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Friday, April 3, 2020

Why sweetened layoff benefits may be at odds with U.S. loan program

The generous U.S. unemployment benefits rolled out to blunt the economic harm caused by the coronavirus could have an unintended effect: it may actually be an incentive for companies to choose layoffs rather than keep staff on their books.


from Reuters: Business News https://ift.tt/3aG661K

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Musk's xAI buys his social media platform X

The move could be aimed at protecting investors, who helped him buy purchase X, from losing money. from BBC News https://ift.tt/upf7MHS