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Amazon Tests Hospital Workplace Safety Idea With Disinfectant Fog at Warehouse
www.insurancejournal.com

Amazon.com Inc. is testing the use of disinfectant fog at a warehouse in Staten Island, New York starting on Tuesday, the company told Reuters, following worker protests over the risk of coronavirus infection at the site. The measure shows how …

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Strategic Agency Partners Launches in Eastern Pennsylvania and New Jersey
www.insurancejournal.com

Several insurance agencies are joining resources to launch Strategic Agency Partners (SAP), an insurance agency network with a geographic footprint in eastern Pennsylvania and New Jersey. The founding agencies, located in southern New Jersey, include BCA Group of Northfield, The …

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Vitech Systems Group Forms Strategic Partnership with Innovation Underwriters
www.insurancejournal.com

Vitech Systems Group has formed a strategic partnership with Innovation Underwriters (IU), a not-for-profit collaborative focused on promoting innovation within the insurance industry. Innovation Underwriters supports insurtech venture development and promotes innovation as a growth strategy for insurance leaders. Its …

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Export sector may lose 15 million jobs unless immediate relief announced: FIEO
economictimes.indiatimes.com

“With cancellation of over 50% of orders and gloomy forecast for the future, we expect 15 million job losses in exports and rising NPAs amongst exporting units, hitting the economy very badly,” said Sharad Kumar Saraf, President, Federation of Indian Export Organisations (FIEO).

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Coronavirus outbreak: Over 200 Gujarat farmers give Rs 2,000 each to PM CARES fund
economictimes.indiatimes.com

«The government takes care of farmers by giving us financial support in the form of Kisan Nidhi. Now it is time for us to help. Several farmers from our village have donated their Rs 2,000 Kisan Nidhi amount to PM CARES fund,» Ukabhai Bhatti of Ditla village of Amreli district said.

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South Korea reports recovered coronavirus patients testing positive again
www.investing.com
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Citi offering summer interns full-time positions upon graduation
fortune.com

While much of the employment news coming out these days is brutal and depressing, Citi is bucking the trend, announcing it plans to offer full-time positions to the majority of its 1,500 people who will serve as summer interns this year. The bank, which has 750 interns in the U.S., says any intern in its […]

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Why the Fed’s stunning move to buy Corporate America’s junk bonds is so significant
fortune.com

Fears that the Federal Reserve had run out of ammunition are proving entirely premature. The central bank astounded markets on Thursday when it announced an historic move to buy risky corporate debt as part of a larger $2.3 trillion rescue package for businesses and municipalities hit hardest by the coronavirus pandemic. Just two weeks ago, […]

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Yelp lays off or furloughs 35% of its staff, as restaurants and services crumble
fortune.com

Crowd-sourced review website Yelp announced this morning that it will lay off 1,000 workers and furlough an additional 1,100 employees. The staff cuts are currently expected to last four months, says a source familiar with the changes but unauthorized to comment. Yelp’s layoffs and furloughs constitute 35% of the company’s staff of 5,950, reported in […]

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