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Binance Donated $2.4M in Coronavirus Medical Supplies; CZ Pledges More

Binance CEO Changpeng Zhao said his exchange had donated $2.4 million in crypto to buying medical supplies to fight the novel coronavirus outbreak, and plans to donate up to $5 million total......»»

Category: forexSource: coindeskApr 3rd, 2020

Sex toys, video games, and dolls: Amazon workers claim the company is still sending out whatever customers order despite pledges to prioritize essential goods

Jeramey Lende / Shutterstock.com On March 17, Amazon announced that it would only accept orders for goods such as medical and sanitation supplies, and other high-demand products amid the global coronavirus outbreaks.  Amazon.....»»

Category: topSource: businessinsiderApr 5th, 2020

Binance Raising $5M For Medical Supplies In Countries Hit Hard By Coronavirus

Binance Charity, a blockchain-powered platform for advancing ph.....»»

Category: blogSource: benzingaMar 25th, 2020

Coronavirus supplies donated by Alibaba"s Ma arrive in Africa

A first planeload of protective and medical equipment donated to Africa by Chinese billionaire and Alibaba co-founder Jack Ma to help it fight the coronavirus arrived in the Ethiopian capital Addis Ababa on Sunday......»»

Category: topSource: reutersMar 22nd, 2020

US intelligence believes China hid the severity of the novel coronavirus in January to hoard medical supplies

Andrew Harnik, File via AP US officials believe China covered up the extent of the coronavirus outbreak to hoard supplies, according to a four-page Department of Homeland Security intelligence report dated May 1 obtained by Associated Press. .....»»

Category: topSource: businessinsiderMay 3rd, 2020

New York reportedly paid $69 million for ventilators to an engineer with no background in medical supplies at the recommendation of the White House coronavirus task force

Reuters New York state paid $69 million for ventilators to an engineer with no background in medical supplies after he tweeted at President Donald Trump and the White House coronavirus task force recom.....»»

Category: topSource: businessinsiderApr 29th, 2020

Electronics manufacturing company Adafruit has seen a 90% plunge in sales during the coronavirus pandemic, but it"s been able to overhaul its operations to build medical supplies for crisis relief

Adafruit Adafruit, an electronics manufacturing company based in New York City, sprung to action after local officials put out a call for help during the coronavirus pandemic.  The company is n.....»»

Category: topSource: businessinsiderApr 26th, 2020

Brent crude rises after coronavirus drags it to lowest since 1999

Brent crude oil sank below $16 a barrel to its lowest since 1999 on Wednesday, before recovering slightly on the prospect of extra pledges to cut output in addition to a pact by major producers to limit supplies......»»

Category: topSource: reutersApr 22nd, 2020

Column: Amid coronavirus pandemic, Trump tariffs raise cost of masks, other medical supplies

Trump's global trade war costs the U.S. crucial medical supplies in the thick of the coronavirus pandemic. Trump's global trade war costs the U.S. crucial medical supplies in the thick of the coronavirus pandemic......»»

Category: topSource: latimesApr 21st, 2020

Why the Strategic National Stockpile wasn"t prepared for the coronavirus spread

In 1999, President Clinton ordered the formation of the Strategic National Stockpile — a series of warehouses in secret locations across the country filled with medical supplies and personal protective equ.....»»

Category: dealsSource: nytApr 17th, 2020

Trump plan for coronavirus supplies yields payoff for favored companies

In the rush for coronavirus supplies, major medical companies get a special deal from the Trump administration In the rush for coronavirus supplies, major medical companies get a special deal from the Trump administration.....»»

Category: topSource: latimesApr 17th, 2020

Northwestern teams up with startup to source coronavirus supplies

Chicago startup Rheaply has teamed up with Northwestern University to get Illinois healthcare professionals much-needed personal protective equipment (PPE) and medical supplies to address supply shortages amid the coronavirus crisis. The initiativ.....»»

Category: topSource: bizjournalsApr 15th, 2020

Coronavirus pandemic will cause a "much bigger wave" of protectionism, says trade expert

"There is a much bigger wave of protectionism in the near term that we should expect that is not just in medical supplies," said Deborah Elms, executive director at Asian Trade Centre......»»

Category: topSource: moneycentralApr 10th, 2020

The US needs masks to fight coronavirus, but supplies from China fell as demand rose

Just as medical workers need face masks more than ever to fight coronavirus, impor.....»»

Category: topSource: usatodayApr 9th, 2020

Fed up with scammers, Los Angeles moves to create clearinghouse for medical supplies

With shortages of medical gear threatening lives as coronavirus cases explode, the city of Los Ange.....»»

Category: topSource: latimesApr 7th, 2020

Trump Encourages Imports For Coronavirus Relief While Stopping U.S. Exports

U.S. President Donald Trump on Sunday touted the success of a government airlift that is bringing urgently needed medical supplies from around the world to healthcare workers combating the coronavirus.  read more.....»»

Category: blogSource: benzingaApr 6th, 2020

Alibaba billionaire and Brooklyn Nets owner Joe Tsai donates millions of supplies to New York

Joe Tsai, the billionaire co-founder of Chinese ecommerce giant Alibaba, and his wife Clara Wu Tsai, have donated 2.6 million masks, 170,000 goggles and 2000 ventilators to New York — the US epicenter of the coronavirus pandemic......»»

Category: topSource: moneycentralApr 5th, 2020

Newsom signs order to prevent price gouging during COVID-19

Gov. Gavin Newsom on Friday signed an executive order prohibiting sellers from raising prices on products such as food items and medical supplies by more than 10%. The order, which is in effect through Sept. 4, is a result of the coronavirus outbr.....»»

Category: topSource: bizjournalsApr 4th, 2020

Exclusive: Snap"s Spectacles team is making coronavirus face shields

Snap Lab, the hardware team behind Snap Inc.'s Spectacles video sunglasses, has pivoted at least temporarily to produce medical face shields during the coronavirus crisis. The much-needed equipment is being donated to ICU staff at Cedars-Sinai Me.....»»

Category: topSource: bizjournalsApr 3rd, 2020

Italy looks to safeguard biomedical valley leading fight against COVID-19

Italy plans to tighten health checks to ensure that work is not disrupted in a small northern town specialising in the production of medical supplies to tackle its coronavirus crisis......»»

Category: topSource: reutersApr 3rd, 2020

Exclusive: Spain"s coronavirus crisis stalls global fashion giant Inditex

Inditex has switched its clothes factories in Spain over to making medical supplies and its logistics hub has almost ground to a halt, effectively freezing the nerve centre of its business from which it supplies stores worldwide......»»

Category: topSource: reutersApr 3rd, 2020