The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Tuesday related to the global economy, the work place and the spread of the virus.
___________ CUSTOMERS FIRST: The pandemic is sapping trillions from the economy and the ramifications for businesses, from banks to restaurants, is expected to be severe.
Companies have also recognized their customer are suffering and many are extending a hand. — Millions of one-time drivers are staying off the road.
Allstate is sending shelter-in-place paybacks to customers, with most getting checks for 15% of their monthly premium in April and May.
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