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Monday, March 23, 2020

Business News, Updates

Business News, Updates


Eerie photos show empty airports, trains, and roads across the world as people stay home amid the coronavirus outbreak

Posted: 23 Mar 2020 10:39 AM PDT

A carless street in Shanghai, China.Nicoco

  • Amid travel bans and restrictions, many airports, trains, and roads across the US and world are empty.
  • In the United States, President Trump announced earlier this month that all travel from Europe by non-US citizens will be suspended for 30 days.
  • Italy and France are facing nationwide lockdowns, and citizens have been told to stay at home and avoid all non-essential travel.
  • China, where the coronavirus originated, was the first country to go into lockdown, and is just now easing lockdown restrictions. China's extreme travel bans and resulting empty roads contributed to a huge drop in air pollution.

Transport hubs around the world are starting to look like something out of a post-apocalyptic movie. Devoid of their usual travelers, the once bustling centers have an unusual and eerie appearance. 

Italy and France, two of the world's most popular tourist destinations, are under strict lockdowns in which people are only allowed to leave their homes when it is absolutely necessary. Anyone who wants to travel there has to get permission from authorities.  

China is home to two of the most populated cities in the world, Shanghai and Beijing. The airports in both cities are almost completely vacant, and many highways can be seen without a single car, though as lockdowns begin to ease, they'll slowly come back.

Take a look at these photos that capture metropolitan abandonment in the wake of coronavirus.

Many airlines have been suspending flights to China, leaving Beijing Daxing International Airport a ghost town.

Tingshu Wang/Reuters

More than 100 airlines have canceled some or all flights to China. Responding to a lack of customer demand and travel restrictions in China and internationally, airlines like Delta, United Airlines, and American Airlines have stopped service to China, and many other countries as well. 



This train in Beijing has hardly any passengers.

Andy Wong/AP Images

Beijing enforced a 14-day quarantine on international travel as cases of coronavirus continue to increase in Europe and the United States.



In Shanghai, multi-lane highways don't have a single car.

Nicoco

Shanghai is China's most populous city, with an estimated 27,058,479 people, according to the World Population review.




See the rest of the story at Business Insider

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Uber Freight is giving weekly $20 Eats credits to truck drivers on its platform because their food options are suddenly disappearing

Posted: 23 Mar 2020 10:38 AM PDT

truck driver uber freightCourtesy of Uber Freight

  • Uber Freight head Lior Ron said on Monday that the ride-hailing giant's truck-brokerage platform was taking steps to ensure the well-being of truck drivers amid the coronavirus pandemic.
  • One step will be giving drivers on its platform a $20 Uber Eats credit each week — though that won't likely be enough to account for closures of restaurants or fast food locales nationwide. 
  • The platform will also not take a profit from relief loads for food, water, or medical supplies booked on its app.
  • Ron wrote that Uber Freight will also provide thousands of sanitation kits to small carriers.
  • Visit Business Insider's homepage for more stories.

America's 1.8 million truck drivers are watching the spread of the novel coronavirus make their jobs more and more complicated — including signing forms at warehouses pledging they're symptom-free, a dearth of nighttime parking, and fewer food options as more restaurants shutter to comply with social distancing.

Their jobs, though, are becoming more critical than ever as the coronavirus pandemic has seen "panic buying" envelop the nation. Some 70% of the nation's freight is moved by truck, meaning truck drivers are ensuring that retailers, hospitals, and online stores are stocked with the essentials Americans are increasingly buying up.

See the rest of the story at Business Insider

NOW WATCH: Here's why in-flight WiFi is so slow and expensive

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The single greatest threat to the global economy couldn't be more clear right now, and Congress is headed straight for it

Posted: 23 Mar 2020 10:30 AM PDT

Senate Leader Mitch McConnellSamuel Corum/Getty Images

  • The US share of global GDP is nearly 15%. If our economy can't stabilize and then recover from the coronavirus pandemic, it will be harder for the world to do so.
  • And so it's imperative that Congress write fair, generous legislation to get us through the economic shutdown required to fight the virus.
  • But that isn't what's happening. Republicans accuse Democrats of not moving fast enough. Democrats accuse Republicans of short changing American workers and favoring big corporations.
  • That matters. Under funding this stimulus will drag the entire global economy down. And any appearance that corporations are getting a more fair deal than individuals will make people not want to comply. A lack of compliance will drag on the crisis.
  • This is an opinion column. The thoughts expressed are those of the author.
  • Visit Business Insider's homepage for more stories.

The US economy contributes more than any other country to global GDP,about 15% of the total. When it falls into ruin, the entire global economy drags. We saw that happen during the financial crisis of 2008.

So it is imperative for the world that the US economy stay stable during the coronavirus pandemic, and that it can swing back to growth as soon as possible when it's over. 

See the rest of the story at Business Insider

NOW WATCH: Behind the scenes with Shepard Smith — the Fox News star who just announced his resignation from the network

See Also:

SEE ALSO: The coronavirus relief package is a dream for corporations, and a nightmare for struggling Americans

Britney Spears hasn't legally controlled her $59 million fortune in 12 years. Here's how the pop icon makes and spends her money, from Target shopping trips to California mansions.

Posted: 23 Mar 2020 10:29 AM PDT

britney spears.JPGMARIO ANZUONI/Reuters

Britney Spears is offering to help three fans amid the coronavirus pandemic.

On Friday, she said in an Instagram video that she'll help them buy much-needed necessities, reported Alaa Elassar for CNN. "Our world is going through such hard times right now," Spears said in the video. "Whether it's with food or I'm getting your child diapers or whatever it is, DM me and I will help you out."

Spears is taking part in the online movement #DoYourPartChallenge, Elassar wrote. People share how they're helping others during the coronavirus pandemic before nominating three others to do the same.

The pop icon "spearheaded the rise of post-millennial teen pop" and is "one of the most successful artists of all time," according to Rolling Stone, which also listed her as one of the top people who defined the millennial generation.

But Spears' time in the limelight hasn't always been positive. She stirred controversy after several public mental breakdowns and was put on a court-approved conservatorship in 2008.

That put her estate, financial assets, and some personal assets under control of her father and a lawyer. Financial records are required to be disclosed as part of Spears' conservatorship, so her fortune and spending habits are well documented to the public.

According to the most recent available financial documents, Spears has a $59 million net worth. And while she loves to drop money on beauty, clothes, and real estate, she also favors everyday stores like Target and is actively involved in charity.

Here's how Spears makes and spends her fortune.

Britney Spears' net worth is $59 million, according to 2019 court documents detailing her 2018 finances. She can thank her career as a pop icon for that.

Ethan Miller/Getty Images

Source: ET Online



Spears' 1999 debut album, "...Baby One More Time," sold 10.6 million US copies — one of 24 albums to hit the 10-million mark.

VEVO/Britney Spears

Source: Billboard

That's as recent as January 2019 and according to Nielsen Music, which began tracking sales in 1991.



Her first two albums were so successful she earned a nearly $10 million advance for her third, "In the Zone," and a $6.5 million net earning after production costs.

Kevin Winter/ Getty Images

Source: The New York Times




See the rest of the story at Business Insider

See Also:

SEE ALSO: BeyoncĂ© just gave a rare interview with Elle about motherhood and self-care. Here's how she spends her $400 million fortune, from yachting vacations to a private jet for Jay-Z.

DON'T MISS: Taylor Swift just turned 30, and she's already worth at least $360 million. Here's how the pop superstar makes and spends her ever-growing fortune.

Boeing is temporarily closing its factories across Washington state after an employee died of COVID-19 (BA)

Posted: 23 Mar 2020 10:25 AM PDT

Boeing 787 Everett FactoryBoeing

Boeing said on Monday that it would suspend production at its facilities in Washington state for two weeks, citing the ongoing novel coronavirus outbreak.

The announcement came one day after an employee from the company's Everett, Washington, plant died of COVID-19, the illness caused by the novel coronavirus. The worker, who was not immediately named, was the first death from the virus among the company's workforce.

See the rest of the story at Business Insider

NOW WATCH: Why Lamborghini's new hybrid is bad for the environment

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SEE ALSO: United says it could lay off more than half of its employees if it doesn't get help from the government as the coronavirus ravages the world's airlines

Coronavirus live updates: More than 360,000 people have been infected and over 15,400 have died. The US is now the third-worst-hit country. Here's everything we know.

Posted: 23 Mar 2020 10:25 AM PDT

coronavirus usaJohn Moore/Getty Images

  • The coronavirus that originated in Wuhan, China, in December has killed more than 15,400 people and infected more than 360,000. It has spread to at least 167 countries and territories.
  • The World Health Organization declared it a pandemic on March 11.
  • More than 12,000 deaths have been reported outside of mainland China, including 483 in the US.
  • Visit Business Insider's homepage for more stories.

The novel coronavirus has infected at least 360,697 people and killed at least than 15,488 worldwide as of March 23.

The World Health Organization declared it a pandemic on March 11. Since then, the virus has spread further and faster than ever. At least 168 countries and territories have reported cases.

Europe is the new epicenter of the disease, with an increasing number of cases erupting across the United States.

China — where the virus first began to spread in late 2019 — has seen a sharp drop-off in its rate of new cases. Italy has recorded 5,476 deaths, overtaking China as the country with most coronavirus-related deaths. In China, some 3,274 have been reported dead.

More than 100,400 people known to be infected have since recovered, mostly in China.

 

Many countries have declared nationwide lockdowns to slow the spread of the virus. The US has declared a state of emergency and is implementing other policies piecemeal across states and cities.

The US, the EU, and many other nations have closed their borders or otherwise dramatically restricted international travel.

Governments worldwide have committed more than $1 trillion to mitigating the economic fallout of the virus and of widespread quarantining, which is expected to bring about a global recession.

The US has reported cases in every state and has confirmed nearly 41,000 cases and more than 480 deaths. Click here for Business Insider's live updates about the US outbreaks.

Here's everything we know.

Coronavirus cases have been confirmed in 168 countries and territories.

 



China appears to have contained the spread of the coronavirus, but cases are surging in other parts of the world.

 

 



The number of deaths and cases is still surging worldwide. About 1,634 people died from the coronavirus on March 22, the highest number since the outbreak began.

Flavio Lo Scalzo/Reuters

Data compiled by the statistics website Worldometer, which uses data from organizations like the United Nations Population Division and World Health Organization, shows that March 22 was the deadliest day so far, with 1,634 deaths reported around the world.

That's compared to 1,626 new coronavirus deaths on March 21. The daily global death toll surged past 1,000 for the first time on March 19. 

On the same day, Chile and Singapore reported their first deaths, one in each country.




See the rest of the story at Business Insider

See Also:

SEE ALSO: The US has reported nearly 480 coronavirus deaths among over 39,000 cases. Here's what we know about the US patients.

DON'T MISS: Here are the symptoms of the coronavirus, and when you should be worried

I discovered Naked Wines through a suspiciously generous $100-off voucher, and I'm glad I tried it— the wines are surprisingly good, and the company uses an interesting model to support small winemakers

Posted: 23 Mar 2020 10:25 AM PDT

  naked wines facebook

  • I discovered Naked Wines thanks to a voucher for $100 off a case of wine. I gave it a try and was impressed by the quality of "easy drinking" wines, the 100% satisfaction guarantee, and the interesting way the company supports small winemakers.
  • Naked Wines is kind of like a "Shark Tank" for the wine industry. Winemakers propose a wine, and once it gets approved, Naked Wines gives them an advance to make it. Then, it gets sold for an affordable price on Naked Wines' website.
  • The way they fund the advance is through "Angel" members, aka customers who invest $40 every month into a wine bank account. This account is always available for you to spend, and you get perks including up to 60% off listed prices.
  • If you don't want to "invest," you can still buy bottles of wine like you would at a regular wine store.
  • Get a $100 voucher by clicking the top righthand "voucher" button and entering your email

If buying unique wines at wholesale prices and having them delivered to your doorstep sounds ideal, you should check out Naked Wines.

The 12-year-old company invests in over 150 indie winemakers around the world and uses a lean business model to bring unique, high-end wines to market for cheap.

See the rest of the story at Business Insider

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Scott Galloway: The coronavirus is 'our generation's test' — it's up to leaders to take responsibility for solutions, and young people to take charge in fighting the spread

Posted: 23 Mar 2020 10:24 AM PDT

Movie theater Regal coronavirusCarlo Allegri/Reuters

  • Scott Galloway is a bestselling author, well-known tech-industry pundit, and the professor of marketing at New York University's Stern School of Business.
  • The following is his recent blog post, republished with permission. It originally ran on his blog, "No Mercy / No Malice."
  • Galloway calls the coronavirus outbreak "our generation's test," reminiscent of events like 9/11.
  • He advises leaders to step up and young people to start taking this seriously and act smartly, saying that looking back, they'll wish they were the "concerned, uncool ones" — not those still out on public beaches partying away their spring breaks.
  • Visit Business Insider's homepage for more stories.

I've been through several crises.

1987: Dow crashes 22.6%. It was my first week of my first job after graduating UCLA. A bunch of the analysts went down from the 44th floor to the trading floor on the 17th, at 1251 Avenue of the Americas (Morgan Stanley), to witness what our boss said was a "historic event." A low-carbonated crisis, really, as I didn't have enough to worry about losing anything. That night we went to The Tunnel (NYC club in an abandoned subway station).

See the rest of the story at Business Insider

NOW WATCH: Taylor Swift is the world's highest-paid celebrity. Here's how she makes and spends her $360 million.

See Also:

SEE ALSO: Before SXSW was cancelled, NYU professor Scott Galloway said he would definitely be attending. Here's why — and how companies can bounce back from the coronavirus scare.

DON'T MISS: Trump went on a Twitter spree urging the US economy to go back to business as usual starting as early as next week

4 ways to protect yourself from the coronavirus while you're stuck at home

Posted: 23 Mar 2020 10:20 AM PDT

Passengers speak on balconies of the quarantined Diamond Princess cruise ship docked at a port in Yokohama, near Tokyo, Thursday, Feb. 20, 2020. Passengers tested negative for COVID-19 started disembarking since Wednesday. (AP Photo/Eugene Hoshiko)Associated Press

  • People across the US have withdrawn to their homes in efforts to halt the spread of the coronavirus.
  • But being cooped up at home can mean close contact with family members or roommates. Here are some ways to protect yourself from the illness in those conditions.
  • Visit Business Insider's homepage for more stories.

Editor's note: As coronavirus spreads through the country, states have closed schools and nonessential businesses and prohibited group gatherings. This leaves most of us at home, but many of us live in close quarters with other people.

We asked public health experts from the UNLV School of Public Health how people can protect themselves from being infected with the new coronavirus in these situations.

1. How do we protect ourselves from each other?

Reuters

The idea behind social distancing is to create physical separation that reduces each individual's risk of infection. While staying home in order to limit contact with others is straightforward, your contact isn't really limited unless you live alone.

While you can't avoid your family members altogether, you will have to think about your living situation and take reasonable steps that are appropriate for you and your family.

If there is someone with a compromised immune system in your home, the other family members should act as if they are a risk of infection to that person. They should limit direct contact with the compromised person as much as possible and wash their hands before any contact, just as a health care worker would.

Family members with compromised immune systems should also maintain a six-foot separation from other family member when possible. They should stay home and allow other family members to run errands such as picking up food or prescriptions for them.

During these uncertain and stressful times, it is important that we maintain our emotional interactions with others. You can still use text messages, phone calls or video chat to be part of each others' lives.

However, it is not the time for sleepovers, travel to visit relatives or friends, playdates, parties or small group gatherings. It is also not the time to visit older family members or friends at high risk of disease.



2. What if someone in my household has been exposed?

Just because a person has been exposed does not mean that they will get sick. The purpose of self-quarantine is to keep exposed people away from well people so that if they do become sick, they don't spread their illness.

Before schools and businesses closed, a person under self-quarantine stayed home while the rest of the family went about their normal lives. As everyone is now staying at home, you might be forced to spend more time in close contact with someone who has been exposed to a known case of coronavirus.

Infected people may be able to spread the virus before the symptoms begin, but experts don't yet know how likely they are to infect others and when they become infectious. This is why it is important that an exposed person limits contact with others in their household. While other members of the household don't need to do anything in particular, people under self-quarantine should:

• Practice social distancing with other household members, which means staying at least 6 feet away. If possible, stay in a separate room.

• Practice good hygiene and wash their hands regularly.

• Avoid sharing household items or eating utensils.

Clean high-touch surfaces, including your phone, game controllers, remotes, light switches, faucets and toilet handles, regularly. But be mindful of using strong chemicals in enclosed spaces, as improperly used chemicals can cause eye or throat irritation or breathing problems.

If the person does not develop the disease within 14 days of exposure, the risk has passed and the person no longer needs to self-quarantine.



3. One of us is sick. What do I do now?

John Moore/Getty Images

If you have to take care of a sick family member, you must also protect yourself. There are additional things that both of you can do to protect your health:

• Isolate the sick person from other people in the household in a separate room if possible.

• Have only a single family member care for that person, minimizing the risk to other family members.

• In addition to everyone practicing regular hand-washing, the caregiver should wash their hands after any direct contact with the sick person.

• The sick person should cover their mouth and nose with a tissue when they cough or sneeze, then discard it.

• Don't share household items or eating utensils.

• If the weather permits, open windows to increase ventilation.

You should continue these practices until the person is no longer infectious. Because testing is difficult to obtain, you can stop these steps 72 hours after symptoms have resolved and at least seven days have passed since symptoms first appeared.




See the rest of the story at Business Insider

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SEE ALSO: Vodka won't protect you — 4 things you should know about hand sanitizer

Melinda Gates is taking walks, Warren Buffett is drinking more Coke, and Elon Musk is still going to work. Here's how the world's richest people are preparing for the coronavirus outbreak.

Posted: 23 Mar 2020 10:20 AM PDT

Warren BuffettSpencer Platt/Getty Images

The ultrawealthy may have better access to testing for the novel coronavirus than ordinary Americans, but how they're passing the time as authorities urge people to social distance doesn't look all that different.

Authorities are asking Americans to stay in their homes as a respiratory illness caused by the virus has killed over 15,000 across the globe, including 479 in the United States. More than 360,000 people have been diagnosed with a respiratory illness caused by the virus, which is believed to have jumped from animals to people in a wet market in Wuhan, China.

Keep reading to see how some of the wealthiest people in the world are handling the coronavirus outbreak.

Tesla CEO Elon Musk is still going to the office — but told his employees that they don't have to.

Chris Carlson/AP Photo

"I will personally be at work, but that's just me," Musk wrote in a leaked email to Tesla employees. "Totally ok if you want to stay home for any reason."

Musk also wrote in the email that he believes that the public is overreacting to the pandemic. "My frank opinion remains that the harm from the coronavirus panic far exceeds that of the virus itself," Musk wrote. "If there is a massive redirection of medical resources out of proportion to the danger, it will result in less available care to those with critical medical needs, which does not serve the greater good."



Bill Gates announced his retirement from the boards of Microsoft and Berkshire Hathaway to focus on philanthropy after calling the coronavirus a "once-in-a-century pathogen."

fotopress/Getty Images

"I have made the decision to step down from both of the public boards on which I serve – Microsoft and Berkshire Hathaway – to dedicate more time to philanthropic priorities including global health and development, education, and my increasing engagement in tackling climate change," Gates posted on LinkedIn on March 13. "The leadership at the Berkshire companies and Microsoft has never been stronger, so the time is right to take this step."

Gates has previously warned that the world was not prepared for a pandemic. "I view the threat of deadly pandemics right up there with nuclear war and climate change," in an essay for Business Insider in 2017. "Innovation, cooperation, and careful planning can dramatically mitigate the risks presented by each of these threats."



Meanwhile, his wife Melinda Gates is working from home and enjoying the great outdoors.

REUTERS/Rick Wilking

"For my part, in between video meetings about our coronavirus response and other foundation issues, I've made a point to get outside (while still following social distancing rules!) to soak in the natural beauty of the Pacific Northwest," Gates wrote on Instagram.

The Gateses have also pledged to donate $100 million through their foundation to support treatment efforts across the globe, build infrastructure to treat patients in Africa and Southern Asia, and fund the development of a vaccine for the virus, Business Insider reported.




See the rest of the story at Business Insider

See Also:

SEE ALSO: The US has a shortage of coronavirus tests, so the ultra-wealthy are paying concierge doctors to do their own

DON'T MISS: A pharmaceutical company just announced a rapid-result coronavirus test — and its billionaire owner made $100 million

The best women's multivitamins

Posted: 23 Mar 2020 10:19 AM PDT

  • A multivitamin is vital in making sure you get your daily fill of nutrients without having to take a roster of supplements.
  • Our top pick, the Garden of Life Vitamin Code for Women, contains all the essentials like folate, calcium, magnesium, and probiotics, as well as enzymes to help you digest. 
  • Due to fears of the new coronavirus, many of these products are quickly selling out or appearing at prices well above market retail. We're doing our best to keep this guide updated with in-stock purchase links.
  • No amount of vitamins can replace current best practices like washing your hands often and avoiding touching your face to prevent illness.

Vitamins, if you bother to take them at all, aren't the easiest supplements to take. Growing up, my parents would set out a cupful of various vitamins at dinnertime, which I carefully distributed throughout the meal to minimize the torture — I was never fond of swallowing pills. 

As an adult, I've largely fallen off the vitamin bandwagon — but considering how important they are to a healthy diet, I've jumped right back on. If you're trying to get back into the habit of supplementing your diet with additional nutrition like me, a multivitamin is a great place to start. All the essentials, packed into just one pill — what more could you want?

But before you grab the first multi for women you see online, it helps to do a little research. Not all multivitamins are created equal and different body chemistries and lifestyles require boosts of different vitamins and minerals.

As detailed by Medical News Today, pregnant women or women over the age of 40 may want to look into specialty multivitamins formulated for their specific needs. Similarly, women who are breastfeeding require much higher levels of Vitamins A and C.

With how important it is to understand your body's needs and how highly personal multivitamins are, it's difficult to recommend just one that works for everyone. To help narrow down what's available, we've rounded up five of our favorite multivitamins for women, including a necessities-only pick, the best for women over 40, and a vitamin for those on a budget.

Here are the best women's multivitamins you can buy:

Updated on 3/23/2020 by Rick Stella: Updated the introduction to include more information from Medical News Today on the different types of vitamins and what women should look for before buying, checked the availability of each vitamin, and updated the prices, formatting, and links. 

The best multivitamin for women overall

Garden of Life

The Garden of Life Vitamin Code for Women is packed with essential nutrients, plus probiotics and enzymes to aid with digestion.

If you're in search of a multivitamin that does it all, Garden of Life's Vitamin Code for Women is a great choice. It's designed to meet the average woman's nutritional needs, so it's a solid option if you want a basic, effective supplement. Jam-packed with folate, calcium, magnesium, Vitamins A, C, D3, E, and B-Complex, the raw formula also reinforces breast and reproductive health.

A gluten-free and vegetarian vitamin, Garden of Life Vitamin Code for Women is made without binders or fillers and contains probiotics and enzymes to help with digestion. This is especially useful for anyone who suffers from stomach distress that can be aggravated by some multivitamins.

Pros: Kosher, gluten-free, vegetarian, contains probiotics, can be taken without food

Cons: Pricey

 



The best bargain multivitamin for women

Nature Made

Nature Made Multi for Her gives you a boost of iron, calcium, and D3 at a great value.

Vitamins can be expensive. If cost is a top concern for you Nature Made Multi for Her comes at a great value: 300 capsules for less than $25.

Nature Made Multi for Her contains 23 nutrients vital to women's health, including the daily recommended amounts of iron, calcium, and D3. It boasts a USP Verified Mark, demonstrating that the product has been vetted for safety and accurate labeling. They've also been formulated without the use of gluten or yeast, making them a great choice for anyone who suffers from celiac.

Pros: Great value, 23 nutrients, contains daily recommended amount of iron and calcium, yeast- and gluten-free, USP certified

Cons: Some users might find size large



The best necessities-only multivitamin for women

Ritual

Get the nutrients you absolutely need — nothing more, nothing less — with the paired-down Ritual Essential for Women formula.

More isn't always better when it comes to your multivitamin. Ritual Essential for Women is made with just the necessities in mind and absolutely no added bells-and-whistles or unwanted chemicals or fillers.

The Ritual philosophy, as described on the brand's website, is that "most multis have 20+ ingredients you already get enough of from food." In response, the brand has created a bare-bones formula containing only nine of the most essential nutrients: Iron, Omega-3, Vitamin B12, Vitamin D3, Folate, Vitamin K2, Boron, Vitamin E, and Magnesium.

Ritual also boasts transparency in ingredient sourcing and provides a ton of background information on each nutrient included in its supplements. The unique-looking gel capsule contains beads of vitamins and minerals suspended in oil, and the design is supposed to aid in digestion.

The capsules are vegan and gluten-,  allergen-, and GMO-free. Ritual offers a subscription model. For $30 each month, the company will send you a fresh bottle of your chosen supplement, so you'll never run out. In addition to Essential for Women, the company currently offers Essential Prenatal for pregnant individuals.

Pros: Subscription model, transparency about ingredient sourcing, no-nausea capsule design, can take on empty stomach

Cons: Pricey




See the rest of the story at Business Insider

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The coronavirus outbreak has already led to mass layoffs and furloughs. From Cirque du Soleil to Marriott, here are 9 major companies that have announced they are downsizing their workforces.

Posted: 23 Mar 2020 10:18 AM PDT

unemployment coronavirusAndrew Kelly/Reuters

This is a developing story, check back for updates.

Scandinavian Airlines (SAS) announced that it would temporarily lay off 10,000 employees — 90% of its staff — on March 15. SAS also halted the majority of its flights and is operating with limited service.

Nicolas Economou/NurPhoto/Getty

Source: Forbes



Norwegian Airlines announced the temporary layoff of 90% of its workforce on March 16, amounting to 7,300 employees. The airline also canceled 85% of its flights.

Johan Nilsson/TT via AP

Source: Reuters



Marriott International, the world's largest hotel company, said it has started to furlough what could amount to tens of thousands of employees on March 17. Furloughs, as opposed to layoffs, occur when employees are required to take an unpaid leave of absence. Arne Sorenson, the president and CEO, announced that his own salary will be suspended for the rest of the year and senior executives' salaries will be reduced by 50%.

Drew Angerer/Getty Images

Source: Wall Street Journal, Business Insider, Business Insider




See the rest of the story at Business Insider

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Nearly 4 million people who work in the US hotel industry could lose their jobs due to the coronavirus. Here's how much everyone who works at an American hotel makes.

Posted: 23 Mar 2020 10:16 AM PDT

maid housekeeper making bed hotelJoe Raedle/Getty Images

  • Four million US hotel industry jobs could be eliminated in the coming weeks as hotels experience unprecedented booking cancellations due to the coronavirus, according to the American Hotel & Lodging Association. 
  • Hotels employ a variety of workers, such as concierges, housekeepers, accountants, and event planners.
  • The Bureau of Labor Statistics provides data on wages and employment in the hotel industry.
  • Servers earn a median of $23,100 a year, while housekeeping cleaners earn a median of $23,310 a year.
  • Visit Business Insider's homepage for more stories.

Nearly four million US hotel industry jobs could be eliminated in the coming weeks, according to the American Hotel & Lodging Association. It comes as hotels across the country experience unprecedented booking cancellations due to the coronavirus.

Marriott, the largest hotel company in the world, has already begun furloughing tens of thousands of employees amid global hotel closings, the Wall Street Journal reported.

Hotels employ a wide variety of workers, and salaries range from well below the median wage to very high paying, so some workers will be better poised than others to handle layoffs.

The Bureau of Labor Statistics' Occupational Employment Statistics program offers data on employment and wages across different occupations and industries, including the traveler accommodation industry.

Hotel jobs tend to be lower paying than average. The median annual wage for an employee in the traveler accommodation industry was just $32,420, below the overall median wage of $38,640, in 2018 (the most recent data). Housekeepers, for example, earned just $23,310 per year in 2018.

Here are all the occupations for which at least 4% of hotel-industry establishments reported having employees, ranked from lowest to highest wage, along with their median annual pay and the number of people in that job:

37. Non-restaurant food servers earn a median of $22,460 a year, and there are 28,560 employed in the hotel industry.

Robert Pratta/Reuters

36. Servers earn a median of $23,100 a year, and 156,740 are employed in the hotel industry.

Patrick T. Fallon/Reuters

35. Maids and housekeeping cleaners earn a median of $23,310 a year, and there are 466,660 employed in the hotel industry.

Joe Raedle/Getty Images


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Former Bloomberg campaign worker files lawsuit, claiming she and other staffers were lured into the job with false promises of employment through November

Posted: 23 Mar 2020 10:04 AM PDT

michael bloomberg.JPGLucas Jackson/Reuters

  • A former worker on Michael Bloomberg's presidential campaign filed a proposed class-action lawsuit on Monday, saying that she and other staffers were tricked into the job. 
  • The billionaire entered the race in November, pledging to keep his campaign running through the election, even if he didn't become the Democratic Party nominee. 
  • But last week, he laid off his remaining staff and transferred $18 million to the Democratic National Committee instead. 
  • Donna Wood, who worked on the Bloomberg campaign in Miami, is the staffer behind the lawsuit. 
  • Visit Business Insider's homepage for more stories.

Three days after Michael Bloomberg laid off his remaining campaign workers, a former staffer has filed a proposed class-action lawsuit against the campaign, saying she and thousands of others were hired under false pretenses. 

When the billionaire entered the race at the end of November, he promised that even if he didn't win the Democratic Party's nomination, he would keep his campaign going to help the eventual nominee defeat President Donald Trump.

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The 'Trump bump' in stocks has been completely erased as the US scrambles to contain coronavirus

Posted: 23 Mar 2020 10:02 AM PDT

donald trump election nightMark Wilson/Getty Images


The "Trump bump" is no more.

The Dow Jones industrial average's decline on Monday officially marked the erasure of all gains the index made following President Donald Trump's election victory on November 8, 2016.

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US Surgeon General warns Americans to follow the coronavirus guidelines to stay home: 'This week it's going to get bad'

Posted: 23 Mar 2020 10:02 AM PDT

U.S. Surgeon General Jerome Adams arrives at the White House March 20, 2020 in Washington, DC. (Alex Wong:Getty Images)Alex Wong/Getty Images

A week ago, the United States had 4,000 confirmed cases of COVID-19, the disease caused by the new coronavirus. By Monday morning, more than 39,000 people were sick in the US and at least 477 people had died.

As states brace for triage and clamp down on nonessential social and economic functions, US Surgeon General Jerome Adams has a warning: In the immediate future, the outbreak in the US will get worse.

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Do I qualify for unemployment? How to apply for benefits if you've lost work due to the coronavirus outbreak

Posted: 23 Mar 2020 10:01 AM PDT

woman using phone in kitchen10'000 Hours/Getty Images

  • Each state has its own requirements to qualify for unemployment benefits, but in most cases you must have been laid off through no fault of your own.
  • Self-employed workers and independent contractors typically do not qualify for unemployment benefits.
  • Uber and Instacart are offering some help to workers who have been diagnosed with COVID-19 or are in quarantine.
  • Read more personal finance coverage.

In order to qualify for unemployment benefits, you must meet a few requirements. It's important to note that each state has its own eligibility requirements.

To qualify, you must be laid off through no fault of your own. This will be true for most workers affected by coronavirus-related layoffs and reductions in work. If you are fired or you quit voluntarily, you may not be eligible for unemployment benefits. 

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From Podcast to Streaming Music Ad Creative — Different Approaches Yield Different Results

Posted: 23 Mar 2020 10:01 AM PDT

At Business Insider Intelligence, our mission is to bring you the most important insights, data and analysis from the digital world. So when we come across outstanding research from our partners that we think our audience can benefit from, we like to make sure you hear about it.  That's why we're giving you a preview of eMarketer's new report: Digital Audio Advertising . You can purchase and download the full report here. More people than ever in the US are spending time with digital audio, leading to growing advertising opportunities. To properly communicate with audiences, advertisers should make sure the right creatives are used with the right audio formats. Otherwise, they run the risk of annoying or alienating their audiences.Which Types of Digital Ads Do US Internet Users Consider Annoying

In a July 2019 survey conducted by customer experience analytics firm Bizrate Insights and commissioned by eMarketer, almost half of US internet users considered audio ads on music streaming services or podcasts to be annoying.

So how are audio advertisers catering to consumers and cutting through the clutter?

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Costco is paying to keep its sample servers employed as store cleaners after the service was suspended amid coronavirus concerns

Posted: 23 Mar 2020 09:49 AM PDT

costco employee sample shoppingTim Boyle / Getty Images

  • Costco recently pulled free food samples from many of its stores across the globe as a hygiene measure.
  • The people who used to serve samples in their stores have recently shifted to cleaning and sanitizing carts and shelves.
  • A third-party company, Club Demonstration Services (CDS), handles Costco's product demonstrations in certain countries and is responsible for paying these employees.
  • A representative from Costco said the warehouse chain is paying CDS to keep paying the workers as they continue to do other jobs for Costco.
  • Visit Business Insider's homepage for more stories.

Costco stopped giving out free food samples at some of its stores around the world as a hygiene precaution amid the coronavirus outbreak.

Now, many of the employees who used to serve samples have shifted to cleaning the stores and sanitizing carts and shelves, a Costco spokesperson confirmed.

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Pro Tips: How to cook the perfect medium-rare steak, according to Pat LaFrieda

Posted: 23 Mar 2020 09:45 AM PDT

  patfilet

  • Meat purveyor Pat LaFrieda is an old-school do-it-yourselfer, a formidable trait that bleeds into his cooking. He is precise and foolproof in his methodology. 
  • We asked the man behind the meat at places like Boucherie, Minetta Tavern, and, yes, Shake Shack, for his tried-and-true instructions on how to cook the perfect medium-rare steak.
  • Rule number one? A good steak, as any cook worth their salt might contest, is already so rich in flavor that very little needs to be done in the way of preparation and seasoning.
  • Here are his stern but simple instructions.

This is Pro Tips, where industry experts share their secrets. Here, we asked meat purveyor Pat LaFrieda how to cook the perfect medium-rare steak.

Pat LaFrieda is an old-school do-it-yourselfer, a formidable trait that bleeds into his cooking. He is precise and foolproof in his methodology. Rule number one? A good steak, as any cook worth their salt might contest, is already so rich in flavor that very little needs to be done in the way of preparation and seasoning. Other tidbits? High heat is essential. A thermometer, unless your very vocation is grilling steaks day-in, day-out, is a very good idea. Have a resting rack ready. And for the sake of all things good and decent in the wide, wonderful world of meat: Do not jab your steak with a fork to judge whether it's cooked to your liking.

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