economic reopening News

Embedded As a Risk, New COVID Cycle Could Challenge Economic Recovery

Five weeks after dropping its reference to the coronavirus as a weight on the economy, the U.S. Federal Reserve is confronting a challenging new rise in cases that has fueled doubts about the global recovery and is already forcing other …

Employers, Employees Navigate Back to Office, Work from Home Plans

Last year, companies around the U.S. scrambled to figure out how to shut down their offices and set up their employees for remote work as the COVID-19 virus suddenly bore down on the world. Now, in a mirror image, they …

Overtime, Flexibility, Automation Among Challenges in Pandemic Labor Reshuffle

If the coronavirus pandemic produced its own brand of anxiety for American workers trying to stay healthy while balancing job and family demands, the coming return to “normal” will pose a new set of challenges. Like whether to first try …

Impact of Coronavirus on U.S. Economy Could Be $3-$5 Trillion Over 2 Years: USC Study

The COVID-19 pandemic could result in net losses from $3.2 trillion and up to $4.8 trillion in U.S. real gross domestic product (GDP) over the course of two years, a new University of Southern California (USC) study finds. The pandemic’s …

Hotels’ Coronavirus Recovery Offerings Include Robots, Purifiers, Nonstop Elevators

Set in the kelly-green hills of Ireland’s County Clare, Dromoland Castle is the type of getaway that never sits empty. Why would it, with a pampering spa tucked behind 16th century walls, a par-72 championship golf course, and more stars …

Insurers Alert to Avoiding Legionnaire’s Disease Outbreaks as Buildings Reopen

Commercial insurers are scrutinizing building managers’ efforts to avoid outbreaks of Legionnaires’ disease as they re-open movie theaters, gyms, schools and offices that had been closed for months due to the coronavirus pandemic, industry sources told Reuters. Legionnaires’ disease is …

Liability Waivers Not Always Effective But Employers Take ‘Better Safe Than Sorry’ View

As businesses reopen across the U.S. after coronavirus shutdowns, many are requiring customers and workers to sign forms saying they won’t sue if they catch COVID-19. Businesses fear they could be the target of litigation even if they adhere to …

Health Experts Caution Over Disinfectants, Cleaning Methods Used in Rush to Reopen

Businesses across the U.S. have begun intensive Covid-19 disinfection regimens, exposing returning workers and consumers to some chemicals that are largely untested for human health, a development that’s alarming health and environmental safety experts. The rush to disinfect is well-intentioned. …

Aon Spearheads Economic Recovery Coalition in Chicago with Hopes of Taking It Global

Insurance broker and professional services firm Aon announced the formation of a coalition of other insurers, companies and organizations in the Chicago area to help advance economic recovery in the wake of the COVID-19 pandemic. The coalition includes other Illinois …

Federal Reserve Warns of ‘Long Road’ Ahead to Economic Recovery

The Federal Reserve expects household finances and business balance sheets to suffer “persistent fragilities” as a result of the shock to economic activity arising from the coronavirus pandemic, the central bank said in a report to Congress on Friday. In …