-on-our-backs-and-necks-11589398420?mod=hp_lista_pos1
May/13/2020National Law Review - Protecting Business Information Assets in the “Work From Home” Environment
Many organizations were forced to suddenly pivot to a “work from home” environment (“WFH”) as COVID-19 spread across our country. However, many companies did not have the necessary technical infrastructure in place to support their full workforce on a WFH basis.
https://www.natlawreview.com/article/protecting-business-information-assets-work-home-environment
May/13/2020National Law Review - Coronavirus Lawsuits on the Horizon: Termination and Discrimination
A few of the prevailing trends in recent COVID-19 related labor and employment litigation and proactive steps employers can take to help avoid a lawsuit.
https://www.natlawreview.com/article/coronavirus-lawsuits-horizon-termination-and-discrimination
May/13/2020National Law Review - New COBRA Notices & Extended Deadlines May Create Traps for the Unwary: Benefits Guidance in the Time of COVID-19
Under the Consolidated Omnibus Budget Reconciliation Act (“COBRA”), when employment is terminated or hours are reduced and there is a loss of coverage, employers (generally those with 20 or more employees) must provide notices to covered employees and their covered spouses and dependent children explaining that they have the right to elect to continue receive health care coverage. In addition, when a covered employee dies, COBRA requires employers to notify the employee’s spouse and dependent children that they have the right to elect to continue health coverage.
https://www.natlawreview.com/article/new-cobra-notices-extended-deadlines-may-create-traps-unwary-benefits-guidance-time
May/13/2020National Law Review - Class Action Suit Claims ADA Requires Public Accommodation to Prevent Spread of COVID-19 at Facility
The proposed class action lawsuit, Schoengood, et al. v. Hofgur LLC d/b/a Queens Adult Care Center and Gefen Senior Group, No. 1:20-cv-02022 (E.D. N.Y.), is the first of its kind seeking to hold a place of public accommodation liable under Title III or Section 504 for not taking adequate measures, in the plaintiffs’ estimation, to prevent or mitigate the spread of COVID-19.
https://www.natlawreview.com/article/class-action-suit-claims-ada-requires-public-accommodation-to-prevent-spread-covid
May/13/2020Business Insider - Fed's Powell to assess next phase of pandemic economy.
Federal Reserve Chair Jerome Powell, having overseen the rapid creation of the central bank's massive network of pandemic-era programs, turns his attention Wednesday morning to where things stand on the cusp of what may be a risky reopening occurring disparately across the 50 U.S. states.
https://www.businessinsider.com/feds-powell-to-assess-next-phase-of-pandemic-economy-2020-5
May/13/2020Forbes - Poll: Majority Of Americans Say Gatherings Unsafe Until July
Americans remain worried about the safety of resuming normal life, with 2 in 3 saying gatherings of 10 or more will be unsafe until July in a poll released Wednesday.
https://www.forbes.com/sites/lisettevoytko/2020/05/13/poll-majority-of-americans-say-gatherings-unsafe-until-july/#6ab1981515da
May/12/2020Journal of Accountancy - SBA Issues PPP Guidance on Laid-off Employees Who Refuse to be Rehired
Businesses that received Paycheck Protection Program (PPP) loans can exclude laid-off employees from loan forgiveness reduction calculations if the employees turn down a written offer to be rehired, according to new guidance...
https://www.journalofaccountancy.com/news/2020/may/sba-ppp-guidance-on-laid-off-employees-refuse-to-be-rehired.html
May/12/2020National Law Review - Reopening for Business: Permissible Medical Inquiries - and Mandatory Accommodation of Vulnerable Employees
As some states are beginning to reopen for business, new legal issues are developing, such as those involving employees who fear returning to work and the implementation of modified disaster recovery plans. Among the more persistent questions: What types of medical questions can employers require employees to answer upon returning to work?
https://www.natlawreview.com/article/reopening-business-permissible-medical-inquiries-and-mandatory-accommodation
May/12/2020National Law Review - SEC Issues FAQs Regarding COVID-19 Order
On May 4, 2020, the Securities and Exchange Commission (“SEC”) issued four frequently asked questions and related responses (“FAQs”) regarding the COVID-19 Order (the SEC’s Order issued on March 25, 2020.
https://www.natlawreview.com/article/sec-issues-faqs-regarding-covid-19-order
May/11/2020National Law Review - NLRB Temporarily Changes Standard Notice-Posting Remedy during COVID-19 Pandemic
The National Labor Relations Board (NLRB) is beginning to address procedural disruptions arising due to the COVID-19 pandemic.
https://www.natlawreview.com/article/nlrb-temporarily-changes-standard-notice-posting-remedy-during-covid-19-pandemic
May/11/2020TLNT - Now is the time to mentor, develop employees
As many companies slow hiring during the coronavirus pandemic and its economic fallout, it is the perfect time to tap mentorship as a way to foster growth among current employees, says Katherine Plumhoff of PowerToFly.
https://www.tlnt.com/the-covid-19-crisis-is-a-mentorship-opportunity-heres-how-to-take-advantage-of-it/
May/11/2020Forbes - What brand purpose needs to look like right now
Businesses shouldn't attempt long-term planning during the pandemic as no one can predict what the future will look like after this period of what is "highly abnormal," writes Superunion's Jim Prior.
https://www.forbes.com/sites/jimprior/2020/05/11/business-leaders-need-to-stop-trying-to-predict-the-post-covid-world-and-focus-on-the-here-and-now/#6341cff856f8
May/11/2020Law 360 - Judges say they are likely to rely heavily on remote courtrooms as the prospect of fully reopening the justice system to its former capacity remains a distant goal
Federal and state court judges say they are likely to rely heavily on remote courtrooms, including virtual trials, as the prospect of fully reopening the justice system to its former capacity remains a distant goal for many, and case backlogs and delays continue to mount.
https://www.law360.com/articles/1271812
May/11/2020Vox - Government loans meant to bail out small businesses could become a financial burden themselves
A new report from the Office of Inspector General found that SBA has created rules counter to how Congress intended the PPP program to be administered. SBA has mandated that 75 percent of PPP loans must be spent on payroll. The Inspector General determined that tens of thousands of borrowers have used more than 25 percent to cover operational costs; these borrowers will likely be stuck with new debt.
https://www.vox.com/2020/5/9/21253012/paycheck-protection-program-debt
May/11/2020National Law Review - DHS Temporary Policy Allows Expired I-9 Identity Documents
In light of safer-at-home orders, the DHS has issued a temporary policy for Form I-9 List B identity documents. Under the policy, employers may accept certain expired List B documents from new employees. Depending on the document, employees may be required to present a valid, unexpired document within 90 days after DHS terminates the temporary policy.
https://www.natlawreview.com/article/dhs-issues-temporary-policy-i-9-identity-documents
May/10/2020Las Vegas Review Journal - Restaurants reopen, find no rush for new normal in Las Vegas
With restaurants getting the go-ahead to resume dine-in service Saturday, while adhering to specific protocols, an unscientific spot-check of dining corridors in Southern Nevada found a majority delaying their reopenings.
https://www.reviewjournal.com/entertainment/food/restaurants-reopen-find-no-rush-for-new-normal-in-las-vegas-2025045/
May/10/2020Canadian HR Reporter - Corporate culture takes a hit in pandemic: survey
Lower levels of employee engagement, mental health – and many considering career change
https://www.hrreporter.com/focus-areas/culture-and-engagement/corporate-culture-takes-a-hit-in-pandemic-survey/328923#.XqG8e8d16jM.twitter
May/08/2020Mitt Romney proposes hazard pay plan for essential workers
Senator Mitt Romney presented a plan to give essential workers a temporary pay raise. Under the "Patriot Pay" plan, essential workers making less than $50,000 a year would receive a bonus of up to $12 an hour during May, June, and July. The federal government would pay for three-quarters of the raise through a refundable tax credit.
https://www.cbsnews.com/news/mitt-romney-hazard-pay-patriot-essential-workers/
May/08/2020Biz Journals - What business leaders need to know about post Covid-19 return to work
As businesses prepare to reopen, employers will need to assess how to move forward. How can employers maintain a safe workplace for all amidst Covid-19?
https://www.bizjournals.com/milwaukee/news/2020/05/04/what-business-leaders-need-to-know-about-post.html
May/08/2020National Law Review - Re-opening amid COVID-19: Managing Higher Risk Employees
As employers plan to re-open for business or ramp up to full operations, it is critical to prepare for return to work concerns expressed by employees who have been identified by the U.S. Centers for Disease Control and Prevention (CDC) or local safer-at-home orders as high risk.
https://www.natlawreview.com/article/re-opening-amid-covid-19-managing-higher-risk-employees
May/08/2020National Law Review - Re-opening amid COVID-19: Managing Higher Risk Employees
As employers plan to re-open for business or ramp up to full operations, it is critical to prepare for return to work concerns expressed by employees who have been identified by the U.S. Centers for Disease Control and Prevention (CDC) or local safer-at-home orders as high risk.
https://www.natlawreview.com/article/re-opening-amid-covid-19-managing-higher-risk-employees
May/08/2020The Verge - WhatsApp ups limit on video calls to eight people
Available now on iOS, with an Android update expected soon
https://www.theverge.com/2020/4/28/21239549/whatsapp-eight-person-video-calls-encryption
May/08/2020Journal of Accountancy - SBA Extends Safe Harbor for Returning PPP Funds
The safe-harbor period for returning Paycheck Protection Program funds has been extended through May 14 by the US Small Business Administration.
https://www.journalofaccountancy.com/news/2020/may/sba-extends-safe-harbor-for-returning-ppp-funds.html
May/08/2020People - Old Navy Just Launched Cloth Face Masks for Adults and Children — and You Can Get 5 for Only $13
They’re available for pre-order now
https://people.com/style/old-navy-face-masks/
May/08/2020Axios - Why businesses say no to free money
Even when businesses are legally entitled to bailout funds, they will often avoid taking that money when faced with political or popular opprobrium.
https://www.axios.com/why-businesses-say-no-to-free-money-809d9b17-918a-4112-b469-c42979599d64.html
May/08/2020Axios - China is nowhere near meeting the "phase 1" trade agreement
U.S. stocks fell sharply in the final hour of trading Wednesday after President Trump seemingly reignited the trade war, telling reporters the U.S. would be evaluating whether China has complied with the "phase 1" trade deal to buy an extra $200 billion a year of U.S. goods.
https://www.axios.com/china-phase-1-trade-agreement-coronavirus-trump-84c1486e-0e12-4f86-b317-248c8ead3e0e.html
May/08/2020CNBC - Answers to your biggest questions about US stimulus programs for Covid-19 relief
Answers to your biggest questions about US stimulus programs for Covid-19 relief
https://www.cnbc.com/2020/05/05/us-stimulus-program-ppp-loan-forgiveness-and-other-questions-answered.html
May/07/2020National Law Review - WARN Act No Safe Harbor for COVID-19 Layoffs
The US DOL states that the standard provisions of the WARN Act would apply during the COVID-19 epidemic, including the provisions that call for less than 60 days of notice in certain circumstances. There are two relevant exceptions: (1) the faltering business exception and (2) the unforeseeable business circumstances exception.
https://www.natlawreview.com/article/warn-act-no-safe-harbor-covid-19-layoffs
May/07/2020CNN - This restaurant in Amsterdam introduced 'quarantine greenhouses' so diners can eat while social distancing
Missing restaurants while social distancing? You're not alone. One restaurant in the Netherlands, though, has found a solution.
https://www.cnn.com/2020/05/07/world/dutch-restaurant-reopen-greenhouse-trnd/index.html
May/07/2020Reuters - As U.S. states start to reopen, Fed official sees little sign of economic resurgence
Though states have begun to reopen their economies, it is not clear consumers are ready to venture back to the marketplace.
https://www.reuters.com/article/us-health-coronavirus-usa-reopen-idUSKBN22J30N
May/05/2020How-to-Geek - How to Reduce Microphone Background Noise on a PC
Whether you’re video conferencing with colleagues, chatting with friends, or recording content for public consumption, audio recording quality is always important. Here’s how to get a crisp, clear, audio recording and minimize background noise on a Windows PC.
https://www.howtogeek.com/670474/how-to-reduce-microphone-background-noise-on-a-pc/
May/05/2020Forbes - How Long Does It Take To Recover From COVID-19 Coronavirus And Return To Work
Recovery times tend to be about two weeks for those with mild disease and about three to six weeks for those with severe or critical disease.
https://www.forbes.com/sites/brucelee/2020/05/05/how-long-does-it-take-to-recover-from-covid-19-coronavirus-and-return-to-work/#98376d643476
May/05/2020Reuters - Texas back in business? Barely, y'all, as malls, restaurants empty
While protests across the United States demand state governments allow business to reopen and people to get back to work, the vast majority of Americans balk at relaxing stay-at-home orders too quickly, according to Reuters/Ipsos opinion polling.
https://www.reuters.com/article/us-health-coronavirus-usa-texas-idUSKBN22H19K
May/04/2020CNBC - California Gov. Gavin Newsom says some businesses will reopen Friday, with conditions
What DOES this include? Places like:, clothing stores, florists, bookstores, sporting goods stores. All with curbside pick-up. What does this NOT include at this time? Offices (can continue telework), Restaurants (seated dining), and Shopping Malls.
https://www.cnbc.com/2020/05/04/california-gov-gavin-newsom-says-some-businesses-will-reopen-friday-with-conditions.html
May/03/2020WSJ (Subscription) - Safety Advice for Reopening: How to Reduce Your Risks as Coronavirus Lockdowns Ease
As businesses reopen, we asked public-health experts for guidance on venturing out
https://www.wsj.com/articles/safety-advice-for-reopening-how-to-reduce-your-risks-as-coronavirus-lockdowns-ease-11588510800?mod=hp_lead_pos7
May/02/2020Market Watch - Millions of lost jobs may push unemployment rate to highest since Great Depression
Coronavirus could drive U.S. unemployment to 15% or higher
https://www.marketwatch.com/story/millions-of-lost-jobs-may-push-unemployment-rate-to-highest-since-great-depression-2020-05-02
May/01/2020CMO - 15 Mind-Blowing Stats About Workforce Productivity
Many people from all over the United States are trying their hand at remote work for the very first time.
https://cmo.adobe.com/articles/2020/4/15-mind-blowing-stats-about-workforce-productivity-when-working-.html
Apr/30/2020WSJ (Subscription) - Federal Reserve Expands Business-Lending Program
The Federal Reserve will expand loan offerings and qualification rules for its forthcoming $600 billion lending effort designed to reach small and mid-size businesses hit by the coronavirus pandemic, the central bank said today. The Main Street Lending Program, unveiled earlier this month, will now allow larger businesses to participate, and it will relax minimum-loan amounts to help more small businesses.
https://www.wsj.com/articles/federal-reserve-expands-business-lending-program-11588255229?mod=djemalertNEWS
Apr/30/2020Databreach Today - Privacy in the Pandemic Era
IAPP's Omer Tene on Why Privacy Issues Are More Important Than Ever
https://www.databreachtoday.com/privacy-in-pandemic-era-a-14197
Apr/29/2020JofA - AICPA Recommends Federal Loans Backed by Accounts Receivable
The AICPA, citing a continuing need for short-term liquidity in the marketplace, recommended Tuesday the creation of a federally backed lending facility that would provide loans to small businesses that pledge their future receivables.
https://www.journalofaccountancy.com/news/2020/apr/aicpa-recommends-federal-loans-backed-by-accounts-receivable-coronavirus-recovery.html
Apr/29/2020Accounting Web - CARES Act Bestows Four Charitable Tax Breaks
During this time of national crisis, well-meaning individuals and business owners are pitching in, offering their support through various means. Accordingly, the CARES) Act includes several tax incentives for charitable giving.
https://www.accountingweb.com/tax/individuals/what-tax-breaks-does-the-cares-act-offer-for-charitable-giving
Apr/28/2020USA Today - Workers face 'uphill battle' proving firms liable if they catch COVID-19 as economy reopens
A handful of states are reopening for business following coronavirus-triggered lockdowns, raising two compelling questions: Must employers ensure the workplace is safe? And will they be held liable if employees contract the virus?
https://www.usatoday.com/story/money/2020/04/28/coronavirus-can-you-sue-if-you-get-covid-19-work/3035422001/
Apr/28/2020Forbes - Georgia Restaurants Opened Their Doors Today—Here’s How It Went
For those that did reopen, though, it wasn’t life as normal: Restaurants are required to adhere to a set of 39 guidelines laid out by the state government, including a mandate that all employees wear masks, owners screen employees for signs of illness, and restrictions on the amount of customers allowed inside at the same time.
https://www.forbes.com/sites/jackbrewster/2020/04/27/georgia-restaurants-opened-their-doors-today---heres-how-it-went/#3f3635303b80
Apr/28/2020Washington Post - New York edges toward lifting some coronavirus restrictions in some areas in May
Hard-hit New York edged toward lifting restrictions meant to limit the spread of the deadly novel coronavirus on Monday despite a shortage of testing.
https://www.washingtonpost.com/politics/new-york-edges-toward-lifting-some-coronavirus-restrictions-in-some-areas-in-may/2020/04/27/b8ab5b06-889d-11ea-9dfd-990f9dcc71fc_story.html
Apr/28/2020CNBC - The US will need to spend trillions more as economy takes until 2022 to fully recover: CNBC survey
GDP will decline by 24% this quarter, respondents to the survey predicted. The unemployment rate will rise as high as 19% and remain elevated through next year, they said. Other highlights of the survey: rates will remain at zero the rest of year, stocks will finish lower from here and there is a strong chance of a second contagion.
https://www.cnbc.com/2020/04/28/cnbc-fed-survey-the-us-will-need-to-spend-trillions-more-as-economy-takes-until-2022-to-fully-recover.html
Apr/28/2020CNBC - Small business loans above $2 million will get full audit to make sure they’re valid, Mnuchin says<br> Treasury Secretary Steven Mnuchin told CNBC on Tuesday the government will perform a full audit on any company taking out more than $2 million from the small business loan program.
https://www.cnbc.com/2020/04/28/small-business-loans-above-2-million-will-get-full-audit-to-make-sure-theyre-valid-mnuchin-says.html
Apr/27/2020Daily Mail - Australia: Buffets banned, no water jugs and no standing on buses: The big changes to your everyday life that could be brought in after coronavirus lockdown restrictions are relaxed
Prime Minister Scott Morrison said review of restrictions to take place on May 11
https://www.dailymail.co.uk/news/article-8259729/Buffets-BANNED-good-coronavirus.html
Apr/27/2020WSJ (Subscription) - Small-Business Loan Program Resumes With Reports of Delays
The government resumed taking applications for its $660 billion aid program for small businesses hit by the fallout of the coronavirus outbreak—and with the resumption came a fresh chorus of complaints over delays and glitches in the process. The Small Business Administration’s electronic loan portal was overwhelmed by demand, according to banking industry groups, who say the process was also stymied by last-minute changes in guidance on how to submit applications.
https://www.wsj.com/articles/small-business-loan-program-resumes-with-reports-of-delays-11588013225?mod=djemalertNEWS
Apr/27/2020LVRJ - Some Las Vegas Strip workers wary of returning during pandemic
It’s not just visitors who Las Vegas Strip casino operators may need to persuade to come back.
https://www.reviewjournal.com/business/casinos-gaming/some-las-vegas-strip-workers-wary-of-returning-during-pandemic-2015674/
Apr/24/2020CNBC - As working from home becomes more widespread, many say they don’t want to go back
Once the economy reopens, 24% say they’d like to work either entirely or more from home compared to how they worked before, while 55% plan to head back to the office.
https://www.cnbc.com/2020/04/24/as-working-from-home-becomes-more-widespread-many-say-they-dont-want-to-go-back.html
Apr/26/2020Marketwatch - In 3 steps, fold a T-shirt into a balaclava in 30 seconds (no elastic required)
Do you need a face mask in a hurry? This method is even easier and faster than the DIY mask video by U.S. Surgeon General Jerome Adams
https://www.marketwatch.com/story/in-3-easy-steps-fold-a-t-shirt-into-a-face-mask-in-30-seconds-no-elastic-required-2020-04-23
Apr/26/2020CNBC - Microsoft technology chief explains how A.I. could someday help rural people get through a pandemic
Microsoft CTO Kevin Scott wrote a new book with Greg Shaw, “Reprogramming the American Dream,” which talks about the use of AI and other technology to improve the lives of rural Americans.
https://www.cnbc.com/2020/04/26/microsoft-cto-ai-can-help-rural-people-ride-out-covid-19.html
Apr/25/2020CNBC - He was approved for a Paycheck Protection Program loan. Here’s his advice to business owners who want one, too
The attitude of the whole team after the loan was 100% different. We can think of running the business now. - Fabian Videla
https://www.cnbc.com/2020/04/25/how-one-small-business-owner-got-the-paycheck-protection-program-loan.html
Apr/24/2020The Hill - Trump signs $484 billion coronavirus relief package
President Donald Trump has signed legislation providing $484 billion to replenish a popular small business lending program and support hospitals and COVID-19 testing amid the coronavirus pandemic. The measure includes an additional $310 billion in funding for the Paycheck Protection Program (PPP), $60 billion of which is reserved for community banks and small lenders; $75 billion for hospitals; $25 billion to support testing efforts; and $60 billion for emergency disaster loans and grants.
https://thehill.com/homenews/administration/494412-trump-signs-484-coronavirus-relief-package
Apr/24/2020Accounting Today - Working From Home? Beware of the Doom Loop
We should be able to handle a few months of working from home. It’s going to be fine. Again, just make sure that none of your habits during this temporary break in our work routine turn into self-destructive lifelong habits. After 60 days, they’ll get harder and harder to break.
https://www.accountingtoday.com/opinion/working-from-home-beware-of-the-doom-loop
Apr/24/2020CNBC - US Issues New Guidance for Small Business Loans, Pressures Public Companies to Return Funds
The Small Business Administration issued new guidance on Thursday that makes it “unlikely” that big publicly traded companies can access the next round of funding for the U.S. government’s small business relief program.
https://www.cnbc.com/2020/04/23/us-issues-new-guidance-for-small-business-loans-to-make-it-harder-for-public-companies-to-get-funds.html
Apr/24/2020Fox Business - PPP Coronavirus Loans: Forgiveness May Not be as Simple as Business Owners Think
“What’s becoming evident is on the forgiveness side, it is going to be a little more difficult than they realize,” Robert Spence, a certified financial planner at Raymond James, told FOX Business. “The devil’s in the details … "
https://www.foxbusiness.com/features/ppp-coronavirus-loan-forgiveness-business-owners
Apr/23/2020Washington Post - How to get a small-business loan under the new $484 billion coronavirus aid package
A $484 billion coronavirus aid deal finalized Tuesday promises to breathe new life into two small-business loan programs that are designed to combat the economic devastation caused by the coronavirus.
https://www.washingtonpost.com/business/2020/04/22/small-business-loan-faq/
Apr/23/2020

WTMJ - $310B for small business loans likely spoken for, banks say
Small business owners still applying for loans under the government’s coronavirus relief program may end up disappointed — the $310 billion being added to the program may already be spoken for.
https://wtmj.com/national/2020/04/23/310b-for-small-business-loans-likely-spoken-for-banks-say/

Apr/22/2020CNN - “We did everything right” - small businesses left in limbo waiting for government loans
The federal money for Main Street was supposed to come fast. But most small business owners still haven't received any aid from the federal government, let alone approvals for it yet -- even though many applied at the earliest opportunity.
https://www.cnn.com/2020/04/22/success/small-businesses-that-missed-out-on-loans/index.html
Apr/23/2020Marketwatch - What pandemic? How Goldman Sachs and Amazon may bring the office home for these interns.
With internships from Disney to Airbnb canceled, companies are exploring bringing offices to interns’ homes
https://www.marketwatch.com/story/what-pandemic-how-goldman-sachs-and-amazon-may-bring-the-office-home-for-these-interns-2020-04-23
Apr/22/2020Bloomberg - Food Rationing Is New Reality for Buyers Once Spoiled for Choice
North American retailers curb purchases of milk, pasta sauce, and possible meat shortage looms as packers grapple with virus
https://www.bloomberg.com/news/articles/2020-04-21/food-rationing-is-new-reality-for-buyers-once-spoiled-for-choice?srnd=premium
Apr/22/2020CNN - 90% of the world's students are in lockdown. It's going to hit poor kids much harder than rich ones
The inequality gap between rich and poor, present in education systems at the best of times, is being exacerbated by school closures worldwide
https://www.cnn.com/2020/04/22/world/coronavirus-vulnerable-children-intl-gbr/index.html
Apr/21/2020LVJR - Ex-Cirque star develops COVID-19 fashion line
The Baobab Stage proprietor and former “Zumanity” artist has launched a new line of COVID-19 pieces.
https://www.reviewjournal.com/entertainment/entertainment-columns/kats/ex-cirque-star-develops-covid-19-fashion-line-2010485/
Apr/21/2020CNBC - Schumer says he believes Senate will pass small business bill Tuesday, with ‘agreement on just about every issue’
Democrats and Republicans were negotiating a deal that would allocate $310 billion more into the Paycheck Protection Program. Another $60 billion would go to the Economic Injury Disaster Loan program, which offers loans for small businesses administered by the Small Business Association. Mnuchin has said the deal could include $75 billion for hospitals and $25 billion for testing. https://www.cnbc.com/2020/04/21/coronavirus-relief-schumer-believes-senate-will-pass-small-business-bill.html
Apr/21/2020LVRJ - Reopened Wynn Resorts will have thermal cameras, masks, CEO says
Wynn Resorts Ltd.'s CEO hopes to see the Las Vegas Strip "slowly begin" to reopen in the next month.
https://www.reviewjournal.com/business/casinos-gaming/reopened-wynn-resorts-will-have-thermal-cameras-masks-ceo-says-2010013/
Apr/21/2020National Restaurant Association: Restaurants need $240 billion bailout as job losses reach 8 million
Nation's Restaurant News - NRA introduces ‘Blueprint for Recovery’ plan to ‘save the industry from ruin
https://www.nrn.com/news/national-restaurant-association-restaurants-need-240-billion-bailout-job-losses-reach-8-million
Apr/21/2020Bloomberg - Marriott CEO Says Coronavirus Pandemic Will Change Hotel Stays
Marriott International Inc. is working on new ways to protect guests and hotel workers
https://www.bloomberg.com/news/articles/2020-04-20/marriott-ceo-says-coronavirus-pandemic-will-change-hotel-stays
Apr/20/2020CNBC - Marc Andreessen asks why we don’t build things anymore — here are some possible answers
His solution: We need to rekindle the desire to build things in this country. We have the money, we have the know-how, but we lack the desire.
https://www.cnbc.com/2020/04/20/marc-andreessen-calls-to-build-things---heres-why-we-dont.html
Apr/20/2020CNBC - Insurers are denying coronavirus claims. Restaurants are fighting back
Restaurants are lobbying lawmakers and suing insurers to get their payouts.
https://www.cnbc.com/2020/04/20/insurers-are-denying-coronavirus-claims-restaurants-are-fighting-back.html
Apr/20/2020CNBC - In-office Zooms, more breaks, testing – Dr. Scott Gottlieb offers advice to reopening businesses
Dr. Scott Gottlieb told CNBC on Monday that employers need to have specific plans in place for how to safely return workers to the office or shop floor.
https://www.cnbc.com/2020/04/20/coronavirus-scott-gottlieb-on-how-workers-can-safely-return-to-office.html
Apr/20/2020CNBC - Senate nears $370 billion deal for coronavirus small business loan programs
As of Sunday night, Senate Democrats and Republicans were negotiating a deal that would allocate $310 billion more into the Paycheck Protection Program, setting aside $60 billion for rural and minority groups
https://www.cnbc.com/2020/04/19/mnuchin-pelosi-say-very-close-to-a-deal-on-second-round-of-small-business-loans.html
Apr/20/2020WSJ (Subscription) - To Get Back to Work, Companies Seek Coronavirus Tests for Workers
Testing workers for Covid-19 could prevent the virus’s spread and boost confidence about coming back to work, but it’s no easy undertaking, medical experts say
https://www.wsj.com/articles/to-get-back-to-work-companies-seek-coronavirus-tests-for-workers-11587375003?mod=hp_lead_pos5
Apr/19/2020NY Times - ‘I Didn’t Want to Shut My Doors’: Businesses Find Ways to Survive
Faced with closings and plunging sales while more Americans lose their jobs, entrepreneurs are becoming more nimble.
https://www.nytimes.com/2020/04/17/your-money/small-business-survival-strategy-coronavirus.html
Apr/19/2020CNBC - How 3-D printing is helping the US fight medical equipment shortages and the coronavirus pandemic
  • COVID-19 has transformed 3-D printing, and companies like Stratasys, Shapeways and Carbon are rushing to rapidly produce much needed medical test equipment, ventilator components and face masks during the coronavirus pandemic.
  • A downside to 3-D design innovation is that many products haven’t worked, and companies in the sector have disappointed investors in financial performance.
https://www.cnbc.com/2020/04/17/how-3-d-printing-is-helping-the-us-fight-the-coronavirus-pandemic.html
Apr/19/2020CNBC - How the coronavirus and retail closures are accelerating the rise of Amazon
Amazon is positioned to be one of the biggest beneficiaries of the broader collapse in retail, as it attracts new customers who are stuck at home and are now turning to the platform for essential goods.
https://www.cnbc.com/2020/04/19/coronavirus-retail-closures-speed-the-rise-of-amazon.html
Apr/19/2020WSJ (Subscription) - Tools to Help You Keep Your Distance as More People Go Outside
Outdoor-activity apps, in-store traffic updates and augmented-reality rulers can help as social distancing gets harder
https://www.wsj.com/articles/tools-to-help-you-keep-your-distance-as-more-people-go-outside-11587214801?mod=hp_lead_pos11
Apr/19/2020WSJ (Subscription) - Walmart’s Coronavirus Challenge Is Just Staying Open
The pandemic has put 10% of its workforce on leave and prompted the retailer to start requiring all staff to wear masks
https://www.wsj.com/articles/walmarts-coronavirus-challenge-is-just-staying-open-11587221657?mod=hp_listb_pos1
Apr/18/2020CNBC - Here’s what life after shelter-in-place may look like in the US based on what’s happening in China and South Korea
While many parts of the U.S. are under shelter-in-place orders in an effort to slow the spread of the coronavirus, China is beginning to ease some of the restrictions on its residents.
https://www.cnbc.com/2020/04/18/china-and-south-korea-what-life-may-look-like-after-shelter-in-place.html
Apr/18/2020CNBC - Could you get PTSD from your pandemic experience? The long-term mental health effects of coronavirus
Experiencing intense flashbacks, nightmares, irritability, anger and fear? In the face of a traumatic event like the Covid-19 pandemic, it’s common to feel this way.
https://www.cnbc.com/2020/04/17/long-term-mental-health-ptsd-effects-of-covid-19-pandemic-explained.html
Apr/18/2020WSJ - Young Americans Are Still Catching Up From the Last Recession. Now They Face a New One.
Millennials take stock of their finances and prepare for financial uncertainty yet again
https://www.wsj.com/articles/young-americans-are-still-catching-up-from-the-last-recession-now-theres-a-new-one-11587170863
Apr/18/2020WSJ (Subscription) - Coronavirus Forces Tech Startup Founders to Grow Up Fast
The drive to go-big-or-go-home has been replaced by a desperate effort to conserve cash just to survive
https://www.wsj.com/articles/coronavirus-tech-startup-founders-silicon-valley-economy-11587163061?mod=hp_lead_pos8
Apr/17/2020LA Times - Texas and Florida easing some coronavirus restrictions as Trump pushes for reopening
Pressured by President Trump to reopen the economy amid the coronavirus outbreak, governors across the nation on Friday laid out varying paths as they tried to balance public health with the crushing financial pressures facing the nation’s workers. Texas is opening its parks and Florida’s governor told local officials they could let beachgoers return.
https://www.latimes.com/world-nation/story/2020-04-17/coronavirus-states-reopening-trump
Apr/16/2020WSJ (Subscription) - Funding Exhausted for $350 Billion Small-Business Paycheck Protection Program
Lawmakers again fell short of an agreement on the next round of coronavirus emergency aid as a $350 billion loan program for small businesses ran out of money and millions more Americans filed for employment benefits, bringing fresh urgency to the negotiations.
https://www.wsj.com/articles/funding-exhausted-for-350-billion-small-business-paycheck-protection-program-11587048384?mod=djemalertNEWS
Apr/17/2020FTC - FTC Announces Latest Round of Letters Warning Companies to Cease Unsupported Claims that Their Products Can Treat or Prevent Coronavirus
Continuing its efforts to protect consumers from scams and deceptive pitches related to the coronavirus pandemic, the Federal Trade Commission announced it has sent 10 additional letters warning companies, both in the United States and abroad, to cease making unsubstantiated claims that their products can treat or prevent coronavirus disease.
https://www.ftc.gov/news-events/press-releases/2020/04/letters-warning-companies-cease-unsupported-coronavirus-claims
Apr/17/2020CPA Practice Advisor - Coronavirus: How Accounting Firms Are Adjusting Their Business Operations
Specifically, researchers asked a group of 15 influential individuals working in local, regional and international public accounting firms about when they recognized the seriousness of the crisis, how the pandemic has affected their client and ...
https://www.cpapracticeadvisor.com/firm-management/news/21134339/coronavirus-how-accounting-firms-are-adjusting-their-business-operations
Apr/16/2020SHRM - What Will Reopening Workplaces Look Like?
When U.S. mayors and governors eventually lift the social distancing orders they imposed to curb the coronavirus outbreak, reopening businesses likely won't be as simple as switching on the lights and welcoming employees back to their desks.
https://www.shrm.org/ResourcesAndTools/hr-topics/employee-relations/Pages/Employers-Employees-Likely-to-Find-a-New-World-at-Work-.aspx
Apr/17/2020WSJ (Subscription) - Volkswagen Reopens Europe Plants, Offering a Vision of the Postvirus Factory
The world’s biggest car maker will require workers to check their temperatures at home, bring their own lunch
https://www.wsj.com/articles/volkswagen-reopens-europe-plants-offering-a-vision-of-the-post-virus-car-factory-11587140348?mod=hp_lead_pos4
Apr/17/2020CNBC - Coronavirus bill talks will go through the weekend after small business funds dry up, Schumer says
  • Chuck Schumer said Democrats and the Trump administration will talk through the weekend about another emergency coronavirus relief bill.
  • Democrats have sought more funding for hospitals and state and local governments as Republicans try to replenish a small business loan program approved last month.
https://www.cnbc.com/2020/04/17/coronavirus-relief-bill-talks-will-continue-through-weekend-schumer-says.html
Apr/17/2020USA Today - Whole Foods is converting some stores to online-only to help meet coronavirus demand. Is your store affected?
Whole Foods Market is the latest retailer to adjust to the way consumer behavior is changing during the coronavirus pandemic.
https://www.usatoday.com/story/money/food/2020/04/17/coronavirus-demand-whole-foods-converts-some-stores-online-only/5141287002/
Apr/17/2020Marketwatch - Slow Chinese economy casts doubt on speed of U.S. recovery, analysts say
Chinese consumer spending contracted by 15.8% in March
https://www.marketwatch.com/story/slow-chinese-economy-casts-doubt-on-speed-of-us-recovery-analysts-say-2020-04-17
Apr/17/2020WSJ (Subscription) - A Reassuring Approach to Cooking, Three Ingredients at a Time<br> You’ll be surprised (and relieved) to find how many different meals you can get from a trio of foods you like
https://www.wsj.com/articles/a-reassuring-approach-to-cooking-three-ingredients-at-a-time-11587126344?mod=hp_listc_pos1
Apr/17/2020WSJ (Subscription) - Layoff Alternative Grows in Popularity During Coronavirus
Businesses increasingly turning to programs that reduce worker hours while providing unemployment benefits
https://www.wsj.com/articles/layoff-alternative-grows-in-popularity-during-coronavirus-11587115802?mod=hp_lead_pos4
Apr/17/2020CNBC - If Sanofi’s coronavirus vaccine works, CEO says it can produce up to 600 million doses next year
French drugmaker Sanofi expects to produce up to 600 million doses of its coronavirus vaccine next year if its clinical trials with GSK go as planned.
https://www.cnbc.com/2020/04/17/if-sanofis-coronavirus-vaccine-works-ceo-says-it-can-produce-up-to-600-million-doses-next-year.html
Apr/17/2020CNBC - New York Fed President Williams says the economy won’t be back to ‘full strength’ by end of 2020
While he sees pockets of the economy, such as construction, coming back, he expects people to continue to be reluctant to attend big public gatherings.
https://www.cnbc.com/2020/04/17/new-york-fed-president-williams-says-the-economy-wont-be-back-to-full-strength-by-end-of-2020.html
Apr/16/2020Data Breach Today - COVID-19 Pandemic Puts Privacy at Crossroads
Cryptologist Vanessa Teague Says It's Possible to Trace Contacts and Respect Privacy
https://www.databreachtoday.com/covid-19-pandemic-puts-privacy-at-crossroads-a-14114
Apr/16/2020Data Breach Today - Microsoft Issues Patches for 3 Zero-Day Vulnerabilities
Software Giant Had Previously Warned 2 Vulnerabilities Were Being Exploited
https://www.databreachtoday.com/microsoft-issues-patches-for-3-zero-day-vulnerabilities-a-14127
Apr/16/2020Data Breach Today - Pandemic Creates 'Perfect Storm' for Insider Threat
Researcher Randy Trzeciak on How to Monitor and Mitigate Heightened Risks
https://www.databreachtoday.com/pandemic-creates-perfect-storm-for-insider-threat-a-14123
Apr/16/2020LexisNexis - Maintaining Your Law Firm’s Culture and Client Service While Working from Home
Whenever employees find themselves working from home for the very first time, they usually discover that it’s not as easy as it seems. Fortunately, most attorneys are already comfortable working remotely.
https://www.lexisnexis.com/community/lexis-legal-advantage/b/insights/posts/maintaining-your-law-firm-s-culture-and-client-service-while-working-from-home
Apr/16/2020How to Geek - 6 Ways to Get More Out of Microsoft Planner
Microsoft Planner is pretty simple to use, but some of its more useful features aren’t front and center. If you’re just creating and moving tasks, here are six ways to get a bit more out of Planner. Here’s everything you need to know.
https://www.howtogeek.com/662390/6-ways-to-get-more-out-of-microsoft-planner/
Apr/16/2020CFO - Dynamic Cash-Flow Forecasting — A Must-Have in Times of Crisis
Having a model that is dynamic, easily updated for changing conditions, and able to support iterative scenario analysis isn’t a luxury; it’s a necessity.
https://www.cfo.com/cash-flow/2020/03/dynamic-cash-flow-forecasting-a-must-have-in-times-of-crisis/
Apr/16/2020WSJ (Subscription) - Companies Devote Shrinking Tech Budgets to Cloud, AI
Coronavirus pandemic has put premium on technology that supports agility, according to IDC report
https://www.wsj.com/articles/companies-devote-shrinking-tech-budgets-to-cloud-ai-11587029400?mod=business_minor_pos10
Apr/16/2020WSJ (Subscription) - Small-Business Aid Package Excludes Many Franchises in Coronavirus Crisis
SBA says commercial cleaners, home-repair firms and other businesses aren’t eligible for the funds
https://www.wsj.com/articles/small-business-aid-package-excludes-many-franchises-in-coronavirus-crisis-11587029401
Apr/16/2020CNBC - Jeff Bezos: Widespread coronavirus testing needed before economy can get running again
In his annual shareholder letter, he said he hopes to test Amazon workers, including those with no symptoms.
https://www.cnbc.com/2020/04/16/jeff-bezos-releases-amazon-annual-shareholder-letter.html
Apr/16/2020US home construction collapsed 22.3% in March
Groundbreakings occurred last month at a seasonally adjusted annual rate of 1.2 million units, down from a 1.56 million pace in February, the Commerce Department said.
https://www.cnbc.com/2020/04/16/us-housing-starts-march-2020.html
Apr/15/2020HBSWeek - Small Businesses Are Worse Off Than We Thought
A survey of small-business owners shows that lack of liquidity and skepticism of government programs are compounding COVID crisis recovery efforts.
https://hbswk.hbs.edu/item/small-businesses-are-worse-off-than-we-thought?cid=spmailing-32127802-WK%20Newsletter%2004-15-2020%20(1)-April%2015,%202020
Apr/15/2020CNBC - The economic data is even worse than Wall Street feared: ‘The economy is clearly in ruins here’
Consumer and manufacturing reports for March showed the hit to the economy from the coronavirus was deeper in the early weeks of the shutdown than expected.
https://www.cnbc.com/2020/04/15/the-economic-data-is-even-worse-than-wall-street-feared-the-economy-is-clearly-in-ruins-here.html
Apr/15/2020TMZ - JON TAFFER: DINING OUT WILL LOOK WAY DIFFERENT... Future All About Trust
Jon Taffer has a good idea what your favorite restaurant is going to look like when the pandemic smoke clears, and says the new key to culinary success won't be taste.
https://www.tmz.com/2020/04/15/jon-taffer-bar-rescue-restaurants-change-coronavirus-trust-safety-distancing/
Apr/15/2020CNN - Here's why you probably shouldn't share your old senior photos on Facebook
In an act of social media solidarity with high school seniors who are finishing out their final semester at home, Facebook users are sharing their own senior photos with the hashtag #ClassOf2020.
https://www.cnn.com/2020/04/15/tech/facebook-senior-photo-scam-trnd/index.html
Apr/15/2020American Banker - BankThink Dear Congress: Don’t let initial PPP be final word on small-business aid
Many small businesses are locked out of the $350 billion in stimulus loans that Congress recently authorized simply because the business owner banks with the “wrong” financial institution — a bank that does not make Small Business Administration loans or an SBA lender that opted not to participate in the new Paycheck Protection Program.
https://www.americanbanker.com/opinion/dear-congress-dont-let-the-initial-ppp-be-the-final-word-on-aid-to-small-businesses
Apr/15/2020Washington Post - Another SBA program is severely backlogged, running low on fund
Small businesses that apply are supposed to receive emergency cash within three days. Many have been waiting weeks.
https://www.washingtonpost.com/business/2020/04/15/another-sba-program-is-severely-backlogged-running-low-funds/
Apr/15/2020Data Breach Today - Investing in Cybersecurity's Post-Pandemic Future
Hank Thomas of Strategic Cyber Ventures on How the Industry Is Poised to Emerge From Crisis
https://www.databreachtoday.com/investing-in-cybersecuritys-post-pandemic-future-a-14112
Apr/15/2020Researchers: Fake Fingerprints Can Bypass Biometric Sensors
Study Shows Fingerprints Made With 3D Printer Can Fool Sensors, But Process Is Difficult
https://www.databreachtoday.com/researchers-fake-fingerprints-bypass-biometric-sensors-a-14122
Apr/15/2020ZD Net - Raspberry Pi sales jump: Here's why the tiny computer's in demand in coronavirus crisis
Lockdown means more home and education use, plus the Pi finds a place in the battle to save coronavirus patients.
https://www.zdnet.com/article/raspberry-pi-sales-jump-heres-why-the-tiny-computers-in-demand-in-coronavirus-crisis/
Apr/15/2020First Coronavirus Saliva Testing Site Opens In U.S. After Emergency FDA Authorization
The first U.S. coronavirus saliva testing site opens Wednesday in New Jersey after the Food and Drug Administration granted emergency authorization for the method, which healthcare experts say is quicker, more scalable and safer to administer as the virus continues to spread across the country.
https://www.forbes.com/sites/lisettevoytko/2020/04/15/first-coronavirus-saliva-testing-site-opens-in-us-after-emergency-fda-authorization/#7b1872dbf2b9
Apr/15/2020Washington Post - The Technology 202: Apple is now helping officials track how well coronavirus social distancing works
Apple is the latest tech company to tap its troves of consumer data to help public officials fight the coronavirus.
https://www.washingtonpost.com/news/powerpost/paloma/the-technology-202/2020/04/15/the-technology-202-apple-is-now-helping-officials-track-how-well-coronavirus-social-distancing-works/5e9608ce88e0fa101a762a61/
Apr/15/2020Washington Post - U.S. stocks plunge amid steep fall in bank earnings, retail sales
American consumers prop up about 70 percent of the country’s economy, but spending at restaurants, retail stores, malls and the like has essentially hollowed out
https://www.washingtonpost.com/business/2020/04/15/retail-figures-coronavirus-march/
Apr/15/2020Statistics Canada for first time ever releases GDP data early — and it's the worst on record
'Economic disruptions have been both deep and widespread in the month of March'
https://business.financialpost.com/news/economy/canadas-march-gdp-shrinks-a-record-9-from-february-statscan-flash-estimate?video_autoplay=true
Apr/15/2020USA Today - Air travel recovery 'could take 4 or 5 years' as airlines look to split first round of government aid
The nation’s biggest airlines have tentatively agreed to terms for $25 billion in government aid to pay workers and avoid massive layoffs in an industry that has been slammed by the coronavirus pandemic.
https://www.usatoday.com/story/travel/airline-news/2020/04/15/coronavirus-stimulus-airlines-splitting-25-billion-payroll-aid/5136396002/
Apr/15/2020CNBC - New York manufacturing hits record low reading of -78.2 amid coronavirus collapse
The worst reading the index had seen was -34.3 during the financial crisis. https://www.cnbc.com/2020/04/15/new-york-manufacturing-hits-record-low-reading-of--78point2-amid-coronavirus-collapse.html
Apr/15/2020Washington Post - Here’s what reopening the economy is likely to look like: More masks, fewer workers, high unease
The situation at the Port of Los Angeles is a case study of what’s ahead for the rest of the country when it’s eventually time to try to reopen.
https://www.washingtonpost.com/business/2020/04/14/economy-reopenings/
Apr/15/2020Washington Post - JPMorgan Chase, Wells Fargo prepare for big economic downturn
The banks set aside billions to offset potential losses as businesses and consumers struggling with the coronavirus stop paying their bills.
https://www.washingtonpost.com/business/2020/04/14/bank-profits-coronavirus/
Apr/15/2020Washington Post - Weed is deemed ‘essential’ in California, but many pot businesses are on the brink of failure
The industry has been hammered by high taxes, local opposition to retail stores, the vaping crisis and more. The coronavirus creates a new opportunity and another potential crisis.
https://www.washingtonpost.com/business/2020/04/14/california-weed-industry-coronavirus/
Apr/15/2020CNBC - Restaurant owner says small business loan not enough to immediately bring workers off furlough
Junior’s Cheesecake owner Alan Rosen said Tuesday that the money the company has received through the small business loan program is not enough to immediately bring workers off furlough.
https://www.cnbc.com/2020/04/14/juniors-cheesecake-owner-says-ppp-loan-not-enough-to-bring-workers-back.html
Apr/14/2020WSJ (Subscription) - Treasury, Airlines Reach Agreement on Aid
The biggest U.S. airlines reached an agreement in principle with the federal government on financial assistance aimed at preventing layoffs in an industry hit hard by the coronavirus pandemic, people familiar with the matter said.
https://www.wsj.com/articles/treasury-airlines-reach-agreement-on-aid-11586898079?mod=djemalertNEWS
Apr/14/2020Travel Weekly - Marriott says about a quarter of its hotels are closed
For the month of March, Marriott’s global RevPAR was down 60%, with North America, Asia Pacific and Europe posting RevPAR declines of 57%, 74% and 71%, respectively. In the Caribbean and Latin America, RevPAR dropped 57% for the month, while the Middle East and Africa region fell 56% decline.
https://www.travelweekly.com/Travel-News/Hotel-News/Marriott-says-about-a-quarter-of-its-hotels-are-closed
Apr/14/2020

Insurance Journal - Initial premium refunds for March and April coming to adversely impacted California policyholders
California Insurance Commissioner Ricardo Lara on April 13, 2020 ordered insurance companies to return insurance premiums to consumers and businesses and provide financial relief during the COVID-19 emergency. The commissioner’s bulletin covers premiums paid for at least the months of March and April — including May if “shelter in place” restrictions continue — in at least six different insurance lines: private passenger automobile, commercial automobile; workers’ compensation; commercial multi-peril; commercial liability; medical malpractice; and any other insurance line where the risk of loss has fallen substantially as a result of the COVID-19 pandemic.
https://www.insurancejournal.com/news/west/2020/04/13/564520.htm

Apr/14/2020

The Hill - All 50 states under disaster declaration for first time in US history
All 50 states are under a major disaster declaration for the first time in U.S. history, after President Trump approved Wyoming’s declaration Saturday (April 11, 2020). The declaration makes federal funding available to the states to use to fight the spread of the virus.
https://thehill.com/policy/healthcare/public-global-health/492433-all-50-states-under-disaster-declaration-for-first

Apr/14/2020InfoRisk Today - China Builds COVID-19 Recovery on Blockchain
Gartner analyst Avivah Litan says China is attempting to leverage blockchain technology in the country's COVID-19 recovery. What are the benefits and concerns of this approach, and how should it shape the future use of blockchain?
https://www.inforisktoday.com/china-builds-covid-19-recovery-on-blockchain-a-14093
Apr/14/2020Roll Call - In letter to lawmakers, insurers say pandemic cost is too great
Insurers don’t have enough resources to cover business interruption losses in a disaster as comprehensive as the one posed by widespread small business closures from the COVID-19 pandemic, a group of insurance industry associations told two members of California’s congressional delegation.
https://www.rollcall.com/2020/04/08/in-letter-to-lawmakers-insurers-say-pandemic-cost-is-too-great/
Apr/14/2020WSJ (Subscription) - Markets Have Priced In the Lockdown Period. Now What?
Given the expected massive economic contraction, the latest stock market selloff has been relatively modest.
https://www.wsj.com/articles/markets-have-priced-in-the-lockdown-period-now-what-11586528821
Apr/14/2020NY Times - How the Virus Transformed the Way Americans Spend Their Money
The coronavirus has profoundly altered daily life in America, ushering in sweeping upheavals to the U.S. economy. Among the most immediate effects of the crisis? Radical changes to how people spend their money.
https://www.nytimes.com/interactive/2020/04/11/business/economy/coronavirus-us-economy-spending.html?action=click&module=RelatedLinks&pgtype=Article
Apr/14/2020Bloomberg - Hedge Fund Managers Are Claiming Bailouts as Small Businesses
Consultant warns that seeking aid shows ‘poor moral judgment’ as the loans are part of the $2 trillion package to prop up economy
https://www.bloomberg.com/news/articles/2020-04-14/hedge-fund-managers-are-claiming-bailouts-as-small-businesses
Apr/14/2020

Lifehacker - How to Customize Your Background in Microsoft Teams Video Calls 
Microsoft’s big office communication app, Microsoft Teams, is getting a fun new feature that makes it just as wacky as Zoom. You’ll now have the power to pretend you’re on a beach...

https://lifehacker.com/how-to-customize-your-background-in-microsoft-teams-vid-1842838567

Apr/14/2020Accounting Today - Art of Accounting: Future of the Small Firm Amid Coronavirus
From Accouting Today - I believe the future of the small accounting firm is bright and secure. Right now there are many challenges such as the coronavirus pandemic, along with extremely unsettling moments, unpleasant client interactions, cash squeezes...
https://www.accountingtoday.com/opinion/art-of-accounting-future-of-the-small-firm-amid-coronavirus
Apr/14/2020WSJ (Subscription) - The Coronavirus Economic Reopening Will Be Fragile, Partial and Slow
From airlines to car makers, companies are planning to gear up again. The new normal will look anything but.
https://www.wsj.com/articles/the-coronavirus-economic-reopening-will-be-fragile-partial-and-slow-11586800447?mod=hp_lead_pos7
Apr/14/2020

CNBC - Hotels and retailers not paying rent due to the coronavirus pandemic spikes in April, Trepp says

Nearly 20% of all lodging CMBS loans are categorized as either “in grace period” or “beyond grace period,”  according to data from Trepp, a New York-based research firm that tracks the CMBS market. 

https://www.cnbc.com/2020/04/13/coronavirus-retail-hotel-borrowers-skip-mortgage-payments-trepp.html

Apr/14/2020

CNBC - CARES Act opens new avenue for companies to offer 401(k)-like student loan benefits, startup Goodly CEO says

One really critical provision within the CARES Act is that it allows employers to make contributions toward their employees’ student loans tax free for the first time

https://www.cnbc.com/2020/04/13/goodly-ceo-cares-act-opens-way-for-401k-like-student-debt-benefits.html

Apr/13/2020IRS Lets Taxpayer Deduct Rent for a Personal Residence
Millions of Americans are now working from home due to the pandemic. The IRS so far has not issued any guidance on whether they would allow for a special deduction….
https://www.accountingweb.com/tax/individuals/irs-lets-taxpayer-deduct-rent-for-a-personal-residence
Apr/13/2020

IRS - Treasury, IRS launch new tool to help non-filers register for Economic Impact Payments 
Both the Treasury Department and the Internal Revenue Service have launched a new web tool allowing for quick registration for Economic Impact Payments for those who don’t normally file a tax return. 

https://www.irs.gov/newsroom/treasury-irs-launch-new-tool-to-help-non-filers-register-for-economic-impact-payments

Apr/13/2020

IRS - Coronavirus Tax Relief for Businesses and Tax-Exempt Entities
Three new tax credits are available to many businesses hit by COVID-19.

https://www.irs.gov/coronavirus/coronavirus-tax-relief-for-businesses-and-tax-exempt-entities

Apr/13/2020

Inc. - What to Do If Your Bank Is Stalling on Your PPP Loan Application  
If your companies hasn’t received relief funds and you are growing anxious, here are some options.

https://www.inc.com/brit-morse/paycheck-protection-program-ppp-small-business-loans-bank-alternatives.html

Apr/13/2020

Data Breach Today - Safeguarding PHI During COVID-19 Crisis: Emerging Challenges
Privacy Attorney Iliana Peters on Mitigating Risks to Data as New Clinicians Recruited

https://www.databreachtoday.com/interviews/safeguarding-phi-during-covid-19-crisis-emerging-challenges-i-4653

Apr/13/2020

Info Risk Today - Faces of Fraud 2020: COVID-19’s Impact
Panel Discussion on Detecting and Defending Against Emerging Threats

https://www.inforisktoday.com/faces-fraud-2020-covid-19s-impact-a-14086

Apr/12/2020

IRS Provides Guidance Under the CARES Act to Taxpayers with Net Operating Losses
From the IRS – Section 2303(b) of the CARES Act amended § 172(b)(1) to provide for a carryback of any net operating loss (NOL) arising in a taxable year beginning after December 31, 2017, and before January 1, 2021, to each of the five taxable years preceding…

https://www.irs.gov/newsroom/irs-provides-guidance-under-the-cares-act-to-taxpayers-with-net-operating-losses

Apr/12/2020IRS Grants Broad Coronavirus-related Tax Relief
American taxpayers were granted additional, broad tax filing and payment deadline relief by the IRS late on April 9, 2020, in line with the relief requested by the AICPA over the past several weeks amid the coronavirus pandemic.
https://www.journalofaccountancy.com/news/2020/apr/irs-coronavirus-related-tax-relief.html
Apr/12/2020

Inc. - How Business Owners Are Working to Maintain Sales and Avoid Layoffs
Cash reserves, stress tests, and strategic budget-cutting can help you better absorb and predict the financial impact on your business.

https://www.inc.com/cameron-albert-deitch/coronavirus-small-business-budget-cuts-layoffs.html

Apr/11/2020CNN - How prepping for pandemics can lead to big economic returns
COVID-19 is a natural threat, the ensuing global pandemic and disruptions to the economy and our social way of life is a human-made calamity. We have a duty to prevent COVID-19 as economically as possible and we failed to fulfill it.
https://www.cnn.com/2020/04/11/opinions/prevent-pandemic-economically-opinion-ruger/index.html
Apr/11/2020

Marketwatch - The mortgage industry is facing a crisis because of the coronavirus — and borrowers could fall through the cracks
The $2.2 trillion CARES Act stimulus bill that President Donald Trump signed into law last month included a provision guaranteeing that any homeowner with a federally-backed mortgage could stop making mortgage payments for up to a year if they face financial hardship because of the COVID-19 outbreak

https://www.marketwatch.com/story/the-mortgage-industry-is-facing-a-crisis-because-of-the-coronavirus-and-borrowers-could-fall-through-the-cracks-2020-04-11

Apr/11/2020

USA Today - USA Today - Her daycare was already on the brink. Then coronavirus struck.
Child care centers nationwide are in danger of closing indefinitely as the coronavirus has forced families to keep kids at home. Attendance rates at licensed child care centers plummeted by more than 70% nationwide in just one week in mid-March.

https://www.usatoday.com/story/news/education/2020/04/11/coronavirus-daycare-child-care-center-subsidy-cost/2975334001/

Apr/10/2020

CNBC - Paycheck Protection Program aid opens for sole proprietorships and independent contractors
April 10th the first day independent contractors and self-employed individuals can apply gives small businesses access to up to $10,000 in forgivable loans to cover payroll or wages they pay themselves over the eight weeks following the signing date.
https://www.cnbc.com/2020/04/10/paycheck-protection-program-opens-for-sole-proprietorships.html

Coronavirus scams have cost consumers nearly $12 million, FTC says

Apr/10/2020

MSN - Coronavirus scams have cost consumers nearly $12 million, FTC says
The US Federal Trade Commission as of Friday April 10, 2020 stated that it has received more than 15,000 fraud complaints related to the coronavirus outbreak with the latest data from the federal agency shows consumers have already lost nearly $12 million to COVID-19 scams. 

https://www.msn.com/en-us/news/technology/coronavirus-scams-have-cost-consumers-nearly-12-million-ftc-says/ar-BB12rsiy?ocid=msedgntp 

Apr/10/2020JOA - 5 Steps for Advising Clients During COVID-19 Crisis 
Firms can follow a strategic approach to navigate truly advisory, and sometimes difficult, conversations. 
https://www.journalofaccountancy.com/news/2020/apr/how-to-advise-cpa-firm-clients-during-coronavirus-crisis.html
Apr/10/2020Inc. - How Business Owners Are Working to Maintain Sales and Avoid Layoffs  
Stress tests, cash reserves, and strategic budget-cutting can help you better predict and absorb the financial impact on your business. 
https://www.inc.com/cameron-albert-deitch/coronavirus-small-business-budget-cuts-layoffs.html
Apr/10/2020

MSN - Arizona pizza place uses new method to battle coronavirus: Robots
The Venezia’s New York Style Pizza location in Tempe, Ariz., teamed up with Starship Technologies to deliver pizza.

https://www.msn.com/en-us/foodanddrink/other/arizona-pizza-place-uses-new-method-to-battle-coronavirus-robots/ar-BB12oNh8?ocid=msedgntp

Apr/10/2020

MSN - Apple and Google are building coronavirus tracking tech into iOS and Android
Two of the tech industry’s biggest players are working together to fight the coronavirus, announcing a new set of tools that could come to a majority of smartphones around the world.

https://www.msn.com/en-us/news/technology/apple-and-google-are-building-coronavirus-tracking-tech-into-ios-and-android/ar-BB12s0nq?ocid=msedgntp

Might to the delight Hilton’s DoubleTree chain shares chocolate chip cookie recipe for first time

Road Warriors can now make their favorite cookie at home.