As virus seizes markets, it’s no longer business as usual

Global markets and businesses big and small opened the week to a landscape seemingly altered by the coronavirus pandemic. A host of retail chains have shut their doors or diminished hours of business. Banks are taking steps to keep cash on hand, lots of it. Markets in Asia, Europe and the U.S. are plunging. Following is a quick look at how the outbreak is impacting the financial and business sector, as well as millions of workers and customers. … …read more Source:: AOL.com       

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26 signs you have a terrible boss, and how to stop them from crushing your happiness

Know the signs of a terrible boss so you can get out before it’s too late. Those signs include gossiping, throwing tantrums, and ignoring your viewpoint. Luckily, there are some ways to mend your relationship: find common ground, and pick up extra work. Visit Business Insider’s homepage for more stories. If you contemplate handing in your two weeks’ notice every time you talk to your boss, you’re not alone. A 2018 poll from job-search site Monster found as many as 76% of people say they currently have or recently had a toxic boss. Meanwhile, just 19% of respondents describe their boss as a mentor. “A bad boss won’t just jeopardize… Read More

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Funding Circle is planning layoffs outside the UK amid increased losses

This story was delivered to Business Insider Intelligence Fintech Briefing subscribers earlier this morning. To get this story plus others to your inbox each day, hours before they’re published on Business Insider, click here. Throughout 2019, the UK-based marketplace lender lent out £1.6 billion ($2 billion) to small businesses via its platform, per Funding Circle’s annual results. In total, it had £2.6 billion ($3.3 billion) in loans under management by the end of the year. Funding Circle grew its revenue 18% to £167 million ($211 million) in 2019, but also reported losses that grew from £50 million ($63 million) in 2018 to £85 million ($107 million) last year, per AltFi.… Read More

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How the Army’s helicopter ‘Freight Train’ trains to get soldiers and their gear where they need to be

Army Reserve aviators 159th General Support Aviation Brigade train regularly to move soldiers and cargo for trainings, combat missions, and humanitarian operations. The 244th Bravo Company was nicknamed “Freight Train” in honor of the first 244th Bravo Company, which served in Vietnam. Visit Business Insider’s homepage for more stories. JOINT BASE LANGLEY-EUSTIS, Virginia — The air around the soldiers is filled with the whirring noise of the helicopter rotors spinning as the blades cut through the air, keeping the helicopter aloft. More than 25 soldiers with the 359 Transportation Company were transported in a CH-47 Chinook to Wilcox, Virginia to begin their simulated in-country training. According to US Army Chief… Read More

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The IMF is ready to mobilize $1 trillion as nations fear a virus-driven global downturn

The International Monetary Fund is ready to tap its $1 trillion lending capacity as the coronavirus spreads. It’s the latest sign of concern that the epidemic could plunge the global economy toward a downturn. “The case for a coordinated and synchronized global fiscal stimulus is becoming stronger by the hour,” IMF Managing Director Kristalina Georgieva said. Visit Business Insider’s homepage for more stories. The International Monetary Fund is ready to tap its $1 trillion lending capacity as the coronavirus spreads, the latest sign of concern that the epidemic could push the global economy toward a downturn. IMF Managing Director Kristalina Georgieva said Monday the international lender stood ready to provide… Read More

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