5% to 25% Pay Cuts at Buzzfeed

Struggling Buzzfeed‘s CEO, Jonah Peretti, has emailed staff a memo telling them that there will be salary cuts at BuzzFeed and blaming the corona virus. The listicle loving digital-media company’s staffers will see their pay reduced between 5% to 25% on a progresive scale, of course. “I understand this will be a real hardship for […]

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Author: order-order | Source

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Eco-Terrorists Target ‘At Risk’ Supporters in Coronavirus Fundraiser

Guido readers may remember the name Jay Tiernan, the violently anti-Tory eco-loon behind ‘Stop the Cull’, who last summer were responsible for protests that saw 3,000 chicks die after cutting the birds’ fencing and gas pipes, resulting in hundreds of week-old birds dead or gasping for food or water. Now Jay’s Stop the Cull is […]

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Author: Christian Calgie | Source

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Orban Goes Full Dictator

Victor Orban has gone far beyond the emergency measures implemented in any other democracy, in passing a new “anti-coronavirus defence law.” Orban’s Fidesz party, which has a large majority in the Hungarian Parliament, this afternoon passed a law granting the Hungarian Prime Minister enormous power with no time limit attached. Dictatorial… During the open-ended Coronavirus […]

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Author: Tom Harwood | Source

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Advertising recession ‘highly probable’ as coronavirus hits key media owners

An advertising recession in the first half of 2020 is now highly probable as brands slash spending due to the

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Author: James Warrington | Source

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UK government to spend £75m on charter flights for stranded Britons

The government will subsidise airlines to bring home UK nationals stuck abroad in a £75m deal. Travellers stuck in countries

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Author: Stefan Boscia | Source

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Coronavirus: Bank of England extends emergency liquidity measure

The Bank of England said today it would extend an emergency liquidity measure, the three-month Contingent Term Repo Facility (CTRF),

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Author: James Booth | Source

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Coronavirus: Clubs facing ‘an avalanche’ of claims from players over forced pay cuts

Everyone has had to make sacrifices since the coronavirus pandemic took over daily life, and sportspeople are no exception. With

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Author: Felix Keith | Source

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Sharing fake news about coronavirus should be an offence, says top Tory MP

Sharing fake news related to the coronavirus outbreak on social media should be an offence, a top Tory MP said

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Author: James Warrington | Source

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UBS sticks with planned dividend despite global calls for payout freeze

UBS intends to pay its 2019 dividend as planned, the Swiss banking giant said today, despite guidance from Swiss authorities

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Author: Anna Menin | Source

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Johnson & Johnson shares rise after it strikes $1bn coronavirus vaccine deal with US government

Shares in pharmaceutical giant Johnson & Johnson rose today after it said it had agreed a $1bn (£810m) deal to

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Author: James Booth | Source

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