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  • 13 ways to give back during the coronavirus outbreak (4498 characters)

    Wed, 25 Mar 2020 19:30:00 -040013 ways to give back during the coronavirus outbreakThe Points Guy

    It’s a scary and unpredictable world we’re living in. As coronavirus cases continue to rise, more and more people are struggling in some way, whether it’s physically, financially or mentally.

    As we all continue to do our part by staying home, there are a few additional ways you can help those who are struggling. We’ve put together this helpful list:

    Donate to a local food bank

    There are thousands of Americans out of work and many are struggling to provide their families with sustainable meals. If you have the means to do so, consider donating food to your local food bank. Here are some NYC-based organizations.

    City Meals – In need of 200,000 meals

    This organization is, “taking donations to ensure every one of our homebound elderly neighbors in need has nourishing meals during this dangerous outbreak.?

    Food Bank for New York City – Every $1 provides 5 meals

    The Food Bank for New York City is committed to ensuring New Yorkers in need continue to have access to meals during times of crisis. 

     God?s Love We Deliver – Looking for volunteers and donations for emergency meal bags

    A nonsectarian organization that prepares and delivers “nutritious and medically tailored meals” to people living with illnesses. Donate here.

    Donate to the CDC Philanthropy COVID-19 Response Fund

    This fund supports nonprofit organizations working in areas identified as having high numbers of affected individuals and those working with the most vulnerable populations. Areas of emphasis include helping health-care workers purchase masks, gowns, gloves and other protective equipment; supporting quarantined and vulnerable individuals; and hygiene promotion campaigns. You can donate here.

    Donate to “Feed the Frontline”

    Healthcare providers are working tirelessly to not only treat COVID-19 patients, but their regular patients as well. These doctors, nurses, janitors, security guards, sonographers, and transporters are on the frontlines trying to fight this pandemic and many don’t have time to prepare meals. Donate to provide meals for hospital employees here.

    Donate blood

    There is a massive blood shortage right now and high demand for blood. Blood drives have been shut down, but many blood banks are open and stepping up efforts to keep their facilities safe and sanitized to ensure everyone’s health and safety. If you’re healthy, consider donating. To find hours and locations of blood banks in your area, visit the Red Cross website.

    Buy a Social Distancing Hat to support Meals on Wheels

    All proceeds from this stylish hat ($30) will go directly to Meals on Wheels, which brings food to the elderly so that they can safely stay inside. Buy it here.

    Buy a Cameo of Brian and provide a meal for a hungry kid

    TPG himself is now live on Cameo and ready to record whatever message you request. All proceeds ($100/message) will go directly to No Kid Hungry, an organization dedicated to ending child hunger. Currently, No Kid Hungry is especially focused on providing healthy meals to kids who are no longer getting them due to coronavirus-related school closures. Book a Cameo here.

    Support a local business

    With many states ordering the closure of non-essential businesses, small business owners are struggling. However, there’s a few ways you can still show you support like buying a gift card. Check out some other ways to support here.

    Donate masks and gloves to local hospitals

    Hospitals are running short on protective gear. If you have extra masks or gloves, consider donating to those on the frontlines.

    Check-in with your neighbors

    This is an unprecedented global pandemic, everyone is struggling in someway. Be kind and call your neighbors to see how they’re doing.

    Video with family and friends

    With everyone social distancing, it can get pretty lonely ? especially for those who live alone or are self-isolating. Set-up a time for some group FaceTimes.

    Give your public transportation pass to a necessary worker

    If you have an unlimited or multi-ride pass for local public transportation that you’re no longer using, consider donating it to someone who has to get into work each day. Health care professionals, first responders, and even grocery store workers are on the front lines of fighting this disease. They could use the free ride.

    (Featured photo by Parinda Yatha / EyeEm / Getty Images)

    Related
    Help feed hungry kids by booking a TPG Cameo [The Points Guy]
  • iFixit MacBook Air Teardown Finds More Repairable Than Predecessor (2092 characters)

    Wed, 25 Mar 2020 19:20:00 -0400iFixit MacBook Air Teardown Finds More Repairable Than PredecessorSlashdot

    iFixit tore apart the updated MacBook Air and found that Apple made a few changes making for a more repairable notebook than the last generation. All in all, the new 2020 MacBook Air got a 4/10 repairability score from iFixit, which is one point higher than the previous-gen model which scored 3/10. 9to5Mac reports: iFixit highlights in its full teardown that the update to the reliable Magic Keyboard only added 0.5mm to the thick end of the new MacBook Air... a more than worth it trade-off: "More than anything, that 0.5 mm illustrates the sheer unnecessary-ness of the five painful years that Mac fans spent smashing on unresponsive butterfly keyboards. Knowing that Apple's thinnest-and-lightest notebook accommodates a scissor-switch keyboard so gracefully makes us wonder what it was all for. We understand as well as anyone the urge to fix things, but Apple's insistence on reworking and re-reworking the troubled butterfly design came at such a high cost -- financially, environmentally, and to the Mac's reputation -- and for what? We'll probably never know all the factors that led to the creation and persistence of the butterfly keyboard, but this Magic keyboard is a reminder that sometimes the difference between usable and unusable, or repairable and unrepairable, can be as small as half a millimeter." Past the keyboard update, iFixit found a nice improvement to how Apple has implemented the trackpad cable: "Where last year the trackpad cables were trapped under the logic board, they are now free to be disconnected anytime -- meaning trackpad removal can happen as soon as the back cover comes off. And since the battery rests under these same cables, this new configuration also greatly speeds up battery removal by leaving the logic board in place. That's two very tasty birds, one stone, for those of you counting. This is one of those happy (but all too rare) occasions where we can identify a hardware change from Apple that's squarely aimed at improving serviceability in the existing design. Sometimes they do listen!"

    Read more of this story at Slashdot.

  • UPDATE 5-New York sees glimmer of progress against coronavirus, New Orleans worsens (262 characters)

    Wed, 25 Mar 2020 19:09:00 -0400UPDATE 5-New York sees glimmer of progress against coronavirus, New Orleans worsensReuters: Company News

    New York state, leading the country in coronavirus infections and deaths, has begun showing tentative signs of slowing the spread of the disease, Governor Andrew Cuomo said on Wednesday, while the health crisis deepened in hard-hit New Orleans and elsewhere.

    Related
    New York state bans gatherings exceeding 500 people on coronavirus fears [Reuters: Health News]
    New York sees glimmer of progress against coronavirus, New Orleans worsens [Reuters: Health News]
  • Airbnb holds meeting with bankers to extend $1 billion debt facility: source (260 characters)

    Wed, 25 Mar 2020 19:08:00 -0400Airbnb holds meeting with bankers to extend $1 billion debt facility: sourceReuters: Business News

    Airbnb Inc on Wednesday held a phone meeting with bankers to discuss extending an existing $1 billion debt facility as the home rental start-up grapples with a slowdown from the coronavirus outbreak, according to a source who participated in the meeting. 

    Related
    UPDATE 1-Airbnb holds meeting with bankers to extend $1 bln debt facility -source [Reuters: Company News]
  • Bolsonaro calls coronavirus lockdown in Brazil's major cities a 'crime' (251 characters)

    Wed, 25 Mar 2020 19:06:00 -0400Bolsonaro calls coronavirus lockdown in Brazil's major cities a 'crime'Reuters: World News

    President Jair Bolsonaro on Wednesday blasted as criminals the governors and mayors of Brazil's largest states and cities for imposing lockdowns to slow the coronavirus outbreak, drawing fierce backlash as the death toll in the country rose to 57.

    Related
    Bolsonaro urges Brazilians back to work, dismisses coronavirus 'hysteria' [Reuters: World News]
    Bolsonaro urges Brazilians back to work, dismisses coronavirus 'hysteria' [Reuters: Health News]
    Bolsonaro calls coronavirus lockdown in Brazil's major cities a 'crime' [Reuters: Health News]
  • Trump says he will sign coronavirus relief package right away (252 characters)

    Wed, 25 Mar 2020 19:03:00 -0400Trump says he will sign coronavirus relief package right awayReuters: Politics

    President Donald Trump said on Wednesday he would sign a $2 trillion legislative package to address the economic impact from the coronavirus pandemic into law immediately after it is passed and encouraged lawmakers to bring it over the finish line.

  • Olympics: U.S. ticket holders told purchases will be honored in 2021 (284 characters)

    Wed, 25 Mar 2020 19:03:00 -0400Olympics: U.S. ticket holders told purchases will be honored in 2021Reuters: Sports News

    Tokyo Olympics ticket holders in the United States will not immediately get refunds in light of the event's postponement due to the coronavirus pandemic, but will be able to use existing tickets when the competition happens next year, the official ticket seller said on Wednesday.

  • Ben Moon: Surf, Survival, and Life on the Road (1372 characters)

    Wed, 25 Mar 2020 19:01:00 -0400Ben Moon: Surf, Survival, and Life on the RoadChase Jarvis Blog

    Since we’re home, I’m working to bring more LIVE conversations to you from our living rooms. ? Join me + adventure photographer / filmmaker Ben Moon at 12:30PM PST tomorrow. There will be a live chat, so please ask us some questions as well. See you there. You might know Ben from his adventure and lifestyle photography or his beautiful films. Surviving cancer in his 20s gradually shifted his artistic focus from capturing the pursuit of adventure to telling nuanced human stories that have inspired and impacted millions. Most notably, his personal story battling colorectal cancer and his special relationship with his dog Denali, which he shares in his beautiful viral short film, now turned book, Denali. ABOUT BEN Ben Moon is an adventure, lifestyle, and portrait photographer whose vibrant images have graced the pages of Patagonia catalogues for the past 18 years.  In recent years, he has shifted his focus to filmmaking. In 2015, he founded his production company, Moonhouse as a platform for collaboration with friends and creatives to bring a wide range of thought-provoking, impactful and cinematically beautiful stories to life on-screen. As a director, Ben?s unique ability to connect with his subjects paired with the talent […]

    The post Ben Moon: Surf, Survival, and Life on the Road appeared first on Chase Jarvis Photography.

  • How to change or cancel a Delta Air Lines flight (13880 characters)

    Wed, 25 Mar 2020 19:00:00 -0400How to change or cancel a Delta Air Lines flightThe Points Guy

    Delta Air Lines is often seen as one of the best domestic U.S. airlines in the sky. At the 2019 TPG Awards, the airline took the award for the best U.S. airline loyalty program, and its top-tier Diamond Medallion status took home the honor for best elite status. However, how does Delta stack up when it’s time to change or cancel a ticket?

    This isn’t something that most travelers think of until it’s time to actually adjust a nonrefundable ticket. This may not happen often, but travel plans do change, especially when you’re traveling during a natural disaster or another time of uncertainty ? like the worldwide coronavirus outbreak that’s having far-reaching impacts on the travel industry.

    Stay up-to-date on the outbreak by visiting our hub page for coronavirus coverage and signing up for our daily newsletter.

    Unfortunately, Delta has one of the most restrictive change and cancellation policies for both nonrefundable and award tickets, so in this article, we’ll walk you through all there is to know about changing or canceling Delta tickets. We’ll start by taking a look at Delta travel waivers related to the coronavirus (and other times when the airline may issue a travel waiver), and then dive into canceling both paid and award tickets.

    Canceling or changing Delta tickets during a travel waiver

    Delta frequently publishes travel waivers during bad weather, natural disasters and other times when the airline expects to cancel lots of flights. This lets the airline make changes before customers arrive at the airport, saving congestion at the gate and ticket counter. Sometimes these waivers let you change your tickets for free during a very specific period, and other times it offers broader change periods. The specifics of each travel waiver will vary based on the situation.

    These travel waivers are usually listed at the top of Delta’s website when in effect. Likewise, Delta may email you if you’re traveling on a ticket that’s eligible to be changed or canceled for free under a travel waiver.

    One example of a broad waiver is the blanket travel waiver that ? as of the time of writing this article ? is in effect for flights booked during the coronavirus outbreak. This travel waiver covers all flights across Delta’s network and it’s been updated several times since the outbreak took over U.S. news headlines. You can view the full policy on Delta’s website, but at the time of writing, the following waivers are in effect:

    • All change fees are waived for U.S. domestic and international travel through May 31, 2020. Travel between June 1 and December 31, 2020, can be changed, but a fare difference will apply.
    • Delta tickets can also be canceled in exchange for a travel credit equal to the amount of the ticket for free.
    • Tickets purchased in March can be changed as many times as you’d like without a change fee. Other tickets can be changed once.

    Again, make sure to review Delta’s website for up-to-date info on the carrier’s coronavirus travel waivers. These may be extended or adjusted depending upon how long the outbreak continues.

    It?s important to understand the full terms of the travel waiver you’re using. For example, canceling a ticket under the coronavirus travel waiver won’t entitle you to a full refund to your credit card. Instead, you?ll be issued a Delta flight credit that you can use toward a future Delta ticket. If you cancel an award ticket, on the other hand, you’ll receive a full refund of your SkyMiles to your Delta account. According to a Delta spokesperson, the carrier is waiving the standard fee for redepositing your miles ? normally $150.

    If you booked your trip using an Online Travel Agency (OTA) like Orbitz or Expedia, you won?t be able to cancel your ticket through the Delta website. If your ticket is covered by the travel waiver, you have to call your OTA and request a change or cancellation. All fees should still be waived for eligible tickets.

    One exception to this rule is tickets booked through the Chase Ultimate Rewards Travel Portal or Amex Travel. Delta tickets booked through these credit card portals can be canceled or changed on the Delta website, so simply find your reservation on the Delta website and make the requested changes online.

    Changing or canceling paid Delta tickets

    Paid Delta tickets that aren’t covered by a travel waiver can still be changed or canceled, but you’ll typically be charged a hefty fee. The only types of Delta tickets that cannot be changed or canceled are basic economy tickets ? unfortunately, these tickets can only be changed or canceled under very specific circumstances, which we’ll cover later in this article.

    If you’re not eligible for a travel waiver or another special situation that lets you adjust a ticket for free, you’ll be subject to one of the following fees if you need to cancel or change a Delta flight.

    In the case of international flights, you’ll pay a minimum of $200 to change your flight and a maximum of $500. The actual cost of the change or cancellation depends on the length of your flight. Delta does note, however, that all flights to Canada cost a flat rate of $200.

    As noted previously, Delta will not issue a refund for nonrefundable fares. Instead, the change or cancellation fee will be subtracted from the cost of the ticket, and the remainder will be issued as a flight credit that you can use towards a future Delta flight. As an example, if you cancel a $600 flight from New York-JFK to Vancouver (YVR), you’ll get a $400 flight credit that can be applied to any future Delta flight.

    Refundable Delta fares can be canceled for free at any time before the flight departs for a full refund to the original form of payment. You can make changes to or cancel a ticket by pulling up your Delta itinerary on the Delta website.

    Changing or Canceling Delta award tickets

    Canceling or changing a Delta award ticket booked with SkyMiles is more straightforward than paid flights. Like paid tickets, basic economy awards can’t be changed or canceled. All other award tickets can be changed or canceled for a flat fee of $150, including both domestic and international flights.

    When you cancel an award ticket and pay the $150 fee, your miles will be redeposited back into your Delta account. If, on the other hand, you opt to change a ticket instead, you’ll be responsible for both the fee and any mileage difference between your current flight and the new flight you book. For example, if you’re changing a trip that initially set you back 100,000 SkyMiles to a flight that now costs 120,000 SkyMiles, the extra 20,000 SkyMiles will be deducted from your account in addition to the $150 change fee.

    This fee is waived for Diamond and Platinum Medallion members, though travelers with lower tiers of elite status still need to pay it.

    One major downside to Delta award tickets is that they must be changed or canceled 72 hours before departure. Changes cannot be processed after this time, and you’ll forfeit your miles if you cancel a ticket within 72 hours of travel.

    You can change or cancel a Delta award ticket by pulling up your reservation on the Delta website and clicking the Modify Flight button at the top of the screen and following the on-screen prompts. The mileage refund may take a couple of hours to appear back in your Delta account but usually processes on the same day.

    Changing or canceling tickets booked with credit card points

    Delta tickets booked through credit card travel portals like the Chase Ultimate Rewards travel portal, Amex Travel or Citi ThankYou Travel Portal are subject to the same cancellation fees discussed earlier. As discussed earlier, this includes tickets covered by travel waivers.

    The Chase travel portal and Amex Travel are both letting customers covered by the coronavirus travel waiver to change or cancel tickets directly on Delta’s website. All of the same travel restrictions apply to tickets booked through these portals, so make sure you know the ins-and-outs before you cancel your ticket.

    Check out our full guide to canceling tickets booked with credit card points for more information.

    How do you change or cancel your Delta flight?

    All Delta flights (that were purchased directly from Delta) can be quickly changed or canceled online. Just head to Delta.com and follow these steps:

    1. Log in to your Delta account.
    2. Click Manage My Trips and select the trip you’d like to change or cancel.
    3. Click the Modify Trip button at the center of the screen.
    4. Choose if you’d like to change or cancel your trip.
    5. Follow the on-screen prompts.

    If you do cancel a paid ticket, Delta will email you an eCredit within 24 hours. Make sure to save this email and use the eCredit towards your next paid Delta booking.

    If you?re unable to access your reservation online ? for example, if you booked with an OTA ? you?ll need to call your OTA of choice to cancel or book your ticket.

    Do note that same-day changes are processed differently than standard flight changes for paid Delta flights. Same-day changes are cheaper at $75, but you can only move to flights on the same route that are departing on the same day that you’re booked to travel. This fee is waived for Delta Gold Medallion, Platinum Medallion, and Diamond Medallion customers. You can make this change at check-in or by pulling up your reservation and selecting the same-day confirmed option.

    READ MORE: How to refund a nonrefundable airline ticket

    How can you avoid change and cancellation fees on Delta?

    Beyond travel waivers, there are a few ways to avoid paying change and cancellation fees on Delta flights. Here are some scenarios where you may be able to change or cancel your flight for free.

    Within 24 hours of booking

    The U.S. Department of Transportation requires all airlines to give customers a 24-hour window to cancel flights after booking. Tickets booked directly through Delta can be canceled for free on Delta.com during this 24-hour grace period, and your refund will be processed to the original form of payment. Note that your flight must be departing at least 48 hours after booking to be eligible for this refund.

    Schedule changes

    If your Delta flight is subject to a schedule change of 90 minutes or more, you can cancel or change your flight for free. This usually happens when you book a flight far in advance, as Delta will generally finalize its flight schedules at the start of the season, meaning that flight schedules booked before this are determined by the airline’s current and historic flight schedules.

    Likewise, smaller changes that leave you with a too-short (or illegal) connection may also make you eligible for a free flight change. Delta will generally notify you about these changes as soon as they’re made, but you should also review your existing trips regularly to identify these as soon as possible. When one happens, give the airline a call to assess your options and see if you’re eligible for a complimentary change or cancellation.

    Flight cancellations

    Sometimes an airline may cancel your flights outright. This can happen when an airline anticipates decreased demand or makes a change to its route network after you’ve already booked a ticket. It can also happen at the last minute due to bad weather, mechanical problems or other unforeseen issues. If you’re subject to a flight cancellation, Delta will often try and book you on an alternate flight free of charge. However, you should also be able to request a free cancellation and refund to your credit card.

    Elite status

    As noted earlier, Delta Platinum and Diamond Medallion customers can change or cancel award tickets for free. Also, customers with Gold Medallion status or higher can make same-day changes for free online or by calling the airline. Finally, these higher-tier elite customers may be granted additional leniency when it comes to these fees. As we say here at TPG, it never hurts to ask.

    Special circumstances

    Some special situations could allow you to change or cancel a Delta flight for free. You’re eligible for a full refund of your flights if you receive an unexpected military deployment or change in orders, or if you or one of your travel companions passes away before departure. In either of these cases, Delta will likely require that you send supporting documentation before it processes your refund.

    Finally, even if your specific reason for changing or canceling a flight isn?t covered by any of the above waivers, it’s still worth calling to plea your case. Some phone representatives may be sympathetic to the reason you need to cancel your ticket and offer a one-time waiver of the change or cancellation fee. Just make sure to go into the call without expectation and be kind to the representative regardless of the outcome.

    Bottom line

    Canceling or changing an airline ticket is never fun, but the experience is a lot less stressful when you know what to expect. Delta charges up to $500 per ticket for changes or cancellations, so it’s in your best interest to stay on the lookout for travel waivers, schedule changes and other circumstances that could make you eligible for fee waivers. This is especially true with the ongoing coronavirus outbreak, so be sure you review all of Delta’s policies so you aren’t surprised when you need to adjust your next Delta itinerary.

    Feature photo by Patrick T. Fallon/Bloomberg/Getty Images

    Related
    Delta becomes the first U.S. airline to extend elite status [The Points Guy]
  • Factbox: Latest on the spread of the coronavirus around the world (312 characters)

    Wed, 25 Mar 2020 18:57:00 -0400Factbox: Latest on the spread of the coronavirus around the worldReuters: World News

    New York, experiencing more coronavirus deaths and infections than any other U.S. state, is showing tentative signs of slowing the spread of the virus, as U.S. senators were set to vote on Wednesday a $2 trillion bipartisan package of legislation to alleviate the devastating economic impact of the pandemic.

    Related
    New York sees some signs of progress against coronavirus as New Orleans hit hard [Reuters: U.S.]
    UPDATE 3-New York sees some signs of progress against coronavirus as New Orleans hit hard [Reuters: Company News]
  • Factbox: Latest on the spread of the coronavirus around the world (312 characters)

    Wed, 25 Mar 2020 18:57:00 -0400Factbox: Latest on the spread of the coronavirus around the worldReuters: Health News

    New York, experiencing more coronavirus deaths and infections than any other U.S. state, is showing tentative signs of slowing the spread of the virus, as U.S. senators were set to vote on Wednesday a $2 trillion bipartisan package of legislation to alleviate the devastating economic impact of the pandemic.

    Related
    Unprecedented $2 trillion U.S. coronavirus stimulus bill poised for Senate vote [Reuters: Politics]
    UPDATE 9-Tempers rise as U.S. Senate awaits vote on $2 trillion coronavirus bill [Reuters: Company News]
    Factbox: What's in the $2.2 trillion Senate coronavirus rescue package [Reuters: U.S.]
  • Nigerian army prepares for coronavirus lockdown, mass burials (253 characters)

    Wed, 25 Mar 2020 18:56:00 -0400Nigerian army prepares for coronavirus lockdown, mass burialsReuters: World News

    The Nigerian Army is preparing to forcibly transfer the sick to hospital and enforce curbs on movement to try to shield the country from the coronavirus, and is leasing equipment for "possible mass burial", according to an army memo seen by Reuters.

  • Group 1 signals major drop in March auto demand, furloughs nearly 6,000 staff (256 characters)

    Wed, 25 Mar 2020 18:51:00 -0400Group 1 signals major drop in March auto demand, furloughs nearly 6,000 staffReuters: Company News

    Auto dealership Group 1 Automotive Inc said on Wednesday its overall U.S. vehicle sales in March were down 50% to 70% from normal levels and that its chief executive officer would take a 50% pay cut, as the coronavirus outbreak roils the auto industry.

  • The exFAT Filesystem Is Coming To Linux -- Paragon Software's Not Happy About It (898 characters)

    Wed, 25 Mar 2020 18:40:00 -0400The exFAT Filesystem Is Coming To Linux -- Paragon Software's Not Happy About ItSlashdot

    couchslug shares an excerpt from Ars Technica: When software and operating system giant Microsoft announced its support for inclusion of the exFAT filesystem directly into the Linux kernel back in August, it didn't get a ton of press coverage. But filesystem vendor Paragon Software clearly noticed this month's merge of the Microsoft-approved, largely Samsung-authored version of exFAT into the VFS for-next repository, which will in turn merge into Linux 5.7 -- and Paragon doesn't seem happy about it. Yesterday, Paragon issued a press release about European gateway-modem vendor Sagemcom adopting its version of exFAT into an upcoming series of Linux-based routers. Unfortunately, it chose to preface the announcement with a stream of FUD (Fear, Uncertainty, and Doubt) that wouldn't have looked out of place on Steve Ballmer's letterhead in the 1990s.

    Read more of this story at Slashdot.

  • UPDATE 3-Micron sees revenue above estimates as demand rises for remote-work devices (414 characters)

    Wed, 25 Mar 2020 18:33:00 -0400UPDATE 3-Micron sees revenue above estimates as demand rises for remote-work devicesReuters: Company News

    Chipmaker Micron Technology Inc forecast current-quarter revenue above analysts' estimates on Wednesday and said the shift to work-from-home globally due to the coronavirus outbreak is fueling demand for notebooks and data center services. Authorities around the world have locked down cities, enforced severe restrictions on travel and encouraged people to stay at home to contain the rapidly spreading virus.

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    UPDATE 5-Trump touts 'great' Saudi-Russia oil deal to halt price rout, details unclear [Reuters: Company News]
    Micron sees revenue above estimates as demand rises for remote-work devices [Reuters: Technology News]
    UPDATE 7-Trump touts 'great' Saudi-Russia oil deal to halt price rout, but details unclear [Reuters: Company News]
  • GM undergoes delicate balancing act to shore up liquidity through crisis (260 characters)

    Wed, 25 Mar 2020 18:32:00 -0400GM undergoes delicate balancing act to shore up liquidity through crisisReuters: Company News

    NEW YORK, March 25 (LPC) - General Motors Co (GM) is managing a delicate balancing act as it readies to draw down US$16bn in loans while refinancing debt of similar size, facing a longer than expected shutdown of its plants and considerable revenue losses.

  • Mexico's Maya crude rose to $16.81 per barrel - Platts (275 characters)

    Wed, 25 Mar 2020 18:27:00 -0400Mexico's Maya crude rose to $16.81 per barrel - PlattsReuters: Company News

    The official selling price of Mexico's Maya crude for delivery to the U.S. Gulf Coast closed at $16.81 per barrel on March 25, an increase of $0.08 per barrel from the previous day, according to S&P Global Platts. (Reporting by Stefanie Eschenbacher and Marianna Parraga)

  • Brazil doctor urges caution on coronavirus 'game changer' drug (269 characters)

    Wed, 25 Mar 2020 18:13:00 -0400Brazil doctor urges caution on coronavirus 'game changer' drugReuters: Health News

    A Brazilian doctor leading a clinical trial of a malaria drug and antibiotic combination to treat the coronavirus urged caution on Wednesday, saying initial results of the drug that U.S. President Donald Trump called a potential "game changer" would take two weeks.

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    No proof drug touted by Trump is effective against coronavirus: EU [Reuters: World News]
  • Gilead asks FDA to take back lucrative orphan drug status on possible coronavirus treatment (272 characters)

    Wed, 25 Mar 2020 18:13:00 -0400Gilead asks FDA to take back lucrative orphan drug status on possible coronavirus treatmentReuters: Health News

    Gilead Sciences Inc on Wednesday took the unusual step of asking the U.S. Food and Drug Administration to rescind a controversial orphan drug designation the agency had granted for the biotech company's potential coronavirus treatment remdesivir just 48 hours earlier.

  • COVID-19 Pushes Up Internet Use 70 Percent, Streaming More Than 12 Percent, First Figures Reveal (1852 characters)

    Wed, 25 Mar 2020 18:02:00 -0400COVID-19 Pushes Up Internet Use 70 Percent, Streaming More Than 12 Percent, First Figures RevealSlashdot

    An anonymous reader quotes a report from Forbes: The first internet streaming and usage figures are coming in as the coronavirus pandemic places a quarter of the world's population under lockdown. As millions of people go online for entertainment and more, total internet hits have surged by between 50% and 70%, according to preliminary statistics. Streaming has also jumped by at least 12%, estimates show. [Maria Rua Aguete of Omdia, the tech research arm of Informa Tech] said the annual figures are revealing: "Ecommerce will be the other sector that will see a revenue boost as a result of the pandemic, adding $175 billion in revenue in 2020, which represents a 5% increase." Omdia predicts $11 billion losses for the movie industry with a 25% decline and a 15% drop in TV advertising, especially for ads promoting events such as concerts that can no longer take place. The surge in demand comes coupled with a warning from the company that paid TV advertising may decline by 15%. Omdia also predicted that industry recovery will start in 18 to 24 months. While official figures from Google's YouTube and other internet giants are awaited, Omdia's figures accord with other analysts. "Broadband providers are thus far experiencing a traffic surge between 30% and 50% across their mobile and fixed networks," said Alfonso Marone, who is head of media at KPMG U.K.: "Where self-isolation policies are at their peak in Europe, the spike in internet traffic has reached as high as 70%, which is indicative of what the traffic surge could look like in other regions in just two to three weeks' time. The most bandwidth-hungry are the online entertainment applications, especially those in high-definition like 4K movies and TV. For broadband providers, this spike may be seen as more a source of headache."

    Read more of this story at Slashdot.

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