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Business Fallout: Supercomputers vs. coronavirus; more masks

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Business Fallout: Supercomputers vs. coronavirus; more masks

Photo caption: In this March 18, 2019, photo the logo for IBM appears above a trading post on the floor of the New York Stock Exchange. […] (AP Photo/Richard Drew, File). Article: The Associated Press.

The rapid worldwide spread of the coronavirus since it was first revealed in China less than three months ago has dealt an unparalleled shock to the global economy.

Following are weekend business developments related to the outbreak as governments attempt to stabilize their economies, companies navigate through an altered landscape, and millions of people face job losses and interrupted goods and services.

COMPUTING HELP: IBM is offering up its speedy supercomputer to help combat the new coronavirus. […]

FACE MASKS COMING: 3M said that it has doubled the number of face masks it makes to 100 million per month in its plants around the world. […]

AIRPORT JOBS LOST: More than 1,500 contracted workers have been laid off from jobs at LaGuardia, Newark Liberty International and John F. Kennedy International Airport, […]

MARRIOTT FURLOUGHS: Marriott International Inc. said that it will furlough thousands of corporate employees at its U.S. headquarters and globally. […]

WORKER RESCUE: Airlines and retailers are pleading for aid as Congress and the White House continue to negotiate a rescue package.  […]

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