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EPA to limit enforcement of environmental laws during coronavirus emergency, giving companies more flexibility

Skyhobo/iStock(WASHINGTON) — The Environmental Protection Agency will put companies and specific facilities in charge of monitoring their own compliance with environmental laws during the novel coronavirus emergency, according to officials.This move has led critics to accuse the agency of backing off its role to prevent uncontrolled pollution or other violations.EPA argued the change was needed…read more »

Coronavirus economic updates: Markets slip after three-day rally

Sushiman/iStock(NEW YORK) — The coronavirus pandemic has quickly evolved from a health crisis to a financial one, shuttering businesses, upending entire industries and sending financial markets reeling. Here’s the latest news on how the COVID-19 crisis is affecting the economy: IMF chief predicts a ‘quite deep’ recession for 2020Kristalina Georgieva, the managing director of the…read more »

Brands say thank you to health care workers with free shoes, Starbucks and more

HRAUN/iStock(NEW YORK) — A pandemic of the novel coronavirus has now killed more than 24,000 people around the world.With more than 85,000 diagnosed cases, the United States has the highest national total in the world.Medical personnel around the world have been working hard to help those impacted by COVID-19. They are the front line of…read more »

Construction unions call for better safety, health protections during pandemic

flukyfluky/iStock(NEW YORK) — Working in construction during the coronavirus pandemic has split the industry down the middle, according to advocates and health experts.On one hand, buildings, roads and utilities need regular maintenance and upgrades, and millions of blue-collar workers need those jobs to support families, construction union leaders said. At the same time, those close-knit…read more »

Will coronavirus break the Internet? Here’s what the experts say.

Jokic/iStock(NEW YORK) — As the novel coronavirus makes its insidious way around the world, many businesses have mandated that employees whose work does not require their physical presence to work from home — a real-time stress test of America’s internet infrastructure.Experts are seeing traffic surges in both home broadband Internet and, in some instances, cellular…read more »

Small businesses hit by coronavirus: ‘Shark Tank’ star Barbara Corcoran answers common questions to help

Good Morning America(NEW YORK) — As the novel coronavirus spreads across the country, the financial impact of the pandemic continues to devastate workers and small businesses.A record number of workers — 3.28 million — filed for unemployment claims in the week ending March 21, according to U.S. Department of Labor data released Thursday. Average weekly…read more »

Coronavirus economic updates: 3.2 million people filed for unemployment

glegorly/iStock(NEW YORK) — The coronavirus pandemic has quickly evolved from a health crisis to a financial one, shuttering businesses, upending entire industries and sending financial markets reeling.Markets continue their uptick after stimulus bill passageU.S. financial markets marched higher Thursday morning despite the soaring unemployment numbers.The Dow Jones Industrial Average was up more than 400 points,…read more »