Roger Lynch Adam Galica | CNBC Magazine publisher Conde Nast is laying off nearly 100 U.S. employees and furloughing 100 more as the coronavirus pandemic continues to hit the media industry, according to a company memo obtained by CNBC. The company will also reduce work hours for a handful of employees, according to the memo. Chief
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A visualization by LeoLabs of the possible collision of two defunct spacecraft in January 2020. LeoLabs Space start-up LeoLabs unveiled a service on Wednesday that will send alerts in real-time to help satellite and spacecraft operators to avoid crashing into debris or each other in space. “This is the first fully-automated collision avoidance service,” LeoLabs CEO Dan
Atul Gawande Lisa Lake | Getty Images Haven’s Dr. Atul Gawande is stepping down as chief executive and will serve as the company’s chairman of the board of directors, the company announced Wednesday. Gawande said in a role that the transition will shift his focus from day-to-day management and support the company’s strategy, board and
A man wearing a face mask holds a box of the American electronic commerce company Amazon in Central district, Hong Kong. Miguel Candela | SOPA Images | Getty Images A top Amazon executive is calling on Congress to establish a federal price gouging law so that the U.S. can more effectively combat the kinds of
The New York Department of Labor has paid approximately $7.4 billion in unemployment claims in the first seven weeks of the Covid-19 crisis to 1.7 million residents out of work, Melissa DeRosa, secretary to Gov. Andrew Cuomo, said on Wednesday. DeRosa said that roughly 1.8 million residents who are struggling with unemployment due to the coronavirus
Tesla‘s early reopening in California’s Bay Area during the coronavirus pandemic is still being handled on the local level, but California Attorney Xavier Becerra said he’s “ready to enforce” violations of the state’s orders. “The governor has issued certain declarations and where there is some discretion, the local authorities, the county officials, have the opportunity