Disney has cut pay for 100,000 in response to the Covid 19 pandemic. Abigail Disney, grand-niece of founder Walt Disney, publicly criticized the move. A $1.5 billion dividend package for investors and executives will be left intact.
coronavirus
Additional 4.4 Million Americans Filed for Unemployment This Week
This is the fifth historic week for unemployment numbers, bringing the total to 26.5 million since March 14th.
Survey Finds Almost Half of U.S. Small Business Will Permanently Close Without Help Soon
A new survey finds 43% of U.S. small businesses are fighting for survival in the wake of the Covid-19 pandemic.
24% of businesses surveyed have already closed on a temporary basis.
3.3 Million U.S. Workers Filed For Unemployment Last Week, Obliterating Previous Record
This figure corresponds to 2% of all U.S. workers — 1 in 50.
Spain Nationalizes Private Hospitals, Declares Coronavirus Lockdown
Spain has nationalized all private hospitals in effort to contain coronavirus outbreak. The European nation also declared a state of emergency, placing the country in lockdown.
