Small and medium-sized businesses will get up to $100,000 in cash payments in the government’s second stage of emergency assistance, worth a huge $66 billion, to cushion businesses and individuals as the coronavirus cuts a swathe through Australia’s economy.
Bank stocks have taken a hammering in recent weeks. It is all beginning to look very 2008.
A busy workspace: Dad works while toddler does online-preschool, twins adjust to home-kindergarten and mom, on a break, takes the photo.
(Lesli Harker)
Restaurants have always been about more than feeding city residents. During the 1918 flu pandemic, they were kept open as sites of social solidarity.
President Donald Trump shakes hands with Walmart CEO Doug McMillon at a White House press conference joining government and corporate officials – but no representatives of workers.
AP Photo/Alex Brandon
If government and business collaborate with workers, a scholar of labor relations writes, current economic problems could get less severe, the recovery smoother and lasting prosperity more likely.
Nevan Krogan, University of California, San Francisco
Among the more than 20,000 drugs approved by the FDA, there may be some that can treat COVID-19. A team at the University of California, San Francisco, is identifying possible candidates.
The pandemic has made us into breaking news junkies.
Getty/Olivier Douliery / AFP
Schools are closed, houses of worship have suspended services, and many restaurants are down to delivery only. Must we also stop exercising? Two exercise physiologists explain what’s safe.
The federal budget will be delayed until October 6, as the demands of dealing with the rapidly moving pandemic and the impossibility of forecasting have made the May timetable impossible.
Closed for the duration: the Royal Opera House, London.
Willy Barton via Shutterstock
Honorary Enterprise Professor, School of Population and Global Health, and Department of General Practice and Primary Care, The University of Melbourne
