Category: United States
Lockheed Martin CEO Marilyn Hewson to be succeeded by board member James Taiclet
Lockheed Martin has announced a major shift in its corporate leadership: CEO Marilyn Hewson, who has been in the role since 2013, will be replaced by board member and American Tower President and CEO James Taiclet. Hewson will become executive chairman of the board, and both shifts will be effective…
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Alphabet’s Verily launches its California COVID-19 test screening site in a limited pilot
Alphabet -owned health technology company Verily has launched the COVID-19 screening site that was first misrepresented by President Trump as a broadly focused coronavirus web-based screening and testing utility developed by Google . After a flurry of blog posts by Google and Verily over the weekend, as well as a…
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America’s largest companies are not covered under congressional coronavirus aid package
America’s largest companies are not covered under a bill passed by the House of Representatives on Friday that is supposed to support American workers impacted by the spread of the novel coronavirus. The bill still has to be voted on by the Senate and approved before it can be signed…
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CDC issues new guidance against gatherings of 50 or more people for the next 8 weeks
The U.S. Centers for Disease Control and Prevention (CDC) has updated its guidance (also available in full below) regarding large group gatherings and events in light of the ongoing effort to combat the spread of coronavirus in the country. The new CDC guidance recommends against holding any events or group gatherings…
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US slashes federal interest rates in response to the coronavirus pandemic
The Trump administration has slashed federal interest rates as part of an effort to stabilize the economy following a rocky week on the financial markets. The U.S. Federal Reserve cut interest rates to near-zero, the second time that the central bank has cut interest rates in as many weeks. The…
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American Airlines cuts long-haul international flights by 75%
American Airlines said it will suspend 75% of its long-haul international flights from the U.S., beginning March 16 in response to decreased demand and government travel restrictions put in place to lessen the spread of COVID-19. American Airlines had already reduced its capacity. This latest move, which was announced Saturday…
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