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• 29 tech startup founders and CEOs share their fears and strategies for navigating the coronavirus crash: 'We are now wartime CEOs' The coronavirus crisis is an unexpected blow to many enterprise startups. Some CEOs have experienced previous downturns, including the Great Recession in 2008 and the tech dot-com crash in 2000. Others are facing a major crisis as a business leader for the first ime.  We reached out to 29 tech startup CEOs and founders to hear their fears and strategies as they navigate this global crisis. As Drift CEO David Cancel put it: "We are now wartime CEOs."  A few leaders vowed to try their best to protect their employees' jobs, whether through pledging a "no-layoff" policy or asking workers to…
• Wall Street's new disaster playbook; top restructuring lawyers   Welcome to Wall Street Insider, where we take you behind the scenes of the finance team's biggest scoops and deep dives from the past week.  If you aren't yet a subscriber to Wall Street Insider, you can sign up here. Wall Street had to quickly adapt to a new work-from-home reality, and firms are already thinking about how the coronavirus will transform the way they work in the long run — Tradeweb's CEO called the shift to remote work a "fundamental game changer" when it comes to business and personnel impact. Banks have been forced to rewrite continuity plans,…
• 'Hellbent on making money off of dying Americans': Inside the black market where multimillion dollar orders for masks lead to empty warehouses As mask manufacturers direct sales of vital supplies to healthcare workers, scammers are luring states into fake deals in order to obtain legitimate purchase orders so they can buy masks for the black market, sources tell Business Insider. Florida's top emergency management official railed against a "Ponzi scheme" full of empty warehouses and "phantom planes."  The Sunshine State was ready to pay $13 million to Mexican businessmen for two million masks that may have never existed. Well-connected political operatives are using their relationships to make money on medical supplies for coronavirus response.  Visit Business Insider's homepage for more stories. Florida's…
• 'The scary things that this virus can do': Doctors across NYC share the harrowing reality of caring for oxygen-starved coronavirus patients as equipment runs short New York City's hospitals are filling with coronavirus patients as the pandemic hits the city.  In response, hospitals are finding new ways to add beds and increase the number of patients they can care for.  The pandemic has transformed everyday life, creating a new reality for healthcare workers across the city.  Visit Business Insider's homepage for more stories. Dr. Trevor Pour, an emergency medicine doctor at Mount Sinai Health System, feels like he has a different job now.  In the ER, Pour would usually see a vast array of health problems: broken bones and scrapes, coughs, stomach woes. This week,…
• 'MAYDAY': The largest organization of independent truck drivers is demanding that Trump provide masks, testing, and quarantine zones for truckers America's largest organization of independent truck drivers is demanding that President Donald Trump act quickly to protect drivers. There are nearly two million truck drivers in the US, and they have been deemed as "essential" workers while much of the nation has been told to stay home.  Truckers are at an increased risk for contracting the coronavirus.  Visit Business Insider's homepage for more stories. In a letter that begins "HELP – MAYDAY – 9-1-1," America's largest organization of independent truck drivers is demanding that President Donald Trump act quickly to protect drivers. Todd Spencer, the president and CEO of the…