Pandemic Endangers Immigrant’s ‘American Dream’

Americans are losing work and filing for unemployment benefits at a record pace as companies large and small remain closed or operate at reduced capacity during the COVID-19 pandemic. The pain extends to small-business owners in the Washington area who had to let workers go when revenue dried up. Among them is Alexandria, Virginia, hairstylist […]

COVID-19 – Cargo Entry Point Update, 7 May 2020

In an effort to have an overview of the impact of COVID-19 on Humanitarian Supply Chains in the world, the Logistics Cluster is compiling updates on entry point for cargo. The table below reflects updates received from other organisations and the private sector. As per the Logistics Cluster mandate, the information gathered focuses only on […]

Bombardier Reports First Quarter 2020 Financial Results and Measures Taken in Response to COVID-19 Pandemic

Consolidated revenues of $3.7 billion, increasing by 5% year-over-year; consolidated adjusted EBIT(1) of $60 million, down 65% year-over-year, $156 million of reported EBIT; free cash flow usage(1) of $1.6 billion; operating cash flow usage of $1.5 billion Cash on hand of $2.1 billion, including a $386 million equity injection in Transportation in the quarter by Caisse de […]

TeraRecon Announces Emergency Lung AI Suite and Intuition Upgrade

DURHAM, N.C., May 07, 2020 (GLOBE NEWSWIRE) — Advanced visualization and artificial intelligence leader TeraRecon today announced the release of two new lung density analysis solutions for the assessment and necessary follow-up care of COVID-19 patients.  These solutions, the Lung Density Analysis II (LDA-II) workflow for Intuition and the Emergency Lung AI Suite, provide two […]

Philips to convene Extraordinary General Meeting of Shareholders

May 7, 2020 Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA) today announced that it will convene an Extraordinary General Meeting of Shareholders (EGM) and publish the agenda with explanatory note shortly. The sole purpose of the EGM is submit to Philips’ shareholders the revised proposal, as announced on April 20, 2020, to […]