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    The Philadelphia Observer

    Category / Business

    Business, News

    Loan and credit card payments to be frozen for three months in UK

    April 10, 2020 by Juan Ignacio Comments are Disabled

      The financial regulator has announced plans to freeze loan and credit card payments for up to three months as part of emergency measures for consumers impacted by the coronavirus outbreak. The measures, which would usually require a lengthy consultation, could come into force as […]

    Business, Lifestyle, National, Politics

    F.D.A. Approves First Coronavirus Antibody Test in U.S.

    April 10, 2020 by Juan Ignacio Comments are Disabled

    April 6, 2020 Edit   The Food and Drug Administration on Thursday approved a new test for coronavirus antibodies, the first for use in the United States. Currently available tests are designed to find fragments of viral genes indicating an ongoing infection. Doctors swab the nose […]

    Business, News, Relevant to you

    Airbnb will pay hosts $250 million to help cover cancellations due to COVID-19

    April 2, 2020 by Juan Ignacio Comments are Disabled

      Airbnb is committing $250 million to put toward hosts who have been impacted by COVID-19. That means if a guest cancels a reservation for check-in between March 14 and May 31 due to a COVID-19-related reason, Airbnb will pay the host 25% of what they […]

    Business, Lifestyle, National, News, Politics, Relevant to you

    Senate passes coronavirus rescue package on unanimous vote

    March 26, 2020 by Juan Ignacio Comments are Disabled

      WASHINGTON (AP) — The Senate late Wednesday passed an unparalleled $2.2 trillion economic rescue package steering aid to businesses, workers and health care systems engulfed by the coronavirus pandemic. The unanimous vote came despite misgivings on both sides about whether it goes too far […]

    Business, Local, News, Politics, Relevant to you

    Philly schools forbid ‘remote instruction’ during shutdown for equity concerns

    March 26, 2020 by Juan Ignacio Comments are Disabled

        The School District of Philadelphia will not allow teachers to do “remote instruction” with students while schools are closed during the coronavirus outbreak, according to a letter sent to principals Tuesday night. Because the district cannot ensure equal access to technology among students, […]

    Business, Lifestyle, National, News

    Gun sales surge as coronavirus cases climb

    March 26, 2020 by Juan Ignacio Comments are Disabled

      As his nearly 2-hour wait to climb the narrow steps and go through the heavily fortified door of the Philadelphia Archery & Gun Club in South Philadelphia came to an end, Andrew Thomas made what would shortly come to sound like a prophecy. “I […]

    Business, National, Politics

    Trump ‘offers large sums’ for exclusive access to coronavirus vaccine

    March 19, 2020 by Juan Ignacio Comments are Disabled

      The Trump administration has offered a German medical company “large sums of money” for exclusive access to a Covid-19 vaccine, German media have reported. The German government is trying to fight off what it sees as an aggressive takeover bid by the US, the […]

    Business, Lifestyle, Relevant to you

    UK Man Becomes Second Person Cured Of HIV After 30 Months Virus-Free

    March 19, 2020 by Juan Ignacio Comments are Disabled

        By Victor Omondi A formerly HIV positive man in London, Adam Castillejo appears to be the second person to be cured of the HIV, his doctors said. The method used to clear the virus in these two men is however not going to […]

    Business, National, Relevant to you

    This market crash is even crazier than 1929

    March 19, 2020 by Juan Ignacio Comments are Disabled

        Monday was the worst day for US stocks since 1987’s “Black Monday” — and there’s no real recovery in sight.   What happened: The Dow fell 12.9% as fear about the coronavirus pandemic and the ensuing global recession escalated, wiping out three years of gains. […]

    Business, Lifestyle, National, Relevant to you

    US airline industry seeks about $50 billion in federal help

    March 19, 2020 by Juan Ignacio Comments are Disabled

      US airlines slammed by the coronavirus are requesting an aid package from the federal government that could amount to about $50 billion, according to industry group Airlines for America. The requested aid would be in the form of loans, grants and tax relief. The […]

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