High levels of Covid-19 deaths harmed MetLife Inc.’s fourth-quarter results in its employer-sponsored life insurance business as the Delta variant persisted in the United States, but the outsized payouts were more than offset by unusually strong investment gains. The New York company’s net income increased to $1.18 billion, up from $124 million the previous year,… Continue reading MetLife’s Earnings Surge, but Covid-19 Limits Insurer’s Latest Results
Tag: Delta variant
Business Travelers, Expect More Zooms and Few Trips This Fall
The return to work isn’t happening as expected this fall. The same is true for work travel. Business travel has remained stymied by the pandemic, even as people take to the skies in droves for vacations. Hopes for a rebound in business travel this fall have deflated with the spread of the Delta variant of… Continue reading Business Travelers, Expect More Zooms and Few Trips This Fall
Delta Variant Threatens Small Businesses as It Slows Return-to-Office Plans
Tens of thousands of downtown small businesses that have been scraping by were eagerly awaiting the week of Labor Day, when many companies expected that their employees would return to the office. Now, the Covid-19 Delta variant is dashing hopes that workers will be back in large numbers, causing these business owners to scramble again… Continue reading Delta Variant Threatens Small Businesses as It Slows Return-to-Office Plans
Companies Are Scrapping Plans for Fall as Delta Variant Spreads
Up until a few weeks ago, corporate leaders felt confident about what to expect this fall. Offices would reopen after Labor Day. Business travel would resume more broadly. Long-delayed work gatherings, conventions and off-site meetings would finally take place. The pandemic has, once again, upended many of those plans. The swift, startling resurgence of Covid-19… Continue reading Companies Are Scrapping Plans for Fall as Delta Variant Spreads
Vaccine Mandate Splits Corporate America
Business leaders broadly agree they need to get more workers vaccinated to keep the U.S. economy humming in the face of the fast-spreading Delta variant. But they’re split over how best to do that. Some are dangling bigger bonuses or other incentives to cajole employees into getting the Covid-19 vaccine. Others have started requiring workers… Continue reading Vaccine Mandate Splits Corporate America