How companies are stepping up to ease coronavirus hardships

As companies around the country and world suffer from the effects of the deadly novel coronavirus, some businesses are stepping up to help alleviate some of the economic fallout. Here’s a list of some of their efforts so far. Yahoo Finance will continue to update this list as more companies contribute to the relief effort.will provide housing for 100,000 COVID-19 responders around the world according to a tweet sent by Co-founder, CEO, Head of Community Brian Chesky.

Story continues“We’ve listened to small businesses to understand how we can best help them. We’ve heard loud and clear that financial support could enable them to keep the lights on and pay people who can’t come to work. Sandberg said. “That’s why today I’m announcing that Facebook is investing $100 million to help 30,000 small businesses in over 30 countries where our employees live and work.

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Hedge funds are pouncing on companies infected by coronavirus[NEW YORK] Hedge funds have lost billions of dollars as coronavirus has stalled the economy and sent Wall Street into a tailspin. But the financial institutions favoured by the world's richest investors are plotting a recovery by betting on the markets' slump. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »