As healthcare workers risk their lives to treat patients amid the coronavirus pandemic, many organizations are providing much-needed support to the workers on the frontlines.
The Tunnel to Towers Foundation is not only raising money to provide essential protective equipment and meals for essential workers, but it also plans to offer mortgage relief for families of healthcare workers who lose their lives and leave behind young children.
The group launched the COVID-19 Heroes Fund, which has already raised over $4 million\.
Frank Siller, Tunnel to Towers chief executive officer, told Cheddar Wednesday,“The Tunnel to Towers Foundation will take over the mortgage for a period of time,” he said. “We are also buying all of the protective gear. The masks, the gowns and other things we are distributing from New York.”
Siller said the group has been distributing most of the protective gear and supplies to New York hospitals because the state is still grappling with the largest number of coronavirus cases across the country. The foundation is also providing meals for Emergency Medical Service workers and volunteers.
The Tunnels to Towers Foundation was founded in the aftermath of the 9/11 terror attacks in honor of Siller's younger brother Stephen, a New York City firefighter, who died that day. The organization raises money to help injured veterans and the families of fallen first responders.
Century 21 was a long-time staple for bargain shopping in Manhattan when it went belly up in 2020 at the height of the COVID-19 pandemic. Now, as of last week, the store has reopened and some locals see it as a sign of an economic recovery in New York City.
Paramount Global is set to absorb Showtime into Paramount+, creating a single streaming option to compete with the likes of Netflix and Warner Bros. Discovery’s Max. The company also plans to raise the monthly price from $9.99 to $11.99 per month after the integration.
Debt ceiling talks are underway in Washington, DC ahead of a default deadline. Michael Rosen, chief investment officer with Angeles Investments, joined Cheddar News to explain how a potential default could affect investment portfolios, among other items, for Americans.
Australia's government announced regulations for buy now, pay later services, which will be labeled as consumer credit products, which puts them under the country's Securities and Investments Commission's watch.
Walmart is reportedly teaming up with pet telehealth provider Pawp, giving subscribers unlimited access to vet services via video and text, starting on Tuesday.
Cheddar News checks in to see what's on The Day Ahead, which will include earnings from Lowe's, Dick's Sporting Goods, BJ's and AutoZone along with new home sales data. In addition, Microsoft's Build 2023 Developer Conference is slated to kick off for software engineers and web developers.
