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COVID-19

COVID-19

Universal basic income was a fringe idea. Then the COVID-19 pandemic happened.

by Jana Kasperkevic
Apr 6, 2020
Americans earning up to $75,000 are about to receive $1,200. Could this be the future?
Then presidential candidate Andrew Yang speaks on Oct. 21, 2019 in Washington, DC. Yang's signature proposal of a universal basic income would give every American adult $1,000 a month.
Mark Wilson / Getty Images
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COVID-19

The small business loan rollout wasn't so smooth

by Justin Ho
Apr 6, 2020
The Small Business Administration is guaranteeing paycheck protection loans. But applying for one of them hasn't been so simple.
"I'm just inclined to feel like a week wasn't enough to organize, you know, a $350 billion small loan program," one business owner said.
Spencer Platt/Getty Images
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COVID-19

Startups always face bankruptcy risk. COVID-19 has made things worse.

by David Brancaccio , Erika Soderstrom and Alex Schroeder
Apr 6, 2020
"Small companies and a lot of us are getting a lesson in, 'Risk is real,'" one business professor says.
Startups don't have the cash flow or credit lines to deal with crises like big companies do.
Alex Wong/Getty Images
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How will short-form streaming service Quibi fare in the COVID-19 economy?

by Jack Stewart
Apr 6, 2020
All of Quibi's content is designed to be watched on phone screens. Will new consumer habits from COVID-19 help or hurt the service?
Rob Post, Quibi chief technology officer, talks about Quibi's "Turnstyle" technology for short-form video streaming for mobile devices at the Quibi keynote address, Jan. 8, 2020.
Robyn Beck/AFP via Getty Images
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COVID-19

Nashville musicians, recovering from tornadoes, face COVID-19 cancellations

by Colleen Phelps
Apr 6, 2020
Now that Nashville’s music industry has weathered a literal storm, they're facing tough times again with a stream of cancellations.
Popular live music venue The Basement East, in East Nashville, was severely damaged by a tornado on March 3, 2020.
Rachel Iacavone
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COVID-19

"Suppliers are sexy," but the real oil collapse story is demand

by Scott Tong
Apr 3, 2020
A historic plunge in demand during the global pandemic has pushed U.S. average gasoline prices to $1.91 a gallon.
There's a lack of demand for oil as people stay home during the COVID-19 pandemic. Above, a woman wearing gloves gases up her car in Los Angeles on March 18.
Chris Delmas/AFP via Getty Images
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COVID-19

Advertisers are trying to adapt to COVID-19

by Kristin Schwab
Apr 3, 2020
It starts with replacing old ads that seem cringeworthy under quarantine.
Advertisers are pivoting to ads that capture the moment with a quiet, contemplative tone that's focused on family.
Joe Klamar/AFP via Getty Images
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Will COVID-19 be the death of coworking spaces?

by Lisa Rabasca Roepe
Apr 3, 2020
“The coworking model hasn’t been around to witness an economic shock,” one analyst said.
Oli Scarff/Getty Images
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COVID-19

Jobs report shows even early March saw severe economic damage from COVID-19

by Mitchell Hartman
Apr 3, 2020
We're already seeing the biggest one-month rise in unemployment since 1975.
We’ll have to wait for the April report — in more than a month — to see the entire impact of the COVID-19 pandemic.
Apu Gomes/AFP via Getty Images
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COVID-19

Airlines hit by COVID-19 start applying for government aid

by Jack Stewart
Apr 3, 2020
The government is making $50 billion available in loans and grants.
United, Delta and American have parked almost their entire international fleets, and domestically will fly about 60% to 70% fewer flights than at this time in 2019.
Jeff Swensen/Getty Images
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