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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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Dean of Stanford Medicine: How virtual care can make medicine even more human
fortune.com

“The good physician treats the disease;” said William Osler, a pioneer of modern medicine, “the great physician treats the patient who has the disease.” That principle has guided physicians for more than a century. But in a health crisis that demands physical distancing and conserving protective equipment, we must now attempt what seems impossible: providing […]

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Canada and France say donations of coronavirus masks won't influence decisions on Huawei and 5G
www.cnbc.com

Huawei, caught in the crossfire of a larger U.S.-China trade and technology battle, has given masks to a number of countries around the world.

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Entrepreneurs Review the SBA PPP Loan-Application Processes
feedproxy.google.com

The public has spoken, and the results range from frustration to relief.

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Thousands Without Power After Storms Roar Through Pennsylvania
www.insurancejournal.com

Thousands of utility customers across Pennsylvania were without power early Wednesday after severe thunderstorms roared through the state, knocking down trees and utility lines and possibly spawning a tornado. The storms containing heavy rains, hail, lightning and strong winds hit …

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Lessons on Trade-Offs From the 1918 Influenza Pandemic: Viewpoint
www.insurancejournal.com

LONDON — Lockdowns have brought most of the world’s advanced economies to a near standstill as policymakers fight the coronavirus pandemic by banning all but essential movement outside the home. Tens of millions of employees across retail, entertainment, food services, …

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