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Crisis news in the USA | Page 2
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US banks need to prepare for massive credit write-offs, says Accenture
US banks will face up to $320 million in credit write-offs this year due to the pandemic, according to a recent report from consulting firm Accenture.
11 August 2020
Oliver Wyman: US Covid-19 cases could surpass 6 million in September
Consulting firm Oliver Wyman projects that Covid cases in the US could spike to 5 million in August and 6 million in September, according to the firm’s Pandemic Navigator modeling tool.
05 August 2020
A new global consumer is emerging, finds KPMG research
The post-Covid-19 consumer is financially cautious, tech savvy and more conscious about consumption patterns, according to KPMG. These trends might well be here to stay across the world.
03 August 2020
Slalom and Harvard help Denver with Covid-19 forecasting
Pro bono consultants from Slalom and students from Harvard helped the city of Denver create new flexible forecasting models to predict the impact of Covid-19 on municipal department revenues.
31 July 2020
Nearly half of people have delayed a vacation due to Covid-19
For its in-depth Digital Life Index study, global digital transformation firm Publicis Sapient has surveyed over 3,000 people in five countries – the US, Canada, the UK, Australia and Singapore – to
30 July 2020
CEO transitions decline as businesses gear up for a recession
Amid the latest economic recession, Bain & Company and Spencer Stuart have examined CEO transition trends across previous recessions to find that most businesses opt for stability in the thick of a c
28 July 2020
'Here in my car, I feel safest of all,' say US consumers in pandemic era
Eighty percent of Americans said they feel most safe in their car, compared to any other form of transportation, according to a recent survey from research consultancy Researchscape which was commiss
09 July 2020
Accenture looks to tackle remote worker stress
Accenture, the world’s largest management and technology consulting firm, says that it is making efforts to cut down on employee stress as the bulk of its workforce has shifted to a work-from-home ar
08 July 2020
Covid-19 accelerates video streaming subscriptions and cancellations
With Covid-19 keeping people at home and mass unemployment freeing up time, subscriptions to video streaming services have risen, according to recent report from Deloitte.
08 July 2020
Protiviti launches business resilience tool to help navigate Covid-19 challenge
Protiviti, a global management and technology consultancy, has launched its complimentary “Navigating Business Resilience,” which helps organizations build operational and financial resiliency in res
06 July 2020
Kearney: Investors will flee emerging markets in post-Covid period
Developed markets – with stable political and economic environments – dominated the 2020 Kearney Foreign Direct Investment Confidence Index (FDICI), which ranks the markets that are likely to attract
06 July 2020
Consulting firm Frost & Sullivan suffers data breach
Business consulting firm Frost & Sullivan has been the target of a data breach, with employee and customer information being offered for sale on a hacker forum, according to a report from Bleeping Co
30 June 2020
Government taps McKinsey to help manage $175 billion payout to hospitals
Consulting firm McKinsey & Company has been hired by the Deaprtment of Health and Human Services (HHS) to help manage $175 billion in federal relief funds for hospitals impacted by the coronavirus pa
25 June 2020
Deloitte CEO lauds its Big 4 dominance as firm axes thousands
Deloitte Global CEO Punit Renjen has planted his foot firmly in his mouth, lauding his firm’s “undisputed” financial dominance.
22 June 2020
New cleaning measures could cost hotel industry $9 billion annually
New cleaning protocols related to Covid-19 could cost the hotel industry up to $9 billion annually, according to a recent report from Hotel Asset Value Enhancement (hotelAVE), a leading hotel asset m
15 June 2020
US aviation industry could take four years to reach pre-Covid levels
Air passenger traffic in North America could take four years to reach pre-pandemic levels, according to projections from consulting firm ICF.
04 June 2020
Deloitte cuts 5,000 jobs in US, consulting takes largest hit
Deloitte US will lay off 5% (or approximately 5000 workers) of its 106,000-strong workforce.
03 June 2020
California hires Deloitte to improve its unemployment IT system
California’s Employment Development Department has awarded Deloitte a $5 million contract to help improve its unemployment IT system, which includes an online portal for unemployment claims processin
28 May 2020
Most Americans expect to travel same or more when restrictions lift
Sixty percent of Americans expect to travel the same or more for leisure once travel restrictions lift, according to an Oliver Wyman survey of 4,600 respondents across nine countries.
28 May 2020
AArete launches mobile app for managing workplace reopening
Consulting firm AArete has unveiled its new mobile app “Digital Pass” to help organizations manage workplace reopening, infection risk, and capacity restrictions.
20 May 2020
CBRE: Most employers taking phased, cautious approach to reopening
Most companies plan to take a gradual, cautious approach to reopening, according to a recent report from real estate services and investment firm CBRE.
18 May 2020
McKinsey: Covid-19 impact could reach 57 million jobs in US
Up to 57 million US jobs are vulnerable – encompassing permanent layoffs, temporary furloughs, and reductions in hours and pay.
11 May 2020
Point B launches strategy disruption response offering
Management consultancy Point B has launched a new Rapid Strategy Disruption Response offering to help clients deal with the sea change of Covid-19.
08 May 2020
IBM: Covid-19 greatly altering consumer preferences and behavior
US consumers are shifting their personal behavior and preferences as a result of the severe impacts of the Covid-19 pandemic, according to a recent survey from IBM.
06 May 2020
PwC develops contact-tracing app for staff and clients
Big Four firm PwC has developed a contact-tracing app to make the reopening of its offices – and its clients’ workplaces – safer.
05 May 2020
Consumers retreating as Covid-19 spreads
Health concerns generally exceed financial concerns in the US, with more than half of respondents concerned about health and nearly a quarter worried about finances, according to a recent Consumer Tr
04 May 2020
Covid-19 makes transformation more urgent for banks
The Covid-19 pandemic has compounded the issues global banks faced before the crisis.
28 April 2020
California newspapers headed for financial ruin, finds FTI report
The financial fortunes of California newspapers will rapidly decline over the next two years, according to an economic analysis from FTI Consulting commissioned by the California News Publishers Asso
24 April 2020
Businesses should start pandemic recovery plans today
As phase three of the coronavirus pandemic approaches, governments and organizations need to set their pandemic management protocols (PMPs) which outline how people work, travel, congregate, and conn
23 April 2020
Covid-19 craters demand in automotive industry
The Covid-19 pandemic has negatively impacted the global automotive industry – causing changes in consumer demand, disrupted supply chains, and production stoppages – according to a recent report fro
20 April 2020
PwC's 3,500 summer interns set for virtual internship
The impact of Covid-19 has resulted in PwC US shifting its summer internship program to the virtual space.
15 April 2020
Protiviti drops paywall on business resiliency content
Consulting firm Protiviti is offering select content from its paid subscription KnowledgeLeader website for free, covering topics ranging from business continuity to technology risk.
09 April 2020
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