On PR Newswire: COVID-19 Continues to Disrupt Supply Chains, eBay Names New CEO
With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire for Journalists. Here are some of this week’s most newsworthy:
eBay Inc. announced on April 13 that the company’s board of directors has appointed Jamie Iannone as chief executive officer, effective April 27. He has also been elected to the company’s board of directors. Most recently, Iannone was chief operating officer of Walmart eCommerce. Iannone has over 20 years of experience leading digital pure-play and omnichannel platforms for some of the world’s premier consumer-facing companies.
As a follow up to survey results released on March 11, on April 14 the Institute for Supply Management (ISM) released its second wave of research on COVID-19 impacts on businesses and their supply chains. Insights reflect input gathered by ISM primarily from U.S.-based respondents between March 17 and 30.
NYC COVID-19 Response & Impact Fund Issues $44 Million in Grants and Loans to New York City-Based Social Services and Arts Nonprofits
The NYC COVID-19 Response & Impact Fund in the New York Community Trust on April 16 announced that 276 New York City-based social services and arts and cultural nonprofits affected by the coronavirus public health crisis have received support to date. These mainly small and mid-size nonprofits are receiving grants and interest-free loans totaling $44 million, with additional funding being issued to more organizations over the coming weeks.
Semiconductor equipment manufacturers worldwide logged sales of $59.8 billion in 2019, a 7% drop from the all-time high of $64.5 billion in 2018, SEMI, the industry association representing the worldwide electronics product design and manufacturing supply chain, reported on April 16. The data is now available in the Worldwide Semiconductor Equipment Market Statistics (WWSEMS) Report.
Americans Acutely Concerned About COVID-19 Financial Loss & Recent Government Response, According to New Tracking Survey
More than half of American workers are “very concerned” about their own jobs, and over one third (36%) worry that their companies will collapse due to COVID-19-related financial challenges, according to the findings of the first Kekst CNC COVID-19 international tracking survey. The data shows that Americans are split, however, on whether their confidence has increased in the federal government’s ability to handle the crisis.
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Larry Grady is online content manager at PR Newswire for Journalists. He has worked in business media for nearly 30 years and enjoys reality TV and daydreaming about travel and wine.