Facebook COO Sheryl Sandberg on Wednesday said the company's lessons learned from its numerous mistakes over the past couple of years has prepared it to deal with the crises caused by the coronavirus pandemic.
Media networks have paid billions for live sports that they aren't going to broadcast this year. But nobody's pressing the issue yet, as the cable industry is focused on survival.
The $2 trillion stimulus package just signed into law states that borrowers need not provide any proof of financial hardship. They can simply say they can't pay.
For most mortgage borrowers, the first of the month is payment day. This month, however, is a very different story. Millions of borrowers have either lost jobs or income, and are suddenly struggling to make those monthly payments.
Comcast pledged $500 million to employees whose jobs have been affected by coronavirus. CEO Brian Roberts and other senior leaders are donating their annual salaries to coronavirus-related charities.
"I still think big manufacturers are stuck in the mindset that 'my supply chain is in Asia and I'm dead in the water' until they come back on line, said Pindel CEO Bill Berrien.
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