Media playback is unsupported on your device Scientists have identified the highest levels of microplastics ever recorded on the seafloor. The contamination was found in sediments pulled from the bottom of the Mediterranean, near Italy. The analysis, led by the University of Manchester, found up to 1.9 million plastic pieces per square metre. These items
Month: April 2020
By the summer of 2016, Marie Outtier had spent eight years as a consultant advising media agencies and martech companies on marketing growth strategy. Pierre-Jean “PJ” Camillieri started as a music software engineer before joining one of Apple’s consumer electronics divisions. Inspired by Siri, he left to start Timista, a smart lifestyle assistant. When the
Omar Rodriguez, works at the funeral home, counts the caskets with full of Covid-19 dead bodies at the Gerard J. Neufeld funeral home in Queens, New York City, United States on April 29, 2020. Tayfun Coskun | Anadolu Agency | Getty Images It is “unconscionable” and “absolutely unacceptable” that a Brooklyn funeral home left corpses
Workers board a Coach store on Michigan Avenue in Chicago, Illinois, U.S., on Friday, April 3, 2020. Christopher Dilts | Bloomberg | Getty Images Coach owner Tapestry reported Thursday a nearly 20% drop in quarterly sales, as the coronavirus pandemic forced 90% of its stores either shut or to operate on reduced hours during the period.
This is a live blog. Please check back for updates. 7:41 am: Facebook shares jump on ad revenue ‘stability’ Shares of the social media giant jumped more than 8% in the premarket after the company reported “stability” in its ad revenue after a decline in March. Facebook said its March ad revenues dropped sharply amid
In his 17-season NBA career, Scottie Pippen won six championships with the Chicago Bulls, brought home two Olympic gold medals and was an eight-time member of the NBA All-Defensive First Team. But before Pippen cemented himself as one of the greatest players of all time, he had to prove himself. Coming out of high school,
The New York Stock Exchange (NYSE) is seen in the financial district of lower Manhattan during the outbreak of the coronavirus disease (COVID-19) in New York City, April 26, 2020. Jeena Moon | Reuters As encouraging as the market comeback this month has been, Wall Street has little faith in it. A leveling out of
Esra Demir styles the hair of customer Ken Menendez at Salon Loft in Atlanta, Georgia on April 24, 2020. Governor Brian Kemp has eased restrictions allowing some businesses such as hair and nail salons to reopen today in the US state of Georgia after a four-week lockdown to stop the spread of the coronavirus. (Photo
Phynart Studio Prior to the Covid-19 pandemic, an astounding 53% of the American population felt anxious about personal finances. Undoubtedly, that percentage has grown significantly, with more than 26 million Americans becoming unemployed since then. The statistics are alarming, but it is not time to panic — it’s time to plan. Although many financial plans
It has become painfully clear, as unemployment surpasses 30 million and estimates find that the current quarter we’re in could see gross domestic product drop by over 30% – which would be the worst fall since before World War II – we’ve entered a deep recession. And with no vaccine available to free people from
On March 27, 2020, Congress passed the Coronavirus Aid, Relief and Economic Security (CARES) Act, a $2.5 trillion relief package aimed at stemming the economic damage caused by the COVID-19 pandemic. The CARES Act contained a wide range of relief, from forgivable small business loans to enhanced unemployment benefits to a host of tax changes
Getty Some 3.8 million Americans filed for unemployment benefits in the week ending April 25, bringing the country’s total to more than 30 million in a little over a month. But the money they will receive from the government might not be enough to cover their full rent or mortgage payments. According to the National
Media playback is unsupported on your device Prime Minister Boris Johnson has said he will set out a “comprehensive” plan next week on reopening schools and restarting the economy. In his first briefing since his return to work, the PM said the UK was “past the peak” of the coronavirus outbreak and “on the downward
Google is facing anger from the German startup ecosystem for refusing to restructure ad payments linked to travel and transport bookings that were subsequently wiped out by the coronavirus crisis. TechCrunch has seen a letter addressed to Google that’s co-signed by eight travel industry startups in which the tech giant is asked for flexibility in
Traditionally dominated by big players like Adobe and Autodesk, the world of design has been flush with a newer wave of startups that are creating collaboration spaces and new cloud-based tools designed to address the needs of creatives. Today, two of those players are combining. Dribbble, an online community for designers that lets them post
Just as challenger banks have appeared in the B2C space, so to have B2B startup banks aimed small businesses, among them startups like Qonto (Fr), Tide (UK), Penta (GER) and CountingUp (UK). Today another such firm, Finom, has closed a €6.5m ($7M) seed funding round led by Target Global, with participation from General Catalyst. Further
Christine Lagarde, President of the European Central Bank, speaks to the media following a meeting of the ECB governing board at ECB headquarters on March 12, 2020 in Frankfurt, Germany. Thomas Lohnes The European Central Bank‘s (ECB) Governing Council will convene in a virtual meeting Thursday to discuss whether the measures taken, for now, are
Microsoft CEO Satya Nadella Tobias Schwarz | AFP | Getty Images Microsoft shares rose as much as 3% in extended trading on Wednesday after the company reported fiscal third-quarter sales growth of 15%, fueled by its cloud business. The company said in a statement that the coronavirus “had minimal net impact on the total company
Market researcher James Bianco warns April’s big run will collapse. His reason: Investors are too bullish. “I understand the market has been up a lot since the March low. But what I see in the market is a retracement rally that looks very similar to the first type of rallies that you get in protracted
In only a few months, the coronavirus pandemic has upended the daily lives of people around the world. For Americans, the economic impact of the virus has led to new categorizations of “essential” workers, a large-scale move to remote work and skyrocketing unemployment that is expected to continue increasing. With more than 26 million people filing
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