Business Archives - Page 1276 of 1310

Hand-washing and distancing don’t have tangible benefits – so keeping up these protective behaviors for months will be tricky

In recent weeks, Americans in many states appear to have successfully begun to “flatten the curve” by following prescribed behavior. People have been washing their hands frequently, maintaining physical distance from others, wearing face masks…

A hunt for any storage space turns urgent as oil glut grows By Reuters

© Reuters. FILE PHOTO: Crude oil storage tanks are seen from above at the Cushing oil hub in Cushing By Devika Krishna Kumar and Jennifer Hiller NEW YORK/HOUSTON (Reuters) – The telephone lines have been…

How mobile phone towers could help monitor rainfall in developing countries

Many developing economies suffer from a lack of reliable rainfall measurements due to a lack of funds and a shortage of equipment – such as gauges and radars. Even if countries are equipped with these…

Replacing workers has many costs

The labor market is changing rapidly with the onset of the coronavirus pandemic. Many organizations are laying off almost all of their workers, while others are considering which workers to lay off, which to furlough…

Traders play ‘hot potato’ with U.S. oil contract as it crashes 50% By Reuters

Coronavirus pandemic could hit the billions migrant workers send home in cash

As the coronavirus pandemic hits jobs and wages in many sectors of the global economy that depend on migrants, a slowdown in the amount of money these workers send back home to their families looks…

Giant leap for corporations? The Trump administration wants to mine resources in space, but is it legal?

As the world tries to cope with the challenges of 2020, discussions around the use of mined resources from outer space continue to ratchet up. On April 6, the US White House released an executive…

U.S. oil falls more than 10% to lows not seen since 1999 By Reuters

How to avoid a coronavirus debt crisis? Issue a new type of government bonds linked to GDP

The range of forecasts about how the coronavirus will affect the world economy is so wide that you question their usefulness. For example, the IMF predicts that the UK will contract 7.5% in 2020, while…