Online pharmacies go on a hiring spree
Most firms operating in the space claim that they have seen at least a two-fold rise in orders as compared to other times. Hampered by an acute shortage of manpower, especially for last-mile delivery and managing warehouses, online pharmacies are…
Read MoreWhat should the RBI do next, Mr Das?
‘No one cares about fiscal deficit now. Or for that matter, inflation.’‘The focus is on growth and growth alone,’ says Tamal Bandyopadhyay. The Reserve Bank of India did more than what the market was expecting from the central bank. It…
Read MoreU.S. Housing Starts Plunge More Than Expected In March
New residential construction in the U.S. showed a substantial decrease in the month of March, according to a report released by the Commerce Department on Thursday. The report said housing starts plunged by 22.3 percent to an annual rate of…
Read MoreDoctors worry about quality of available antibody tests
(CNN)Covid-19 patients who are getting an experimental drug called remdesivir have been recovering quickly, with most going home in days, STAT News reported Thursday after it obtained a video of a conversation about the trial. The patients taking part in…
Read MoreChina posts first GDP decline on record as coronavirus cripples economy
China's economy shrank for the first time since at least 1992 in the first quarter, as the coronavirus outbreak paralysed production and spending, raising pressure on authorities to do more to stop mounting job losses. Gross domestic product (GDP) fell…
Read MoreCoca-Cola Amatil targets $140 million of savings due to COVID-19
Drinks giant Coca-Cola Amatil has unveiled plans for $140 million of savings this year, and will reduce capital expenditure by $100 million in response to the economic shock from the coronavirus pandemic. Coca-Cola unveiled the plans shortly before the Australian…
Read MoreColorado’s high school seniors can take the SAT for free this fall
Colorado’s high school seniors will be able to take the SAT for free on a school day come fall, the Colorado Department of Education announced Thursday. Gov. Jared Polis suspended all K-12 state testing for the remainder of the school…
Read MoreAs Local TV Stock Prices Falter, Fox Corp. Seen On Steadier Path During Crisis
Stocks of the biggest U.S. local TV station owners, among them Nexstar, Sinclair, Tegna and Gray, continue to slump badly as investors recoil from their exposure to a worsening ad market. Even so, one significant player in the station game,…
Read More‘Entirely unprecedented’: Amazon drops hard sell as it struggles to meet demand
Amazon is reversing two decades of fervent retailing gospel and nudging its customers into buying less, according to reports. The online shopping giant appears to be scaling back the automatic product recommendations that have helped it achieve international dominance as…
Read MoreGolf Aims To Lead Pro Sports Comeback With PGA Tour Event In June On CBS
With hand-wringing and debate continuing about the path ahead for big-money pro and college sports during the coronavirus pandemic, the PGA Tour says it is “very confident” in its new plan to return in mid-June without fans. Tour officials announced…
Read More