The coronavirus outbreak is taking a deep toll on the U.S. economy, prompting hundreds of layoffs over the past week alone and halting a historic 11-year bull market in stocks.
Here’s your Daily LA for March 27, 2020.
Happening in LA
Bird is the latest startup hit by the COVID-19 pandemic. Today, Bird laid off about 30% of its employees amid the uncertainty caused by the coronavirus, TechCrunch has learned.
An online healthcare marketplace operator GoodRx, which operates online marketplaces for prescriptions, doctors, and other healthcare services, is expanding its marketplace to include online doctor’s visits (telehealth)
The L.A. Clippers owner and his wife Connie just pledged more than $25 MILLION to help fight the battle against COVID-19.
In the wake of devastating COVID-19 closures, the hospitality industry is doing everything they can to adapt and stay afloat. Following Governor Gavin Newsom’s emergency declarations, the California Department of Alcoholic Beverage Control has temporarily allowed the sale of alcoholic beverages to-go.
The bill contains $349 billion in loans to small businesses and nonprofits with less than 500 employees. People who are self-employed, freelancers and independent contractors — even gig workers like Uber or Lyft drivers — would also qualify.
All Los Angeles County beaches closed to the public on Friday, March 27, as part of the ongoing response to COVID-19. The new order expands upon the series of “soft closures” established previously, which closed parking lots and certain access points at beaches, hiking trails, and other outdoor areas. Beach-adjacent bike paths, piers, and promenades throughout the county are included in the shut-down.
President Trump signed the $2.2 trillion coronavirus stimulus package into law on Friday shortly after the House passed the bill.
On Friday, President Donald Trump signed a law authorizing $2.2 trillion in spending to protect the U.S. from the economic fallout stemming from the coronavirus, or COVID-19. The bill — the largest dollar figure of any ever passed — was the third pice of aid and stimulus legislation passed since the crisis began.
Walt Disney World and Disneyland Resort will remain closed “until further notice” amid the novel coronavirus outbreak, Disney announced Friday.
The number of confirmed coronavirus cases in the United States topped 101,000 on Friday as infections quickly spread to new areas of the country. As of Friday evening, the US has at least 101,242 known cases of coronavirus and 1,588 people have died, according to CNN’s tally of cases reported by health officials.
GoFundMe has emerged in recent years as America’s de facto health care safety net, so it makes sense that the crowdfunding platform would play a huge role in helping Americans during the coronavirus pandemic.
As the coronavirus pandemic wipes out markets, closes schools and colleges, suspends major conferences, sports leagues, and cultural events as well as upends the travel industry, businesses losing out on cash flow have started laying off workers.
If you’ve had your eye on Samsung’s Galaxy S10 Plus but haven’t fancied the $999 price tag, today is your lucky day. Verge readers can get an unlocked model of the 2019 flagship for just $579 over at Daily Steals. All you have to do is enter the code VERGEGXLYS10 at checkout.
Add Roku to the list of companies offering free premium TV trials to keep people entertained while they stay at home during the COVID-19 pandemic. It’s launching a Home Together initiative that provides extended 30-day trials of familiar networks and services.
ZipRecruiter is an online employment marketplace, connecting millions of employers and job seekers through mobile and email services. We were told that the company has laid off 500 staff. Not verified.
Art of Sport is a direct-to-consumer body care company that makes body and skincare products engineered to power all athletes. AOS lays off a few of its 16 employees. Not verified.
Founder, Editor-In-Chief // A native Angeleno. John studied engineering at UCLA; founded Schmoozd, an offline social tech networking event in LA with 30,000 subs; ran a startup accelerator (StartEngine). Worked for several major brands like Toyota, DIRECTV, Hitachi, ICANN, and Raytheon. A mentor at Loyola Marymount University (LMU) Entrepreneur School, Dr. David Choi. And advises a dozen local LA startups building amazing tech in various industries; and invested in some. // Let's Connect: email@example.com