President Donald Trump has ordered General Motors to make ventilators under the Defense Production Act hours after criticizing the company for not acting quickly enough to produce the devices amid the coronavirus pandemic. read more
As part of the bipartisan deal Senate leaders and the White House struck early Wednesday, unemployment benefits will be extended to groups including gig economy workers, per a statement from Senate Minority Leader Chuck Schumer. Why it matters: This is an unprecedented expansion of benefits to gig economy workers, who have been classified as independent contractors instead of employees by ride-hailing and food delivery companies, among others. Flashback: On Monday, Uber CEO Dara Khosrowshahi sent a letter to President Trump, asking government to include gig economy workers in the stimulus bill. On Friday, Khosrowshahi spoke with Schumer, and had reached out to House Speaker Nancy Pelosi and Senate Majority Leader Mitch McConnell (though it's unclear if they spoke). read more
Read the article for the list. read more
Dollar General is having the first hour of every day to be for only the elderly and those with immune issues so that they can shop in a freshly sanitized store. Cell phone company are suspending late fees. Mortgage companies as well. Several companies are helping customers during this hard time.
Uber said if a driver is quarantined they will send them money every week even though drivers are not employees. Seems companies may not all be evil, eh?
The way I see it, American corporations are just like people and just like any group whether it's political, religious, activists, social etc. You have your good people and businesses; you have your bad people and businesses plus all sorts of various degrees in between.
Some like to focus on the 1 bad apple in a 50 apple bunch. Saying an entity is bad simply because they are a corporation, never mind that most corporations are small business LLC's which employee most of America--but I digress, I think is very unwise.
Intriguing video that should spark an interesting discussion. youtu.be